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Quick answer:
The property tax notice is sent at the end of May with payment due in early July. In online banking, search for New Westminster and pick the payee containing "taxes", and allow at least 3 business days before the due date. The math on this page uses $275/month as an example property tax; your own amount will differ, and the cash back scales with it.
Format: 8-digit folio number, entered as the bill payment account number. The folio number is printed on the front of the property tax notice.
Verified against www.newwestcity.ca, October 2026.
Yes, and it's the whole point. Most billers don't reward you for how you pay. Through Neobanc, your card earns its normal rewards and Neobanc adds 1% cash back on top. On a $275/month City of New Westminster property tax, that's roughly $99 back per year between a 2% cash-back card and Neobanc, for the exact same property tax.
On a $275/month property tax, a 2% cash-back card returns about $5.50/month, and Neobanc adds $2.75 on top, roughly $99 per year for switching how you pay, not what you pay.
Change how you pay before what you pay. Paying by bank transfer or Pre-Authorized Pre-Payment (PAPP) plan earns nothing; the same property tax through Neobanc with a cash-back card returns about $99 a year. A 5% penalty is charged on current taxes still owing the day after the July due date, and a second 5% penalty is applied to any unpaid balance in early September. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.