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Quick answer:
Saanich warns that a payment made to the wrong municipality will result in a penalty if it is not corrected before the due date, so check that your bank payee is the District of Saanich. The math on this page uses $250/month as an example property tax; your own amount will differ, and the cash back scales with it.
Format: 9-digit folio/roll number; enter it without the dashes. The folio number is printed on the front of the Property Tax Notice.
Verified against saanich.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 $250/month District of Saanich property tax, that's roughly $90 back per year between a 2% cash-back card and Neobanc, for the exact same property tax.
On a $250/month property tax, a 2% cash-back card returns about $5.00/month, and Neobanc adds $2.50 on top, roughly $90 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 Payment Plan earns nothing; the same property tax through Neobanc with a cash-back card returns about $90 a year. A 5% penalty applies to the remaining unpaid current balance after the early July due date, and an additional 5% after the second penalty date in early September. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.