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Quick answer:
The interim tax bill is based on 50% of the prior year's annualized taxes and the final bill is due in two instalments. The City processes online and telephone banking payments on the day it receives them, which can be three to five business days after the day you pay. 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: Your property tax roll number, entered as the account number. The roll number and Customer ID number are printed on the property tax bill, with the Customer ID in the top corner.
Verified against saultstemarie.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 Sault Ste. Marie 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 payment plan earns nothing; the same property tax through Neobanc with a cash-back card returns about $99 a year. Unpaid taxes are charged a penalty of 1.25%, added on the day after the due date and on the first day of each month that taxes remain unpaid. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.