How to Get Cash Back on Your Simon Fraser University bill

What is Simon Fraser University?

SFU asks you to allow two to three business days for a bank payment to post, and warns not to select SFU-Residence or SFU-Residence and Meal Plan for tuition, because those payees apply the money only to residence fees. The math on this page uses $550/month as an example tuition; your own amount will differ, and the cash back scales with it.

How to Get Cash Back on Your Simon Fraser University Tuition

1. Create your free Neobanc account: sign up at neobanc.com, takes about 2 minutes with instant verification.
2. Add Simon Fraser University as a payee: search "Simon Fraser University" in Bills. Banks and Neobanc list it as Simon Fraser University.
3. Enter your student number: SFU student number, entered as the account, invoice or billing number; if your bank asks for a 10-digit number, add a zero to the front of the student number, see below for exactly where to find it.
4. Pay with your preferred credit card: one-time or recurring. Your card earns its normal rewards; Neobanc adds cash back on top.
5. Earn cash back on every payment: cash back lands in your Neobanc balance. Withdraw it or put it toward next month's tuition.

Where to Find Your Simon Fraser University Student Number

Format: SFU student number, entered as the account, invoice or billing number; if your bank asks for a 10-digit number, add a zero to the front of the student number. Enter your SFU student number as the billing number on the Simon Fraser University payee.

Verified against www.sfu.ca, October 2026.

Can I Pay Simon Fraser University With a Credit Card?

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 $550/month Simon Fraser University tuition, that's roughly $198 back per year between a 2% cash-back card and Neobanc, for the exact same tuition.

The Math on Your Simon Fraser University Tuition

On a $550/month tuition, a 2% cash-back card returns about $11.00/month, and Neobanc adds $5.50 on top, roughly $198 per year for switching how you pay, not what you pay.

How do I save the most on my Simon Fraser University tuition each month?

Change how you pay before what you pay. Paying by bank transfer or pre-authorized debit earns nothing; the same tuition through Neobanc with a cash-back card returns about $198 a year. SFU charges monthly interest of 2% (24% per annum) on balances not paid by the tuition payment deadline, assessed on the first of each month. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.