How much cash back will I earn on City of Toronto?

On the average $347/month property tax: $3.47 to $6.94/month from Neobanc plus about $6.94 from a 2% card, roughly $167 a year.

Neobanc CASHBACK

How to Get Cash Back on Your City of Toronto bill

Pay City of Toronto with any credit card and earn up to 2% cash back with Neobanc, on top of your card's rewards. Setup takes 2 minutes.

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Takes ~2 minutes · Works with any Visa or Mastercard · City of Toronto qualifies

347

average monthly City of Toronto

1-2%

Neobanc cash back, on top of card rewards

≈ $58/yr

back on this bill (cash back + 2% card rewards)

Quick answer:

Add City of Toronto as a payee in Neobanc (RBC & TD: 'City of Toronto Property Taxes' · BMO: 'Toronto, City of, Property Taxes' · CIBC & Scotiabank: 'Toronto (City of) Property Tax' · National Bank: 'City of Toronto Taxes'), enter your roll number (21-digit assessment roll number, entered exactly as shown on your bill), and pay with any credit card. You'll earn 1% to 2% Neobanc cash back plus your card's own rewards, about $167 a year on a typical $347/month property tax.

What is City of Toronto?

City of Toronto bills average around $347/month for a typical household. Toronto issues two tax bills a year (interim and final) with instalment schedules of 2, 6 or 11 payments; balances are checkable via the Property Tax Lookup tool.

How to Get Cash Back on Your City of Toronto Property Tax

Create your free Neobanc account: sign up at neobanc.com, takes about 2 minutes with instant verification.
Add City of Toronto as a payee: search "City of Toronto" in Bills. Banks and Neobanc list it as RBC & TD: 'City of Toronto Property Taxes' · BMO: 'Toronto, City of, Property Taxes' · CIBC & Scotiabank: 'Toronto (City of) Property Tax' · National Bank: 'City of Toronto Taxes'.
Enter your roll number: 21-digit assessment roll number, entered exactly as shown on your bill, see below for exactly where to find it.
Pay with your preferred credit card: one-time or recurring. Your card earns its normal rewards; Neobanc adds cash back on top.
Earn cash back on every payment: cash back lands in your Neobanc balance. Withdraw it or put it toward next month's property tax.

Where to Find Your City of Toronto Roll Number

Format: 21-digit assessment roll number, entered exactly as shown on your bill. Printed on your interim/final property tax bill and property tax account statement; it is also the number you use to sign in to the City's online Property Tax Lookup tool

Verified against www.toronto.ca, July 2026.

Can I Pay City of Toronto 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% to 2% cash back on top. On a typical $347/month City of Toronto property tax, that's roughly $167 back per year between a 2% cash-back card and Neobanc, for the exact same property tax.

The Math on Your City of Toronto Property Tax

Average $347/month: a 2% cash-back card returns about $6.94/month, and Neobanc adds $3.47 to $6.94 on top, roughly $167 per year for switching how you pay, not what you pay.

How do I save the most on my City of Toronto property tax each month?

Change how you pay before what you pay. Paying by bank transfer or Pre-Authorized Tax Payment (PTP) program earns nothing; the same property tax through Neobanc with a cash-back card returns about $167 a year. Toronto adds a 1.25% penalty on the first day of default plus 1.25% interest on the first of each month while unpaid. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.

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Frequently Asked Questions

Can I pay my City of Toronto property tax with a credit card?

Yes, through Neobanc you can pay City of Toronto with any Visa or Mastercard credit card and earn 1% to 2% Neobanc cash back on top of your card's own rewards.

Where do I find my City of Toronto roll number?

21-digit assessment roll number, entered exactly as shown on your bill. You'll find it on Printed on your interim/final property tax bill and property tax account statement; it is also the number you use to sign in to the City's online Property Tax Lookup tool

Which payee do I choose for City of Toronto?

Banks and Neobanc list it as RBC & TD: 'City of Toronto Property Taxes' · BMO: 'Toronto, City of, Property Taxes' · CIBC & Scotiabank: 'Toronto (City of) Property Tax' · National Bank: 'City of Toronto Taxes'. Pick the one matching your service and enter your roll number exactly as it appears.

How long does a City of Toronto payment take through Neobanc?

Payments typically post within 1 to 2 business days. Schedule at least 3 business days before the due date to be safe.

Can I set up automatic payments for City of Toronto?

Yes, set a recurring payment in Neobanc so every cycle earns cash back automatically (this replaces City of Toronto's Pre-Authorized Tax Payment (PTP) program).

Is there a fee to pay City of Toronto through Neobanc?

Neobanc charges a small processing fee (1.50% to 2.25% depending on plan), offset by your credit card rewards plus Neobanc cash back.

What happens if my City of Toronto payment is late?

Toronto adds a 1.25% penalty on the first day of default plus 1.25% interest on the first of each month while unpaid.

Is there a City of Toronto promo code?

Promotions come and go, but the evergreen discount is structural: 1% to 2% cash back on every City of Toronto payment through Neobanc, on top of your card's rewards.

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