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Quick answer:
VMedia bills average around $55/month for a typical household. VMedia bills on the 1st of each month. To pay by online banking, set up VMedia as a payee at BMO, CIBC, Desjardins, HSBC, National Bank, RBC, Scotiabank, TD, Tangerine or Central 1 credit unions, and allow at least five business days so payment arrives by the 1st, otherwise the credit card on file is charged.
Check Your account number is your My Account username, sent in the welcome email when you signed up, and it appears on each monthly invoice under Bills & Payments.. Enter it exactly as shown when adding the payee.
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 $55/month VMedia bill, that's roughly $26 back per year between a 2% cash-back card and Neobanc, for the exact same bill.
Average $55/month: a 2% cash-back card returns about $1.10/month, and Neobanc adds $0.55 to $1.10 on top, roughly $26 per year for switching how you pay, not what you pay.
Change how you pay before what you pay. Paying by bank transfer or Automatic credit card billing earns nothing; the same bill through Neobanc with a cash-back card returns about $26 a year. A residential account 10 days past due is charged a $25 administration fee and suspended until paid; accounts more than 20 days past due may be terminated. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.
