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Quick answer:
Instalments are due the first Thursday of March, May, July and September, and the Town says online banking payments are not reflected on the tax account the same day they are made. The math on this page uses $465/month as an example property tax; your own amount will differ, and the cash back scales with it.
Format: 19-digit tax roll number entered as the account number; if your bank will not accept 19 digits, remove the first four digits (2124). The 19-digit roll number is printed on your property tax bill.
Verified against www.caledon.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 $465/month Town of Caledon property tax, that's roughly $167 back per year between a 2% cash-back card and Neobanc, for the exact same property tax.
On a $465/month property tax, a 2% cash-back card returns about $9.30/month, and Neobanc adds $4.65 on top, roughly $167 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 (10-month plan or 4-month installment plan) earns nothing; the same property tax through Neobanc with a cash-back card returns about $167 a year. A next-day penalty of 1.25% is charged after the due date, and an additional 1.25% is charged on the first of each month until the balance is paid. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.