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Quick answer:
Conestoga asks you to allow 3 to 5 days for an online banking payment to be processed, so send it a few days before the due date shown on your term invoice. The math on this page uses $230/month as an example tuition; your own amount will differ, and the cash back scales with it.
Format: 7-digit Conestoga student number, entered as the account/reference number for the Conestoga College payee. Use your Conestoga student number; your term invoice is in the Student Portal under the Financial tab > My Invoice > View Invoice.
Verified against conestogac.on.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 $230/month Conestoga College tuition, that's roughly $83 back per year between a 2% cash-back card and Neobanc, for the exact same tuition.
On a $230/month tuition, a 2% cash-back card returns about $4.60/month, and Neobanc adds $2.30 on top, roughly $83 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 debit earns nothing; the same tuition through Neobanc with a cash-back card returns about $83 a year. Online banking payments received after the stated due date are assessed a late fee of $150. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.