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Quick answer:
When adding the payee, choose Lambton College and not Lambton College Residence. Online bank payments can take up to five days to reach the college. The math on this page uses $355/month as an example tuition; your own amount will differ, and the cash back scales with it.
Format: 7-digit student ID without the leading c (for example, c0123456 becomes 0123456), entered as the account number. Look on your latest statement or your online account profile.
Verified against www.lambtoncollege.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 $355/month Lambton College tuition, that's roughly $128 back per year between a 2% cash-back card and Neobanc, for the exact same tuition.
On a $355/month tuition, a 2% cash-back card returns about $7.10/month, and Neobanc adds $3.55 on top, roughly $128 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 $128 a year. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.