How to Get Cash Back on Your City of Waterloo bill

What is City of Waterloo?

Waterloo mails interim tax bills in February, due in March and May, and final bills in June, with residential final bills due in July and September. The City asks you to pay through your bank at least 3 business days before the due date. The math on this page uses $400/month as an example property tax; your own amount will differ, and the cash back scales with it.

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

1. Create your free Neobanc account: sign up at neobanc.com, takes about 2 minutes with instant verification.
2. Add City of Waterloo as a payee: search "City of Waterloo" in Bills. Banks and Neobanc list it as City of Waterloo Taxes / Waterloo Ontario Taxes.
3. Enter your roll number: 15-digit roll number, entered as the account number with no spaces or decimals, see below for exactly where to find it.
4. Pay with your preferred credit card: one-time or recurring. Your card earns its normal rewards; Neobanc adds cash back on top.
5. 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 Waterloo Roll Number

Format: 15-digit roll number, entered as the account number with no spaces or decimals. Look on your latest statement or your online account profile.

Verified against www.waterloo.ca, October 2026.

Can I Pay City of Waterloo 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% cash back on top. On a $400/month City of Waterloo property tax, that's roughly $144 back per year between a 2% cash-back card and Neobanc, for the exact same property tax.

The Math on Your City of Waterloo Property Tax

On a $400/month property tax, a 2% cash-back card returns about $8.00/month, and Neobanc adds $4.00 on top, roughly $144 per year for switching how you pay, not what you pay.

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

Change how you pay before what you pay. Paying by bank transfer or Pre-authorized payments (12-month plan, due date plan or arrears plan) earns nothing; the same property tax through Neobanc with a cash-back card returns about $144 a year. Interest and penalties start the day after the due date, and late charges continue each month until the account is paid in full. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.