About NEOBANC
Neobanc is a Canadian fintech platform that lets renters pay rent, bills, and mortgage payments—and earn cashback on every transaction. Users fund payments via Interac e-Transfer (free) or credit card (1.50%–2.25% fee), and Neobanc forwards the funds to the landlord, biller, or bank on the due date, crediting cashback along the way. It also offers optional rent reporting to credit bureaus to help renters build credit.
Key Features
- Pay rent, mortgage payments, bills, and gift cards—earn cashback on every payment
- Up to 2% cashback on rent, and up to 6% total when stacked with credit card rewards (limited time offer)
- 0.5% cashback on mortgage payments and 1% on eligible bills (utilities, telecom, credit cards, etc.)
- Supports Interac e-Transfer, credit card (Visa, Mastercard, Amex), Apple Pay, and Google Pay
- Optional free rent reporting to credit bureaus to help build credit history
- Referral and payment-link tools for splitting rent or having someone else pay on your behalf