Overview of the KOHO Essential
Earning categories
1%
On gas, groceries, eating & drinking, and transportation, restaurants (including fast food & drinks)
Detailed card summary
Benefits & features
- Earn 1% cash back on groceries, eating & drinking, and transportation. Up to 6.5% extra cash back at selected merchants
- Earn 2.5% interest on both your spending and savings accounts. Your funds will also be eligible for CDIC insurance.
- Get access to a cash advance of up to $250* at 0% interest with Cover.
- Free Credit Score
- Send money to 190+ countries with KOHO’s International Money Transfer feature and enjoy the best exchange rates, no hidden fees, and transfers that arrive within 30 minutes*.
- Grow your credit by an average of 31+ points in just 4 months with Credit Building* for $10 / month.
- All KOHO plans come with a free 30-day trial so you can see if it suits you.
- $48 annually
- Get this plan for $0 when you set up a recurring Direct Deposit or deposit $1000 each month into your KOHO account.
- Choose from one of the exciting card colours we offer and receive both a physical and virtual card for instant use.
- Your everyday spending and saving account with no minimum account balance, Instant e-transfers unlimited transactions
- Add your KOHO card to Apple, Samsung or Google Pay.
- Automate your savings with Goals and RoundUps. Rounding up every purchase lets you stash away some savings, while Goals make it easier to save for whatever it is that makes you happy
- Lock in savings with Vault that keeps the funds you don’t want to spend separate from your spendable balance and create custom budgets and track your spending habits.
- Interest rates are per year, calculated daily, paid monthly, and can change at any time without notice.
