Overview of the KOHO Essential
Earning categories
1%
On groceries, eating & drinking, and transportation, restaurants (including fast food & drinks)
0.25%On other purchases
Detailed card summary
Benefits & features
- 1% cash back on groceries, eating & drinking, and transportation
- 0.25% cash back on all other purchases
- 5% interest on your entire balance
- Credit Building for $7 / month instead of $10
- Unlimited e-Transfers
- Up to 5% extra cash back at selected merchants
- Up to $100K of your money earning interest is protected by CDIC
- No annual commitment, can pay month-to-month