Overview of the KOHO Premium Visa Card
Earn rewards
2 points/$1
On groceries, restaurants (including fast food & drinks), daily transit
0.5 points/$1On all other purchases
Detailed card summary
Benefits & features
- KOHO Premium offers a smart cash back account with a reloadable prepaid Visa card and fully integrated app. Easily load funds to your account and spend anywhere Visa is accepted and earn cash back on every purchase.
- Earn 0.5% cash back on all purchases and an additional 2% on 3 main spending categories: groceries, transportation, and eating and drinking
- No interest, no hidden fees, no debt
- No FX fees. Avoid the 2-3% you’re usually charged when you spend outside of Canada
- Personalized financial coaching on demand. Ask a certified financial coach any money question you have.
- Earn an additional 1% cash back on all purchases for 90 days when you sign up for KOHO from RateHub
- Choose from one of four exciting card colours. Receive both a physical and virtual card.
- Easily load funds to your card via e-transfer or direct deposit and make purchases anywhere Visa is accepted.
- Security – all customers are backed by Visa’s protection policy and all funds are securely held by People’s Trust
- Add your KOHO card to Apple, Samsung or Google Pay
- Receive real-time spending notifications
- Automate your savings with Goals and RoundUps
- Opt into KOHO Save in the app to start earning 1.2% interest on your entire balance
- Access your payroll up to 3 days early for free with the Early Payroll feature
- Access to KOHO Credit Building to help rebuild your credit score.