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Overview of the KOHO Prepaid Mastercard®

Detailed card summary

Benefits & features

  • KOHO is a free spending and savings account where you can get instant cashback and earn interest on your entire account. You get a prepaid reloadable credit card that gives you all the spending power of a credit card without any fees or interest.
  • Earn up to 5% cash back with KOHO partnered merchant and 0.5% cash back on all purchases
  • No account fees
  • Automate your savings with Goals and RoundUps
  • Create custom budgets and track your spending habits. Know where you’re at in real time with instant notifications every time you spend.
  • Choose from one of four exciting card colours. Receive both a physical and virtual card.
  • Start adding funds and shopping online while you wait for your physical card to arrive in the mail. No need to budge from your couch to make online purchases. Just use your virtual card!
  • Card Security – KOHO provides a different card number to help protect your physical card number when you’re shopping or booking services online
  • Add your KOHO card to Apple, Samsung or Google Pay
  • Earn up to $1000 by referring friends to KOHO. Refer a friend to KOHO and KOHO will give you both $20 each!
  • 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
  • Access all of KOHO’s beneifical financial features right through the app

How to redeem

How to get approved


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