KOHO

Avg. Rating: 5.0 (3 reviews)

KOHO Visa is a free pre-paid, reloadable card and integrated app that gives real-time insights into your daily spending.

KOHO offers a no-fee spending account with instant cashback to simplify your personal finances. People use the KOHO reloadable prepaid Visa card to budget and save. You can use it wherever Visa is accepted, and by using it, you’ll only spend money that you have available. The KOHO card is directly tied to an app that shows you all the insights about your spending.

 

 

  • TIME IN BUSINESS: Since 2014
  • # OF CUSTOMERS: Over 175,000

team@koho.ca 67 Mowat Ave, Toronto, Ontario M6K, CA
Call Center: 7 days a week
Support Offered:
  • Social Media
  • Email
  • Online App
Availability: Everywhere in Canada

Products Offered

Below are all the products offered by this company.

KOHO

KOHO Visa is a free pre-paid, reloadable card and integrated app that gives real-time insights into your daily spending.

Cost

This no-fee card functions like a chequing account but with the benefits of a credit card, even giving you cashback on all your purchases.

Summary

  •  No account fees
  • RoundUps
  • Extra cash back at select merchants
  • 0.5% cashback on everything

KOHO Premium

KOHO Premium is a subscription service that earns you additional benefits.

Cost

Free for 30 days then $9 per month or $84 per year

Summary

  • 2% Cash back on groceries, eating & drinking, and transportation
  • No foreign transaction fees
  • Free financial coaching
  • Price matching
  • New card design

KOHO Joint

You can open a joint account with KOHO so you and your partner or family members can earn rewards even faster and take advantage of all of the standard KOHO perks, including high-interest savings accounts and free Interac e-Transfers.

Summary

  • Earn 0.5% cash back rewards with every eligible purchase
  • Instant notifications when you and your partner spend
  • Joint savings tools

Other Products

  • Metal Card

KOHO lets you order a limited edition Metal Card – upgrade to a metal card for $159.00 or upgrade to a metal card for $50.00 when you refer two friends. All KOHO accounts come with the option of a Metal Card.

  • Grow your credit score

Rebuild your credit score. For only $7/month, you can grow your score and your opportunities.

Frequently Asked Questions About KOHO

What is KOHO?

KOHO Visa is a free pre-paid, reloadable card and integrated app that gives real-time insights into your daily spending.

What does KOHO do?

KOHO offers a no-fee spending account with instant cashback to simplify your personal finances. People use the KOHO reloadable prepaid Visa card to budget and save. You can use it wherever Visa is accepted, and by using it, you’ll only spend money that you have available.

How does KOHO work?

The card is a prepaid Visa, and you use it as such. It’s easy: just create an account and add money to your KOHO account via Interac e-Transfer from your regular bank account or by setting up automatic payroll deposits.

Is KOHO safe?

Tens of thousands of Canadians are already using KOHO to spend smarter, save quicker, and restore financial balance. They've raised 2 rounds of funding and won the NASDAQ award for Best FinTech Co. Additionally, with KOHO, you get a physical card that comes with a chip and PIN so your information stays secure.

What is KOHO's goal?

KOHO wants Canadians to be able to travel more, retire sooner, and live more balanced lives. With an app and a reloadable card, KOHO is a totally new approach to spending and saving.

Can I use the KOHO card with my partner?

Yes. You can have personal or joint accounts so the KOHO card could be good for couples who are just starting to merge their finances.

Where is KOHO available?

The KOHO card is available to everyone in Canada, including residents of Quebec.

How much does KOHO cost?

There is no cost for the basic KOHO service, it’s completely free. If you decide to upgrade to the premium service, KOHO will cost you $9 per month or $84 for the year.

How do I create an account with KOHO?

Sign up within the KOHO app for iOS or Android. Your KOHO card will come within 10 days. All you need is a Canadian bank account to send your first e-Transfer from.

Can I use KOHO for online purchases?

Yes. KOHO works everywhere prepaid Visas are accepted. All you need to do is enter your card info — card number, your name, CVV, and expiration date.

KOHO Reviews

Avg. Rating: 5.0 (3 reviews)
Great app

Really liking KOHO since I joined 2 months ago. The cash back on the premium plan paid for itself already. Loving my sick card, always get comments on it.

Myles
Great bank

Great bank who seem to be about helping the people. Lots of great reasons to use KOHO , incentives, cash back on purchases ,just to name a couple. Check it out and you are skeptical like I was , you will soon feel at ease. Great app , great online banking. (via Google reviews)

James
RoundUp

Love the RoundUp feature!!!

Sandra

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