An app designed for everyday spending and tomorrow's savings
- KOHO is a full-service app and reloadable prepaid credit card with no hidden fees.
- Get $20 when you sign up for a free KOHO account with code KOHOHISA20 and make your first purchase! Plus, enjoy 3 months of KOHO Extra*
Your money, managed your way
KOHO is a free chequing account that acts like a debit card but gives you all the spending power of a credit card without the interest or fees.
Your app and physical prepaid credit card work together to make day-to-day finances smart and stress-free. With cash back and no fees, KOHO users can save more and pay down debt quicker. Get balance updates after each purchase. With KOHO, you can see how you are tracking each day, week, or month with our spending insights.
Earn high interest
Boost your savings!
With your free KOHO account, you can earn up to 4.5% interest** on both your spending and savings account.
No minimum balance required. No delays and no need to make an appointment. Your funds are securely held with a variety of financial institutions, and all interest-bearing deposits are eligible for CDIC protection. Check out how to set up direct deposit with KOHO.
Unlock all the perks by being a KOHO Extra member!
Earn higher cash back and saving interest. Enjoy $0 FX fees on all international transactions. Plus, one free international ATM withdrawal per month. Priority user support. You can work anywhere at ease and have no need to worry about your finance.
KOHO is the only account with truly no monthly fees, no interest charges, no e-Transfer fees, and no NSF fees.
Get unlimited cash back! You can earn up to an extra 6% cashback at select merchants.
With KOHO Extra, you get unlimited instant cash back from all purchases. 2% on Groceries, Eating & Drinking, and Transportation. 0.5% cash back on other categories.
Save and Earn
Have our app RoundUp your spare change and stash it away! Reach your goals faster with automated savings. Lock your card in-app, securely shop online, and rest assured your money is protected with top-tier security. It’s no wonder why KOHO is trusted by over a million Canadians.
Budgeting and Planning
Automate your savings goals and bill payments whether it’s small expenses or your future savings. We’ve also made it easier to help you save as you spend by allowing you to choose to round up purchases to the nearest $1, $2, $5, or $10. You can also get balance updates after each purchase and spending insights to help you to stay on track.Get StartedOpen Account