Sign up with KOHO and get a $20 Bonus

Use the referral code “KOHOBONUS” when you sign up and fund your account and get a $20 bonus!

ABOUT

A better way to manage your money

KOHO is a free spending and savings account where you can get instant cash back and earn interest on your entire account. You get a prepaid reloadable Mastercard that gives you all the spending power of a credit card without any fees or interest.

Spend

Earn cash back and interest on your balance. Making the most of your money with no monthly fees

Save

Earn up to 5% interest and up to 5% cash back. Simply pick a plan, opt-in to Earn Interest, and start earning straight away with a KOHO account.

Build

No credit? No problem. Start building your credit history with the KOHO Credit building. flexible, customizable, and secure.

About KOHO

KOHO is a Fintech company on a mission to make financial products that are transparent and intuitive.

KOHO offers a full-service spending and savings account with no hidden fees that gives cash back on every purchase, and an integrated app that helps users spend smart and save more.

KOHO is a Fintech company, not a bank. KOHO partners with a variety of banks and federally regulated financial institutions to deliver our products.

Get a $20 Referral Bonus with KOHO

When you sign up with KOHO and make a purchase, KOHO with give you a $20 bonus. Make sure to use the referral code “KOHOBONUS” or click the “Get Started” button.

Get Started

Invest in knowledge

Everything you need
in one package

KOHO Benefits

No annual fees
Earn up to 5% interest on your entire balance
Automated savings goals
Earn up to 5% cash back on purchases with select merchants
Unlimited free Interac e-Transfers
Real-time spending and balance updates
Apple Pay and Google Pay supported
Get $20 in cash back with KOHOBONUS referral code

Join Now

Get money back on your spending

KOHO give you up to 5% instant cash back on your spending. Plus you can earn even more with their cash back partners.

Common Questions

When you sign up, you can use the KOHO referral code “KOHOBONUS”. Or alternatively you can use one of the sign up links on this page. The current promotion is a $20 bonus.

No. KOHO does not affect your credit score. There is only a soft check to verify your identity. They do however offer a credit building service to help you build credit.

No. KOHO Prepaid Mastercard has no annual fees. However, there are fees for international purchases, card replacements and international ATM withdrawals. As well as some of the supplementary subscription services and plans that they offer.

Yes! KOHO has partnered with Peoples Trust They are a federally regulated bank. This means that if anything were to happen, your money would be safe and you’d be able to access it through Peoples Trust.

Your KOHO card is also covered under Mastercard’s Zero Liability policy. This means that you’re fully protected from unauthorized use of your card or account information.

Also, if you place your money in interest-bearing accounts, not only will you get a high interest rate, but your funds will also be eligible for CDIC insurance.

Nope! You can make their first purchase online or in-person using their physical or virtual card. No need to wait for your card in the mail. Start spending as soon as you are approved. And if you used our referral, your $20 bonus will be applied shortly after.

No hidden fees, and no surprises

With no fees, no interest, and no sign up charges, having a KOHO Mastercard is a cost effective way for Canadians to own a prepaid credit card.