A brand new age of banking. Say hello to financial balance and goodbye to bank card interest and astonishing bank costs.

A brand new age of banking. Say hello to financial balance and goodbye to bank card interest and astonishing bank costs.

Say hello to monetary stability and goodbye to charge card interest and astonishing bank costs.

Funds held firmly

A era that is new of

Funds held firmly

Early Payroll

Your hard earned money, quicker and free. No credit checks, no interest, no costs.


Make whenever you invest and conserve, all in one single spot. Earn money right right back on every purchase and a competitive interest in the entire balance that is damn.

Save. Invest. Budget.

KOHO is just a free account that is chequing makes it simple to feel good about saving and investing.

Your application and prepaid Visa card interact in order to make day-to-day banking smart and stress-free.

KOHO is a free account that is chequing makes it simple to feel good about saving and investing.

Your application and prepaid Visa card come together to create banking that is day-to-day and stress-free.

Slice the bank charges.
Boost your cost savings.


Spending Plan

Automate goals and RoundUps to your savings. Rounding up every purchase enables you to stash away some savings, while objectives help you conserve for whatever it’s which makes you pleased.

Get immediate 0.5% cash return on every purchase, or 2% on 3 categories that are major KOHO Premium. Plus, have more money back with your Partner Partner Powerups.

Track your spending practices and policy for every thing life tosses at you. Understand where you are at in realtime with instant notifications every time you may spend.

Modify your KOHO account


A merchant account only for you.


Combined funds for just two.


A 16g card for any account.


The cash that is ultimate card

4.8 celebrity score

Pretty good for the product that is financial. Join over 175,000 Canadians using KOHO.


Precisely what is KOHO?

KOHO is a little just like a chequing account, using the perks of credit cards.

The same as a chequing account, you can easily place money in to your KOHO account after which spend that money however you see fit. And like a credit card, you’ll get cashback as well as other perks, plus you should use your card anywhere Visa is accepted.

One of the keys distinction is that unlike a charge card, it is currently your hard earned money, which helps make you may spend more mindfully and conserve more. In reality, the normal KOHO individual saves 7% of whatever money they load within their account.

So how exactly does KOHO work?

It’s pretty easy: you add funds to your KOHO account either through e- moving from your own regular bank-account or by getting your work’s payroll deposit your paycheque straight (Direct Deposit).

Then, you use your KOHO card, either in person or online, to produce acquisitions, like everyone else would with credit or debit.

The card is really a prepaid Visa, and now we operate on the Visa system, therefore for merchants your card functions exactly like a normal charge card transaction.

Okay, so how does KOHO put my cash?

We’ve partnered with Peoples Trust, a federally regulated and bank that is CDIC-insured hold anything you load on your KOHO card. This means if anything had been to occur to us, your hard earned money could be safe and you’d be able to get access to it through Peoples Trust.

Why is KOHO distinct from a debit account that is regular?

The difference is that we’re digital first.

Our costs are low and now we prioritize making our users feel empowered about their economic choices over such things as offline bank branches and corner that is street (though KOHO works at any ol’ ATM, so we won’t ask you for for making use of one).

And, you can get cashback (PowerUps) on all your valuable acquisitions. By having A koho that is regular account you make 0.5% cashback on every purchase. With KOHO Premium, you make a supplementary 1.5percent on 3 categories that are major.

Additionally, our software is pretty awesome.

Therefore, why is the application awesome?

We’ve put into the research time for you to allow it to be dead easy to make use of, and there are numerous integral methods to take full advantage of your hard earned money.

We tweak and enhance our software to be able to launch updates every three months. Which, to be frank, just isn’t a plain thing many banks can state. Many banking institutions often to push out a brand new form of their apps one per year.

Do we still need a normal bank-account if i’ve KOHO?

Actually? Probably, yes – you could make use of KOHO for some of your day-to-day requirements and get other bank as straight back up.

You never need to write paper cheques, you can use KOHO for all your chequing account needs if you’re down to have your paycheque deposited directly and.

It’s super simple to pay for your bills from your own KOHO account. You may also deliver limitless e-Transfers that are free and, needless to say, utilize the card anywhere Visa is accepted. And you will deposit thaifriendly e-Transfers off their KOHO users immediately.

If you wish to compose cheques, or receive e-Transfers from non-KOHO records, you’ll still require a bank that is regular for those of you functions.

Just how do a lot of people use KOHO?

A lot of people begin making use of KOHO for the enjoyment type of spending – loading their account with what’s left over after accounting for standard costs and cost cost savings. The spendable that is guilt-free in the event that you will.

Some fiscal experts suggest around 30percent of each and every paycheque is going toward guilt-free investing, however your particular spending plan might differ.

It is in the same way effortless as reaching for a charge card, nonetheless it won’t run you 20% to invest in yourself and you know you’re staying within your means since it’s already your money.