KOHO: Award-winning Money App

4.6
65.9K reviews
1M+
Downloads
Content rating
Everyone
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About this app

Discover a smarter way to manage money with KOHO

Join over 1 million Canadians who trust KOHO, the modern, full-service spending and savings account with no hidden fees, instant cash back on your must-haves, and interest on your entire balance. Whatever your financial needs, the KOHO app is catered to you with a range of tailored plans. Say goodbye to the hassle of budgeting and enjoy a seamless, user-friendly experience with the reloadable prepaid Mastercard that helps you spend wisely and save effortlessly.

PERSONALIZED PLANS FOR EVERYONE
KOHO has curated four different plans to suit any sort of spending and saving, for ultimate flexibility and freedom with your money. Boost your cash back rewards, jumpstart your credit building journey, or earn more interest with KOHO plans - Easy, Essential, Extra, and Everything.

EARN MORE, SPEND LESS
KOHO’s awesome cash back benefits mean you’ll be rewarded for everyday spending. Our standard Easy account offers 1% cash back on groceries, and transportation, and up to 5% back with our cash back partners. Or why not level up to the Everything plan and get 0.5% cash back on all purchases plus 2% back on groceries, food, drink, and transportation.

GOODBYE, UNNECESSARY FEES
With KOHO, you'll never have to worry about e-Transfer, ATM withdrawal, or hidden charges. We’re here to save you money — no more worrying about hefty bank fees.

BUILD YOUR CREDIT HISTORY
KOHO's Credit Building program helps you improve your credit history with minimal effort. Simply secure a line of credit, make timely repayments, and watch your credit history flourish and say hello to a brighter financial future.

EARN INTEREST ON EVERYTHING
Maximize your earnings with a 5% HISA. Watch your money grow and master your savings goals. Reliable, steady growth designed to meet savings goals.

START SPENDING IN MINUTES
Sign up quickly and receive a virtual card instantly. Use the app to pay bills, send Interac e-Transfers, create savings goals, and chat with the KOHO team for support or suggestions. No time like the present, right?

REFER & EARN
Share the love and earn $20 for each friend you refer to KOHO – they'll also get a $20 bonus to kickstart their financial journey!

PEACE OF MIND GUARANTEED
Partnering with Mastercard means your money is held securely. Protect yourself further by locking your card in-app and enjoy our Zero Liability policy for unauthorized use.

As featured in NASDAQ, Bloomberg, The Globe and Mail, CBC, Toronto Life, Yahoo Finance, and Financial Post.

KOHO is a fintech company, not a bank. We partner with a variety of banks to deliver an outstanding financial product.

*Interest rates are per year, calculated daily, paid monthly, and can change at any time without notice. Try KOHO today and unlock your full financial potential!

KOHO
601 West Broadway, Suite 400, Vancouver BC, V5Z 4C2
Updated on
Mar 22, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Device or other IDs
This app may collect these data types
Location, Personal info and 6 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

4.6
64.2K reviews
Rumer Baxter
March 15, 2024
I'm really impressed with Koho. It has all the features I have been looking for: round up saving options, credit building, high interest for just having your money with them, and rebates for shopping at certain businesses. I heard they are becoming an official bank. If this is true, I'm going to have to fully move over to them. I really love that there are no hidden fees, and I can do as many transactions without them charging me extra. I pay for one plan.
22 people found this review helpful
KOHO Financial
March 15, 2024
Thank you so much for your kind words, Rumer! We're thrilled to hear that you're enjoying the features we offer, and we're excited for you to potentially become a part of our community once we become an official bank. We truly appreciate your support and are always here to provide you with a seamless banking experience with no hidden fees.
Michelle McCuaig
March 18, 2024
I've been using KOHO for about months. They offer alot for people with bad credit. Such as, a utilization, which is similar to an advace, or small loan. As well as a cover, similar to an overdraft. Saves my butt a few times. And when payed back on time, builds your credit. They also give you great savings options. Ive had no issues. The only things I hope they can add, is the option to deposit checks on the app, and an option to do installment loans. I would and have, recommended KOHO.
12 people found this review helpful
KOHO Financial
March 18, 2024
Thank you for sharing your positive experience with us! We're thrilled to hear that KOHO has been able to help you in various ways. We appreciate your feedback and will definitely consider your suggestions for improvements in the future.
Vernon Lariviere
March 4, 2024
Not what I was expecting. It worked on Substack but I can't use the card to pay for Twitter Premium, Steam or Google Play. Just hoping my Amazon order goes through. Update: I was told that verification was needed to be able use it at more places. When I first signed up it sounded like verification was only needed to receive money. Now it works as intended.
30 people found this review helpful

What's new

Earn up to 50% cash back: shop at a selection of 1000+ brands with various cash back deals from your KOHO app.