KOHO Extra

Earn $40 when you sign up with the code BORROWELL40 and make your first purchase*

KOHO offers a spending account with a reloadable prepaid Mastercard^®. Once you add funds to your account, you're ready to spend anywhere Mastercard^® is accepted and earn cash back on every purchase.

With $9/month (or $84/year), upgrade to KOHO Extra and earn unlimited instant cash back on all your purchases. Plus, $0 foreign exchange fee/e-transfer fee/credit card surcharge fee/ATM fee/NSF fee.

Key highlights

• Unlimited instant cashback - 1.5% cash back on groceries, transportation, eating & drinking, and 0.25% cash back on all purchases. Plus, up to 50% extra cash back with select partners.
• Earn 2.5% savings interest on your entire balance. No minimum deposit is required. Users can access and use their savings at any time. Interest is paid monthly.
• Build your credit history with a 6-month Credit Builder program at only $7/month and earn cashback with KOHO's Credit Building and pre-paid Credit Card
• Get access to a cash advance of up to $250 at 0% interest with Cover.
• $0 Foreign Exchange fee - Shop freely without worrying about foreign exchange fees with an additional 1 free international ATM withdrawal per month.