A brand new period of banking. Say hello to monetary stability and goodbye to charge card interest and astonishing bank costs.

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

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 when you invest and conserve, all within one spot. Earn money straight right back on every purchase and a competitive interest regarding the entire damn stability.

Save. Invest. Budget.

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

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

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

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

Slice the bank charges.
Boost your cost savings.



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 really is that produces you pleased.

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

Track your investing practices and policy for every thing life tosses at you. Understand in which you’re at in realtime with instant notifications every right time you may spend.

Personalize your KOHO account


A merchant account only for you.


Combined funds for 2.


A card that is 16g any account.


The ultimate cash return card

4.8 celebrity score

Pretty good for a monetary item. Join over 175,000 Canadians making use of KOHO.


Precisely what is KOHO?

KOHO is really a bit like a chequing account, utilizing the perks of a charge card.

Exactly like an account that is chequing you can easily place money in to your KOHO account then invest that money however the thing is that fit. And like a charge card, you’ll get cashback along with other perks, plus you should use your card anywhere Visa is accepted.

The important thing huge difference is that unlike a charge card, it is currently your cash, which helps make you may spend more mindfully and conserve more. In reality, the normal KOHO individual saves 7% of whatever cash they load to their account.

So how exactly does KOHO work?

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

Then, you utilize your KOHO card, either in person or online, to help make acquisitions, exactly like you would with debit or credit.

The card is really a prepaid Visa, and then we run using the Visa community, therefore for merchants your card functions similar to a normal charge card deal.

Okay, where does KOHO put my cash?

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

The thing that makes KOHO diverse from a debit account that is regular?

The huge difference is that we’re digital first.

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

And, you receive cashback (PowerUps) on all your valuable acquisitions. Having a regular koho account, you get 0.5% cashback on every purchase. With KOHO Premium, you make an additional 1.5percent on 3 major groups.

Additionally, our software is pretty awesome.

Therefore, what makes the application awesome?

We’ve put when you look at the research time and energy to allow it to be dead easy to utilize, and there are numerous integral techniques to take full advantage of your cash.

We tweak and enhance our application to be able to launch updates every three months. Which, become frank, just isn’t thing many banking institutions can state. Many banking institutions often to produce new form of their apps one per year.

Do we nevertheless require a bank that is regular if We have KOHO?

Truthfully? Probably, yes – you could make use of KOHO for some of your day-to-day requirements and get other bank as 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 cover your bills from your own KOHO account. You could deliver limitless e-Transfers that are free and, needless to say, utilize the card anywhere Visa is accepted. And you will deposit e-Transfers off their KOHO users immediately.

If you wish to compose cheques, or enjoy e-Transfers from non-KOHO records, you’ll still desire a bank that is regular for all functions.

Just how do many people use KOHO?

Many people start off 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 savings. The guilt-free spendable, 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 budget that is specific might.

It is just like effortless as reaching for a charge card, however it won’t cost 20% to fund your daily life and you know you’re staying within your means since it’s already your money.