Editor Reviews

KOHO is an awesome financial app designed for Canadians to excel in managing their finances. With more than a million satisfied users, our platform offers a comprehensive spending and savings account, free from hidden charges. Enjoy instant rewards on practical purchases, and benefit from interest on your entire account balance. Simplify your financial life with our intuitive prepaid Mastercard, eliminating the hassle of budgeting.

KOHO offers personalized financial plans specifically designed to cater to your money requirements. With four choices - Simple, Basic, Enhanced, and Comprehensive - you can select based on your spending and saving habits. Each plan comes equipped with attractive benefits like enhanced cashback rewards, credit-building opportunities, and competitive interest rates. Regardless of whether you're focused on growing your savings or saving for the future, KOHO ensures you find the perfect fit for your financial goals.

One of the fantastic aspects of using KOHO is that you can avoid dealing with frustrating fees, such as e-Transfer charges, ATM withdrawals fees, or hidden costs. KOHO aims to simplify your banking experience by providing a fee-free and completely transparent service. Additionally, they support your financial goals with their Credit Building program, which effortlessly helps enhance your credit score. Simply by obtaining a line of credit and consistently making timely payments, you'll observe your credit profile flourish effortlessly.

KOHO distinguishes itself as an unconventional banking alternative. They provide exceptionally competitive interest rates on both transactional and savings accounts, allowing you to earn as high as 4.25% on your entire balance. The best part is that there are no pesky fees, minimum balance requirements, or hidden promotional offers; it's a seamless way to boost your savings effortlessly. This simplicity and generosity sets KOHO apart from traditional banks.

Features

Quickly save and boost your earnings with impressive interest rates of up to 4.25% on all your deposited funds!