The smart way to spend, save, and borrow
Earn Cash Back, grow your savings, and build your credit—all in one place.
Featured in 150+ leading institutions
$167M
Interest and Cash Back earned by KOHO members
2.5M+
Canadians getting ahead with KOHO
4.8/5
Rating from 82K+ reviews. Canada's favourite money app.
I'm really impressed with KOHO. It has all the features I have been looking for.
Rumer
Make every dollar work for you
Grow your savings
Earn up to 3.5% on every dollar in your account¹. No minimum balances. No caps.
Grow your savings
Earn up to 3.5% on every dollar in your account¹. No minimum balances. No caps.
Unlimited Cash Back
Earn up to 2% on every purchase² with your prepaid KOHO Mastercard®.
Unlimited Cash Back
Earn up to 2% on every purchase² with your prepaid KOHO Mastercard®.
Get a cash advance in minutes
Instantly access up to $500 interest-free with no approvals required³.
Get a cash advance in minutes
Instantly access up to $500 interest-free with no approvals required³.
Guaranteed approval to build credit
KOHO members see an average increase of +93 points using our interest-free Credit Building tools⁴. No deposit. No credit check. Just tools that work.
Guaranteed approval to build credit
KOHO members see an average increase of +93 points using our interest-free Credit Building tools⁴. No deposit. No credit check. Just tools that work.
Earning your trust by earning you more
See why millions of Canadians use our money-saving app every day.
The self-taught credit queen
SIMPLE. SAFE. SECURE.
Up to $100K eligible for protection by CDIC⁵
Lock your card in the app if lost or stolen
Mastercard Zero Liability Protection
Cybersecurity protection, 24/7 monitoring
FAQFrequently Asked Questions
KOHO is a financial app with a prepaid Mastercard® that helps you spend smarter, save with market-leading interest, build credit, and get a cash advance when you need it. Think of it like a chequing account with extra helpful tools.
You can earn up to 2% Cash Back on everyday spending categories like groceries, transportation, and food & drink. Your rate depends on the plan you choose.
With KOHO, you can earn up to 3.5% interest on your entire balance. No caps and no minimum balance required. Your rate will depend on the plan you decide to use.
Every KOHO plan comes with a free 30-day trial. Our plans are: Core for $0/month, Extra for $12/month and Everything for $14.75/month.
Yes! Our Credit Building tools make it easy to build your credit history with affordable, interest-free monthly payments. You can even get a discount on using the tool depending on your plan.
Yes, we have both! You can get an interest-free cash advance of up to $500 with our Cover bundle for as little as $2/month. If you’re eligible for Pay Later, you can split larger purchases into monthly payments.
Yes. When you opt in to Earn Interest, up to $100,000 of your money is eligible for CDIC protection⁴. And to keep all of your information safe, KOHO uses 256-bit encryption and top-tier cybersecurity protection with 24/7 security monitoring. Plus, you get Mastercard Zero Liability Protection and you can always lock your card in the app if it gets lost or stolen.
You get instant approval to use your virtual card, so you can start spending and earning Cash Back right away.
Yes! You can send and receive Interac® e-Transfers from your account. As soon as you sign up, you can add your virtual KOHO card to your phone’s digital wallet. We even have a library of virtual card designs so you can customize your look.
Yes, you can handle all of your everyday financial responsibilities, spending, and saving with KOHO. Split bills in seconds, pay rent and bills, and get essential services like an eSIM and more—all from the app.
