Canada’s most powerful all-inclusive account

The Everything plan gives you the best of, well, everything in the KOHO app. You get our highest interest and cash back rates, no foreign transaction fees, 50% off Credit Building, and access to unique features. If you want to grow your savings and earn more with every purchase, the Everything plan is right for you.

The main difference is that with the Essential plan, the interest and Cash Back rates are lower. Plus, you will get foreign transaction fees and you won’t get a discount on Credit Building. The Essential plan is still a great everyday spending account, and the perfect way to give KOHO a try. You can even get the Essential plan for $0/month by setting up direct deposit or adding $1,000 each month.

You can easily add money to your KOHO account through eTransfer, direct deposit, debit card load, or cash deposit. Get the details on each method here.

Unlimited! Spend, send, and save as much as you want.

Nope! You can keep as much or as little money as you like in your account. With the Everything plan, there is no minimum balance.

Scroll back up the page to see how each plan compares, or take a look at this detailed chart.

KOHO Credit Building is a feature that helps you build or rebuild your credit history through a secure line of credit that reports your payment activity to Equifax and TransUnion®. A line of credit is a set amount of money you can borrow from and repay over time. In this case, it's a $225 credit that helps build your credit history. Learn more about Credit Building.

As quickly as you can open an account, opt in to Earn Interest, and deposit money. We hope you have fast tappin’ fingers. Interest is calculated daily and paid monthly, deposited directly into your KOHO account on the 1st of each month. Depending on your time zone, the interest may appear in your account either on the last day of the month or the first day of the following month. For example, your October interest might be deposited on either October 31st or November 1st.

Of course! KOHO is all about giving you options to find the plan that’s right for you. Here’s how you can switch:

From the KOHO app:

• In-app > click on My Plan > scroll down and select Change my plan.
• On the Manage Plan page, select Change and choose your preferred KOHO plan.

From the web portal:

• Login via web.koho.ca/login and select My Plan > Manage my plan.
• On the Manage my plan page, choose your preferred KOHO plan and select Change my plan.

You can get a Metal Card by signing up for the yearly Everything plan, or with a one-time purchase of $150. Once ordered, your card will be shipped via express delivery and should arrive within 3-5 business days.