What is the Cover Bundle?

Want some quick cash, but also want to avoid ending up in the same spot again? The Cover bundle can get you there. Get interest-free cash advances up to $500, your free Credit Report, priority support, and Financial Coaching. Plans start at just $2/month.

Get the bundle

Cash Advance Up To $500

Guaranteed Approval

Financial Coaching & Free Credit Report

Priority Support

A bundle of value

With the Cover bundle, you get a lot more than cash. Here’s what’s included and how it helps you now and can help you down the road.

One monthly fee. Zero interest.

Get interest-free cash advances up to $500, your free Credit Report, fast lane support, and Financial Coaching. Plans start at just $2/month—subscribe today and access your cash advance immediately in-app

Cash Advance

Get instant access to up to $500 for unexpected bills, making it to your next paycheque, or anything else you didn’t see coming

Financial Coaching

Receive personalized guidance from our certified financial coaches at no added cost, valued at more than $80 per session. Getting help is as simple as asking a question in-app and adding #coach to your message. Whether it’s budgeting, managing debt, or learning how to save, they’re ready to help you make money progress

Credit Report*

We’ve partnered with Equifax to let you know where you stand with regular credit report monitoring through the Cover bundle. Once you’ve subscribed, simply find the Credit Report icon in the Discover page in-app. You’ll see your most recent credit score and credit report

Priority Support

Cover bundle subscribers get priority customer service 24/7. You’re guaranteed faster support. Something urgent? We’ll escalate your issue to get it resolved faster

Get cash, credit report, and coaching

Subscribe to the Cover bundle today.

FAQFrequently Asked Questions

A cash advance gives you instant access to funds to cover emergency expenses, or unexpected purchases, like a car repair, or a pet emergency. Typically, you need to repay the funds by a set date. Most cash advances charge interest, but with Cover, you’ll never have to pay interest*.

*Access to the Cover cash advance is subject to a subscription to the paid Cover bundle

Everyone! All users who sign up for the Cover bundle will get instant access to funds! You also get a free credit report, financial coaching, and fast lane support. Over time, you can unlock a higher limit bundle. While our system automatically determines your eligibility, you can help your chances of an increase by regularly using your KOHO Spendable account and paying your monthly fees on time.

After you sign up for the Cover bundle, we’ll add the cash advance that you selected straight into your KOHO account to use right away. Your Cover balance is displayed separately from the other money in your account.

Our Financial Coach can help you with advice and guidance on a variety of topics. Here are some examples:

Financial Guidance

Debt Management: Strategies and advice on managing and reducing debt
Budgeting and Savings: Tips and plans for effective budgeting and saving money
Understanding and Improving Credit Reports and Scores: Guidance on how to read credit reports and improve credit scores
Planning for Future Purchases: Advice on financial planning for significant purchases, such as buying a home

Educational Support

Building Credit History: Information on how to build and maintain good credit
Types of Financial Accounts: Explanation of different financial accounts, including chequing, savings, and secured lines of credit
KOHO vs. Traditional Financial Products: Understanding how KOHO's offerings differ from traditional financial products
Credit Cards: Key aspects of credit cards, including annual fees, interest rates, and cash-back options
Avoiding Credit Card Interest: Tips on how to avoid paying interest on credit card balances
Credit System: How the credit system works and its impact on various applications, such as renting or applying for credit cards
Credit Bureaus: Information on the two different credit bureaus in Canada and the types of accounts reported to them

Your Credit Report shows your borrowing and payment history, giving you a daily look at how you’re doing and what you could do to improve your score. Your credit report is updated monthly and reflects the most current information on your credit history.

With KOHO, you can access your credit report at no added cost by subscribing to the Cover bundle, Credit Building, or the Everything plan.

Signing up to the Cover bundle gets you fast lane support, and you chat with our friendly team in 2 ways. In the app: sign into KOHO, go to your profile section, then head to Support. On our website: sign into your account on web.koho.ca and then go to Get Help.

Still have questions?

Can't find the answer you're looking for? Please chat to our friendly team.Visit our FAQs

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*The credit score and information provided is for educational purposes only. Lenders and other commercial users may use a different type of credit score and information when making credit decisions.