Guaranteed approval to build your credit

Name: KOHO Credit Building
Brand: KOHO
Price: 10.00 CAD
Availability: InStock
Rating: 4.9 (409043 reviews)

No interest. No credit checks.

Build Credit Quickly

+2.8M

The total credit score point increase seen by 150K users in the past 12 months¹

+74 points

Average credit score increase seen using our credit building tools²

400K+

Canadians have built credit with us

0%

The Interest you get charged

What is Credit Building?

Credit building programs help build your credit history by proving you’re consistent with money. KOHO’s Credit Building tool does that without the compounding debt that can come with traditional credit cards or lenders.

Build more with KOHO Credit Building

Our tools let you work on every factor that impacts your credit score.

Credit Building

Make monthly interest-free payments on a line of credit to show your consistency.

Payment History

How consistently you make on‑time payments.

Utilization Rate

The percentage of available credit you’re using.

Credit Age

How long you’ve been using credit. The longer, the better.

Credit Mix

The different types of credit accounts you have. A wider variety can show more responsibility.

Payment History

How consistently you make on‑time payments.

Utilization Rate

The percentage of available credit you’re using.

Credit Age

How long you’ve been using credit. The longer, the better.

Credit Mix

The different types of credit accounts you have. A wider variety can show more responsibility.

Why Build Your Credit?

Stronger credit can mean better rates on loans.

Qualify for cards with lower interest, fewer fees, and better perks.

Build credit history and get access to financial opportunities that used to be out of reach.

Build your credit and your confidence

Take the next step towards hitting your financial goals.

The perfect plan for your needs	Essential $0/mo* Over $100/year in value** Get rewarded on everyday spending with Cash Back on the essentialsStart with Essential	Extra $12/mo Over $200/year in value** Get extra perks, extra cash back, and extra savingsSave now with Extra	Everything $14.75/mo Over $500/year in value** Get more than your money’s worth and earn the most rewards on KOHOEarn more with Everything
Benefits
Unlimited Cash Back on groceries, transportation, food & drinks	1%	1.5%	2%
Earn interest	2%	2.5%	3.5%
Free Credit Score
Crypto trading fees	0.5%	0.5%	0.5%
Instant e-Transfers
No Foreign Transaction Fees	-
Discount on Credit Building	-	30%	50%
Phone support

^{*Get Essential for free! Learn more
**This is an estimate. Actual savings may vary depending on individual spending habits and service usage}

Getting Started is Easy

Step 1

Download the KOHO app and sign up

Build your credit history

Getting Started is Easy

Step 2

Pick a plan and save up to 50% off Credit Building

Build your credit history

Getting Started is Easy

Step 3

Follow the steps to start building

Build your credit history

READY TO START BUILDING?

Join over 400,000 Canadians who have used KOHO to strengthen their credit history.

Sign up for KOHO

The reviews speak for themselves

We’ve earned the trust of more than 2 million Canadians using KOHO—not to mention their praise.

4.8 App Store Rating

2.5M+ Happy Customers

#1 Rated Canadian Financial App

Read our reviews

FAQS

KOHO gives you an affordable way to make or build your credit history in Canada. There are no deposits, hard credit checks, or applications. And you’re guaranteed approval. Head to your KOHO app and click Credit > Register to get going.

Build credit smartly with KOHO's Credit Building program. Get a dedicated tradeline with no interest. Simply make monthly payments on time to establish credit history that may improve your score. Plus, gain access to our in-house Financial Coach.

Credit builders offer a relatively safer way to build credit as unlike traditional credit products, you don't have to withdraw and use the money to build credit—eliminating the risk of falling into a debt cycle. Instead, consistent monthly payments are reported to credit bureaus, helping you gradually build credit history—without the financial risks that come with traditional credit cards or lenders.

Not at all! A credit builder line of credit is designed to be easy to access. Since there’s no hard credit check, it’s a simple, stress-free way to build your credit history.

They help build your credit history. When you make your payments on time, it shows up as positive payment history - one of the biggest factors in your credit scores.

Credit cards can help, but they often come with high interest rates. KOHO’s Credit Building is a safe and interest-free alternative.

The main difference is that secured lines of credit need collateral—something valuable you own that the lender can take if you don't pay. Unsecured lines don't need collateral, but they usually have higher interest rates and are harder to get.

Not at all! There's no need to withdraw funds. Simply set your utilization rate (we suggest keeping it under 10%) at the start of each billing cycle. However, you'll have access to the funds whenever you need them. They provide a safety net for unexpected situations.

You’ll receive regular updates through KOHO and can monitor your credit report directly in the app.

You know how making payments on time can positively impact your credit? Well the opposite is true too, missing or late payments could hurt your scores. This is why we do not recommend withdrawing from the line of credit. We are invested in your success.

Yes! Thousands of Canadians have used KOHO’s Credit Building to grow their credit histories safely and securely²

KOHO's Credit Building tool retrieves your score directly from our trusted partner Equifax, which is one of the major credit reporting bureaus in Canada. Please note that your scores might vary from what you see on other reporting services. This difference can happen because Canada has two major credit bureaus. Each has its own criteria for scoring your credit. You can reach out to Equifax directly by giving them a call at 1-800-465-7166, or you can also log into your account on Equifax's website (https://www.consumer.equifax.ca/personal/)

The minimum credit scores you need to buy a home depends on which lender you get your mortgage with. In general, you’ll want scores of at least 620 to get a mortgage with a traditional lender (like a bank). This is according to Loans Canada. The better your credit scores, the more likely you are to get a low-interest rate.

You’ll want credit scores in the mid-600s to qualify to buy a car, according to Borrowell. You might qualify for a car loan with lower scores. But, like for buying a home, the higher your credit scores, the better your chances of getting a good car loan rate.

Reach out to our customer support team and write in #coach before writing in your question.

Still have questions?

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

Guaranteed approval to build your credit

+2.8M

+74 points

400K+

0%

What is Credit Building?

Build more with KOHO Credit Building

Why Build Your Credit?

Lower interest rates

Better credit card options

More doors opened

Lower interest rates

Better credit card options

More doors opened

Build your credit and your confidence