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Extra

Earn extra on your spending and savings

The plan that makes your money go even further with cash back on every purchase and high interest savings for just $9 per month.

Get Extra
Earn extra from your spending and savings

Earn 5% interest on your entire balance

Get cash back every time you tap

Build your credit history for 30% less

Earn 5% interest on your entire balance

Get cash back every time you tap

Build your credit history for 30% less

Earn interest, get cash back, all on one app
Earn interest, get cash back, all on one app

Choose Extra if you like the sound of:

1.5% cash back on groceries, eating & drinking, and transportation

0.25% cash back on all other purchases

5% interest on your entire balance

No FX fees

Credit Building for $7 / month instead of $10

reloadable prepaid KOHO Mastercard

Free Credit Score

Instant e-Transfers

Unlimited Transactions

Up to 5% extra cash back at selected merchants

Up to $100K of your money earning interest is protected by CDIC

Don’t just take our word for it

Perfect Mobile Store Rating

Convenient & nice rewards! Superb for managing tight budgets in our current environment!

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Perfect Mobile Store Rating

Awesome, easy to use service! There are lots of great incentives.

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Perfect Mobile Store Rating

Saving made easy

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Perfect Mobile Store Rating

Convenient & nice rewards! Superb for managing tight budgets in our current environment!

Google Play Logo
Perfect Mobile Store Rating

Awesome, easy to use service! There are lots of great incentives.

Google Play Logo
Perfect Mobile Store Rating

Saving made easy

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With every plan you can:

Shop securely online with a virtual card

Build your credit history with Credit Building

Save on the app with features like RoundUps, Savings Goals and, Vaults

KOHO’s easy-to-use mobile app with virtual card

Pick a plan and try it with no cost

All KOHO plans come with a free 30 day trial so you can see if it suits you.

Essential

Earn more on the essentials your wallet cares about.

Starting from*

$4 $0/month

Try Essential, free

  • 1% cash back on groceries, transportation, food, and drink

  • 5% interest on your entire balance

  • Earn Essential for $0 when you set up Direct Deposit or load $1000 per month

  • Free Credit Score

Best deal

Extra

Earn extra on your spending and savings.

Starting from*

$9/month

Try Extra, free

  • 1.5% cash back on groceries, transportation, food, and drink

  • 5% interest on your entire balance

  • 30% off Credit Building

  • Free Credit Score

  • No foreign transaction fees

  • Instant e-Transfers

Most popular

Logo Everything

Supercharge everything in your KOHO account.

Starting from*

$19/month

Try Everything, free

  • 2% cash back on groceries, transportation, food, and drink

  • 5% interest on your entire balance

  • 50% off Credit Building

  • Free Credit Score

  • No foreign transaction fees

  • Instant e-Transfers

Essential

Earn more on the essentials your wallet cares about.

Starting from*

$4 $0/month

Try Essential, free

  • 1% cash back on groceries, transportation, food, and drink

  • 5% interest on your entire balance

  • Earn Essential for $0 when you set up Direct Deposit or load $1000 per month

  • Free Credit Score

Best deal

Extra

Earn extra on your spending and savings.

Starting from*

$9/month

Try Extra, free

  • 1.5% cash back on groceries, transportation, food, and drink

  • 5% interest on your entire balance

  • 30% off Credit Building

  • Free Credit Score

  • No foreign transaction fees

  • Instant e-Transfers

Most popular

Logo Everything

Supercharge everything in your KOHO account.

Starting from*

$19/month

Try Everything, free

  • 2% cash back on groceries, transportation, food, and drink

  • 5% interest on your entire balance

  • 50% off Credit Building

  • Free Credit Score

  • No foreign transaction fees

  • Instant e-Transfers

Signing up is simple

We’re talking five minutes, zero credit checks.

Get Extra

Questions?

The Canada Deposit Insurance Corporation, or CDIC, is a Crown Corporation that provides deposit insurance to banks and financial institutions like KOHO. It insures Canadians' deposits, held up to C$100,000, in case of a bank failure. Once you opt-in to earn interest, you can rest assured your money is safe with us.

The Credit Building feature is available as an add-on across all plans — on the Extra plan you can sign up for an extra $7 instead of the usual $10. You simply take out a line of credit with KOHO and on time repayments build your credit history which can build your credit score.

Cash back on transportation includes things like your transit card top-up, train or bus ticket, gas purchases, Ubers or Lyfts, and more. It’s worth noting, a flight purchase doesn’t qualify as transportation as it’s typically categorized as travel.

You sure can. If you want to switch to another plan you can do it at the end of your next billing cycle in the app. You can find a bit more on this here.

Once you sign up for Extra you’ll need to opt in on the Interest page in-app to start earning on everything in your spending and savings account. 5% is an annual rate that’s calculated daily and paid out monthly to maximize your earnings. Once you choose to opt in, you’ll start earning right away.

No you don’t need to worry about any additional fees. The Extra plan is $84 annual or $9/month with a 30 day free trial. No more, no less, and no hidden fees. But it’s worth keeping in mind that there is a daily maximum amount of $3000 on outbound e-Transfers. Take a peek at this article if you’d like more info.