
Back to learn
How does KOHO make money?
Rounding it up
Many financial institutions make profit in three ways: interest on loans, investments, and fees. KOHO, however, is not one of these financial institutions.
KOHO makes money in one of two ways. The first is through Premium account subscriptions (but we’re completely transparent about the user’s costs!).
The second is through interchange fees, the fees that merchants and retailers are charged whenever someone makes a purchase using a particular card.
As a digital-first company, KOHO is also able to save on expenses that are otherwise commonplace for financial institutions with brick-and-mortar locations.
Related articles

What is the best interest rate on savings accounts?
7 mins
Yekaterina GalanovaNot all savings accounts are created equal. Learn here how to pick the one that has your best interest in mind.
What is the best interest rate on savings accounts?
7 mins
Yekaterina Galanova
Not all savings accounts are created equal. Learn here how to pick the one that has your best interest in mind.
#interest
#interest rate
#savings
#savings account

What are the different types of chequing accounts?
5 mins
Dan BuchererTraditional, VIP, student, senior… There are so many different types of chequing accounts—do you know which one you need?
What are the different types of chequing accounts?
5 mins
Dan Bucherer
Traditional, VIP, student, senior… There are so many different types of chequing accounts—do you know which one you need?
#chequing account
#banks
#bank account

Can international students get a credit card in Canada?
7 mins
Ally StreelmanKick off your life as a collegiate in Canada by learning if and how you can land a credit card as an international student.
Can international students get a credit card in Canada?
7 mins
Ally Streelman
Kick off your life as a collegiate in Canada by learning if and how you can land a credit card as an international student.
#credit card
#credit
#international student
#student

Can a non-resident get a credit card in Canada?
5 mins
Dan BuchererNon-residents and newcomers can get a credit card in Canada. Make sure you know that’s what you want before signing the dotted line!
Can a non-resident get a credit card in Canada?
5 mins
Dan Bucherer
Non-residents and newcomers can get a credit card in Canada. Make sure you know that’s what you want before signing the dotted line!
#credit
#credit card
#newcomer
#immigration

What should new Canadian residents look for in a credit card?
5 mins
Ryan SeveranceFinding the right credit card for you is never easy. Here’s what you should look for when signing up for your first Canadian credit card.
What should new Canadian residents look for in a credit card?
5 mins
Ryan Severance
Finding the right credit card for you is never easy. Here’s what you should look for when signing up for your first Canadian credit card.
#newcomer
#credit
#credit card
#immigration

What are high interest savings accounts?
6 mins
Andrew PanielloLearn how to pick the right high interest savings account so you can grow your money and protect your wealth.
What are high interest savings accounts?
6 mins
Andrew Paniello
Learn how to pick the right high interest savings account so you can grow your money and protect your wealth.
#savings
#high interest savings account
#savings account
#interest