Is KOHO debit or credit?

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Is KOHO debit or credit?

Rounding it up

  • Debit cards are traditionally linked to your chequing account, and they only let you spend the money that you already have.

  • Credit cards are a line of credit that allows you to spend up to your predetermined limit. But credit cards are sort of like micro-loans that you have to repay later.

  • KOHO offers reloadable debit-style cards that are packed full of great features like cash back and zero hidden fees.

  • KOHO also offers a number of other products to help you meet your financial goals, like Credit Building, Early Payroll, and interest-earning savings accounts.

9 min read

Dan Bucherer
#debit card#credit card#koho

Dan Bucherer

Dan is a runner and writer living in the Washington, D.C. area, where he currently works for a financial services trade association as the Communications Director.

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