Start spending in-store and online right away
Online banking has turned “going to the bank” into “tapping your phone.”
You can send money, pay bills, and track your spending anytime, anywhere, without standing in line or watching branch hours.
Make Essential your no fee account
KOHO Essential
KOHO Essential Plan is a mobile first alternative to traditional banking accounts:
It has a low monthly plan fee that can be waived when you set up direct deposit or add +$1,000.
Use a prepaid Mastercard® for groceries, bills, subscriptions, and travel.
Grow your savings with a 2% interest savings rate on your entire balance.
Earn 1% cash back on groceries, eating & drinking, and transportation.
You can add Credit Building for $10/month, it's an affordable way to build your credit history
Enjoy unlimited transactions and free e-transfers (never worry about fees when sending money to someone again).
Key Advantages of Online Banking
1. 24/7 Access
You can:
Check your balance
Pay bills
Send and receive e-transfers
…whenever you need, not just during branch hours.
2. Better Visibility Into Your Money
Online and app-based banking lets you:
See transactions instantly
Track spending by category
Spot unusual activity quickly
3. Faster, Simpler Payments
You can:
Pay bills with a few taps
Send money to friends and family
Set up recurring payments so you don’t miss due dates
Less paperwork, fewer trips, and fewer “I forgot to pay that” moments.
4. Lower Fees and More Perks
Many online accounts:
Cut down on monthly fees
Offer interest on everyday balances
Add features like cash back or built in budgeting
Is Online Banking Right for You?
If you:
Prefer using your phone over going to a branch
Want real-time control over spending and saving
Like clear insights instead of guessing where your money went
…online banking will almost always feel easier, faster, and more transparent than old school branch only banking.