What is KOHO

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What exactly is KOHO?

Rounding it up

  • Think of KOHO as a way to help you reach your financial goals, equipped with a spending and savings account, a prepaid credit card, and a stellar app.

  • How does it work? First, you load funds to your no-fee KOHO account via e-Transfer or direct deposit.

  • Then, you make whatever purchases with your KOHO prepaid credit card—and earn cash back every single time.

  • Finally, you can use your KOHO app to look at your spending trends and cultivate healthy saving habits.

4 min read

Silvi Woods
#KOHO#credit card#cash back#saving

Silvi Woods

Silvi Woods is a financial planner at Wealthsimple and holds her CFA and CFP designations. Prior to Wealthsimple, she worked as an Investment Analyst for one of Canada’s largest equity mutual funds and as a Financial Planner at KOHO.

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