Coming soon

KOHO Save

Open a (free!) KOHO account and opt into KOHO Save to earn 0.5% cash back on every purchase along with 1.2% interest on your whole balance. No teaser rates here. Earn money on every dollar and dime you deposit.

How does KOHO Save compare to the big banks?

Spoiler alert! You earn the most with our 0.5% cash back on every purchase and 1.2% interest on your entire balance.

1: Enter your annual income

$

2: Adjust what you spend and save

Spend

Save

CA$30,000

Annually

CA$20,000

Annually

A:

CA$240.00

Interest

CA$150.00

Cash back

Total:

CA$390.00

B:

CA$300.00

Interest

C:

CA$10.00

Interest

-CA$131.00

Fees

A:KOHO Save account

B:Competitive savings accounts

C:Traditional accounts

Get on our waitlist

Stay updated and get a chance to be a part of our early beta.

The full rundown on the features

Earn 1.2% interest on every penny in KOHO when you’re on direct deposit

All the other features of a KOHO account

No extra fees, no minimum balance, no promotional rates

Your money is held in a federally regulated financial institution

Read our FAQ

Ready to turn your entire KOHO account into a high interest savings account?
You’ll earn 1.2% interest on your entire KOHO balance – your Spendable, RoundUps & Savings Goals. This is an annual rate, calculated daily and paid out monthly. Plus, unlike other cards, you can access this money you've earned at any time!
We want to be clear that the 1.2% interest rate we are offering will not be an introductory rate, or a rate that expires. The same rate will be available to all users, new or existing. For transparency, it’s possible that the interest rate could change if the rates made available by our Service Providers change. This could happen, for example, if the Bank of Canada announces an interest rate decrease or increase.
As a user of KOHO Save, we’ll open an account for you with IIROC regulated broker Canadian ShareOwner Investments Inc. (ShareOwner). ShareOwner deposits your money for you in a trust account with one or more federally regulated, Schedule 1, big Canadian bank. Balances in the ShareOwner Account are not insured by the Canadian Investor Protection Fund (“CIPF”).
Once you sign up for KOHO and opt into KOHO Save, all the money in your KOHO account will earn 1.2% interest and you can spend from it to make your purchases.
Your other account features (e.g. cashback and account fees for Premium) won’t change.
Nope. There are no account opening, account closing, moving money, or e-Transfer fees. There’s no minimum balance either.

Try KOHO

Not yet a KOHO user? Try it now for free.

Sign up for KOHO

* Interest rates are per year, calculated daily, paid monthly, and can change at any time without notice

All interest-bearing accounts are offered by Canadian ShareOwner Investments Inc.

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The KOHO Visa* Prepaid card is issued by Peoples Trust Company pursuant to license by Visa Int. *Trademark of Visa Int., used under license. **These services are provided by Service Providers, including Visa, Peoples Trust Company and Galileo Processing. Learn more about your finances with Visa Practical Money Skills.