KOHO: Award-winning Money App - Android - CA - CPI

Discover a smarter way to manage money with KOHOJoin over 1 million Canadians who trust KOHO, the modern, full-service spending and savings account with no hidden fees, instant cash back on your must-haves, and interest on your entire balance. Whatever your financial needs, the KOHO app is catered to you with a range of tailored plans. KOHO is a free, smart chequing account that’s changing the way Canadians bank.Like all good things, KOHO comes in threes. First, it starts with this very app that’s designed to help you budget like a pro. It’s connected to your chequing account, where you can earn 1.2% interest on your entire balance by opting in to KOHO Save. Finally, we have our reloadable Visa credit card. It works like a Visa debit, except you get to make at least 0.5% cash back on every purchase. Pretty sweet, right?Start Spending in MinutesSigning up is easy and fast — we’re talking 5 minutes, zero credit checks. Plus, you’ll get a virtual prepaid Visa Card immediately upon registration. That means you can start online shopping and earning in minutes; no need to wait for your physical card to arrive in the mail.No Hidden FeesTraditional banks love to charge fees (the average Canadian spends $159 a year in bank fees!). We say, enough with this BS — bank stuff, that is. At KOHO, we’ll never charge you fees for overdrafts, e-Transfers, ATM withdrawals, or non-sufficient funds.Make Instant CashbackGet 0.5% cashback on every purchase with our standard free account. Want a little more? Try KOHO Premium for $9/month or $84/year to earn 2% on eating and drinking, groceries, and transportation. Earn 1.2% Interest on EverythingYes, we mean everything! From your Spendables to savings, you can earn 1.2% interest (that’s 2x the national average) on your entire account balance by setting up Direct Deposit and opting in to KOHO Save. Grow Your Credit ScoreWhip your credit score into shape with Credit Building. For only $7/month, this feature will handle the nitty-gritty work of improving your credit score and your future financial opportunities. Credit scores provided by TransUnion.Get Paid EarlyWith our Early Payroll feature, you can access $100 of your next Direct Deposit paycheque, 3 days early, for free. Or, access $100 of your next paycheque any time for $5. No interest, no catch — just a little help when you might need it most.Spend Smarter, Save FasterReal-time balance notifications and spending insights level up your budgeting game. In fact, the average KOHO user saves 7% of the money they put into their account each month. Do it all with KOHOWhile KOHO isn’t your average banking service, it can fulfill all your banking needs. Pay bills, send Interac e-Transfers, and even set up Direct Deposit with your employer to have your paycheque (or part of it) automatically loaded to your account.Keep your money safeKOHO is trusted by over 350,000 Canadians and backed by the country’s leading investors. Your money is held securely by our partner Peoples Trust, a federally regulated and CDIC-insured bank. You can also lock your card in-app anytime, and are also protected from unauthorized use under Visa’s Zero Liability policy.Take the driver’s seatWe’re building KOHO for our users ,so our continuous growth is grounded in the feedback we get from you! Reach out to us in-app if you have ideas for improvement.*** Featured in NASDAQ, Bloomberg, The Globe and Mail, CBC, Toronto Life, Yahoo Finance, and Financial Post