KOHO is a free pre-paid, reloadable card Visa card and the KOHO app that is designed to help Canadians to budget, spend, and save in a smart stream. KOHO offers an alternative to the traditional banking experience you encounter every day!
KOHO is not another bank. Banking is complex and robotic. KOHO make this simple and human. Use a full-service account with no hidden fees for everyday spending and tomorrow’s savings. There will be no more credit balances, interest payments, huge monthly fees, overdraft and empty savings accounts. You can do pretty much everything you do with you banking with KOHO such as, Pay bills, send money through free e-Transfers and set up pre-authorized debits. You can even set up Payroll Direct with your employer and have all or a portion of your pay check automatically loaded to your account. By Using KOHO you can simplify your finances, increase your savings rate, and manage your money FREE of charge all in one app with 0.05% Cashback on all the purchases.
How it works –
- Your KOHO card is a pre-paid Visa card that you can use wherever Visa is accepted (worldwide!).
- KOHO is free to join. It takes less than 5 minutes to sign up for after downloading it from the App Store or Google Play. All you need is a Canadian bank account to send your first e-Transfer from.
- Sign up within the KOHO app for iOS or Android. Your KOHO card will come within 15 days. You’ll get real-time insights on all your transactions and can use the app to send free e-Transfers, pay bills, and set Savings Goals.
KOHO is the alternative to your traditional banking experience. KOHO works like a debit card, but is accepted everywhere Visa is. Meaning you can Preload your budget and say goodbye to overspending! KOHO helps Automate your savings with customizable goals and the app will automate your goal contributions so that you can “set it and forget it.” You can also save as you spend by rounding up purchases to the nearest $1, $2, $5, or $10.
KOHO claims, within 3 weeks, the average KOHO user reduces their spend by 15% and saves nearly $500. KOHO partnered with Visa and Peoples Trust to bring you a secure product that can be used worldwide. They backed by established investors like the Power Group and Portag3.
The KOHO app is free to download via Google Play Store & IOS App Store. Sign up here (use referral code 6SZPFGBL for up to a $60 cash bonus) to enjoy the advantage of KOHO and make your life better meeting your financial goals.
