CURRENT OFFERS
Promotions and account value
Welcome offer
**RateBuddy Offer:** New KOHO members can receive a **CAD $40 sign-up bonus** when they join the **KOHO Everything plan** through RateBuddy using promo code **RB4026**. Earn **3.5% interest**, **2% cash back** on groceries, transportation, food and drinks, and **0.5% cash back** on other purchases. Plus, enjoy **no foreign transaction fees**, unlimited transactions, free instant e-Transfers, a free Equifax credit score, up to **6.5% additional cash back** at participating partners and **50% off Credit Building**. Plan fees, eligibility requirements and terms apply.
EARNINGS
Rates and interest details
COSTS
Fees and account limits
Monthly fee$22/mo
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactionsUnlimited
Bundled productNo
ACCOUNT EXPERIENCE
Features and benefits
Early Payroll Direct Deposit
Access up to $500 cash advance with Cover bundle
No Foreign Transaction Fees
Earn interest
Discount on Credit Building
Eligible for CDIC Protection
Indicates that eligible funds or deposits may qualify for CDIC protection through a CDIC member institution, subject to CDIC limits and conditions.
Access to Tenant Insurance
Free Credit Report
Free Credit Score
Free Interac e-Transfers
Cash back on Rent
Unlimited Transactions
No minimum balance
Online and Mobile Banking
Online and Mobile Banking
No minimum deposit requirements
Telephone Banking
WHO CAN APPLY
Eligibility and access
Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNo
CDIC Eligible: Indicates that eligible funds or deposits may qualify for CDIC protection through a CDIC member institution, subject to CDIC limits and conditions.
Students
Youth
Seniors
Newcomers
COVERAGE
Registration, networks and availability
IMPORTANT INFORMATION
Terms and disclosures
Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with KOHO before opening the account.
Product information last reviewed or updated Sep 14, 2026.
