Cash Back
No Annual Fee
Secured Cards
KOHO Essential Prepaid Mastercard
KOHO Financial Inc
Annual Fee
$0
Purchase APR
0.00%
Cash Adv. APR
0.00%
RateBuddy Verdict
The Good
- Earn 2% interest on your entire balance, operating like a high-yield savings account.
- Guaranteed approval with no credit checks required.
The Trade-offs
- Does not earn cash back outside of groceries, dining, and transportation.
Rewards & Earnings
Groceries 1.00%
Dining & Takeout 1.00%
Travel 1.00%
Base Rate 0.00%
Rewards Summary: Earn 1% cash back on groceries, eating & drinking, and transportation, plus 2% interest on your entire balance.
- Groceries, Eating & Drinking, Transportation: 1% Cash Back
- Earned on your entire account balance: 2% Interest
Welcome Bonus Details
Features & Benefits
No Annual Fee
Additional Perks
- :
- :
Insurance Coverage
CDIC Insurance
When you opt-in to Earn Interest, your funds are eligible for CDIC insurance up to $100,000.
Rates & Fees Details
| Purchase APR | 0.00% |
|---|---|
| Cash Advance APR | 0.00% |
| Annual Fee | $0 |
| Income Required | No specific requirement listed. |