Cash Back
Secured Cards
Newcomer / New to Canada
KOHO Extra Prepaid Mastercard
KOHO Financial Inc
Annual Fee
$144
Purchase APR
0.00%
Cash Adv. APR
0.00%
RateBuddy Verdict
The Good
- Zero foreign transaction fees save you 2.5% on all US and international purchases.
- Higher 2.5% interest rate on your balance helps offset the monthly fee.
The Trade-offs
- The $144 annual fee ($12/month) requires consistent spending to justify over the Essential plan.
Rewards & Earnings
Groceries 1.50%
Dining & Takeout 1.50%
Travel 1.50%
Base Rate 0.00%
Rewards Summary: Earn 1.5% cash back on groceries, eating & drinking, and transportation, plus 2.5% interest on your entire balance and no FX fees.
- Groceries, Eating & Drinking, Transportation: 1.5% Cash Back
- Earned on your entire account balance: 2.5% Interest
Welcome Bonus Details
Features & Benefits
No Foreign Transaction Fees
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 | $144 |
| Income Required | No specific requirement listed. |