KOHO
KOHO Prepaid Mastercard
Welcome Bonus
Get $20 when you sign up
cashback no-fee building-credit prepaid
Annual Fee
No annual fee
We may earn a commission when you are approved for this card. This does not influence our ratings.
Quick Stats
Annual Fee
$0
Purchase APR
0%
FX Fee
1.5%
Card Type
mastercard
Rewards & Earning Rates
| Spending Category | Earn Rate |
|---|---|
| Groceries | 2% cash back |
| Transportation | 2% cash back |
| All other purchases | 0.5% cash back |
Fees & Interest Rates
| Annual Fee | $0.00 |
| Additional Card Fee | $0.00 |
| Purchase Interest Rate | 0% |
| Cash Advance Interest Rate | 0% |
| Foreign Transaction Fee | 1.5% |
Pros & Cons
Pros
- No annual fee
- No credit check required
- Up to 2% cashback with paid plans
- Instant virtual card
- Round-up savings feature
Cons
- Prepaid card (not a credit card)
- Foreign transaction fees apply
- Lower rewards on free plan
- Monthly fees on premium plans
Eligibility Requirements
Available to Canadian residents 18+. No credit check required.
Categories
Similar Cards You Might Like
Rogers Bank
Rogers Red World Elite Mastercard
No Fee
Annual Fee $0
Welcome Bonus
$60
Type cashback
Scotiabank
Scotia Momentum Visa Infinite Card
Annual Fee $120
Welcome Bonus
$370
Type cashback