a
Prepaid
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KOHO Essential Card

special feature(s)
No credit check
Because it's a prepaid card, there is no hard credit check required.
Guaranteed approval
Canadians are guaranteed approval for this card.
INTEREST RATES
0% Purchase
0% Cash advance
ANNUAL FEES
$48 Main cardholer
30-day free trial, then $4 / month (or $48/year)
$0 Additional card

REWARD CALCULATOR

Enter your total monthly expenses or by category

🛒
Groceries
🧾
Bills & Utilities
🌮
Food & Dining
🛍
Shopping
💵
Other
💸
Total
$
Net annual rewards the 1st year
This amount is the net value of the rewards that this card will earn in the first year, based on your spending. Our calculation takes into account the welcome offer (if any) and deducts the annual fee (if any).
$
Net annual rewards in subsequent years
This amount is the annual net value of the rewards this card will earn after the first year, based on your spending. If there is an annual fee associated with this card, it is deducted from the total annual rewards.

Special features

A low fee prepaid card great for credit builders

The essential Koho card is great for people that want to avoid paying interest fees on their purchases. With a low monthly fee of 4$, It is an amazing card for those who want to build their credit history or increase their credit score as it comes with an optional credit building assistance. In addition to that, funds loaded in the prepaid card accumulate an interest of 1.5%

No credit check

Because it's a prepaid card, there is no hard credit check required.

Guaranteed approval

Canadians are guaranteed approval for this card.

REQUIREMENTS

CREDIT
SCORE
CANADIAN RESIDENCY
REQUIRED INCOME

BENEFITS

⭐

Exclusive discounts with my favorite brands

On top of the 1% cash back that you'll get on groceries, recurring bills and services as well as 0.25% on everything else, you can also earn up to 10% cash back at partner vendors like Contiki, iQ, Kernels, The Last Hunt, Pizza Pizza and Branch.

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