This card is designed to supercharge your everyday spending with impressive cashback rewards and a suite of premium benefits. Whether you’re grabbing groceries, dining out, or shopping online, every purchase brings you closer to amazing cashback, making your money work harder for you.
But the benefits don’t stop there. The KOHO Extra Mastercard comes with an easy-to-use mobile app that puts financial management at your fingertips. Track your spending, set budgets, and gain valuable insights to help you make smarter financial decisions.
KOHO EXTRA MASTERCARD
No FESS CASH BACK 6%With early direct deposit, you’ll get your paychecks faster, and exclusive offers from top retailers make every shopping trip more rewarding. This isn’t just a card—it’s your ticket to a smarter, more rewarding financial life, designed to keep up with your dynamic lifestyle and empower your financial future!
Benefits of KOHO Extra Mastercard
- Earning rewards: With the KOHO Extra Mastercard, earning rewards is as easy as swiping your card! You’ll enjoy 1.5% cashback on all your grocery runs, dining adventures at restaurants, and commuting expenses for transportation. Plus, 0.25% cashback on purchases outside these categories.
- Redeeming Rewards: When it comes to redeeming your hard-earned rewards, the process couldn’t be easier with the KOHO Extra Mastercard. Your cashback rewards are automatically added to your prepaid balance within a few days of making your purchase. That means no waiting, no hassle – just instant gratification as your rewards start to pile up.
- Welcome bonus: As a special offer, when you make your first direct deposit of at least $500 into your KOHO Extra Mastercard account, you’ll earn an extra 0.5% cashback on all purchases for the next 90 days! It’s a fantastic bonus to supercharge your rewards and make your spending even more rewarding right from the start.
- Free International ATM Withdrawal: Traveling abroad? Your KOHO Premium account grants you one free ATM withdrawal per month, saving you up to $5 in fees when you need cash outside of Canada. Additionally, KOHO charges no ATM fees within Canada, ensuring convenient access to your funds wherever you go in the country.
- Earn Interest on Prepaid Balance: With KOHO Earn Interest, your prepaid card becomes a hybrid spend-savings account, offering you more than just spending power. Start collecting interest on your prepaid balance, allowing your money to work for you even before you spend it. Specifically, with this KOHO card, you’ll earn an impressive 4.5% interest on your balance up to your first $1,000, and then 3% on anything beyond that.
- No Foreign Transaction Fees: Enjoy seamless international shopping and travel without worrying about extra fees eating into your savings.
- Exclusive Offers: Benefit from unique offers and discounts with top retailers, making your shopping experiences even more rewarding.
- Comprehensive Insurance Coverage: Stay protected with travel and purchase insurance, providing peace of mind wherever you go.
- Easy-to-Use App: Manage your card effortlessly with an intuitive mobile app, allowing you to track spending, set budgets, and gain valuable financial insights on the go. Gain access to powerful budgeting tools and insights through the mobile app, helping you manage your finances more effectively.
- Direct Deposit Access: Get your paychecks faster with early direct deposit options, ensuring you have access to your funds when you need them most.
- 24/7 Customer Support: Experience peace of mind with our 24/7 customer support, always ready to assist you with any questions or concerns. No matter the time or place, help is just a call or click away, ensuring you have the support you need whenever you need it.
- No Credit Checks Required: Say goodbye to the hassle of credit checks! With our KOHO prepaid card, there’s no need to worry about your credit score when you apply. Everyone is welcome, making it easier than ever to get your hands on the financial freedom you deserve.
Qualification Requirements
Accessibility is key with the KOHO Extra card. It simplifies financial inclusivity with no credit checks, making it available to a broader audience.
How to Apply for the KOHO Extra card
- Go to the KOHO website
- Look for the KOHO Extra Mastercard application page.
- Sign up for a KOHO account.
- Fill out the application form.
- Follow the prompts to verify your identity.
FAQs
What is CDIC protection?
It’s insurance for deposits up to C$100,000, ensuring your money’s safety.
How does Credit Building work?
By taking a line of credit with KOHO and making timely repayments, you can build your credit history.
What qualifies as transportation for cashback?
This includes transit card top-ups, bus or train tickets, gas, and ride-shares, but not flights.
Can I change my plan later?
You can switch plans at the end of your billing cycle.
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