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KOHO Extra Mastercard Review

Unlock the POWER of savings with up to 6% Cash Back from KOHO Extra Mastercard and other valuable benefits. Learn more.

KOHO Extra Mastercard
Source: KOHO Extra Mastercard

In a world where every penny counts, the KOHO Extra Mastercard Credit Card emerges as a beacon of hope for savvy spenders and savers alike. Imagine a credit card that not only rewards you with every tap but also cultivates your savings with impressive interest rates.

This is not just any card; it’s a financial tool tailored for those who value both smart spending and effective savings strategies.

KOHO Extra Mastercard
CREDIT CARD
KOHO EXTRA MASTERCARD
No FESS CASH BACK 6%
Earn extra on your spending and saving

Everyday Benefits

Earn More with Every Purchase

With the KOHO Extra Mastercard, every transaction is an opportunity to earn. Get a rewarding 2% cash back on essential categories like groceries, eating & drinking, and transportation, and enjoy 0.5% cash back on all other purchases. It’s not just a card; it’s a daily earning partner in your wallet. Beyond the cash back, this card offers an exceptional 5% interest rate on your entire balance. In a time when every extra dollar counts, this feature turns your regular savings into a powerful financial growth tool.

Benefits of KOHO Extra Mastercard

KOHO Extra Mastercard
Source: KOHO Extra Mastercard

KOHO Extra Mastercard is a great way to manage your finances, offering a wide range of benefits. With this card, you can enjoy exclusive rewards and discounts, cashback offers and free international money transfers. Here are other benefits of the card:

  • $9 Monthly Fee only with Free 1 month

Are you looking to maximize your budget while still enjoying the benefits of a premium prepaid MasterCard? Look no further than the KOHO Extra Mastercard. With a $9 monthly fee and free 1 month, you get access to exclusive perks like cashback rewards, travel insurance, and more. 

The KOHO card also offers an array of other features such as bill payments, mobile deposits, and free ATM withdrawals. Get ready to take control of your finances with the KOHO  today!

  • Free of charge for e-transfers and bill payments

The KOHO Extra Mastercard is the perfect solution for those who are looking for a convenient and secure way to pay bills and transfer money. With the KOHO Extra,  you can enjoy free of charge e-transfers and bill payments, making it an ideal choice for those who need to make frequent payments or transfers.

  • Provides free joint accounts

With this card, you can easily track your expenses, set goals and enjoy the convenience of having a prepaid card. It also offers additional benefits such as cashback rewards, low monthly fees, and free joint accounts. Now, with the free joint accounts feature, you can easily share your finances with loved ones or business partners without any hassle. This makes it easier for you to manage your finances together and enjoy the benefits of KOHO Extra Mastercard.

  • Available In-app offers and discounts for selected merchants 5% Cashback Plus

You can also use the card for cashback 6% rewards, special offers and other perks. Plus, the KOHO is a secure way to make purchases online or in-store without having to worry about fraud or identity theft. So if you’re looking for an easy way to take advantage of available in-app offers and discounts from selected merchants, the Card is the perfect choice!

  • Get access to Credit Building and Instant Pay

With the KOHO Extra Mastercard, you can get access to credit building and instant pay without having to worry about any hidden fees or long-term contracts. You can easily manage your finances in one place and take control of your financial future.

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.

Recent Trends

In an era where financial flexibility is paramount, KOHO Extra’s blend of high-interest savings and rewarding cash back on everyday expenses stands out. It’s a reflection of a trend towards tools that empower consumers to make the most of their money.

How to Apply for the KOHO Extra card

  1. Visit the KOHO Website: Start by navigating to the KOHO website and locating the KOHO Extra Mastercard Credit Card page.
  2. Choose Your Plan: Select the KOHO Extra plan that suits your financial needs.
  3. Fill Out the Application Form: Complete the online application form. This process is straightforward and takes approximately five minutes.
  4. No Credit Check Required: Unlike many credit card applications, KOHO does not require a credit check, making the process smoother and more accessible.
  5. Review and Submit: Review all the information you’ve entered for accuracy, and then submit your application.
  6. Enjoy a Free Trial: After approval, take advantage of the 30-day free trial offered with all KOHO plans to experience the card’s benefits without any commitment.
  7. Start Using Your Card: Once your application is approved and your card is received, activate it and start enjoying the benefits of the KOHO Extra Mastercard Credit Card.

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.

KOHO Extra Mastercard
CREDIT CARD
KOHO EXTRA MASTERCARD
No FESS CASH BACK 6%
Earn extra on your spending and saving

Sam Nascimento

Graduated in law Specialist in economics, investment and personal finance. Its focus is to change people's financial lives.