💳 Enter Your Monthly Spending
Your Estimated Annual Cashback by Plan
KOHO Free
$0/month
$0
annual cashback
Net: $0/year
KOHO Extra
$9/month ($108/yr)
$0
annual cashback
Net after fees: $0/year
KOHO Everything
$19/month ($228/yr)
$0
annual cashback
Net after fees: $0/year
PLUS: Add $100 signup bonus with code
45ET55JSYA
One-time bonus on signup — adds to your first year total
Cashback Breakdown — Free Plan
| Category | Monthly Spend | Rate | Monthly Cashback |
|---|
KOHO Plans Comparison 2026
| Feature | Free | Extra ($9/mo) | Everything ($19/mo) |
|---|---|---|---|
| Monthly Fee | $0 | $9/mo ($108/yr) | $19/mo ($228/yr) |
| Groceries Cashback | 1% | 2% | 2% |
| Transit Cashback | 1% | 2% | 2% |
| Bills Cashback | 1% | 2% | 2% |
| Dining / Gas / Other | — | — | 2% everywhere |
| Signup Bonus | $100 (code 45ET55JSYA) | $100 | $100 |
| Credit Building | — | — | Included |
| Financial Coaching | — | — | 1 session/month |
| Best For | Most people | Heavy groceries/transit | High spenders everywhere |
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45ET55JSYA
$100 cash bonus · $0/month · 1% cashback starting immediately
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How KOHO Cashback Works
KOHO cashback is earned on purchases made with your KOHO Mastercard. The rate depends on your plan:
- Free plan: 1% on groceries, transit, and recurring bills/subscriptions
- Extra plan ($9/mo): 2% on groceries, transit, and recurring bills
- Everything plan ($19/mo): 2% on all purchases everywhere
Cashback is credited to your KOHO account within a few business days of each purchase. It appears as a positive transaction in your account and can be spent immediately — no minimum redemption threshold.
KOHO uses spending categories that align with merchant category codes (MCC). "Groceries" includes grocery stores; "transit" includes transit agencies, Uber, Lyft; "bills" includes utilities, phone, Netflix, gym memberships, etc.
Frequently Asked Questions
How does the KOHO $100 bonus work? +
Use referral code 45ET55JSYA when signing up for a new KOHO account. Once you meet the bonus requirements (typically making a qualifying purchase or setting up direct deposit), KOHO credits $100 to your account. The bonus terms are straightforward — check KOHO's app for the current exact requirement after signing up.
Which KOHO plan is best for most Canadians? +
For most Canadians, the Free plan is the best value. You pay $0/month and earn 1% on groceries, transit, and bills — the three biggest everyday spending categories. The Extra plan ($9/mo) pays back through doubled cashback if you spend over $900/month on those three categories combined. The Everything plan ($19/mo) requires $1,900+/month total spending to break even on fees.
Does KOHO cashback expire? +
No. KOHO cashback doesn't expire. It's credited as real CAD dollars to your KOHO account balance and can be spent anytime, just like any other money in your account.
How does KOHO compare to credit card cashback? +
KOHO's 1–2% cashback is competitive with entry-level cashback credit cards, but some premium credit cards earn more in specific categories (e.g., Tangerine 2% in up to 3 categories, or BMO CashBack 5% on groceries with $120 annual fee). The key advantage of KOHO is zero monthly fee and instant eligibility without a credit check. For maximum rewards, combine KOHO with a no-fee cashback credit card for non-overlap categories.