KOHO Cashback Canada 2025

KOHO Cashback Canada 2025, Maximize Your Rewards

No fee everyday banking

Set up direct deposit and skip the monthly fee. Free to open, and the Easy plan has no monthly fee. Worth doing if you will actually move your pay or your CRA deposits over, not if the card sits unused. Code BREMO2026.

See how it works

Learn how to earn up to 5% cashback with KOHO in Canada. Compare free vs premium plans, discover which spending categories earn most, and get a $20 sign-up bonus.

Get $120 with KOHO, Code BREMO2026

KOHO Cashback Rates by Plan

PlanMonthly FeeBase CashbackGroceries & TransitExtra CategoriesBest For
KOHO Free$00.5% on some purchases1%NoneLight spenders, $20 bonus seekers
KOHO Essential$4/month1% base2%Some partnersRegular grocery shoppers
KOHO Extra$9/month2% base3%Partner merchantsHigh grocery/transit spenders
KOHO PremiumVaries2% baseUp to 5% with partner boostsPremium partner offersMaximum rewards seekers
Key insight: KOHO's cashback is earned as "KOHO cash" deposited directly to your account, no points conversion, no redemption friction. On top of cashback, KOHO earns 3.00% interest on your full balance (free plan), making it a double-earning account.

Cashback Calculator

How to Maximize KOHO Cashback

  1. 1

    Use KOHO as your primary grocery card

    Groceries typically represent the largest household spending category. Even at 1% (free plan), $800/month in groceries earns $96/year. On Extra plan at 3%, that's $288/year from groceries alone.

  2. 2

    Enable KOHO's partner merchant offers

    KOHO regularly partners with specific merchants for boosted cashback rates (5%+ at select partners). Check the app regularly and activate available offers before shopping.

  3. 3

    Calculate whether Premium pays off

    At $9/month ($108/year), you need enough additional cashback to cover the fee. If you spend $800/month on groceries: free plan earns $96/year; Extra plan at 3% earns $288/year. The $192 extra minus $108 fee = $84 net gain. Use the calculator above to model your situation.

  4. 4

    Keep a balance to earn 3.00% interest

    KOHO's 3.00% interest on your balance compounds your earnings. Keeping $3,000 in KOHO earns $900/year in interest on top of cashback, more than most bank chequing accounts pay in a lifetime.

Start Earning Cashback, Get $20 Free

Sign up with code BREMO2026 for a $20 bonus plus ongoing 1% cashback on groceries and transit, and 3.00% interest on your balance.

BREMO2026

Get $20 + Start Earning Cashback

Frequently Asked Questions

How is KOHO cashback paid out?
KOHO cashback is deposited as actual cash (called "KOHO cash") directly into your KOHO account, typically monthly or at the time of the transaction depending on the offer type. There's no points conversion, no minimum redemption threshold, and no expiry. You can see your cashback balance in the KOHO app at any time.
What counts as groceries for KOHO cashback?
KOHO defines grocery purchases by Merchant Category Code (MCC), the category assigned to each merchant by Visa. Major grocery stores (Loblaws, Sobeys, Metro, Walmart grocery sections, Costco, etc.) typically qualify. Gas stations, convenience stores, and specialty food stores may or may not qualify depending on their MCC. KOHO's app shows category breakdowns so you can verify which purchases earned grocery cashback.
Is the KOHO $20 bonus on top of regular cashback?
Yes, the $20 sign-up bonus (code BREMO2026) is a one-time promotional bonus separate from your ongoing cashback earnings. You'll receive the $20 bonus after completing qualifying activities, and you'll continue earning 1% cashback on groceries and transit (and 3.00% interest) indefinitely. The bonus and the ongoing cashback are both in addition to each other.
How does KOHO cashback compare to credit card cashback?
Premium credit cards offer higher cashback rates (2%, 4%) but require a credit check and credit approval. KOHO's prepaid Visa is available to anyone without a credit check, making it ideal for newcomers, those building credit, or those who prefer not to use credit. For those who qualify for a premium cashback credit card, the card may earn more on large spending categories, but KOHO's interest earning (3.00%) on the balance is unique to prepaid accounts.