Does KOHO Everything really give 2% cash back on every purchase?
Yes. KOHO Everything gives you 2% cash back on all purchases, with no category restrictions for the base rate. On top of that, you earn an enhanced 6% on groceries, transport, and dining. This makes it one of the most generous everyday cashback programs in Canada for a prepaid/fintech account.
What is the 5% HISA rate on KOHO Everything?
Everything plan users earn 5% annual interest on their KOHO balance. This applies to your full balance and is calculated daily, paid monthly. This rate is significantly higher than big bank savings accounts (0.01%–0.5%) and competitive with dedicated HISA accounts like EQ Bank. Note that rates are variable and can change.
Is Credit Building included in KOHO Everything at no extra cost?
Yes. Unlike the Extra plan where Credit Building is an add-on, the Everything plan includes Credit Building at no additional charge. KOHO reports your payment history to Equifax each month, helping you build a positive credit profile. This is especially valuable for newcomers to Canada or anyone rebuilding their credit.
Is the $100 sign-up bonus available with KOHO Everything?
Yes! Use code BREMO2026 when you sign up for any KOHO plan, including Everything. You'll receive $100 cash in your account after completing the qualifying activities. With Everything at $19/month, the $40 sign-up bonus covers more than five months of fees.
Is the KOHO metal card available on the Everything plan?
KOHO has offered a metal card option to selected Everything plan users. Availability may vary — check the KOHO app for the current metal card option. If available, you can request a metal card through your account settings. The metal card carries the same features as the standard card.
How does KOHO Everything compare to a premium bank account?
KOHO Everything at $19/month compares very favorably. Scotiabank's Ultimate Package costs $30.95/month and offers no cashback and no savings interest worth noting. RBC's premium accounts are similarly priced with fewer benefits. KOHO Everything offers higher cashback rates, a superior savings rate, and included credit building at a lower monthly fee.