KOHO Referral Code Canada 2025

KOHO Referral Code — Get $100 Free

Use code 45ET55JSYA when you sign up for KOHO and earn a $100 cash bonus. No monthly fee, 3.0% interest, and 1% cashback on groceries and transit.

Claim $100 — Use Code 45ET55JSYA

Your KOHO Referral Code

Enter this code during KOHO sign-up to unlock your $100 bonus

45ET55JSYA

Sign Up Now — Get $100 Free

How to Claim Your $100 KOHO Bonus

1

Click the link above

Or go to koho.ca and begin the sign-up process.

2

Enter code 45ET55JSYA

Enter the referral code when prompted during sign-up. Case sensitive.

3

Complete qualifying activities

Verify your identity, load funds, and complete the required qualifying transactions within 30 days.

4

Receive your $100

Your $100 bonus is deposited directly to your KOHO account. No catch.

What You Get with KOHO

💳

No-Fee Spending Account

KOHO's free tier has no monthly fees. Use the Visa prepaid card anywhere Visa is accepted in Canada and internationally.

📈

3.0% Interest on Balance

Earn 3.0% on your spending account balance — significantly higher than any Big 5 bank chequing account.

🛒

1% Cashback

Earn 1% cashback on groceries and transit spending. Premium plans offer cashback on more categories.

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Credit Builder

KOHO's optional Credit Builder helps build or rebuild your credit score. Useful before applying for a mortgage.

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Instant Notifications

Real-time spending notifications keep you on budget. Round-up savings, spending breakdowns, and more.

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CDIC-Eligible Coverage

KOHO accounts are held at partner banks with CDIC deposit protection. Your funds are safe.

KOHO vs a bank chequing account: A Big 5 bank chequing account charges $10–$30/month in fees and pays 0.01% interest. KOHO charges $0/month and pays 3.0%. On a $5,000 balance, that's $150/year in interest vs $0.50 — plus the $100 sign-up bonus. The math is overwhelmingly in KOHO's favour for everyday banking.

Frequently Asked Questions

How does the KOHO $100 referral bonus work?
Sign up for KOHO using the referral link on this page or enter code 45ET55JSYA during the sign-up process. After verifying your identity and completing the required qualifying transactions (typically loading funds and making purchases within 30 days), KOHO deposits $100 directly into your account. Check KOHO's current terms for the specific qualifying activities required, as promotional details can change.
Is KOHO safe? Is my money protected?
KOHO Financial Inc. is a federally regulated financial institution in Canada. Customer funds are held at Peoples Trust (CDIC member) and Koho Banking Inc. (CDIC member), providing eligible deposit protection under the Canada Deposit Insurance Corporation. KOHO is not a bank but partners with CDIC member institutions to hold deposits. The Visa card is issued by Peoples Trust Company.
Can I use KOHO as my main bank account in Canada?
Many Canadians use KOHO as their primary spending account. It supports direct deposit (payroll), Interac e-Transfers, bill payments, and ATM withdrawals. KOHO doesn't have physical branches — all services are through the mobile app and website. If you need a branch for certified cheques, bank drafts, or other specific services, you'll want a supplementary account at a traditional bank. Most day-to-day banking functions are fully covered by KOHO.
What is KOHO Premium and is it worth it?
KOHO Premium costs $9/month (or less annually) and includes enhanced cashback rates (up to 2% on groceries and transit, 0.5% on everything else), higher interest rates, price matching features, financial coaching, and more. Whether it's worth it depends on your spending patterns. If you spend $1,500+/month on eligible categories, the extra cashback can exceed the fee cost. The free plan with code 45ET55JSYA ($100 bonus) is the best starting point.