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.
Canada's most generous tax credit — 75% on your first $400 donation
Enter your total contributions to registered federal political parties, candidates, or electoral district associations.
Political contributions are one of Canada's best tax credit values. Put your tax savings to work in KOHO's high-interest savings account. Use code BREMO2026 for a bonus.
Open KOHO — Code: BREMO2026| Contribution Amount | Credit Rate | Maximum Credit |
| First $400 | 75% | $300 |
| Next $350 ($400–$750) | 50% | $175 |
| Next $525 ($750–$1,275) | 33.3% | $175 |
| Total (max contribution: $1,275) | Blended ~51% | $650 |
The maximum annual federal political tax credit is $650, achieved by contributing $1,275. Above $1,275, no additional credit is available — though you can still contribute more (up to the $1,675 annual limit under the Canada Elections Act).
Annual individual limit: $1,675 per year total to registered parties and their associations combined. Candidates during election period have separate limits.
Provincial political contributions: Many provinces have their own political tax credit programs. Check your province's election finance authority for rates — some provinces (BC, Ontario, Alberta) have eliminated or suspended their provincial credits.