
Back to learn
What exactly is KOHO?
Rounding it up
Think of KOHO as a way to help you reach your financial goals, equipped with a spending and savings account, a prepaid credit card, and a stellar app.
How does it work? First, you load funds to your no-fee KOHO account via e-Transfer or direct deposit.
Then, you make whatever purchases with your KOHO prepaid credit card—and earn cash back every single time.
Finally, you can use your KOHO app to look at your spending trends and cultivate healthy saving habits.


Silvi Woods
Silvi Woods is a financial planner at Wealthsimple and holds her CFA and CFP designations. Prior to Wealthsimple, she worked as an Investment Analyst for one of Canada’s largest equity mutual funds and as a Financial Planner at KOHO.
Recent Articles
What effects do low interest rates have on the economy?
Should your spending change when interest rates rise?
Which assets do well with rising interest rates?
How do interest rates impact the stock market?
Why Instant Pay is becoming more popular during inflation
What are the pros and cons of inflation for consumers?
Related articles

KOHO’s making the move to Mastercard
2 mins
Aoife StapletonWith the new KOHO Mastercard, payments will be fast, flexible and more convenient than ever.
KOHO’s making the move to Mastercard
2 mins
Aoife Stapleton
With the new KOHO Mastercard, payments will be fast, flexible and more convenient than ever.
#KOHO
#Mastercard
#Prepaid card

Top tips for gaming on a budget
6 mins
Dan BuchererGaming and budgeting don’t always go together but that doesn’t mean you have to break the bank to play hard. Read on to learn more.
Top tips for gaming on a budget
6 mins
Dan Bucherer
Gaming and budgeting don’t always go together but that doesn’t mean you have to break the bank to play hard. Read on to learn more.
#Gaming on a budget
#cash back
#video games
#gaming

Is gaming getting cheaper or more expensive?
7 mins
Jake VictorAre you new to gaming or trying to stock up on new games? See how you can get the best deals and save your money.
Is gaming getting cheaper or more expensive?
7 mins
Jake Victor
Are you new to gaming or trying to stock up on new games? See how you can get the best deals and save your money.
#Cost of video games
#affordable video games
#budgeting
#cash back

How much do professional gamers make?
7 mins
Dan BuchererProfessional gamers can make a lot of money — here, we’ll show you how you can join this new streaming industry.
How much do professional gamers make?
7 mins
Dan Bucherer
Professional gamers can make a lot of money — here, we’ll show you how you can join this new streaming industry.
#Video games
#gaming
#prepaid credit card
#prepaid card
#cash back
#budgeting
#video game streaming

The best way to budget for gaming gear
7 mins
Dan BuchererGetting the gear you want, when you want, requires a solid plan and budget. Here’s how to create one.
The best way to budget for gaming gear
7 mins
Dan Bucherer
Getting the gear you want, when you want, requires a solid plan and budget. Here’s how to create one.
#Video games
#gaming
# prepaid credit card
#prepaid card
#cash back
#budgeting

Can you get cash back on gaming purchases?
6 mins
Ben BejsterA prepaid card is an easy way for gamers to add security and safety to their purchases while also getting some cash back rewards. Learn how!
Can you get cash back on gaming purchases?
6 mins
Ben Bejster
A prepaid card is an easy way for gamers to add security and safety to their purchases while also getting some cash back rewards. Learn how!
#Video games
#prepaid card
#cash back
#budgeting