How many cards, accounts, apps, and routing numbers does one person need? It's time to meet your new favourite account, KOHO Save, where you can earn and spend, all in one place.

When you open a (free!) KOHO account and opt into KOHO Save, you'll be earning 0.5% instant cash back and a 1.2% interest rate on your whole balance. That means earning money on every dime, dollar, and deposit you make into your KOHO account. Yeah, we're pretty excited about it too.


Tell me everything

Earn 1.2% interest on every penny. Just make sure you're on direct deposit to access KOHO Save.

All the perks of using KOHO, like free e-Transfers, instant 0.5% cash back on all purchases, and a sweet referral bonus of an extra 1% cash back every time you refer a friend.

No extra fees, no minimum balance, no promotional rates. What you see is what you get.

Your money is held in a federally regulated financial institution and accessible to you 24/7.

How does KOHO Save compare to the big banks?

Spoiler alert! You earn the most with our 0.5% cash back on every purchase and 1.2% interest on your entire balance.

1: Enter your annual income


2: Adjust what you spend and save











Cash back











A:KOHO Save account

B:Competitive savings accounts

C:Traditional accounts

Get KOHO Save


Not yet a KOHO user? Register for KOHO now.

Sign up for KOHO

* Interest rates are per year, calculated daily, paid monthly, and can change at any time without notice

All interest-bearing accounts are offered by Canadian ShareOwner Investments Inc

How to set up direct deposit đź’ł





Once you've downloaded the KOHO app, click the money button.

Get KOHO Save

Read our FAQ

So you’re ready to turn your entire KOHO account into a high interest savings account?
Once you opt into KOHO Save, you’ll start earning 1.2% interest on your entire KOHO balance – your Spendable, RoundUps & Savings Goals. Interest rate is per year, calculated daily and paid out monthly to your Spendable balance.
We want to be clear that the 1.2% interest rate we are offering will not be an introductory rate, or a rate that expires. The same rate will be available to all users, new or existing. For transparency, it’s possible that the interest rate could change if the rates made available by our Service Providers change. This could happen, for example, if the Bank of Canada announces an interest rate decrease or increase.

Once you opt into KOHO Save, all cash balances from your KOHO Save account(s) will be held in trust at a Canada Deposit Insurance Corporation (CDIC) member institution. CDIC is a federal Crown corporation. CDIC is not a bank or a private insurance company. CDIC protects eligible deposits held at CDIC member institutions (List of Members) in case of a member’s failure.

For eligible deposits held in trust at a CDIC member institution, CDIC insures up to $100,000 for each beneficiary named in a trust, provided certain disclosure rules are met. Coverage is free and automatic. For more information on how CDIC trust protection works, click here.

Once you sign up for KOHO and opt into KOHO Save, all the money in your KOHO account will earn 1.2% interest and you can spend from it to make your purchases. Your other account features (e.g. cashback and account fees for Premium) won’t change.
Nope. There are no account opening, account closing, moving money, or e-Transfer fees. There’s no minimum balance either.




The KOHO Visa* Prepaid card is issued by Peoples Trust Company pursuant to license by Visa Int. *Trademark of Visa Int., used under license. **These services are provided by Service Providers, including Visa, Peoples Trust Company and Galileo Processing. Learn more about your finances with Visa Practical Money Skills.