Compare KOHO reloadable prepaid Mastercards. Cash back, no-fee options, and built-in credit building.
You earn 2x on groceries and 0.5x at restaurants. Estimated first-year value is $94.
Cash Back
You earn 1.5x on groceries and 0.25x at restaurants. Estimated first-year value is $42.
Cash Back
It comes with a welcome bonus of $20. You earn 1x on groceries and 0x at restaurants. Estimated first-year value is $37.
Cash Back
Complete Guide
Compare KOHO reloadable prepaid Mastercards. Cash back, no-fee options, and built-in credit building.
KOHO is a Canadian fintech offering reloadable prepaid Mastercards with cash back, no monthly fee on the basic plan, and tools to build credit. You earn cash back on everyday categories such as groceries and transport, plus extra instant cash back at select partner merchants.
KOHO offers tiered plans (Easy, Essential, Extra, Everything). Paid tiers raise cash back and add perks like price matching and interest on your balance. The optional Credit Building add-on reports a recurring payment to the credit bureaus to help raise your score.
3
Cards analyzed
Jun 2026
Last updated
100%
Independent
Our team evaluates credit cards based on overall consumer value: rewards earning rates, annual fees, welcome bonuses, insurance coverage, and additional perks. Cards are ranked by estimated first-year value. We update our picks monthly.
FAQ
KOHO is a reloadable prepaid Mastercard, not a traditional credit card. Its optional Credit Building feature reports a small recurring payment to the credit bureaus to help you build credit history.
KOHO's Easy plan has no monthly fee. Higher tiers (Essential, Extra, Everything) charge a monthly or annual fee in exchange for higher cash back and added perks.
Compare the best credit cards in Canada or calculate which card's rewards actually fit your budget.
