Pros & Cons
Pros
- No annual fee
Cons
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Our Review
The code EARNKOHO is applied automatically when you sign up through our KOHO link.
The features of the KOHO Prepaid Mastercard with the Core Plan are as follows:
- Earn 1% cash back on groceries, eating & drinking, and transportation
- Accepted at Costco
- 2% annual interest on eligible balances when you opt in to Earn Interest. The variable rate is calculated daily and paid monthly.
- Automate your savings with Goals and RoundUps. Rounding off every purchase allows you to set aside savings, while goals make it easier to save for the things that make you happy.
- Lock in savings with Vault that keeps the funds you don’t want to spend separate from your spendable balance
- Create custom budgets and track your spending habits. Know where you’re at in real time with instant notifications every time you spend.
- The Core plan costs $0 per month.
- Eligible members may access a cash advance of up to $500 through the Cover bundle. The limit depends on eligibility. The bundle starts at $2/month. The standard price for the $500 tier is $30/month for eligible members. Eligibility criteria and Terms and Conditions apply.
Rewards
All Spending
0%
cash back on eligible purchases
Groceries
1%
cash back on eligible purchases
Transit
1%
cash back on eligible purchases
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Cashback earned
$96
$/yr
Estimated Value
$96
After Fees
+$96
1st Year ValueThese figures are estimates from our own calculator, based on our point valuations and the spending you enter. They are not the card issuer's valuation and have not been provided or endorsed by the issuer. Actual rewards may vary.
$96
incl. welcome bonus
Annual rewards breakdown
Fees and interest rates
- Annual Fee$0
- Foreign currency conversion fee1.5%
Terms & Conditions
Card Features
The code EARNKOHO is applied automatically when you sign up through our KOHO link.
Features:
- Earn 1% cash back on eligible groceries, transportation, and food and drinks.
- Accepted at Costco
- 2% annual interest on eligible balances when you opt in to Earn Interest. The variable rate is calculated daily and paid monthly.
- The Core plan costs $0 per month.
- Access all KOHO account features such as Safe, Goals and Rounding Amounts
- Eligible members may access a cash advance of up to $500 through the Cover bundle. The limit depends on eligibility. The bundle starts at $2/month. The standard price for the $500 tier is $30/month for eligible members. Eligibility criteria and Terms and Conditions apply.
Legal
See KOHO’s sign-up page for current offer terms and eligibility.
Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Sparks and Bloom may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 KOHO. All trademarks are property of their respective owners.
