KOHO Earn Interest
A fintech app offering cash back on spending and interest on your balance.
Current Interest Rate
3.5%
Calculate Your Returns with KOHO
$
Total Interest Earned
$355.67
Based on 3.5% interest rate over 12 months
Key Account Facts
Monthly Fees
$0 (Base)
Min Deposit
$0
Transactions
Unlimited
Transfer Time
1-3 Days
The Good
- Combines spending and saving
- Cash back rewards
- Early payroll access
- User-friendly app
The Bad
- Some high-tier features cost monthly fees
- Not a bank (money held at Peoples Trust)
- Prepaid card acceptance issues
Frequently Asked Questions
Is KOHO a bank?
No, KOHO is a fintech company. Your funds are held by Peoples Trust, a CDIC member.
Does it cost money?
The basic plan is free, but they offer paid tiers for higher interest and cash back.