What is cash back?

Instead of waiting for the end of the year to get cash back rewards, KOHO gives you instant cash back. You get cash back of 0.5% on whatever you spend. You'll see the cash back in your "Spend" tab within 2-3 business days of the original authorized purchase. Earn money while spending it ⚡

To earn extra cash back, we have partner PowerUps too!

You can also earn 2% cash back on select spending categories when you sign up for a KOHO Premium account 💎 

Some additional information:

  1. Cash back is a credit of 0.5% on all settled transactions using your KOHO card.

  2. KOHO users can, at any time, release accrued credits from within the app.

  3. KOHO reserves the right to end the promotion at any time, no less than 90 days from the initial implementation of cash back. Future authorizations or settled authorizations will not be eligible for cash back if and when KOHO has discontinued the promotion.

  4. Transactions typically take 3-5 days to settle. KOHO is not responsible for merchant settlement policies or timelines.

  5. 100% of the settled authorization amount is eligible.

  6. Cash back will not be accrued on any ATM withdrawal, E-transfer, KOHO transfer, Bill Payment, pre-authorized debit, direct deposit, or other non-purchase based transactions.

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