A common question we get is whether or not KOHO is CDIC insured. We completely understand that you want to make sure your funds are safe with us. 

Regular KOHO Accounts

For users with regular KOHO accounts, KOHO itself is not CDIC insured. In the unlikely event that KOHO fails, your funds will be returned to you by Peoples Trust (our partnering bank who holds your funds).

KOHO Save Accounts

For users that have opted into KOHO Save, all cash balances in your KOHO Save account are held in trust at a CDIC member institution. CDIC insures eligible cash balances payable in Canada up to $100,000 per client per member institution within each insured category. Protection eligibility is free and automatic. For more information on how CDIC protection works, click here.

Reach out to us in-app if you have further questions!

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