KOHO Premium is a type of KOHO Account that comes with the following features (in addition to what you get with a regular KOHO Account):
💰2% cash-back on groceries, eating & drinking and transportation 💰
- Groceries - includes both small merchants and large chains
- Eating & drinking - includes all restaurants, food delivery, bars, coffee shops and more
- Transportation - includes public transportation, Uber/ Lyft, taxis, gas, highway tolls, parking and more
🌎No fees on foreign transactions 🌎
We'll cover the fees on transactions made outside Canada (or with foreign merchants). The big 5 banks usually charge a 2-3% fee, while our regular KOHO Account has a 1.5% fee. Learn about the FX fees on a regular KOHO Account here.
🤓Free financial coaching 🤓
You'll get money tips and can set up sessions with our certified financial coach to create a budget or ask any questions you have about taxes, investing, debt and more.
You can send us past receipts made with KOHO and we'll search to see if you could have gotten a better deal. If so, we will credit the difference in price to your KOHO account. Learn more about price matching here.
🏋️Higher Velocity Limits 🏋️
You can take out $400 at an ATM, for a max of $800 per day. Your account balance can also be $40,000 instead of $20,000. Learn about the velocity limits on a regular account here.
✈️One free international ATM withdrawal per month ✈️
Get one free withdrawal at ATMs outside Canada each month. International ATM fees are usually at least $2-3 a pop.
What's the cost of KOHO Premium? There is a free 30-day trial. Then it's $9/ month, or $84/ year (save $24). This amount will be automatically taken from your KOHO account at the end of each month.
How do I sign up? If you're already a KOHO user, all you have to do is tap More > Premium. If you're new to KOHO, download the app, sign up and then once your account is created, tap More > Premium.
How do I know if I should get Premium or stick to a regular KOHO account? Check out this article!