KOHO is piloting a feature to give Canadians free early access to their government payments, in hopes of helping pay bills on time and alleviate some of the cashflow stress people are feeling right now during COVID-19.
What you need to know
KOHO has partnered with the CRA to allow all eligible Canadians to receive their Canada Recovery Benefit (CRB), directly to their KOHO account easier than through the CRA
Be sure to download the latest version of the KOHO app to see all available offers on the home screen in-app
You will still have to apply for CRB benefits through the CRA website. Once you have successfully applied, you must log into the KOHO app to start the process. Once you are logged in, you can click on the link on the home screen titled Government Payments? Get them Faster! From there, click the yellow message to be brought to a secure webpage to begin registration.
See the chart of government payment periods here. You can expect to see your payment loaded to your KOHO account 3-5 business days after the payment is issued from the CRA.
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