With all of our KOHO accounts, you’ll get real-time insights on all your transactions and can use your KOHO account to send free e-Transfers, set-up direct deposit, pay bills, set savings goals and more!
What are the benefits of KOHO Easy?
1% cash back on Groceries - includes both small merchants and large chains
1% cash back on Transportation - includes public transportation, Uber/ Lyft, taxis, gas, highway tolls, parking, and more
0.5% interest on your balance (once you opt in!)
Is there a cost for this change?
There is no cost to update your account!
Can I keep my 0.5% cash back?
With the KOHO Easy plan, you’ll get 1% cash back on things that matter the most: Groceries and Transportation.
If you would like to get additional cash back, we would recommend upgrading your account to one of our paid KOHO plans. You can start a 30 day free trial on us!
I previously had the 1.2% interest rate, does my interest rate change?
With the change to KOHO Easy, you will maintain the same interest rate of 1.2% on your entire balance.
*Your 0.5% cash back on all purchases will be replaced by the 1% cash back on groceries and transportation purchases
**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.