# Understanding Your KOHO Savings Tools and Rewards

> With KOHO you can save and earn more just by using your account Tools like Goals RoundUps Vault Earn Interest and Cash Back work together to help you grow

Source: https://help.koho.ca/en_us/understanding-your-koho-savings-tools-and-rewards-B1Eeij9UZl

Last updated: 2026-09-21T16:18:15.424Z

With KOHO, you can save and earn more just by using your account. Tools like Goals, RoundUps, Vault, Earn Interest, and Cash Back work together to help you grow your money and stay on track 💰

Here's how each one works and how they support your financial goals.

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## **Your Balance: What’s Spendable and What’s Saved**

**Your Spendable = Total balance - Total savings**

**Total savings = Goals + RoundUps + Vault**

Your Spendable is the only balance you can use for everyday purchases, bill payments, e-Transfers, and pre-authorized debits.

Your **Savings** (Goals, RoundUps, and Vault) is money set aside. It won’t be used for transactions unless you move it to Spendable first.

💡 **Important to know:**

*   Goals and RoundUps are no longer automatically used to complete purchases. If there isn’t enough in your Spendable balance, the transaction will be declined — even if you have money in Savings. To use those funds, cash them out to Spendable first.
*   Savings and Spendable aren’t separate accounts with their own account numbers. They’re two parts of your total balance. You can move money in and out of Savings, but to use it, you’ll need to move it to Spendable first. All money movemennt, like e-Transfers, direct deposits, bill payments, and pre-authorized payments, go through your Spendable balance.

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## **Your Savings and Rewards Tools** 

**Tool** 

**How it works**

**Can You Spend It Right Away?**

**🎯 [Goals](https://koho.kustomer.help/en_us/how-do-i-set-a-goal-r15goi98bx)**

Set up automatic savings for specific targets like a vacation or emergency fund. Choose how much to save and how often, and KOHO will move money from your Spendable balance to your Goal savings automatically.

No. Cash it out to Spendable first.

**🪙 [RoundUps](https://koho.kustomer.help/en_us/what-are-roundups-rJ5eoocIl)**

Save spare change automatically when you make purchases. We round up your purchase to the nearest $1, $2, $5, or $10 (you choose) and move the difference to your savings. These RoundUps come from your available Spendable balance. They cannot be funded by your Cover balance, which is a cash advance.

No. Cash it out to Spendable first.

**🔒 [Vault](https://koho.kustomer.help/en_us/what-is-a-vault-B12goo9Ue)** 

Your secure savings space where money cannot be accidentally spent. Perfect for emergency funds or money you want to keep completely separate until you're ready to use it.

No, you have to move the balance back to your Spendable balance first

**💰 [Cash Back](https://koho.kustomer.help/en_us/how-does-cover-(cash-advance)-work-rJK1is5UWe)**

Earn rewards on eligible purchases. This is a bonus reward from KOHO that gets added to a separate Cash Back balance, which you can cash out at any time.

No, you have to cash out your available cash back to your Spendable balance first

**🏦 [Earn Interest](https://koho.kustomer.help/en_us/earn-interest-r10ZsjcUe)**

Reach your savings goals faster by earning interest with KOHO. Take advantage of great rates and watch your money work harder for you, helping you make meaningful progress.

No, your interest is paid out monthly to your Spendable balance.

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## **RoundUps vs. Cash Back**

These tools often get mixed up, but they work differently.

**[RoundUps](https://koho.kustomer.help/en_us/what-are-roundups-rJ5eoocIl)** – Using your own money to save

*   You buy coffee for $4.25
*   With RoundUps set to $5, we move $0.75 into savings
*   That $0.75 comes from your existing Spendable balance and helps you save automatically

**[Cash Back](https://koho.kustomer.help/en_us/what-is-cash-back-SJxbso9Lbg)** – Bonus reward from KOHO

*   You buy the same $4.25 coffee
*   Once the transaction settles, you earn 1% cash back — that’s $0.04
*   This is extra money from KOHO, not taken from your balance

Result: You saved with your own money and earned a little extra too 🎉