With Joint accounts, you'll get the same savings features as you do on your Personal account. Get 0.5% cash-back on each transaction, plus be able to save together using RoundUps and Goals 💰

All these features can be accessed through the 'More' screen > then clicking on 'Joint' in the switcher > 'Savings'.

PowerUps on a Joint Account

PowerUps are instant cash-back of 0.5% earned on each transaction. 

Your Personal PowerUps are separate from your Joint PowerUps. Personal PowerUps only occur when using your Personal card, and Joint PowerUps only occur when using your Joint card.

You'll see them in the Savings tab within 1-2 business days of the original authorized purchase.

Either user of the Joint account can cash out the PowerUps balance, at which point both of you'll see the amount added to Joint Spendable 💰

Learn more about how KOHO gives instant cash-back when you spend.

RoundUps on a Joint Account

RoundUps help you save as you spend, by rounding every purchase you make on your Joint account to the nearest $1, $2, $5 or $10 (you'll  choose the amount in-app).

RoundsUps for Joint Accounts are user specific. For example, if you choose to round every purchase to the nearest $2, only your purchases using your Joint card will increase the Joint RoundUps balance. Purchases made by your Joint partner will not (unless they also choose to setup Joint RoundUps). 

While accumulating RoundUps on purchases is user specific, either of you can cash out the entire balance of the Joint RoundUps into the Joint Spendable balance or into a Joint Goal. 

Remember, your Personal RoundUps are separate from your Joint RoundUps. Personal RoundUps only occur when using Personal cards, and Joint RoundUps only occur when using your Joint Account.

Learn more about how to use RoundUps.

Goals on a Joint Account

Goals allow you to set shared goals and save together for things like a wedding, vacation, or fun stuff for your apartment 🙌 The contribution is based on a schedule that either you or your Joint partner can set, such as daily, weekly, or monthly. 

All contributions into a Joint Goal are made using the Joint balance only and do not impact your Personal account. 

Either of you can can create, edit, or delete a goal. This includes contributing funds into a Goal and withdrawing funds from a Goal into your Joint Spendable.

Learn more about how to setup Goals

If this seems tricky, just remember that your PowerUp and RoundUp contributions are user specific, while Goals are not. Withdrawing all funds from any savings tool can be done by either of you.

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