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KOHO Premium Prepaid Mastercard

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NO CREDIT CHECK
REQUIRED

RELOADABLE
CARD

PAY WITH CARD
FOR ONLINE PURCHASE

ANNUAL FEEMONTHLY FEEINTEREST RATE

84$

9$

SIGNUP BONUSREWARDSFOREIGN FEE
Get $20 in your KOHO account2% cash back on groceries, transportation, food, and drink. 4.5% interest on your first $1,000 and 3% on anything after that

FREE

The KOHO Premium Prepaid Mastercard is a prepaid card offered by KOHO Financial Inc., a Canadian fintech company. This prepaid card is a step up from the company’s standard KOHO Prepaid Mastercard and offers several additional benefits.

Description

Koho Premium Prepaid Mastercard: The Best Prepaid Card for Your Needs

In today’s digital age, prepaid cards have become an increasingly popular option for individuals looking to manage their finances. Prepaid cards offer a number of benefits, such as avoiding debt and overspending, providing a safe and secure way to make purchases, and enabling individuals to track their spending.

One such prepaid card that has been gaining popularity is the Koho Premium Prepaid Mastercard. In this article, we will explore the features, benefits, and drawbacks of this card to help you determine if it is the right prepaid card for your needs.

Features of the Koho Premium Prepaid Mastercard

The Koho Premium Prepaid Mastercard offers a number of features that make it stand out among other prepaid cards. These features include:

  1. Cashback rewards: The Koho Premium Prepaid Mastercard offers up to 2% cashback on all purchases made with the card, including online and in-store purchases. This is a significant benefit for individuals looking to save money on their purchases.
  2. No fees: The Koho Premium Prepaid Mastercard has no annual fees, no transaction fees, and no foreign exchange fees, making it an affordable option for individuals looking to avoid unnecessary fees.
  3. High limits: The Koho Premium Prepaid Mastercard offers a high load limit of $20,000, making it a great option for individuals looking to use the card for large purchases or to manage their finances.
  4. Budgeting tools: The Koho Premium Prepaid Mastercard offers a number of budgeting tools, including spending insights and goal setting, that can help individuals track their spending and achieve their financial goals.
  5. Mobile app: The Koho Premium Prepaid Mastercard has a user-friendly mobile app that makes it easy for individuals to manage their finances on the go.

Benefits of the Koho Premium Prepaid Mastercard

The Koho Premium Prepaid Mastercard offers a number of benefits for individuals looking to manage their finances. Some of the key benefits of this card include:

  1. No debt: Since the Koho Premium Prepaid Mastercard is a prepaid card, there is no possibility of accumulating debt. This is a significant benefit for individuals who struggle with overspending or who are trying to avoid debt.
  2. Safe and secure: The Koho Premium Prepaid Mastercard is a safe and secure way to make purchases. The card is protected by Mastercard’s Zero Liability policy, which means that individuals are not responsible for any unauthorized transactions made with the card.
  3. Easy to use: The Koho Premium Prepaid Mastercard is easy to use, both online and in-store. The card can be used anywhere Mastercard is accepted, and individuals can easily load funds onto the card using their bank account or debit card.
  4. Budgeting tools: The budgeting tools offered by the Koho Premium Prepaid Mastercard can help individuals track their spending and achieve their financial goals. The spending insights feature provides real-time information on how and where individuals are spending their money, while the goal setting feature can help individuals save money and achieve their financial objectives.

How you earn rewards with the Koho Premium Prepaid Mastercard

Rewards are earned differently by each card. The type of rewards you want to earn is an important consideration when selecting a card. With KOHO Premium Prepaid Mastercard, here’s the way you can earn rewards:

  • Up to 6% extra cash back when shop with partnered merchants
  • 2% Eating & Drinking, Groceriesand  Transportation purchase
  • 0.5% on all other eligible purchases

1.2% interest on all balance (no minimum deposit requirement)

$7/month Credit Building in-app subscription available

 

Additional information

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1 review for KOHO Premium Prepaid Mastercard

  1. Prepaid Credit Card Canada

    Easely the best premium Prepaid Creeedit Card in canada, period. $9 monthly ou $84 annual gets you 2% cashback in 3 categories, 0.5% cashback on all others categories

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