KOHO – Smart Spending Account: $20 Sign-Up Bonus + $20 Referrals – Canada Only

KOHO is a free deposit account with a KOHO Visa Prepaid Card that earns cash back when you make purchases anywhere Visa is accepted.

You can use KOHO to send money transfers, pay bills, automate savings and access ATMs, giving you everything that you need to manage your money in the modern world.

Plus, the KOHO Refer-A-Friend Program gives both customers a $20 bonus when the new user signs up and makes a purchase with the KOHO card within 30 days.

KOHO Smart Spending Accounts are available for Canadian residents only (Koho is now available in Québec as well), while residents of the U.S.A. may consider the similar Chime Spending Account Bonus for an alternative way to manage your money.

How To Get $20 Bonus from KOHO

1. Visit this KOHO Referral Link to download the Koho App or use the Referral Code KOHOCAMPUS during registration.

2. You must make your first purchase using the KOHO card within 30 days of sign-up to trigger the $20 bonus.

3. After you make your first purchase, the $20 bonus will be immediately deposited to your KOHO account.

About KOHO Smart Spending Account

• Download the KOHO App and Join KOHO to Get Instant Access to Your Smart Spending Account in the App with Delivery of Your New KOHO Card by Mail Soon After.
• The KOHO Card is a Reloadable Prepaid Visa Card issued by Peoples Trust Company.
• Use Your KOHO Card to make purchases everywhere Visa is accepted, set up automatic/direct paycheque loads, transfer money, access 8,500 fee-free ATMs, setup bill payments, and more.
• Access Special Features like Goals, Spending Insights, Real Time Updates, and more.
• Have your paycheque applied automatically via Koho’s direct load form, or use an eTransfer or link your existing bank account to send funds directly to KOHO. You can also link your PayPal and Stripe accounts to Koho.
• Use the Visa Plus network to gain access to more than 8,500 ATMs across Canada. ATM Cash withdrawals from any DC Bank ATM (located at most subways, train stations, convenience stores, etc.) are fee-free with KOHO.

KOHO Personal Account – $0/month

• Earn 0.5% Cash Back on All Purchases.
• No Account Fees or Minimums.
• Activate Round-Ups for Automatic Savings.
• Get Extra Cash Back at Select Merchants.
• Instantly Lock Your Card In-App for Security.

KOHO Joint Account – $0/month

• Get 0.5% Cash Back on All Purchases.
• Share Finances with Your Partner.
• Create Shared Savings Goals.
• Get Instant Notifications on Spending.
• Includes All Features of KOHO Personal Account.

KOHO Premium Account – $84 annual or $9/month

• Enjoy 30-Day Free Trial.
• Earn 2% Cash Back on Transportation, Groceries and Restaurants.
• No Foreign Exchange (FX) Fees.
• Access Financial Coaching
• Receive 1 Free International ATM Withdrawal Per Month.
• Get Price Matching.

Check out KOHO for additional details about the Koho Smart Spending Account and Koho Visa Prepaid Card.

KOHO $20 Referrals

Through KOHO’s referral program, both you and your friends can earn a $20 bonus when the new user makes a purchase with the KOHO card within 30 days.

When friends use your referral link to join KOHO, you will both earn a $20 bonus when your friends make a purchase on their KOHO card within 30 days of account opening.

After your referrals make a purchase on their KOHO card within 30 days, you will both see the $20 bonus in your KOHO accounts.

To refer your friends to KOHO, you must log in to the KOHO mobile app (update to the latest version), where you will see a little gift box on the top right of your KOHO app.

Then just spread the word about KOHO financial alternative for Canadians to manage money in an easier and more modern way.

You can earn up to $1,000 in bonuses for referring your friends to join KOHO.

If you live in Canada, check out the KOHO Smart Spending Account to manage your money in a modern way and earn an extra $20 bonus with your new account.