Do I need a paid KOHO plan to get the cash back?

No. The 10% cash back offer applies even on KOHO's free Core account — $0/month, no trial, no commitment. You don't need to pay for a premium plan to get the full bonus.

How long do I have to make my qualifying purchase?

You have 30 days from the date you sign up to verify your account and make a purchase of $20 or more. This unlocks the cash back offer.

What purchases don't count toward the cash back?

Cash advances, ATM withdrawals, money transfers, cryptocurrency purchases, gambling transactions, and gift card purchases are excluded from the offer.

Do I need to enter a referral code manually?

Not if you sign up through our referral link — the code is applied automatically. If you're signing up another way, you can enter our referral code when you verify your phone number during sign-up.

How much can I earn in total?

Up to $100 in cash back over your first 3 months as a KOHO member, once you've met the $20 spend requirement within 30 days of signing up.

What is the KOHO Core account?

Core is KOHO's free account option — $0/month, no trial, no commitment, and no credit check. It earns 2% interest on your entire balance with no minimum balance, 1% cash back on groceries, transit, and food & drink, free Secured Credit Building, free credit score monitoring, and unlimited free Interac e-Transfers — and it still qualifies for the 10% referral cash back offer.

Do I automatically earn interest with the Core account?

Not automatically — you need to opt in on the Interest page inside the KOHO app after signing up. Once you opt in, you'll start earning 2% per year on your entire balance right away.

Can KOHO change or end this offer?

Yes. KOHO states this offer may be withdrawn or modified at any time without notice.

KOHO View all KOHO deals

Finance

Banking

Cash Back

KOHO Referral Bonus - Get 10% Cash Back (Up to $100) for 3 Months

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10% Cash Back

Referral Code

Get This Deal

About This Deal

New KOHO members get 10% cash back on eligible purchases for their first 3 months — up to $100 total. Sign up with our referral link or code, verify your account, and spend $20 or more within 30 days to unlock it. Open the free Core account (no monthly fee) to get the full bonus, plus 2% interest and 1% everyday cash back, at no cost.

new-usercanada-onlyno-fee

KOHO is a Canadian fintech company offering a prepaid Mastercard and financial app with cash back, budgeting tools, savings features, and interest on your balance depending on your plan. Sign up as a new member using our referral link or code, complete the required verification, and make the qualifying $20 purchase within 30 days to unlock 10% cash back through KOHO's current referral offer. You can take advantage of the offer without committing to a paid plan. KOHO's Essential plan starts at $0/month when you meet its eligibility requirements and includes 1% cash back on groceries, transportation, and eating & drinking, 2% interest on your balance when you opt in, free credit-building features, credit-score access, and free Interac e-Transfers.

How to Get This Deal

1
Click the referral link or enter the code
Click the 'Get this deal' button to sign up through our referral link, the referral is applied automatically. Signing up another way? Enter our referral code when you verify your phone number during sign-up.
2
Open a free Core account
Choose KOHO's Core account (https://www.koho.ca/core/) — $0/month, no trial, no minimum balance, no credit check. All you need is to be a Canadian resident, 18+ (19 in some provinces), with a government-issued ID, phone number, and email. Takes about 5 minutes.
3
Verify your account
Complete KOHO's identity verification process to activate your account. You'll get an instant virtual card to start spending right away.
4
Make a purchase of $20 or more
Use your physical or virtual KOHO card to make a purchase of at least $20, online or in person, within 30 days of signing up. This unlocks the cash back offer.
5
Earn 10% cash back automatically, up to $100
Once you've met the $20 spend requirement, KOHO applies 10% cash back on eligible purchases for your first 3 months, up to a total of $100 — no need to track or claim it manually. Cash advances, ATM withdrawals, money transfers, crypto purchases, gambling, and gift cards don't count toward earning it.
6
Opt in to start earning 2% interest
Interest isn't automatic — head to the Interest page in the KOHO app and opt in to start earning 2% per year on your entire balance, calculated daily and paid out monthly.

Requirements

Must be a new KOHO member with no existing account
Must sign up using our referral link, or enter our referral code during sign-up
Must verify your KOHO account
Must make a purchase of at least $20 using your physical or virtual KOHO card, within 30 days of signing up
Cash back applies to eligible purchases only — excludes cash advances, ATM withdrawals, money transfers, crypto purchases, gambling, and gift cards
10% cash back applies for the first 3 months after account opening, up to $100 total
Offer applies on the free Core account — no paid plan required
Must opt in on the Interest page in-app to earn the 2% interest on Core account balances

Frequently Asked Questions

Sign up as a new member using our referral link or code, verify your account, and make a purchase of $20 or more within 30 days. You'll then earn 10% cash back on eligible purchases for your first 3 months, up to $100 total.

Terms & Conditions

New KOHO members who sign up through a referral link or referral code, verify their account, and make a purchase of $20 or more within 30 days of signing up get 10% cash back on eligible purchase transactions for their first 3 months, up to $100 total. This offer applies on any KOHO plan, including the free Core account (https://www.koho.ca/core/), so no monthly fee is required to get it. Excluded categories: cash advances, ATM withdrawals, money transfers, cryptocurrency purchases, gambling, and gift cards. Separately, the Core account offers 2% annual interest (opt-in required, calculated daily, paid monthly) and 1% cash back on groceries, transit, and food & drink — both subject to change without notice per KOHO's terms. KOHO states the referral offer may be withdrawn or modified at any time without notice, and members are responsible for any applicable taxes on benefits received. The KOHO Mastercard prepaid card is issued by KOHO Financial Inc. under license from Mastercard International Incorporated.

About KOHO

KOHO is a Canadian fintech company offering a prepaid Mastercard® and money app used by over 2.5 million Canadians to spend, save, build credit, and borrow. Members earn cash back on everyday purchases and interest on their entire account balance, with rates depending on the plan they choose — Essential, Extra, or Everything. KOHO also offers interest-free credit building tools with no credit check, an interest-free cash advance option, and instant Interac e-Transfers, with eligible funds protected by CDIC up to $100,000.

Key Features

Prepaid Mastercard® with up to 2% cash back on everyday purchases like groceries, transportation, and food & drink
Up to 3.5% interest on your entire account balance, with no minimum balance and no caps
Credit Building tools with no credit check and no deposit — members average a +93 point score increase after 18+ months of on-time payments
Three paid plans — Essential ($0/mo), Extra ($12/mo), and Everything ($14.75/mo) — each with a 30-day free trial
New core plan, $0 monthly fee (https://www.koho.ca/core)
Instant Interac e-Transfers, physical (plastic or metal) and virtual cards, and CDIC-eligible protection up to $100,000 on funds placed in trust

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