KOHO Credit Building Program
Build your credit history for $10/month with KOHO's Credit Building program — no debt required. Includes the KOHO prepaid Visa with cashback rewards.
Get StartedKey Features
Prepaid Visa
Card Type
Up to 5%
Cashback
$10/month add-on
Credit Building
Many Canadians
Users
What Can You Use KOHO For?
Build Credit From Scratch
Perfect for newcomers to Canada or young adults with no credit history.
Rebuild After Bad Credit
Establish a positive tradeline without the risk of taking on debt.
Daily Spending
Use the KOHO Visa for everyday purchases and earn cashback.
Budget Management
Track spending, set goals, and automate savings with the KOHO app.
Receive Paychecks Early
Get paid up to 3 days early with KOHO's early payroll feature.
Save Automatically
Set up roundups and automatic savings to build your emergency fund.
How to Get Started
Download the KOHO App
Get the KOHO app from the App Store or Google Play — it's free to download.
Create Your Account
Sign up with your personal details and verify your identity. No credit check required.
Load Funds
Add money to your KOHO account via direct deposit, e-Transfer, or bank transfer.
Start Earning & Building
Use your KOHO Visa for purchases, earn cashback, and optionally activate Credit Building.
Details & Rates
| Detail | Value |
|---|---|
| Basic Plan | Free |
| Credit Building Add-On | $10/month |
| Essential Plan | $4/month (includes credit building) |
| Extra Plan | $12/month (all features) |
| Cashback | 0.5% – 5% depending on plan |
| Credit Reporting | Equifax (monthly) |
Frequently Asked Questions
How long does it take to see credit improvement with KOHO?
Most users see their credit score start to improve within 3–6 months of consistent use. Building credit is a gradual process.
Can I cancel KOHO Credit Building?
Yes. You can cancel the Credit Building add-on at any time from the KOHO app with no cancellation fees.
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Editorial Note: Our content is reviewed by financial experts for accuracy. We may receive compensation from partner lenders, which does not influence our rankings or recommendations. Read our full disclosures
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