Complete Guide: Koho Card Customer Service

Everything You Need to Know About Koho Card Customer Service in 2022

Koho presently supplies the best pre-paid Mastercard charge card in Canada, with absolutely no fees (including no hidden fees), the ability to earn money back on all purchases, along with a hassle-free option of various other cost-free and also paid tools in a hassle-free online site that aids Canadians take control of their finances with real-time insights about investing, credit rating health and even more.

Who is Koho?

Koho is a financial institution in Toronto, Ontario that supplies their solutions both as a physical, reloadable, no-fee mastercard and also a convenient and also well designed application that offers various other integrated individual finance tools in addition to additional optional financial product or services. Their services are developed to assist all Canadians better conserve, spend, and budget plan their cash like a pro.

Click on this link to get $20 cashback when you sign up for a Koho account and make your initial card purchase within one month

Does Koho Fee Charges?

No. Koho does not bill fees. Utilizing the Koho Prepaid Mastercard is entirely free. Unlike many various other popular competitors, there are no month-to-month fees, as well as no fees to pack funds onto the card. Note: Koho does bill international transaction costs, if using their card to make purchases in foreign money. However, they supply an optional costs service with a regular monthly fee that can waive these fees for people that perform a great deal of international transactions on their Mastercard. Unlike most pre-paid charge card, there are additionally no charges for taking out money from an atm machine. Furthermore, you can likewise send out limitless Interac Etransfers completely free. Remarkably there is likewise no NSF fees billed by Koho.

Does Koho Deal Cash-Back?

Yes. Koho uses a base rate of 0.5% cashback on all acquisitions made with the Koho Card. Declaring this cash money back is easy, as you can squander your profits in just a couple of clicks whenever as well as wherever. Likewise, Koho provides a month-to-month subscription solution called Koho Premium which allows you to earn 2% cash back on all your day-to-day important acquisitions.

Just How Can I Add Funds to my Card?

Packing cash onto your Mastercard is exceptionally simple. This can be done with Interac Etransfer, to ensure that funds are available to spend on the Mastercard quickly. No awaiting days for repayments to clear the bank. In addition, the card can be loaded with an existing visa debit card. In addition, you can also set up your pay-roll direct down payment to make sure that your pay cheque is transferred directly onto your Koho card. This unlocks a higher interest rate on savings, as well as unlocks other premium features within the Koho application.

Are my Funds Safe With Koho?

Funds contributed to your Koho card are CDIC insured, thanks to Koho partnering with Individuals’s Trust, a federally regulated Canadian bank. Your Koho card is also covered by Mastercard’s Absolutely no Liability policy, which shields you in the case of unsanctioned card usage.

What Attributes Are Consisted Of in Koho Costs?

For $9 per month, Koho clients can register for the optional Koho Premium Service. This permits you to earn 2% cash back on all groceries, transport as well as eating and drinking, and also 0.5% base price cashback on every little thing else. Koho Premium additionally waives foreign purchase costs, and unlocks 1 complimentary international ATM withdrawal per month. Premium users additionally receive a special premium physical card, which Koho calls a snappy new vertical design.

Does Koho Build my Credit Report?

Because this is a prepaid Mastercard, there is no credit report check to acquire one. You can only invest what you’ve loaded onto the card. You never ever have an equilibrium because of settle, so applying for as well as utilizing the card does not affect your credit rating. For Canadians thinking about developing their credit report, Koho provides an innovative Credit report Contractor item. By paying $7 monthly, Koho will certainly report positive credit rating info to Transunion and Equifax that can enhance your credit rating. This product is definitely worth taking a look at, as it even permits you to pick the credit scores usage percentage to report each month.

Finally, the Koho Prepaid Mastercard is by far the most effective reloadable Mastercard available in Canada. With their no-fee costs, immediate cash-back on everyday purchases, and also cutting-edge app and online site, it is a wonderful choice to aid you take control of your funds.