KOHO

KOHO Prepaid Mastercard® Everything Plan

MastercardCashback

Compare

on KOHO's website

Annual Fee

$177

Welcome Bonus

—

Bonus Value

—

Estimated value

1st Year Value

$182

✓

Pros

✓No foreign transaction fees

✗

Cons

✗High annual fee ($177/yr)
✗No airport lounge access despite fee
✗No purchase protection

Our Review

Special offer:

Enter the code EARNKOHO when applying for your card.
Get 2 months of the Everything Plan for free

The KOHO Prepaid Mastercard with Everything Plan gives you more cash back:

2% on food, beverages and bills
0.5% on all other purchases
Up to 5% cash back at selected partner merchants

Your funds earn 3.5% interest (calculated daily, paid monthly) and are protected by CDIC. The card is also accepted at Costco.

For your travels, enjoy zero conversion charges on foreign purchases and one free withdrawal per month from international ATMs.

Choose between two payment options for the Everything Plan:

$22/month, billed monthly
$177/year, billed annually (equivalent to $14.75/month)

Rewards

All Spending

0.5x

Cashback pts per dollar

Gas

Groceries

Transit

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

Gas2x

$300/month

Groceries2x

$400/month

Transit2x

$140/month

Restaurants0.5x

$160/month

Telecom0.5x

$300/month

All other spending0.5x

$700/month

Points Earned

27,120

Cashback/yr

Estimated Value

$271

After Fees

+$94

1st Year Value

$94

incl. welcome bonus

Annual rewards breakdown

Gas$3,600/yr × 2x

7,200 pts

Groceries$4,800/yr × 2x

9,600 pts

Transit$1,680/yr × 2x

3,360 pts

Restaurants$1,920/yr × 0.5x

960 pts

Telecom$3,600/yr × 0.5x

1,800 pts

All other spending$8,400/yr × 0.5x

4,200 pts

Total annual spend$24,000

Monthly spend$2,000

Average earn rate1.13x

Total points earned27,120 pts

Terms & Conditions

Card Features

Special offer:

Enter the code EARNKOHO when applying for your card.
Get 2 months of the Everything Plan for free

Features:

Earn an extra 2% cashback on eating & drinking, billing & services, and groceries on top of minimum 0.5% cash back on all purchases. Plus, receive up to 50% cash back at selected merchants.
Accepted at Costco
Earn 3.5% interest on both your spending and savings account. Your funds will also be eligible for CDIC insurance. Interest rates are annual, calculated daily, paid monthly and may be changed at any time without notice.
$22 per month billed monthly or $177 per year billed annually ($14.75 per month)
Access the following features, exclusive to the Everything Plan:
- No FX fees on purchases
- 1 free international ATM withdrawal per month
- Credit enhancement for $5/month instead of $10
- Access all the features of a KOHO account such as Card Security, Goals, and RoundUps.
- Strengthen your credit with the 6-month Credit Enhancement Program for only $5/month and earn cash back with the KOHO Prepaid Mastercard Complet.
- Get access to a cash advance of up to $250 at 0% interest with KOHO Cover

Legal

Only users who have successfully opened a new KOHO account and made their first KOHO card purchase within 30 days of signing up are eligible for the offer and can claim the one-time $20 bonus in their KOHO account. This offer is non-transferable and may only be used once per person. Offer does not apply to other KOHO offers or promotions. KOHO may, at its sole discretion, suspend, terminate or change the terms and requirements of the offer.

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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 KOHO. All trademarks are property of their respective owners.

Our Review

Special offer:

Enter the code EARNKOHO when applying for your card.
Get 2 months of the Everything Plan for free

The KOHO Prepaid Mastercard with Everything Plan gives you more cash back:

2% on food, beverages and bills
0.5% on all other purchases
Up to 5% cash back at selected partner merchants

Your funds earn 3.5% interest (calculated daily, paid monthly) and are protected by CDIC. The card is also accepted at Costco.

For your travels, enjoy zero conversion charges on foreign purchases and one free withdrawal per month from international ATMs.

Choose between two payment options for the Everything Plan:

$22/month, billed monthly
$177/year, billed annually (equivalent to $14.75/month)

Terms & Conditions

Card Features

Special offer:

Enter the code EARNKOHO when applying for your card.
Get 2 months of the Everything Plan for free

Features:

Earn an extra 2% cashback on eating & drinking, billing & services, and groceries on top of minimum 0.5% cash back on all purchases. Plus, receive up to 50% cash back at selected merchants.
Accepted at Costco
Earn 3.5% interest on both your spending and savings account. Your funds will also be eligible for CDIC insurance. Interest rates are annual, calculated daily, paid monthly and may be changed at any time without notice.
$22 per month billed monthly or $177 per year billed annually ($14.75 per month)
Access the following features, exclusive to the Everything Plan:
- No FX fees on purchases
- 1 free international ATM withdrawal per month
- Credit enhancement for $5/month instead of $10
- Access all the features of a KOHO account such as Card Security, Goals, and RoundUps.
- Strengthen your credit with the 6-month Credit Enhancement Program for only $5/month and earn cash back with the KOHO Prepaid Mastercard Complet.
- Get access to a cash advance of up to $250 at 0% interest with KOHO Cover