- 2%Cash back on groceries, dining, and transportation
- 0.5%Cash back on all other purchases
The KOHO Everything Mastercard offers new users a CA$20 cash back welcome bonus when they sign up, deposit funds, and make their first purchase within 30 days.
The KOHO Everything Mastercard is a premium prepaid card offering 2% cash back on essentials (groceries, food, transport), and 0.5% on other purchases.
What sets the KOHO Everything Mastercard apart is its combination of high cash back rewards and a competitive interest rate on savings, making it an excellent choice for those who want to maximize their spending power without incurring traditional credit card debt.
Pros:
- High interest on savings
- No foreign exchange fees
Cons:
- Monthly fee applies
- Prepaid card limits spending
The KOHO Everything Mastercard is well-suited for individuals who prioritize cash back rewards on their purchases and are looking for a convenient way to manage their spending while benefiting from a competitive interest rate on savings. However, potential users should consider the annual fee and their spending habits to ensure that the card aligns with their financial goals.