Annual fee
CA$144
Rewards rate
1.5%-0.25%
Welcome Bonus
CA$20 cash bonus
Apply Now →on KOHO's website
- 1.5%Cash back on groceries, transportation, and dining
- 0.25%Cash back on all other purchases
Welcome Bonus:
Get CA$20 when you successfully register and fund your account.
Reward Rate:
Earn cash back on groceries, transportation, and dining.
A key differentiator is its combination of cash back rewards and high interest on balances, making it a unique option for those who want to maximize their spending and savings simultaneously.
Pros:
- No foreign transaction fees
- High interest on balance
Cons:
- Monthly fee applies
- Limited cash back categories
The KOHO Extra Mastercard may be suitable for individuals seeking a credit card that offers a blend of cash back rewards and competitive interest rates on balances. With its annual fee and reward structure, it could appeal to those who prioritize both spending rewards and the opportunity to earn interest on their funds.