Banking

KOHO Referral Code - Get a $40 Sign-Up Bonus

Smart spending account that helps you save automatically

New KOHO customers who sign up using referral code KOHOBONUS40 and complete their first $20 purchase will receive a $40 cash bonus — double what you spent just to qualify. The bonus is credited to your KOHO balance within a few days and can be spent anywhere Visa is accepted.

How to Claim Your KOHO Referral Bonus

1. 1Click the sign-up link below
2. 2Download the KOHO app and create your account
3. 3Enter referral code KOHOBONUS40 during sign-up
4. 4Make your first $20 purchase to receive the $40 bonus

KOHO Key Features

• Free prepaid Visa card
• Automatic savings on every purchase
• Cash back at partner merchants
• No hidden fees
• Instant spending notifications

About KOHO

KOHO is a Canadian fintech company offering a free prepaid Visa card and app that makes it easy to budget and save. The KOHO app automatically sets aside a percentage of every purchase as savings, tracks your spending by category, and offers cash back at hundreds of Canadian merchants. With no hidden fees and a beautiful app experience, KOHO is perfect for anyone looking to take control of their finances.

Frequently Asked Questions — KOHO Referral Code

What is the KOHO referral code?

The KOHO referral code is KOHOBONUS40. Enter this during sign-up and make your first $20 transaction to receive a $40 cash bonus.

Is KOHO a real bank account?

KOHO is not a traditional bank but operates as a prepaid Visa card and spending account. Funds loaded onto KOHO are held by a federally regulated Canadian bank, providing CDIC deposit protection.

How long do I have to make my first $20 transaction with KOHO?

You typically have 30 days from sign-up to make your first $20 transaction and qualify for the $40 referral bonus. Check current terms at koho.ca for the latest details.

Can I use KOHO everywhere?

Yes, the KOHO Visa card is accepted anywhere Visa is accepted in Canada and internationally, including online purchases.

Does KOHO charge monthly fees?

KOHO's basic account has no monthly fees. They do offer premium plans (KOHO Extra, KOHO Everything) with additional features for a monthly fee, but the free tier is fully functional.

Does KOHO help with saving money?

Yes. KOHO has a built-in automatic savings feature that rounds up or sets aside a percentage of every purchase into a savings vault. The KOHO app also shows a spending breakdown by category, helping you identify where your money is going.

Is KOHO available in all Canadian provinces?

Yes, KOHO is available to residents of all Canadian provinces and territories. You must be the age of majority in your province to open an account.