Interest Rate
3.50%
Monthly Fee
CA$22
Welcome Bonus
$95 welcome bonus
Apply Now →on KOHO's website
Transaction limit:No foreign transaction fees
Minimum Deposit:CA$0
Interest Rate:
3.50%
Welcome Bonus: $95 welcome bonus
New members can receive a $20 cash bonus and a $75 cash rebate.
Monthly Fee:
CA$22
Minimum Deposit:
CA$0
Transaction Limits:
No foreign transaction fees
The KOHO Everything Plan is unique as it combines high-yield savings with cash back rewards, offering a 3.5% interest rate on savings. This account is particularly beneficial for those who can offset the subscription fee through daily spending rewards.
Pros:
- High interest rate
- Cash back rewards
Cons:
- Monthly subscription fee
In summary, the KOHO Everything Plan is ideal for individuals who frequently make purchases and can maximize cash back rewards, effectively offsetting the monthly fee while enjoying a competitive interest rate of 3.5% on their savings. This account is particularly well-suited for those looking for a blend of savings growth and rewards in their everyday spending.