Our verdict
KOHO Save works as a high interest savings account, earning a competitive interest rate of 2% your savings. You'll also earn cashback rewards on your purchases using a prepaid card. With no hidden fees, no account opening fee, no e-transfer fees, no minimum balance and no minimum deposits, KOHO Save is one of the top prepaid cards on the market today in Canada.
Best for: Those looking to not only earn interest but also cashback rewards.
- Earn 2% interest
- Earn CashBack rewards
- Get a prepaid card
- Unlimited Free transactions
- No minimum balance required
- Interest rate and account fee differs depending on your plan
- You'll need to load money onto your prepaid card
- KOHO is 100% online with no physical branches