KOHO Prepaid Mastercard® Everything Plan

Pros & Cons

Pros

No foreign transaction fees

Cons

High annual fee ($177/yr)
No airport lounge access despite fee

Our Review

The code EARNKOHO is applied automatically when you sign up through our KOHO link.

The KOHO Prepaid Mastercard with Everything Plan gives you more cash back:

Earn 2% cash back on eligible groceries, transportation, and food and drinks and 0.5% on other eligible purchases.

Up to 3.5% annual interest on eligible balances when you opt in to Earn Interest. The variable rate is calculated daily and paid monthly.

For your travels, enjoy zero conversion charges on foreign purchases and one free withdrawal per month from international ATMs.

The Everything plan costs $14.75 per month.

Rewards

All Spending

0.5%

cash back on eligible purchases

Gas

2%

cash back on eligible purchases

Groceries

2%

cash back on eligible purchases

Transit

2%

cash back on eligible purchases

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

Groceries2.00%

$700/month

Gas2.00%

$200/month

Transit2.00%

$100/month

Restaurants0.50%

$300/month

Pharmacy0.50%

$50/month

Travel0.50%

$150/month

Bills & recurring payments0.50%

$250/month

Telecom0.50%

$150/month

Entertainment & streaming0.50%

$100/month

Office supplies0.50%

$0/month

Search-engine & social-media advertising0.50%

$0/month

All other spending0.50%

$500/month

Cashback earned

$330

$/yr

Estimated Value

$330

After Fees

+$153

1st Year ValueThese figures are estimates from our own calculator, based on our point valuations and the spending you enter. They are not the card issuer's valuation and have not been provided or endorsed by the issuer. Actual rewards may vary.

$153

incl. welcome bonus

Annual rewards breakdown

Groceries$8,400/yr × 2.00%$168

Gas$2,400/yr × 2.00%$48

Transit$1,200/yr × 2.00%$24

Restaurants$3,600/yr × 0.50%$18

Pharmacy$600/yr × 0.50%$3

Travel$1,800/yr × 0.50%$9

Bills & recurring payments$3,000/yr × 0.50%$15

Telecom$1,800/yr × 0.50%$9

Entertainment & streaming$1,200/yr × 0.50%$6

All other spending$6,000/yr × 0.50%$30

Total annual spend$30,000

Monthly spend$2,500

Average earn rate on spend per year1.10%

Total cashback earned$330

Fees and interest rates

Annual Fee
$177
Additional card fee
$0
Foreign currency conversion fee
0%

Terms & Conditions

Card Features

The code EARNKOHO is applied automatically when you sign up through our KOHO link.

Features:

Earn 2% cash back on eligible groceries, transportation, and food and drinks and 0.5% on other eligible purchases.
Accepted at Costco
Up to 3.5% annual interest on eligible balances when you opt in to Earn Interest. The variable rate is calculated daily and paid monthly.
The Everything plan costs $14.75 per month.
Access the following features, exclusive to the Everything Plan:
- No FX fees on purchases
- 1 free international ATM withdrawal per month
- Credit enhancement for $5/month instead of $10
- Access all the features of a KOHO account such as Card Security, Goals, and RoundUps.
- Strengthen your credit with the 6-month Credit Enhancement Program for only $5/month and earn cash back with the KOHO Prepaid Mastercard Everything.
Eligible members may access a cash advance of up to $500 through the Cover bundle. The limit depends on eligibility. The bundle starts at $2/month. The standard price for the $500 tier is $30/month for eligible members. Eligibility criteria and Terms and Conditions apply.