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Card Details
Interest Rates
Purchase: N/A
Cash Advance: N/A
Annual Fees
Main Card: $0
Additional Cards: $0
Annual Income
Personal: N/A
Household: N/A
Credit Score Estimate
300Poor
560Fair
660Good
725Very Good
760Excellent
Welcome Bonus
N/A
Finly Rating
3.8/5
Institution
KOHO
How You Earn Rewards
- 1% cash back on groceries, eating and drinking, and transportation
- 2% interest on your entire balance
- Up to 6.5% extra cash back at selected merchants
Rewards Breakdown
Rewards Summary
Point Redemptions
Redemption Method
Net Value (After Annual Fee)
Insurance & Benefits
No insurance coverage information available for this card.
Benefits
Details
Unlimited e-Transfers
Interest on Balance
Up to 2% interest
Pros & Cons
Pros
- No credit check: Ideal for people looking for a prepaid option without impacting their credit score.
- Interest on balance: You can earn up to 2% interest on your prepaid balance, turning it into a hybrid spending/savings tool.
- No annual/monthly fee
Cons
- Low rewards: Only 1% cash back on three categories (groceries, restaurants, and transportation) and nothing on other purchases.
- Limited benefits: No insurance coverage, and the rewards are modest compared to standard credit cards.