KOHO Extra Prepaid Mastercard

Welcome Bonus

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Annual Fee

$108

Annual Rewards

$480

$24,000 annual spending x 2% return on spending = $480 annual rewards

Rewards on Approval

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Interest rates

Purchase Rates

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Cash Advance Rates

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Balance Transfer Rates

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Table of Contents

Are you looking for more control over your money? The KOHO Extra Prepaid Mastercard is an excellent option for those wanting to save more and spend less. With this card, you can create budgets that work for you, track your spending habits, and get rewards and benefits. Let’s look at how the KOHO Extra Prepaid Mastercard can help you better manage your finances.

Pros

  • No Credit Check Required
  • 2% cash back on groceries, transportation, food, and drink, 0.5% cash back on all other purchases
  • Up to 6% extra cash back at selected merchants
  • 4.5% interest on your first $1,000 and 3% on anything after that
  • No foreign transaction fees
  • $0 fraud liability guarantee

Cons

  • Some companies or merchants do not accept prepaid card
  • Does not offer travel insurance or emergency assistance
  • Limited Customer Service Options

Details & Eligibility

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  • $108
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  • Mastercard
  • Yes
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Features of KOHO Extra Card

The most attractive feature of the KOHO Extra Prepaid Mastercard is the cashback rewards program. With every purchase made using the card, users automatically earn at least 0.5% cash back ( and upto 6% cash back at selected merchants) on all purchases – no matter what they buy or where they shop! Cash back earned can be used to purchase items from participating merchants or even withdrawn in cash from an ATM. That’s right – you can earn extra money just by spending money! Another great feature of the KOHO card is its budgeting tools. Through their app, users can track their spending in real-time and set up customized budgets to help better manage their finances. This allows users to keep an eye on their expenses, so they never overspend. Plus, it has features such as “round-ups,” which round up every purchase made to the nearest dollar and put that extra amount into a separate savings account. KOHO also offers excellent security features to protect users’ accounts from fraudulent activity. All transactions made with the card are monitored 24/7, and suspicious activity will be flagged immediately and reported to Mastercard for investigation. In addition, all transactions made online require two-factor authentication – an extra layer of security which requires customers to enter both a PIN and a one-time code sent via text message before any purchases can be completed.

Conclusion:

The KOHO Extra Prepaid Mastercard is an excellent way for people who want more control over their finances while still enjoying the same convenience of using credit cards without having to worry about debt accumulation or overspending issues. It offers some incredible features, such as cashback rewards programs, budgeting tools, and robust security measures, making it one of Canada’s leading prepaid cards today! If you’re looking for an easy way to manage your money better and get more out of it, consider getting a KOHO Extra Prepaid Mastercard today!
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