https://wealthnorth.ca/banking/bank-reviews/koho/Recent content in KOHO Review 2026 | Free Spending & Savings Account Canada on WealthNorthHugo -- gohugo.ioen-caSun, 03 May 2026 22:31:06 -0400https://wealthnorth.ca/banking/bank-reviews/koho/credit-building/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/koho/credit-building/KOHO’s Credit Building feature is its most distinctive offering in the Canadian fintech market. It reports a monthly instalment loan to Equifax — generating positive payment history without a hard credit check, without a credit card application, and without a deposit. For newcomers to Canada, students, and anyone rebuilding a damaged credit file, this fills a gap that most financial products do not address. The feature does not require you to borrow or spend any money.https://wealthnorth.ca/banking/bank-reviews/koho/customer-service/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/koho/customer-service/KOHO customer service is available through in-app live chat and email only — there is no phone number. This is the most significant service limitation compared to traditional banks. For urgent situations such as a lost or stolen card, the in-app card freeze is your first line of defence. KOHO Contact Options Channel Contact Hours In-app live chat KOHO app → Help → Chat Mon–Fri 9:00 AM–5:00 PM ET (approx.) Email / support ticket support.https://wealthnorth.ca/banking/bank-reviews/koho/e-transfer-limit/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/koho/e-transfer-limit/KOHO supports Interac e-Transfer for both loading funds and withdrawing funds. The standard send limit is $3,000 per transaction and $10,000 per day — the Interac network standard. Instant outgoing e-Transfers are available on Extra, Everything, and Premium plans. The Essential (free) plan may use standard non-instant sending. Loading money onto KOHO primarily happens via e-Transfer from a linked bank account or via direct deposit from an employer or government.https://wealthnorth.ca/banking/bank-reviews/koho/fees/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/koho/fees/KOHO’s fee structure depends on which plan you choose. The free Essential plan has no monthly charge and no transaction fees, but offers minimal savings interest (0.5%) and basic cashback (0.5%). Paid plans unlock higher rates, credit building, joint accounts, and on Premium, a zero FX fee. There are no NSF fees — the prepaid model declines transactions that exceed your balance instead of allowing overdraft. KOHO Plan Fees Plan Monthly Fee Annual Cost Essential $0 $0 Extra $4 $48 Everything $9 $108 Premium $19 $228 Full Feature & Fee Comparison by Plan Feature Essential Extra Everything Premium Monthly fee $0 $4 $9 $19 Savings interest 0.