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KOHO Contest: Enter to Win 10 Years of Groceries

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KOHO Contest: Enter to Win 10 Years of Groceries
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The KOHO ’10 Years of Groceries’ contest offers you the chance to receive $500 per month for 10 years, totaling $60,000, deposited directly into your KOHO account. The contest runs from June 15 to July 31, 2026. Every new user who opens and funds a KOHO account is automatically entered.

A Prize of $60,000

One winner will receive $500 per month for 120 months. The prize is paid monthly, not as a single lump sum. Over 10 years, this represents $60,000 to offset your grocery bill, a significant expense in Canadian household budgets.

How to enter the contest

No purchase is required. Opening a KOHO account and depositing funds gives you one automatic entry. You can then increase your chances:

  • Set up direct deposit: 10 additional entries (one time only);
  • Subscribe to a paid plan or an eligible product (Credit Builder, Cover, Crypto): 10 entries per product;
  • Refer someone who opens and funds a KOHO account: 10 entries per referral, with no limit.

Entries are cumulative. The more eligible actions you take, the better your chances.

KOHO concours 10 ans epicerie gratuite

Conditions to know

  • Open to residents of Canada who have reached the age of majority, including Quebec;
  • No purchase required to enter;
  • The prize is paid monthly, $500 per month for 120 months, and not as a single lump sum;
  • The winner must correctly answer a mathematical skill-testing question to claim the prize;
  • Odds of winning depend on the total number of eligible entries at closing.

The complete official rules are available at koho.ca/grocery. The contest ends on July 31, 2026, at 11:59 PM (Eastern Time).

KOHO Beyond the Contest

Beyond the contest, KOHO offers cash back on your everyday purchases, a high-interest savings account, and a credit-building program. Also discover the exclusive offer on the KOHO Extra prepaid card and our best credit cards for groceries. To compare all your options, check out our comparison of the best credit cards.

KOHO Prepaid Mastercard Extra Plan

KOHOCash Back
Annual fee
$144
Welcome offer
No current welcome offer
Apply Now

on KOHO's website

Special offer:

  • Enter the code KOHOMILES when applying for your card.
  • Get 3 months of Extra Plan for free ($18 off per month) and $20 cash back

The KOHO Prepaid Mastercard with Extra Plan (formerly KOHO Premium Prepaid Mastercard) gives you more cash back:

  • 1.5% on food, drinks, groceries, and transportation
  • 0.25% on all other purchases
  • Up to 5% cash back at selected partner merchants

Your funds earn 2.5% interest (calculated daily, paid monthly) and are protected by CDIC. The card is also accepted at Costco.

For your travels, take advantage of zero FX fees on foreign purchases.

Choose between two payment options for the Extra Plan:

  • $18/month, billed monthly
  • $144/year, billed annually (equivalent to $12/month)
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Only users who have successfully opened a new KOHO account are eligible for the offer. This offer is non-transferable and may only be used once per person. Offer does not apply to other KOHO offers or promotions. KOHO may, at its sole discretion, suspend, terminate or change the terms and requirements of the offer.

Annual fee

Primary card$144
Additional card$0

Annual income required

Individual$0
Household$0

Conversion fees

0%

Earning rate

  • 1.5xGroceries
  • 1.5xTransit
  • 1.5xGas & EV
  • 0.25xAll spending

Value

1st Year Value$101
2nd Year Value$81

To enter: open your KOHO account here and deposit funds before July 31.

Check out our other articles on groceries and save money at the checkout too:

KOHO Contest – Frequently Asked Questions

What is the prize for the KOHO contest?

One winner receives $500 per month for 120 months, totaling $60,000, deposited directly into their KOHO account.

How do I enter the KOHO contest?

Open a KOHO account and deposit funds before July 31, 2026. You will then be automatically entered. Direct deposit, a paid plan, and referrals add additional entries.

Is a purchase required to enter?

No. No purchase is required. Opening an account and depositing funds are sufficient to get one entry.

Is the contest open in Quebec?

Yes. The contest is open to residents of Canada who have reached the age of majority, including Quebec.

When does the KOHO contest end?

The contest ends on July 31, 2026, at 11:59 PM (Eastern Time).

How is the prize paid?

The prize is paid monthly, $500 per month for 120 months, and not as a single lump sum.


Find all current contests gathered on a single page, updated regularly.

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Primary card$120
Additional card$0

Annual income required

Individual$0
Household$0

Conversion fees

2.5%

Earning rate

  • 5xMarriott Bonvoy hotels
  • 2xAll spending

Value

1st Year Value$1,437
2nd Year Value$312

Travel insurance

Delayed BaggageUp to $500
Lost BaggageUp to $500
Flight DelayUp to $500
Hotel BurglaryUp to $500
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Extended Warranty+1 years
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