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  • Prepaid Card
  • No Foreign Transaction Fee
  • Accepted at Costco
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Best Prepaid Credit Card in 2023

Special Offer:

  • Enter the code MILESOPEDIA when you apply for your card
  • Get $20 in your KOHO account after the first purchase within the first 30 days

Features:

  • Earn an extra 2% cashback on eating & drinking, billing & services, and groceries on top of minimum 0.5% cash back on all purchases. Plus, receive up to 50% cash back at selected merchants.
  • Accepted at Costco
  • Earn 4% interest on both your spending and savings account. Your funds will also be eligible for CDIC insurance. Interest rates are annual, calculated daily, paid monthly and may be changed at any time without notice.
  • $22 per month billed monthly or $177 per year billed annually ($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 Complet.
    • Get access to a cash advance of up to $250 at 0% interest with KOHO Cover
Legal

Only users who have successfully opened a new KOHO account and made their first KOHO card purchase within 30 days of signing up are eligible for the offer and can claim the one-time $20 bonus in their KOHO account. 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 $177
  • Additional card $0
Annual Income Required
  • Individual $0
  • Household $0
Conversion fees
  • 0.00 %
Interest Rates
  • Purchase Rates
  • Cash Advance Rates
  • Balance Transfer Rates
Earning Rate
  • Groceries2%
  • Gas2%
  • Local Transport2%
Value
  • Year 1 $182
  • Year 2+ $162
Best For
Transfer Partners
  • Cash Back

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance
Best Prepaid Credit Card in 2023

Special offer:

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

Features:

  • Earn 1.5% cash back on 3 main spending categories (food, bills & services, meals and beverages) plus a minimum 0.25% cash back on all purchases.
  • Accepted at Costco
  • Earn 3% interest on your spending and savings account. Your funds will also be eligible for CDIC insurance. Interest rates are annual, calculated daily, paid monthly and may be changed at any time without notice.
  • $18 per month billed monthly or $144 per year billed annually ($12 per month)
  • No conversion fees on foreign purchases
  • 1 free international ATM withdrawal per month
  • Credit enhancement for $7/month instead of $10
  • Access all KOHO account features such as Safe, Goals and Rounding Amounts
  • Get access to a cash advance of up to $250 at 0% interest with KOHO Cover
Legal

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
  • 0.00 %
Interest Rates
  • Purchase Rates
  • Cash Advance Rates
  • Balance Transfer Rates
Earning Rate
  • Groceries1.5%
  • Gas1.5%
  • Local Transport1.5%
Value
  • Year 1 $128
  • Year 2+ $81
Best For
Transfer Partners
  • Cash Back

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance

Special offer:

  • Enter the code MILESOPEDIA when you apply for your card
  • Earn a $20 cash bonus when you sign up for a KOHO account with our link and make your first purchase within 30 days of registration

Features:

  • Get 1% cash back on groceries, meals, drinks and transportation
  • Accepted at Costco
  • Earn 2.5% interest on your spending and savings account. Your funds will also be eligible for CDIC insurance. Interest rates are annual, calculated daily, paid monthly and may be changed at any time without notice.
  • $4 per month billed monthly or $48 per year billed annually
  • Access all KOHO account features such as Safe, Goals and Rounding Amounts
  • Get access to a cash advance of up to $250 at 0% interest with KOHO Cover
Legal

Only users who have successfully opened a new KOHO account and made their first KOHO card purchase within 30 days of signing up are eligible for the offer and can claim the one-time $20 bonus in their KOHO account. 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 $48
  • Additional card
Annual Income Required
  • Individual $0
  • Household $0
Conversion fees
  • 1.5 %
Interest Rates
  • Purchase Rates
  • Cash Advance Rates
  • Balance Transfer Rates
Earning Rate
  • Groceries1%
  • Local Transport1%
  • All Spending0.00%
Value
  • Year 1 $104
  • Year 2+ $84
Best For
Transfer Partners
  • Cash Back

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance
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