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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.
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.
No purchase is required. Opening a KOHO account and depositing funds gives you one automatic entry. You can then increase your chances:
Entries are cumulative. The more eligible actions you take, the better your chances.
The complete official rules are available at koho.ca/grocery. The contest ends on July 31, 2026, at 11:59 PM (Eastern Time).
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.
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:
Find all current contests gathered on a single page, updated regularly.
Savings this way:
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