Reviews
KOHO Visa Prepaid Card full review: should you get it?
The KOHO Visa Prepaid Card is a rare prepaid option that offers a rewards program and the ability to control all your finances. Learn more about it in this full review!
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KOHO Visa Prepaid Card: the power to decide your limit and have full control over your finances

A prepaid card with benefits you can only find on premium credit cards. In fact, the KOHO Visa Prepaid Card is an option that stands out in the market. Then you need to get to know him.
Below, check out a full review of this great tool for financial management, unlike anything you’ve ever seen.
KOHO Visa Prepaid Card: check out how to apply!
Get 0.5% cashback on a prepaid card that lets you build your credit and control all your finances. Learn how to apply for the KOHO Visa Prepaid Card.
| Credit Score | Bad (300-559) |
| Annual Fee | $0 |
| Regular APR | 0% |
| Welcome bonus | None |
| Rewards | 0.5% cashback on all purchases |
KOHO Visa Prepaid Card: learn more about this financial product
Like all prepaid cards, KOHO Visa does not offer a fixed “credit” limit. In fact, this card model works through a “recharge” system. So, the bigger your deposits, the more money you have to use and make purchases.
In fact, this feature is excellent for those who do not want to generate debt and want to avoid credit card interest. That way, you can define what your limit will be and thus have full control of your finances.
However, this is certainly not the main advantage of the KOHO Visa Prepaid Card. In most cases, those who opt for this card are really interested in the cashback program.
In fact, this type of reward is extremely uncommon on prepaid and insurance cards. This is precisely why this KOHO card attracts so much attention. With this one, you will earn 0.5% on all purchases.
When shopping at partner stores, your rewards can be even greater. In all, this program has 24 partner stores. Below are the ones that pay the highest percentage of cash back:
- Buffalo David Bitton (5%);
- Baskin Robbins (5%);
- Frank and Oak (5%);
- Kernels (6%);
- Attitude (5%);
- Contiki (5%).
Plus, with the help of a friend, your rewards can grow even more. If you bring someone into the KOHO family, you and the guest earn a 1% surcharge for 90 days. In addition, this card allows your deposited money to work for you.
That’s because your “card limit” automatically earns 1.2% per month. Finally, this card has a below-average rate for transfers abroad. While Canada’s top prepaid cards charge 2.5%, the KOHO Visa prepaid card only charges 1.5%.
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KOHO Visa Prepaid Card features

That KOHO family cards are innovative, you already know. In fact, they all dare to offer unusual features for each card category. However, to decide whether to buy the KOHO Visa, take a look at the good and bad parts of owning this card:
What are the benefits?
- Cashback program;
- You are in control to decide what your limit is;
- With this card, it is impossible to create new debts;
- If you attempt to make a purchase and have no funds, you will not be penalized (some prepaid cards charge up to $45 per unsuccessful purchase attempt);
- Accepts candidates with bad credit.
What are the drawbacks?
- If you want your payments reported to the credit bureaus, you must pay the $7 monthly fee. These features are usually free;
- To “activate” the cashback program, an initial deposit of at least $500 is required;
- If you want to use this card at ATMs abroad, be prepared to pay US$2 to US$3 per transaction;
- No welcome bonus.
What credit score do you need to get the KOHO Visa Prepaid Card?
In fact, the KOHO Visa card is a barrier-free card for new applicants. That way, you can apply even with bad credit. If you have a score between 300 and 559, you will likely be accepted.
How does the KOHO Visa Prepaid Card application process work?
You can apply for your KOHO Visa card without leaving your home. To clear all your doubts about the application process, we have prepared an exclusive article. To read, just click on the link below.
KOHO Visa Prepaid Card: check out how to apply!
Get 0.5% cashback on a prepaid card that lets you build your credit and control all your finances. Learn how to apply for the KOHO Visa Prepaid Card.
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