Reviews
KOHO Premium Visa Prepaid Card: check out how to apply!
Learn how to have an excellent cashback card even with a not-so-great credit score. Read this article and get to know the KOHO Premium Visa Prepaid Card.
Advertisement
by José Gonçalo
KOHO Premium Visa Prepaid Card: 0% foreign transfer fee and excellent price protection program
A card that accepts people with bad credit and pays 2% cashback on select categories. Indeed, these are two good enough reasons to convince you to apply for the KOHO Premium Visa Prepaid Card.
So, read this article and learn how!
How to apply on the website
To apply for the KOHO Premium Visa Prepaid Card, you do not need to declare a minimum income. Also, even if you have bad credit, it won’t be a problem. So, to sign up, go to KOHO’s official website and click “Learn More” on the Premium Card ad. Then click “Start 30-day free trial”.
You will then be asked to fill out a short form with basic identifying information. Finally, there will be a field where you can enter promotional codes if you have any. They usually give special conditions to KOHO Premium Visa Prepaid Card customers.
Therefore, we recommend that you do a search for any of these codes before completing this process. When submitting your form, you will receive a message on your cell phone. The code submitted there will be used to continue your application.
As there are not many barriers to accessing this card, it is very likely that you will be automatically accepted.
You will be redirected to another website
How to apply using a mobile app
KOHO also accepts apps directly from your mobile. So you can sign up wherever you are. To do this, simply download the “KOHO Financial” app. In fact, the application process is the same as on the website. So you won’t have any difficulties. In addition to an app, the KOHO app is excellent for managing your accounts.
Among other functions, it allows you to view your purchase history, check your credit score and organize your budgets.
KOHO Premium Visa Prepaid Card vs. BMO eclipse Visa Infinite Card: choose which one is best for you
When we talk about new card options for Canada, it’s impossible not to compare them with BMO’s options. This company has been consolidated in the market here for years and it is not for less. However, that doesn’t mean that a company less than two years old like KOHO can’t surprise.
In fact, KOHO entered the market with a young and very daring proposal and has already conquered many customers. Therefore, we decided to compare similar card options from these two companies. Who did better? See the table below and draw your own conclusions:
KOHO Premium Visa | BMO eclipse Visa Infinite | |
Credit Score | Bad onwards (300 or more) | Good (above 650) |
Annual Fee | $84 or $9 monthly ($0 for the first month) | $0 in the first year, $120 in the following years |
Regular APR | 0% | 20.99% |
Welcome bonus | None | 60,000 free reward program points |
Rewards | 2% cashback on food purchases (supermarket and restaurants) and transport (gasoline, Uber and others); 0.5% in all other categories | 5x points for every $1 spent on grocery shopping, dinners, gas and transit costs; 1 point for every $1 spent on all other purchases |
Do you like BMO eclipse Visa Infinite? So, take a look at an exclusive article about this card and find out if this one should be your card.
BMO eclipse Visa Infinite card: check out how to apply!
Learn how to apply for the BMO eclipse Visa Infinite card and gain access to one of Canada's best credit card reward programs.
José Gonçalo
Trending Topics
Avant personal loan: find out how to apply!
Apply for the Avant personal loan and enjoy exclusive advantages: cash in your account in one day, credit building, and much more.
Keep ReadingWhen will gas prices go down in the US: understand the factors involved
When will gas prices go down? Understand why we're paying the most expensive gas in recent times and what we can expect in the coming months.
Keep ReadingWells Fargo Reflect℠ Card: check out how to apply!
0% APR and $600 as insurance for your cell phone: learn how to apply for your Wells Fargo Reflect℠ credit card for these and other benefits.
Keep ReadingYou may also like
Citi Simplicity® Card: check out how to apply!
Apply to Citi Simplicity® Card, a credit card that combines extended periods of 0% intro APR, fee waivers, and more benefits. Check it out!
Keep ReadingInterest rates on savings accounts may be low, but you can still save money
Understand what is behind the low interest rates on savings account and how you can benefit even in this scenario.
Keep ReadingDiscover it® Secured card: check out how to apply!
Apply for the Discover it® Secured card and build your credit score with no annual fee and double your earned rewards. Learn more here!
Keep Reading