KOHO Extra Mastercard
2.6/5
Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Finly factors in all the reward limits and fine prints of every single credit card.
Your Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$2,000
Restaurant, Fast Food & Coffee Shop
$
Grocery
$
Recurring Purchases (Bills, Subscriptions, Rent via Chexy)
$
Gas
$
Transportation
$
Entertainment (Movies, Concerts, etc.)
$
Foreign Purchases (Non $CAD)
$
Travel (Flights, Hotels, etc.)
$
Pharmacy
$
Online Shopping
$
Home Improvement (Renovation, Furniture)
$
Purchases at Canadian Tire, Sport Check, Lquipeur, Atmosphere, Party City, SportsRousseau, HockeyExperts, LentrepduHockey
$
Other Purchases Not Specified
$
Card Details
Based on $2,000 spending
First Year Value
$151.79
$151.79 in years after
Annual Rewards
$259.79
First Year Bonus
$0
Annual Fee
$108
First Year Value
$151.79
Interest Rates
Cash Advance: N/A
Purchase: N/A
Annual Fee
$108
Annual Income
Personal: N/A
Household: N/A
Credit Score
Poor
Welcome Bonus
N/A
Card Type
Prepaid
Our Rating
2.6/5
Institution
KOHO
Rewards
- 2% cashback on groceries, Transportation, eating and drinking
- 0.5% cashback on everything else
KOHO Extra Mastercard Cash Back Calculator
Based on $2,000 spending
Rewards Ranking
Rewards Breakdown
Groceries, Food and drinks, Transportation
$183.72
All other purchases
$74.07
Annual Fee
- $108
Net Annual Rewards
$151.79
(after fees)
Rewards Summary
Net Annual Rewards
$151.79
(after fees)
First Year Card Bonus
$0
First Year Card Value
$151.79
Insurance & Benefits
Insurance
Coverage
Benefits
Details
No Foreign Transaction Fees
Unlimited e-Transfers
Discount
$3 discount on credit building each month
Interest on Balance
5% interest on your entire balance
Pros & Cons
Pros
- Great prepaid card with very solid benefits.
- Can earn rewards on a prepaid card, which is usually not offered on these types of cards.
Cons
- A monthly fee that needs to be considered to determine if it's worth the benefits you get access to or not.
- For building credit, there are better alternative options.