KOHO
KOHO is a fintech wallet (prepaid visa) issued on Visa, rated 6.2/10 in our latest review. Below: what it costs and what it demands, the tiers the issuer publishes, and how the card cleared our live checkouts.
KOHO is the strongest fit for streaming and app store / play, and asks for ID + proof at signup — we carry it at low - established canadian prepaid visa programme with a genuinely free entry tier; prepaid, so spend is limited to the loaded balance; 1% cash back on groceries, transit and food and drink is confined to the core account and higher tiers are paid risk. Treat the fee rows as the deciding factor: a card that clears reliably but charges on every top-up costs more than its rating suggests.
Profile
| Issuer / category | KOHO · Fintech Wallet (prepaid Visa) |
| Official site | https://www.koho.ca |
| Best for | Streaming · App Store / Play |
| Network | Visa |
| Rating | 6.2/10 (3.0★, 322 data points) |
| Data quality | partial |
Costs and fees
| Card creation fee | Free on the Core account (no minimum balance, no credit check) |
| Monthly / annual fee | $0 on the Core account |
| Top-up (deposit) fee | not applicable (prepaid; funded by e-transfer or direct deposit) |
| FX / conversion fee | Standard FX rate applies to international sp… ··· |
Verification and risk
| KYC required | Yes (Canadian resident; identity verification; no credit check) |
| Risk level | Low - established Canadian prepaid Visa prog… ··· |
| AVS check | Yes (Canadian address) |
| 3-D Secure | Yes |
Funding and limits
| Crypto top-up | No |
| Bank transfer | Yes (e-transfer and direct deposit) |
| Alipay / WeChat Pay | No |
| Cards per account | One physical card plus a virtual card |
Billing
| Billing address | Canadian billing address |
| Billing country | Canada |
Platform compatibility
| Netflix / Spotify | Yes |
| App Store / Google Play | Yes |
What the issuer states on its own site
- With KOHO, you can earn up to 3.5% interest on your entire balance.
- You can earn up to 2% Cash Back on everyday spending categories like groceries, transportation, and food & drink.
- You can get an interest-free cash advance of up to $500 with our Cover bundle for as little as $2/month.
- All plans include a physical Choose from an oh-so-shiny metal card or classic plastic. and virtual Customize your virtual with our unique card designs. prepaid Mastercard, plus a 30-day free trial.
Source: https://www.koho.ca.
How it performed in our tests
We logged 218 cleared charges out of 307 attempts on 1 documented range for this brand. Counts include renewals, not just first charges.
Where to go next
Checkout guides built around this card
Category guides
Issuing country
Other Visa virtual cards
Frequently asked
What does KOHO cost to run?
The cost lines stack like this: issuing the card is free; the recurring charge is $0 on the Core account; top-ups cost not applicable (prepaid; funded by e-transfer or direct deposit); conversion is priced at Standard FX rate applies to international spend; no single figure published. Cash-out costs are what compound here, so weigh the recurring lines above the one-off fee.
Do I need to verify my identity for KOHO?
KOHO asks for ID + proof at signup. The check runs once when the account opens, not on each charge, and the issuer's own wording is: Yes (Canadian resident; identity verification; no credit check)
How can I fund KOHO?
You can fund it with bank transfer (e-transfer and direct deposit). Pick the one you can top up cheaply and repeatedly, because the load fee is charged every time.
Which billing address does KOHO need?
Setting it up: the billing address type is Canadian billing address; cards are issued against Canada; an AVS check is applied. Copy the address the issuer generates rather than retyping it. A transposed digit is the most common reason a working range starts failing.
Does KOHO work for subscriptions and AI tools?
We recorded successful charges for Netflix and Spotify, the App Store and Google Play. Where a card passes on one merchant and fails on another, the difference is usually the processor and the 3-D Secure setting rather than the card itself.
Will KOHO trigger 3-D Secure?
Yes. KOHO supports 3-D Secure, so expect a step-up prompt on larger or first-time charges. An OTP you can complete is fine; a challenge that never arrives is what kills the order, so keep the issuer app open at checkout.
How many cards can I open with KOHO?
The issuer allows One physical card plus a virtual card. Multiple numbers under one account is the practical pattern here: one per merchant, so a single block does not take the rest of your billing down with it.
How VCCFinder tests
VCCFinder buys cards at retail and charges them on live checkouts, then publishes the clear rate and decline reasons next to each range. Where a card declined, the reason sits on its BIN page rather than in a footnote here.