Currently, your Koho account can only be linked to one Mastercard prepaid card. In fact, Koho works entirely in partnership with Mastercard and Peoples Trust.

Your Koho Prepaid Mastercard won’t function like a “credit card” in the traditional sense, since you can only make purchases up to the amount you’ve previously loaded onto it. However, when you use your Koho Prepaid Mastercard for transactions, you’ll indeed be using it in the “credit” option. This setup ensures you’re spending money you already have, avoiding the pitfall of debt while still enjoying the convenience and security of a credit card-like experience.

KOHO prepaid Mastercard offers four versions with varying benefits and fees. The Easy version has no fees and provides 1% cash back on groceries and transportation, along with a 0.5% interest rate. The Essential version, starting at $4/month, offers 1% cash back on more categories and higher interest rates. The Extra version, from $9/month, boosts cash back to 2% on select categories and offers higher interest rates. The Everything version, starting at $19/month, offers the highest cash back, interest rates, and additional benefits.

The Koho Prepaid Mastercard comes in four plans: Easy, Essential, Extra, and Everything. The Easy plan is free, offering 1% cashback on groceries and transportation, with 3% interest on your entire balance and no monthly fees. Essential starts at $4/month, providing 1% cashback on groceries, transportation, food, and drink, and 5% interest on your entire balance, plus a 30% discount on Credit Building. Extra begins at $9/month, offering 2% cashback on the same categories, 5% interest, and no foreign transaction fees. Everything starts at $19/month, with 2% cashback, 5% interest with no limits, 50% off Credit Building, no foreign transaction fees, and real-time e-Transfers.