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Canadians are looking to get their finances back on track. How can we help?
With KOHO now available in French and English, you can help your clients and plan members take control of how they spend and save with a KOHO card through Canada Life.
This opportunity is available for group benefits and group retirement and savings clients and plan members.
What is KOHO?
KOHO isn’t a credit card. Think of KOHO as more of a spending account for your clients and plan members. It comes with the perks of a credit card, without any of the risk. Members load their own money into the card, so there’s no credit and no debt to worry about.
KOHO also comes with an accompanying app that gives members real-time insights and control over their spending.
There’s no cost to members or sponsors!
Since the KOHO card is pre-loaded with the members own money, there are:
No interest rates
No non-sufficient fund (NSF) fees
No monthly account fees
No minimum balance
No ATM fees
No maximum transactions
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