The KOHO Prepaid Mastercard is one of the best prepaid cards in Canada. It offers up to 50% cash back on purchases at KOHO partner stores and 2.50% interest on your balance for the Extra plan. A KOHO account also includes unlimited debit transactions, eTransfers, and bill payments. Users get access to a free budgeting app.
Optional services and features include rent reporting to grow your credit score, cash advances up to $250, a low-fee credit-building service, no FX fees, and more.
This top-rated prepaid Mastercard includes a $40 welcome bonus when you fund your account and make at least one purchase of any amount. Use our promo code “GETCASH” when signing up.
