KOHO Referral Code 2026: 3 Months of Everything Plan Free

The requirements listed above are taken from KOHO’s official offer terms, checked on Oct 11, 2026. Offers can change, so confirm the terms there before you apply.

A KOHO referral code does not come with a cash bonus for the person signing up. What KOHO’s own referral page promises a new member is a free stretch on its top paid plan, and this page sets out the exact conditions, the bill that follows the free months, and how the offer stacks up against a cash referral. The page is general education, not financial advice.

KOHO referral offer at a glance

What does a new member get with a KOHO referral code?

A new member who signs up with a KOHO referral code gets 3 months of the Everything plan free, which KOHO values at $66. That value is a waived plan fee rather than money in the account: $66 is three months of Everything at its $22 a month monthly-billing price.

What the plan adds during those months, per KOHO’s plan pages:

• 2% cash back on groceries, transportation, and food and drinks, and 0.5% on all other purchases.
• 3.5% interest on the whole balance, after opting in to Earn Interest.
• A card with no foreign transaction fees.

Without a referral, KOHO offers a free 30-day trial on its plans, so the code’s real effect is a longer trial of the most expensive plan. Full plan details are in YieldMaple’s KOHO review.

How does the KOHO referral offer work, step by step?

The offer works in three parts: register through a member’s link, verify the account, and make one purchase of at least $20 within 30 days.

1. The link. A referral code belongs to an existing member, who finds it under the gift icon in the KOHO app. KOHO says the code is applied automatically when you sign up through the invitation link, or typed in at the step where you verify your phone number.
2. Verification. The new member completes KOHO's ID verification process.
3. The purchase. The account needs money in it first, since the card is a prepaid Mastercard issued by KOHO Financial Inc.. The qualifying purchase can be made online or in person, with the physical or the virtual card, so there is no need to wait for a card in the mail.
4. The reward. KOHO applies the Everything plan within 7 days after the steps are complete.

The purchase has to be a single transaction: KOHO’s help centre says a single purchase under $20 does not trigger the reward. If the code is not applied automatically, KOHO says it can be added at the phone-verification step. Registering at KOHO's website or in the app with no code attached is a regular sign-up, and KOHO’s help centre is blunt about the result: the account is not connected to the referrer and no reward is issued.

Who does not qualify for the KOHO referral reward?

Anyone who has held a KOHO account before does not qualify, because KOHO’s referral contest FAQ says the referred person must be new to KOHO, meaning someone who has never had a KOHO account. Three other situations lose the reward under KOHO’s rules:

• No link at sign-up. In that case the account is not connected to the referrer and no reward is issued.
• A missed deadline. Once the 30 days have passed, rewards cannot be issued, even if the steps are finished later.
• An unverified account. Verification is a required step, not an optional one.

KOHO states that the full referral terms are found in the KOHO app, and its help centre adds that KOHO reserves the right to change the referral program's terms at any time. YieldMaple found no end date for the offer on KOHO’s referral page on October 8, 2026.

What does KOHO cost after the three free months?

After the three free months, Everything converts automatically to a paid subscription at the regular monthly rate, which KOHO’s plan table lists at $22 a month. Left running for a year, that is $264, or four times the $66 the referral saved.

Avoiding the charge takes one step: cancel under My Plan in the KOHO app, then Manage my plan, before the free period ends. The account then moves to the free Non-Member account (or a lower plan if you downgrade instead). On the Non-Member account the price is free, cash back is 0% — no cash back without a plan, interest is 0.5% (after opting in), and loading money with a debit card costs $3.00 per load. Cancelling after a paid month has started brings no prorated refund for the rest of that billing period.

KOHO referral code vs the Wealthsimple referral bonus

The two offers reward different things. KOHO’s gives a new member plan perks and no cash. Wealthsimple’s personal referral gives the new client $25 in cash after a deposit of at least $100 within 30 days, paid within 24 hours of the qualifying deposit being processed, and the bonus has to stay in the account for 180 days.

KOHO’s offer is easier to trigger, since a $20 purchase is a lower bar than a $100 deposit. Wealthsimple’s is worth more to someone who would not pay for a KOHO plan anyway, because cash keeps its value after the trial period. The rules for the cash offer are in the Wealthsimple bonus and referral guide, the wider product line-up is in our complete Wealthsimple guide, and the two apps are set side by side in Wealthsimple vs KOHO.

What the member sharing the code earns

The cash side of the program goes to the referrer. KOHO’s help centre lists $30 per referral with no plan or on a free trial, $80 on Essential, $90 on Extra and $100 on Everything, for up to 50 people. The footnote on KOHO’s referral page still gives $20 for non-members, so the amount shown in the app is the one that counts. KOHO is also running a draw for one of five $1,000 prizes, open to members who refer a friend between October 7 and 21, 2026; the contest is for referrers and does not change what the new member receives.

Who the KOHO referral offer suits

The offer fits a reader who was already going to open a KOHO account and wants to see whether Everything earns back its fee on real spending before paying for it. It adds little for someone looking for a cash sign-up bonus, and it becomes a cost for anyone who forgets the cancellation date.

For more on the account itself, see KOHO vs Neo Financial, the KOHO safety and CDIC explainer and the KOHO Credit Building guide. Other current sign-up offers are listed on the YieldMaple deals page.