Two people stand behind a shopping cart in a grocery aisle, looking at a smartphone together with shelves in the background.
Two people stand behind a shopping cart in a grocery aisle, looking at a smartphone together with shelves in the background.
Two people stand behind a shopping cart in a grocery aisle, looking at a smartphone together with shelves in the background.

Money made easy to help you move forward

The account designed for anyone in Canada to save, spend and build a better future.

A Canadian partnership that works for you

Canada Post MyMoney™ combines our heritage with the innovation of KOHO Financial.

Sign up now with KOHO

Designed for your progress

Cash back

Earn as you spend with up to 2% cash back.4

Credit Building

Build your credit. Build your future.5

Interest growing

Earn interest and grow your savings faster.6

CDIC insured

Secure your money with CDIC protection.7

Turn your everyday spending into everyday earning

Earn up to 2% cash back4 on everyday spending, like groceries and gas. It’s your money – we help you get more out of it.

Two people sit close together in a café, one smiling at a smartphone, the other holding a drink, with plants in the background.
A hand holds a red payment terminal while another taps a blue card, showing a contactless transaction on a café counter.

Build the credit you need to get ahead5

Your credit score matters. We make it possible to build your credit history to open new opportunities.

Earn interest on your entire balance6

Don’t let your money sit still. Opt in to unlock interest on your entire balance and watch your progress build.

A person holds a smartphone open to the “vault” page of the Canada Post MyMoney Account delivered with Koho.
One person holds a card near a laptop while another leans on their shoulder, suggesting a shared online purchase, or financial transaction.

Move forward with confidence

Rest easy knowing your money is safe. Your balance is protected by CDIC insurance.7

Debit card control – with credit card perks

MyMoney isn’t credit, it’s your money. What you load into your account is what you spend.

It’s a simple and transparent approach to managing your finances.

MyMoney Account

  1. All-in-one account to spend, save and borrow
  2. Higher interest rates
  3. Cash back on everyday purchases
  4. No foreign transaction fees
  5. Affordable overdraft protection
  6. Build credit

Traditional banking

  1. Separate accounts to spend, save and borrow
  2. Little to no interest on balances
  3. No cash back on debit
  4. Foreign transaction fees
  5. Higher/Per-use overdraft costs
  6. No credit building options

Sign up today and take advantage of our cash back offers

$25

$25 cash back bonus when you spend your first $100.1

$15

Up to $15 cash back on MoneyGram sends.2

1 month

1 month of any paid plan for free.

$10

Get up to $10 cash back on MoneyGram receives.3

MyMoney is designed for everyone

We believe everyone across Canada deserves access to fair and empowering money services and tools. That’s why MyMoney is available to all residents who have reached the age of majority in their province or territory. It’s designed for your future, no matter your history.

Getting started is easy

Step 1

Sign up

Create your MyMoney Account online through our simple, secure KOHO partner page.

Step 2

Get the app

Download the KOHO app to manage your MyMoney Account on the go, track your spending and order a physical card if you’d like one.

Step 3

Add funds

Start using MyMoney by adding funds to your account through the KOHO app or visiting a Canada Post location.

Sign up now

Have questions?

Get help at any time using the “Support” feature in the KOHO app.

Take the final step and pick the plan that fits you

Choose any plan and get your first month for free. Plus, get $25 back when you spend your first $1001. After the first month, you can choose one of the plans below or opt for the Non-Member plan with no monthly fee.

Essential

Perfect for everyday spending. Earn cash back on everyday essentials like groceries, bills and transportation.

$0/month  

  1. Earn 2% interest6
  2. 1% cash back on groceries, transportation, food and drinks
  3. Credit Building available
  • Unlimited transactions
  • Free instant e-transfers
  • ATM withdrawals
  • CDIC Insurance (up to $100,000), if you add Earned Interest feature to your plan
  • Extra cash back with partners
  • 1 free credit score check per month
  • Tenant insurance
  • Rent reporting
  • Customer support (chat)

Extra

Level up your rewards. Get higher cash back rates and powerful credit-building tools to make your money go further.

$12/month, billed yearly

  1. Earn 2.5% interest6
  2. 1.5% cash back on groceries, transportation, food and drinks
  3. 30% discount on Credit Building
  • 0.25% cash back on all other purchases
  • Unlimited transactions
  • Free instant e-transfers
  • ATM withdrawals
  • CDIC insurance (up to $100,000), if you add Earned Interest feature to your plan
  • Extra cash back with partners
  • 1 free credit score check per month
  • 1 free international ATM withdrawal per month
  • No foreign transaction fees
  • Tenant insurance
  • Rent reporting
  • Customer support (chat)

Everything

The ultimate MyMoney experience. Maximize your cash back, earn our highest interest rate and unlock premium features.

$14.75/month, billed yearly

  1. Earn 3.5% interest6
  2. 2% cash back on groceries, transportation, food and drinks
  3. 50% discount on Credit Building
  • 0.5% cash back on all other purchases
  • Unlimited transactions
  • Free instant e-transfers
  • ATM withdrawals
  • CDIC insurance (up to $100,000), if you add Earned Interest feature to your plan
  • Extra cash back with partners
  • Cash back on rent reporting
  • 1 free credit score check per month
  • 1 free international ATM withdrawal per month
  • No foreign transaction fees
  • Tenant insurance
  • Rent reporting
  • Customer fast lane support (chat and phone)

Get even more benefits

Two people walk through an airport terminal with suitcases, talking as sunlight streams through large windows with a plane visible outside.

Travel essentials

Be ready to go anytime with a free eSIM and Travel Insurance, all in one place.

Two people walk on a city sidewalk, one holding a shopping bag and smartphone, the other with an arm around them, both looking at the screen.

Digital control, physical security

Get immediate, secure mobile access for purchases up to $250, keeping your larger funds protected.

A person sits on a couch smiling at a laptop, surrounded by boxes, suggesting a recent move or online activity at home.

Additional Credit Building

Build credit by paying rent through your account and get credit score access easily.5

Three people collaborate in a modern office, with one standing and holding a tablet while the others engage from their seats.

Access cash with a Cover Bundle

Subscribe to our Cover Bundle and receive a cash advance when you need it, plus a free credit report and financial coaching, all for as little as $2/month.8

With MyMoney, we’re making sure that no matter who you are, you can access the fair and transparent money services you deserve.

Frequently asked questions

This Canada Post MyMoney™ Account delivered by KOHO (the “Account”) offer consists of a one-time payment of the following: a) a twenty-five ($25) dollar cash back (“MyMoney Cash Back”); b) a fifteen ($15) dollar cash back for MoneyGram send transactions (the “$15 MoneyGram Cash Back”); and c) a ten ($10) dollar cash back for MoneyGram receive transactions (the “$10 MoneyGram Cash Back”) (collectively, the “Offer”). This Offer is exclusive to primary Account holders that are Canadian residents, that do not have an existing relationship with KOHO at the time of opening the Account, who are the age of majority in their province or territory at the time of opening the Account (the “Customer” or “Customers”), and who meet the terms and conditions outlined below.

  1. To be eligible to receive the MyMoney Cash Back, a Customer must, within the sixty (60) calendar days immediately following the day they open their Account, spend a minimum of one hundred ($100) dollars (including taxes).
  2. To be eligible to receive the $15 MoneyGram Cash Back, a Customer must, within ninety (90) calendar days of receiving an email sent by KOHO containing one (1) coupon code pertaining to the $15 MoneyGram Cash Back (the “Coupon Code”): a) fund their Account; b) go to a Canada Post location; c) pay in full for a MoneyGram send transaction in cash or by using a non-MyMoney debit card; d) present the Coupon Code to a Canada Post clerk to redeem five ($5) dollars from the $15 MoneyGram Cash Back; and e) Redeem the Coupon Code during two (2) additional separate in-person MoneyGram send transactions to redeem the remaining ten ($10) dollars from the $15 MoneyGram Cash Back. The funds will be deposited in the Customer’s Account within thirty (30) calendar days of a MoneyGram send transaction. The Customer must use the same name as the one used to register for their Account.
  3. To be eligible to receive the $10 MoneyGram Cash Back, a Customer must, within the sixty (60) calendar days immediately following the day they open their Account, receive funds on their Account in the course of two (2) separate MoneyGram receive transactions. The funds will be deposited in the Customer’s Account within thirty (30) calendar days of the MoneyGram receive transactions. Customers must retain the transaction receipt as proof of purchase. In case of any disputes, escalations, or cash back-related inquiries, a valid receipt may be required for verification. Transaction details may be processed and shared between Canada Post, KOHO and MoneyGram as needed to support offer eligibility.

    This Offer may not be combined or used in conjunction with any other Canada Post MyMoney offers unless otherwise indicated by Canada Post or KOHO. Canada Post or KOHO reserves the right, at their sole discretion, to cancel, terminate, modify, suspend, extend, or otherwise amend all or part of this Offer at any time without prior notice. These terms and conditions and all disputes or other matters arising out of a Customer’s participation in this Offer are governed by and will be construed in accordance with the laws of the Province of Ontario and the applicable laws of Canada, without regard to any choice or conflict of laws, rules or principles that will result in the application of the laws of any other jurisdiction.

    The Customer acknowledges that these terms and conditions and the documents incorporated herein by reference set out the entire agreement between the Customer, Canada Post, MoneyGram and KOHO with respect to this Offer.

  4. Actual cash back may vary depending on your KOHO Account plan or merchant. Cash back rate and merchants subject to change.
  5. Credit scores are based on complex models involving a variety of factors. Consistent on-time payments help improve credit scores. Missed or late payments may cause credit scores to decrease. Outcomes may vary among users.
  6. When signing up for your account, you will have to activate to unlock your High Interest Savings. When “Earn Interest” is activated on your Account, you will earn interest on your KOHO Account balance at the disclosed rate. The most up to date interest rate will be made to you on the KOHO App, subject to change from time to time.
  7. When you opt in to Earn Interest, your funds are placed in trust with one or more CDIC member institutions. Funds held in trust by CDIC member institutions are eligible for CDIC protection of up to $100,000 per beneficiary, per member institution, if the member institution were to fail. For more info on CDIC coverage please check out cdic.ca. KOHO Accounts not earning interest are not eligible for CDIC protection.
  8. This is a paid bundle that provides access to a range of premium features. The fee is not tied to any single product or service. Pricing starts at $2/month. Approval required for amounts up to $250. Terms and Conditions apply.

Ready to open your account?

Get the Canada Post MyMoney Account delivered with KOHO today.

Sign up now with KOHO

Have questions?
Get help at any time by using the "Support" feature in the KOHO app.