If you upgrade to a paid KOHO account, your base cashback rate is higher. If you are looking for a top Cash App alternative in Canada, the KOHO app does P2P transfers and more.Ĭashback Card: You earn up to 5% cashback on purchases when you pay with the free KOHO Prepaid Mastercard. This financial technology company was founded in 2014 and offers one of the highest savings rates in Canada. KOHO is a combination of a reloadable prepaid card and an app. If you want to split bills with your friends and send cash instantly without paying a fee, there are Cash App alternatives you can use in Canada, including: Simple money transfers, secured buying/selling transactionsįree to receive, but sending fees vary based on your bank account No monthly fees, but some financial transactions have charges Instant for cash and savings, Up to 7 days for other accounts Pay for purchases, Send/receive money, Invest money Large amount transfers, Multicurrency accountsįees vary by currency and type of transaction So, here are the best alternatives you can use instead: AlternativeĬashback card, Earn interest, Budgeting App, Credit Buildingįree to use, but fees may apply when sending money Cash App by Square is not available in Canada. Cash App Canada FAQs Is Cash App Available in Canada?
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