Aurum vs KOHO — the detail
Does KOHO track all my accounts or just the KOHO card?
KOHO's spending insights are limited to transactions that flow through the KOHO prepaid card itself. Your mortgage at RBC, your credit cards at TD, your chequing accounts at any other institution, and the Visa where most of your recurring subscriptions live — none of that appears in KOHO's analytics. The KOHO dashboard tells you about your KOHO spending, not your overall financial life. Aurum is designed to see every account, at every institution, so the picture you get is the picture you actually have.
Is KOHO a real budgeting app?
KOHO is fundamentally a prepaid card and high-interest savings tier with light spending analytics layered on top. It's a useful product for managing a specific portion of your spending, but it isn't a full personal-finance app. There are no proper monthly budgets in the YNAB or Aurum sense, no subscription tracking across institutions, no net-worth dashboard, and no contribution-room tracking for Canadian registered accounts. Aurum is built to be the layer above KOHO — the one that sees everything.
Does KOHO track TFSA, RRSP, or FHSA contribution room?
KOHO offers a TFSA-eligible high-interest savings tier, but the app doesn't track your overall TFSA contribution room — only what flows through KOHO itself. There's no RRSP contribution-room calculator, no FHSA tracking at all, no carry-forward math, and no over-contribution warnings before the CRA's 1% monthly penalty kicks in. Aurum was built around exactly those mechanics, with the entire homepage's contribution-tracking section devoted to making them legible and real-time.
What's the best Canadian alternative to KOHO for full personal finance?
If KOHO works well for you as a card, keep using it as a card. But for the broader personal-finance picture — every account, every subscription, every dollar of contribution room — Aurum is built to be the layer above it. You don't have to move money or migrate cards to make Aurum work; it tracks the accounts you already have, at the banks you already use. KOHO and Aurum can coexist comfortably for most Canadians.