Which has the lower annual fee, BMO CashBack Mastercard for Business or KOHO Everything?

The BMO CashBack Mastercard for Business has no annual fee, while the KOHO Everything charges $228/year.

Which card is better for groceries, BMO CashBack Mastercard for Business or KOHO Everything?

The BMO CashBack Mastercard for Business earns 0.8% on groceries, while the KOHO Everything earns 2%. The better choice depends on your grocery spending and the specific merchants you shop at.

Which card is better for international purchases?

The BMO CashBack Mastercard for Business has a 2.5% foreign transaction fee, while the KOHO Everything has no foreign transaction fee. The card with no FX fee is better for international purchases.

BMO CashBack Mastercard for Business vs KOHO Everything — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

KOHO Everything edges ahead by $87/yr

KOHO Everything earns $160 more on groceries
BMO CashBack Mastercard for Business earns $45 more on everything else
Saves $30/yr in foreign transaction fees
$228 higher annual fee, offset by rewards

Groceries: +$160Everything Else: +$45Dining & Restaurants: +$41

BMO CashBack Mastercard for Business: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

$379

/first year

0.9% effective$32/mo

vs 1% no-fee card: −$40

Annual rewards earned+$409

FX costs−$30

Annual fee−$0

Winner

$466

/first year

1.1% effective$39/mo

vs 1% no-fee card: +$47

Annual rewards earned+$694

FX costsNo FX fee

Annual fee−$228

Best for your spendingKOHO Everything—$466Year 1 value

+$87 more than BMO CashBack Mastercard for Business

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Earn Rates by Category

Wallet Optimizer

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The Bottom Line

KOHO Everything edges ahead by $87/yr

KOHO Everything earns $160 more on groceries
BMO CashBack Mastercard for Business earns $45 more on everything else
Saves $30/yr in foreign transaction fees
$228 higher annual fee, offset by rewards

Groceries: +$160Everything Else: +$45Dining & Restaurants: +$41

Showing Year 1 analysis

KOHO Everything wins in both Year 1 and Year 2+ — consistent long-term value.

Data Sources

Issuer terms & conditions (verified Feb 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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