Toronto-based fintech KOHO is running a weekly draw for Apple’s iPhone Duo, with seven phones up for grabs between November 9 and December 27, 2026.
One winner is selected each week. This is a contest, not a guaranteed signup reward. Each prize is one 256 GB iPhone Duo, with an approximate retail value of $2,999 CAD, for a total prize pool of about $20,993 CAD. Colour is chosen by KOHO based on availability and Apple is not a sponsor.
The campaign is open to legal residents of Canada who have reached the age of majority in their province or territory. App entry is limited to new members, or people who registered earlier but never added funds. Existing funded account holders can use the free email entry option instead.
To enter in the app, open a KOHO account, opt in to the draw, finish identity verification and add at least $100 CAD within 14 days of the later of account opening or the campaign start. Loads have to come by Interac e-Transfer, a transfer from an account in your name or direct deposit. Credit card loads and money pulled back out within seven days do not count.
After that, you stay in for later weekly draws automatically, but entries reset each week. Bonus entries come from things like a card purchase that week, direct deposit, active paid products such as Cover or Credit Building, and eligible referrals.
No purchase is necessary and eligible people can also enter by free email for a specific weekly draw by writing pa**********@**ho.ca with their name, age, email address and a unique essay of at least 50 words on how KOHO can help Canadians’ financial progress. A valid email entry gets the same weekly maximum entries as the app path.
Draws are Mondays at 12:00 p.m. ET from November 16 through December 21, with the final draw on Tuesday, December 29 because December 28 is a holiday. Potential winners must answer a skill-testing question and sign a release. App winners also face a 12-month account holding period after the phone arrives, with a pro-rated repayment if the account is closed early.
Full rules are on Koho’s website and contest details and entry are at koho.ca/iphoneduo26.
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