If you're in need of building your credit, Kikoff can do just that. For a monthly fee of $10, Kikoff builds your credit & reports it to Equifax. Turn on autopay to make on-time payments each month, and then watch your credit grow.
That said, it only impacts your Equifax score. You have two credit scores, the other is with Transunion, which won't see the same boost.
Kikoff features
Here are the basics of what Kikoff offers.
Kikoff product rating: 2.1 stars
Kikoff is certainly unique in that it’s a rare service that works to help build your credit. And to be honest, $10 a month is very reasonable and is a decent investment, as better credit helps you get better credit cards and lower interest rates, among other things.
The downsides? It only works with 1 of the 2 major credit bureaus, and you don't get access to your report, just your score.
Rating methodology
To calculate our Genius Ratings, we compare the features of the account or product in question with other similar products in Canada. We give each feature a score out of 5 based on that comparison. Once we’ve rated all the features, we run them through our proprietary algorithm to produce a final rating out of 5.
Learn more about our rating methodology.
The pros of Kikoff
Here's what we like about Kikoff.
Pros
Reasonable monthly fee
Your credit is an important part of your financial health - poor credit can sink it with higher interest rates, or not even being able to open credit should you need it. For $10/month, you can get a jump start on building it.
See your credit progress
As you make your monthly payment, you’ll be able to see your progress in building credit.
Cancel when you like
As you’re monitoring your credit and you’ve seen it build enough, you can move on from Kikoff whenever you like.
The cons of Kikoff
Here are 2 things to consider with Kikoff.
Cons
Only reports to 1 credit bureau
You have 2 credit scores from 2 bureaus – one with Equifax, the other with Transunion. Kikoff only improves your Equifax credit. If a lender checks your Transunion profile they won't see the improvements you've made.
No access to your credit report
It's a small thing, but Kikoff doesn't give access to your actual report, just your credit. If you want to see everything on your report you'll have to go somewhere else.
Kikoff alternatives
There is another credit building service in Canada, which is offered with Koho prepaid cards. Here's how they compare.
 |  | |
|---|---|---|
| Account | Kikoff | KOHO Credit Building |
| Genius Rating | ||
| Why You Want It | Get help building your credit for a low monthly fee. | Build your credit for only $10/month + Keep tabs on your progress. |
| Monthly Fee | $10 | $10 |
| Which Credit Bureau? | Equifax | Equifax |
| Credit Score Access? |  | |
| Credit Report Access? |  | |
| Update Frequency | Monthly | Monthly |
Show More | ||
| Apply Now See more Kikoff products Compare | Apply Now See more KOHO products Compare |
FAQ
What is Kikoff?
Kikoff is a credit building service. For a set fee, Kikoff essentially reports to Equifax you have a line of credit that is getting paid back on time.
How much does Kikoff cost?
Kikoff costs $10 per month and can be cancelled at any time.
What credit bureau does Kikoff report to?
Kikoff only reports to Equifax, your Transunion credit report is not affected if you use Kikoff.
Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.
Hot Money Deals This Month
- Get even more cash back with exclusive offers only available on the GeniusCash app
- Explore bigger GeniusCash offers that you won't find anywhere else.
- Connect your credit cards and unlock bonus cash.
- Explore customized recommendations to level up your rewards.
- Refer your friends and family to earn bonus levels and extra cash back.
- Take control of your money with a full-featured chequing account + $50 GeniusCash
- Get up to $500 in cash when you open a new account, complete specified actions, and open 2 registered investment accounts.
- Unlimited free transactions – including debit and Interac e-Transfers®.
- Earn Scene+ points on every debit transaction.
- $50 GeniusCash on approval – ends Oct 31, 2025.*.
- Unlimited transactions + Free identity theft protection + $125 GeniusCash
- Unlimited transactions and Interac e-Transfers.
- Free identity theft protection and access to Coursera online learning.
- $125 GeniusCash on approval – ends Oct 31, 2025.*.
- Trade over 200 cryptocurrencies with the best crypto exchange in Canada + $75 GeniusCash
- Trader fee discounts for active traders.
- No fees to fund your account with Interac e-Transfers.
- Access to plenty of educational resources for free.
- $75 GeniusCash on approval – ends Oct 31, 2025.*.
- Bonus: Get one of the lowest brokerage rates from an online broker from a Big 5 Bank →
