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Tomo Credit Card Review 2022: Build Your Credit Without a Credit Check

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Quick take: The Tomo credit card is one of the few credit cards that does not require a credit check. You can get a card with no credit history or with a limited credit history. Plus, there’s no annual fee and the card is registered on the Mastercard network, giving you additional benefits. Although the Tomo credit card approval process can take some time, applicants are carefully vetted, giving everyone the opportunity to own the card.

  • Ease of use
  • Cash back
  • Costs
  • Ease of approval

How did we calculate this?


  • No APR fees
  • No annual fee
  • No credit check

The inconvenients

  • It doesn’t have awesome perks or rewards.
  • Pre-approval is required before a card application.

Tomo Credit Card Overview

The Tomo credit card, issued by the Community Federal Savings Bank, stands out as an attractive option because it does not require a credit check and also offers attractive features, such as no annual fees and longer credit limits. high.

Main characteristics

The Tomo credit card scored with the following features.

Ease of use

The Tomo credit card is branded Mastercard, which is accepted almost anywhere in the world. Although credit limits start at $100, depending on your situation and financial situation, you may qualify for a credit limit of up to $10,000.

However, keep in mind that initially you will have to pay your balance on a weekly basis. And if you don’t pay your balance in full, your card will be frozen until you do.

Additionally, Tomo imposes transaction limits on your card as follows:

  • Number of daily purchases allowed: 20
  • Daily value of authorized purchases: $5,000
  • Number of purchases allowed per 4 days: 40
  • Value of authorized purchases per 4 days: $10,000

Cash back

Tomo cardholders also earn 1% cash back on their purchases. Although it has a lower reward rate than many other credit cards, it is still quite competitive among cards that do not require a credit check due to its other features.


Tomo’s credit card has no annual fee. Cardholders also pay no interest – the credit card carries a permanent APR of 0%. Instead, the company makes money through interchange fees which are surcharges to the merchant when cardholders use their cards for purchases.

Unlike traditional credit cards, Tomo does not allow you to carry over a balance from month to month. Cardholders must agree to an automatic payment schedule, which is automatically deducted from the account each Monday to cover the week’s balance.

With frequent payments, your credit utilization remains low. Therefore, responsible card use can help you improve your credit score and build good credit. Additionally, Tomo reports all payments to three major credit bureaus: Equifax, Experian, and TransUnion.

Plus, after a few months of responsible card use, you can switch to a monthly payment schedule. However, you will still need to pay your balance in full each month.

Ease of approval

Compared to conventional credit cards, it may be easier to get approved for the Tomo credit card because your credit score is not factored into the decision. Note that Tomo requires that you have at least $1,000 in your linked bank account to process your request.

Good to know

If you happen to be an influencer, you earn even more money by applying to be a Tomo Credit Card Ambassador. As an ambassador, you will promote the card to your audience and encourage people to sign up for the card with a unique approval code. For each person approved for the card, you will earn an additional 1% cash back for three months. As you refer others, you can earn up to 20% cash back – and there’s no limit to the number of referrals you can make. You can get up to $500 in cash back rewards per month.

Other benefits

Since the Tomo credit card is a Mastercard, it has additional advantages. Here are a few.

  • Global Mastercard Services: With Mastercard, you get emergency assistance in the language you speak. Plus, you can instantly report a stolen card.
  • Zero Liability Protection: If someone makes purchases on your Card if it is stolen or misplaced, you are not responsible for those purchases.
  • Identity Theft Protection: You can register your Tomo card number to receive alerts in case of suspicious activity on your account.

How does the Tomo credit card compare to the competition?

If you’re wondering how Tomo stacks up, here’s a quick look at a few of its competitors.

GrowCredit Mastercard

The GrowCredit Mastercard does not require a credit history and does not require approval of your credit ratings. However, you must be at least 18 years old and a permanent US citizen to apply. You must also have a valid bank account, social security number, email address, and phone number.

Although GrowCredit does not charge any interest, if you do not qualify for its free plan, you may have to pay to have one of its membership plans approved for the card. Tomo does not offer membership plans.

Also, unlike Tomo, GrowCredit only lets you use the card to pay for subscriptions, such as Netflix, Amazon Prime, and Spotify. However, like Tomo, it reports your payment history to all three credit bureaus.

OpenSky Secure Visa Card

The Tomo Card is also somewhat comparable to the OpenSky Secure Visa Card, which does not require credit mining. You can even get approved for the card without a credit score.

However, OpenSky’s offer is a secure credit card, which requires a $200 security deposit to open. Additionally, the card has an annual fee of $35. If you are unwilling to pay the initial deposit and recurring annual fee, the Tomo credit card might be a better option for you.

How to register

Tomo uses different data points to decide if you are eligible for the card. Although Tomo does not conduct a rigorous analysis of your credit history, the company requires at least one checking, savings, or linked asset account with a balance of at least $1,000 as part of its verification process. subscription. The company checks your cash flow and banking history so they can approve your application and set an appropriate credit limit.

To get started, click the mint green “Get Started” button on Tomo’s website and enter your email. You will receive an email with a link that will take you to the online application. You will need to check the following:

  • Your phone number
  • Your address
  • Your name and date of birth
  • Your social security number

Next, you will be asked to link your bank account. Once you have linked your bank account, you will be asked one last question: “Are you a student?”. before submitting your application for approval.

Note that the more accounts you link, the stronger your financial profile could be, which could increase your chances of approval and the possibility of a higher credit limit.

Tomo uses Plaid or Finicity to link your bank account, but beware, some institutions have linking issues. Check Tomo’s “Application Help” page to find out which institutions are currently having linking issues.

Who is it best for?

The Tomo credit card is suitable for people with no or limited credit history – or those who have had difficulty getting traditional credit cards approved due to their credit scores. Also, if you don’t want to pay annual fees or interest rates, Tomo is a good option for you.

Tomo is also great for people who want to improve their credit score with automated payment options and instant credit bureau reporting. The card gives you full control over your finances.

If you don’t have a social security number, you can still apply and qualify for the credit card. This makes the card suitable for non-US citizens.

Final take

The Tomo credit card is designed to help users build credit without the hassle of a credit check, interest charges, and annual fees. If you have a steady income, the ability to pay your bill in full every week to improve your credit score, and aren’t interested in high rewards rates, the Tomo credit card might be an ideal choice for you. .

Cynthia Measom contributed reporting for this article.

Editorial Note: This content is not provided by Tomo, GrowCredit or OpenSky. Any opinions, analyses, reviews, ratings, or recommendations expressed in this article are those of the author alone and have not been reviewed, endorsed, or otherwise endorsed by Tomo, GrowCredit, or OpenSky.

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About the Author

Scott Jeffries is a seasoned technology professional based in Florida. He writes on the topics of business, technology, digital marketing, and personal finance.

After earning his bachelor’s degree in management information systems with a minor in business, Scott spent 15 years working in technology. He has helped startups to Fortune 100 companies bring software products to life. When he’s not writing or building software, Scott can be found reading or spending time outdoors with his children.