Tomo Credit Card Review 2022: No Credit Checks – What You Need To Know

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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 stands out as an attractive option because it does not require a credit check and has several features, such as no annual fees and high credit limits.

Ease of use

The Tomo card is easy to use because it works like most other credit cards of this type. Although it does not require a credit check, the Tomo card offers a generous credit limit.

Depending on your situation and financial situation, you can get a credit limit of up to $10,000.

Cash back

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


Tomo’s credit card has no annual fee. Cardholders also pay no interest, with an 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, and your bill is automatically deducted from the account to cover the balance for the week.

With frequent payments, your credit utilization remains low. As a result, it improves your credit score and establishes good credit. Additionally, Tomo reports all payments to three major credit bureaus.

After a few months of using the card, you can switch to a monthly payment schedule.

Ease of approval

Compared to conventional credit cards, it is easier to get approved for the Tomo credit card. However, the process is slightly longer as there are additional requirements that you must meet.

Before applying for the card, there is a pre-approval process. You must first submit your bank account balance, income, and age on the company’s website.

Pre-approval means Tomo gives you a soft “yes” after verifying the information you provided. After prior approval, the company takes you to the next step. You will receive an email invitation from the company to officially apply for the card.

After that, you submit the application and Tomo reviews it. Finally, they will reject or approve it based on the other data points you provided in the application form.

Good to know

With the Tomo credit card you can also refer a friend. If they are approved for the card, you get an additional 1% cashback reward 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.

Application process

Although Tomo does not rigorously analyze your credit history, the company does require a linked bank account. Tomo uses different data points to decide if you are eligible for the card.

Some commonly used data points are email addresses and phone numbers. The company also checks your linked bank account balance to determine how you are managing your money.

You must use Plaid to link a bank account, whether savings or checking. You can also link an investment account to give Tomo the information it needs to check your income stability.

Other benefits

Since the Tomo credit card is a Mastercard, it has additional advantages:

  • 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?

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

However, it has an annual fee of $35. If you are not ready to pay this, Tomo credit card will be a better option for you.

How to register

To apply for a Tomo card, you must first obtain pre-approval. Enter your information on the Tomo website.

Once you are pre-approved, Tomo will send an invitation to apply via email. After that, you need to provide details for the application process.

Who is it best for?

The Tomo credit card is suitable for people who have no credit history or who have a limited credit history. 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 for and qualify for the credit card. This makes the card suitable for non-US citizens.

Final take

If you have a steady income and don’t mind paying your bill at the end of the week to improve your credit score, Tomo credit card is an ideal choice for you.

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

Our in-house research team and on-site financial experts work together to create accurate, unbiased and up-to-date content. We check every stat, quote and fact using trusted primary resources to ensure that the information we provide is correct. You can read more about GOBankingRates processes and standards in our Editorial Policy.

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.

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