How does the Tomo Credit Card work?

Keep reading to find out: How it works, fees, interest rates, and much more. Tomo is a fintech founded in 2018, whose main goal is to offer financial services to everyone.

In this way, the Tomo credit card was created, which has no annual fee and offers several benefits.

The card can be requested by people who have a low credit score, immigrants, students, etc.

How does it work?

Tomo Credit Card is accepted almost everywhere worldwide and offers and has many benefits.

It has no annual fee and does not charge any interest rate or fee. Also, Tomo does not check credit history so it is suitable for everyone, even if you have a low credit score you may qualify for the card.

Tomo Credit Card offers a cash-back program, so it is possible to earn 1% cash back on every purchase.

What is card limit?

The credit limit starts at $100, and it can reach up to $10,000.

Does it have interest rates?

Regular APR: No interest charges.
Purchase Intro APR: Non-applicable.
Balance Transfer Intro APR: Non-applicable.

Does it have fees?

Annual fee: $0
Cash advance: Non-applicable.
Foreign purchase transaction fee: None.

Who can get the card?

Tomo is suitable for immigrants, students, young adults, and everyone who has a nonexistent or limited credit history and wants to build a better one.

How to apply for it?

It is simple to apply for Tomo Credit Card. You will have to access Tomo’s website and fill out an application, informing the following information:

Personal information: Name, birth of date, nationality, email address, valid SSN or ITIN.
Contact information: Phone number and current address.