Tomo Credit is a credit card created by San Francisco-based startup TomoCredit, designed for people with no credit or poor credit (FICO scores of 629 or below) who want to establish a credit history without carrying a monthly balance. Unlike traditional credit cards, the Tomo Credit Card doesnt require a credit check or charge interest, and it doesnt allow you to carry a balance from one month to another, making it impossible to rack up debt. Instead of relying on credit scores, it uses an algorithmic approach to determine whether someone should be approved. To apply, you must link your bank account, which is a factor in Tomos approval decision. The card reports to all three major credit bureaus, which can help you build credit. The Tomo Credit Card also offers benefits and coverage valued at $1300+ and includes World Elite Mastercard benefits such as zero liability and identity protection specialists available 24/7/365. However, its worth noting that when the Tomo Credit Card first launched in 2021, it charged no monthly fees, but those were added in 2023.