The Tomo Credit Card is a charge card that allows you to make purchases online and in-store anywhere merchants accept Mastercard. The difference between Tomo and most regular credit cards is that you cannot carry a balance from month to month. Because of that, there’s no APR, but you must pay your statement in full by the due date.

The Tomo Credit Card has a unique feature which allows you to enroll in a 7-day automatic payment that keeps your credit utilization low. Additionally, Tomo reports all payments to Equifax, Experian and TransUnion – the three main credit bureaus in the United States.

Since the Tomo Credit Card is an unsecured card that performs no credit checks and doesn’t require a security deposit, the company looks at alternative financial data to provide you with the best possible offer – such as the information contained in your bank account. They use third-party service providers and do not store your bank account login credentials.

Currently you cannot re-apply for the Tomo Credit Card if the company rejects your application.