Costs, licensing, consumer protection Privacy, self-custody, censorship resistance
C D Crypto Credit Builder Cards

TomoCredit

TomoCredit · Mastercard

TomoCredit Inc.

Status
Private company
Legal HQ
Stati Uniti
Founded
2019
Corporate site
tomocredit.com
Valuation
$222M
Latest round
Series B — 122M USD (equity + debito), luglio 2022

TomoCredit Inc. (San Francisco, founded 2018-2019 by Kristy Kim and Dmitry Kashlev) raised roughly 139M USD in total, with a 122M USD Series B in July 2022 at a ~222M USD valuation. WARNING: the service has faced severe difficulties. In early 2024 partner bank Community Federal Savings Bank stopped working with the company and the three credit bureaus (Experian, Equifax, TransUnion) ended their reporting partnerships. Since summer 2023 the company pivoted from the credit card to a subscription-based credit-improvement service. The BBB logged over 557 complaints in one year, many about subscription-cancellation difficulties; negative BBB rating (F).
3.0/5 2.0/5 · Data verified on

TomoCredit is a credit-builder Mastercard that requires no SSN, charges 0% APR and is designed for international students and immigrants. It is, however, weighed down by a low Trustpilot score (2.5/5), a $36/year fee and a high risk profile.

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31
Transparency: Very low
31/100 · see methodology
31
Data exposure: Minimal
31/100 · lower is better for sovereignty · methodology

Data & conditions

Network Mastercard
Card type Credit card
APR 0%
Issuance fee Free
Annual fee €397/year
Free ATM limit Not disclosed
ATM withdrawal not declared
FX markup 0%
Cashback Not disclosed
Contactless Yes
Virtual card Yes
KYC Light
Privacy 5/10
Supported countries US · 1+ countries
Estimated net annual cost €36/year
Regulator FDIC
Segment B2C
Past incidents BBB F rating · Reclami persistenti · Legal issues
MiCA / License status Partner bank charter

Plans & pricing

TomoCredit

Price
€33
Annual price
Free
Issuance fee
Free
FX markup
0%
Cashback
0%
Cashback currency
Nessuno
Required staking
Nessuno
ATM limit
Not disclosed
Net annual cost
€36
  • No credit check
  • No APR
  • Cash flow underwriting

Strengths

  • No SSN richiesto; 0% APR; for international students and immigrants.
  • Light KYC: minimal identity verification.

Weaknesses

  • ⚠️ Trustpilot 2,5/5; $36/year; risk high.
  • Traditional credit card: not self-custody — the account requires full KYC, a credit check, and can be closed or reported to credit bureaus by the issuer.

Verdict

C D ★ 3.0/5 ★ 2.0/5 Estimated net annual cost: €36/year

Tier C despite some genuine merits, because the risk profile is the real problem: 0% APR, no SSN required and light KYC make it accessible to international students and immigrants, but the Trustpilot is low (2.5/5) and the historical incidents, a BBB F rating, persistent complaints and legal issues, weigh heavily on the score, alongside a $36/year fee.

Here it earns a bit more than its peers thanks to light KYC and no SSN, traits closer to permissionless logic; yet it remains a custodial Mastercard, FDIC-regulated and US-only, with no self-custody or on-chain element. The legal and reliability incidents also undermine the trust this lens demands, keeping the verdict low.

Privacy & anonymity 30% 2.5
Fund control 20% 0.0
Censorship resistance 20% 3.0
Costs 10% 2.5

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

Reputation

What happened to people who used TomoCredit, and what users say. External signals: they do not feed the promp.it rating.

Incidents & regulatory actions

History not verified

We have not yet completed the incident search for this service: no entries here does not mean no events.

Public reviews

3.9/5 1,099 reviews
  • Google Play ↗ 4.3/5 568 reviews

    Count from the page's JSON-LD structured data (ratingCount 568); refers to the post-pivot 'TomoCredit' app (com.tomocredit.boost), not the old card app.

  • App Store ↗ 3.4/5 531 reviews

    Exact figure from the iTunes lookup API (averageUserRating 3.44). Refers to the post-pivot 'TomoCredit' app (TomoBoost subscription), not the old card app.

Weighted average across 2 public review platforms (1,099 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.

FAQ

Is TomoCredit a safe card?

TomoCredit is a custodial card on the Mastercard network. As a payment card, loaded funds are e-money and are not covered by a bank deposit-guarantee scheme. Fund custody is custodial.

How much does TomoCredit cost?

The fee is €33.12 (mensile). Issuance is free. The FX markup is 0% (no surcharge). See the tier table for full conditions.

Does TomoCredit offer cashback?

TomoCredit does not offer crypto cashback.

Is TomoCredit available in Italy?

No, TomoCredit is not currently available in Italy.

Is TomoCredit custodial or self-custody?

TomoCredit uses a custodial model. Funds are held by the issuer: you do not have direct control of the private keys.

Sources

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Update history

✓ Terms unchanged since Jul 11, 2026

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