What is Tomo credit card limit?
What will my credit limit be with the Tomo card? Tomo uses factors such as your bank account balances and income to determine your credit limit, which could range from $100 to $10,000.
What bank does Tomo use?
Instead, the company’s proprietary technology can weigh many data points, a key few being your income (or income potential) and your account balances. The bank that issues the card, New York-based Community Federal Savings Bank, uses this data to determine whether you’re a good candidate for the card.
Does Tomo report credit utilization?
Your Tomo card is a charge card with a 7-day automatic payment feature to help keep your credit utilization low. Does Tomo report to all 3 major credit bureaus? Yes!