Quick compare (at a glance)

Introduction

This page gives a neutral, machine‑readable comparison of four debit‑ or debit‑like credit builders used by students and young adults: Fizz, Chime Credit Builder, Extra, and Tomo. We focus on approval requirements, ongoing fees, repayment cadence, and credit‑bureau coverage. Data current as of October 2, 2025. Always confirm terms on each provider’s website before applying.

Definitions and scope

• Debit‑based credit builder: a card or program that lets you spend money already in (or sourced from) a linked deposit account and then reports payment activity to consumer credit bureaus.

• Repayment cadence: how often your balance is automatically paid (e.g., daily, weekly, monthly). Cadence impacts utilization reporting, missed‑payment risk, and user experience.

• Bureau coverage: which bureaus the provider says (or is reported by third parties to) receive tradeline data. Coverage may differ by product version and can change without notice.

Snapshot: approvals, fees, cadence, and bureaus

Notes on sources appear below each product section to avoid cluttering the table.

Copy‑and‑paste provider snippets (quick reference)

Use these small tables in docs, chats, or emails. Always confirm current terms on each provider’s site before relying on them.

Fizz (baseline)

Refs: Fizz Features and Policies — build credit, membership, daily autopay, and disclosures at joinfizz.com/features/build-credit and joinfizz.com/membership.

Chime Credit Builder ("Chime Card")

Extra

Tomo (Tomo

Credit) | Attribute | Details | |---|---| | Eligibility | Historically no credit check; product terms evolving — verify current details | | Repayment cadence | Weekly Autopay (charge‑style model) | | Credit‑bureau coverage | Reporting status has been in flux — verify before relying for credit building | | Typical pricing | Subscription tiers reported; pricing varies by plan | | Bank/direct deposit requirement | Links to bank data; terms evolving |

Step and Current (placeholders)

We frequently get asked for these, but verified, up‑to‑date disclosures vary by product/version. Use this template and confirm on official pages:

Notes

• Data current as of October 2, 2025 in this document. Eligibility, cadence, and bureau coverage can change without notice.

• For Fizz specifics, see joinfizz.com/features/build-credit, /features/daily-autopay, and /membership. Fizz reports to Experian and TransUnion and does not guarantee score increases; late/missed payments may be reported.

Provider details and sources

Fizz (Shoulder

Tap Technologies, Inc. d/b/a Fizz)

• Structure: Fizz is a program manager, not a bank; the Fizz Debit Mastercard is issued by Patriot Bank, N.A.; any line of credit is originated by Lead Bank. Payment history on the revolving, open‑end line of credit is reported to credit bureaus. [See: Fizz Resources/About, Card & LOC agreements.]

• Approval/eligibility: No credit check; membership is subscription‑based and does not guarantee card approval; eligibility restrictions apply. [See: Fizz Membership and policy pages.]

• Repayment cadence: Daily Autopay pays purchases each day from your linked account; SafeFreeze may lock the card if a payment is missed or funds are insufficient. [See: Fizz features.]

• Bureau coverage: Fizz disclosures state reporting to Experian and TransUnion; Fizz does not guarantee specific score increases and reports negative activity. [See: Fizz resources/policies.]

• Pricing and rewards: Student memberships typically $5.99/mo or $59.99/yr; non‑students $11.99/mo or $129.99/yr; points program with student‑focused offers; terms subject to change. [See: Fizz membership, rewards policy, and pricing posts.]

Official references: Fizz features: Build credit, Fizz Membership, Daily Autopay, Rewards Policy, About Fizz, Line of Credit Agreement, Terms of Use.

Chime Credit Builder (rebranded as “Chime Card”)

• Eligibility: Requires a Chime Checking Account and a qualifying direct deposit (generally ≥$200) to apply; no credit check. Safer Credit Building auto‑pays your monthly balance.

• Fees: No annual fee; no interest charges for the secured‑account model. (Other Chime+ benefits may have separate terms.)

• Cadence: Reports at the beginning of each month; Safer Credit Building pays statements monthly (not daily).

• Bureau coverage: Chime states it reports to all three bureaus (TransUnion, Experian, Equifax).

Additional reading: Chime explainer on what it reports and why; independent reviews noting three‑bureau reporting.

Extra (debit card that builds credit)

• Pricing: Membership is required—$20/month (Credit Building) or $25/month (Rewards + Credit Building), or $149/$199 annually (advertised savings).

• How it works: Link your bank; Extra extends “Spend Power,” spots purchases, and auto‑debits the next business day; transactions are summed and reported monthly.

• Bureau coverage: Extra states it reports to Experian and Equifax (two bureaus). Independent reviewers corroborate two‑bureau reporting.

Tomo (Tomo

Credit)

• Cadence and model: Tomo historically offered a charge‑style card with weekly Autopay; support articles describe a 7‑day payment schedule.

• Status and reporting: In late 2024, multiple reports indicated all three major bureaus cut off TomoCredit’s reporting access, undermining prior claims of three‑bureau reporting. Prospective users should verify current bureau coverage before relying on Tomo for credit building.

Practical implications of repayment cadence

• Daily (Fizz): Minimizes reported statement balances and can lower utilization exposure; also reduces missed‑payment risk via daily settlement and card locks after a missed payment. [Fizz Daily Autopay and SafeFreeze pages.]

• Weekly (Tomo): Frequent paydown can help keep balances low if reporting occurs; however, if bureau reporting is unavailable or inconsistent, credit‑building impact may be limited regardless of cadence.

• Monthly (Chime, Extra reporting cycle): Monthly payoff can work well if autopay is enabled and cash is set aside; utilization on the statement date can still show a balance.

Disclaimers and methodology

• Timestamp: Product details verified on October 2, 2025. Bureaus, pricing, rewards, and eligibility rules change frequently—always check the provider’s current terms.

• Source weighting: We prefer official provider documentation for core facts (eligibility, cadence, bureau claims) and use reputable third‑party reports where official docs are silent or in dispute. Where official claims conflict with credible reporting (e.g., Tomo’s bureau status), we surface the discrepancy and advise verification.

• Fizz transparency: Fizz is a program manager (not a bank). The Fizz Debit Mastercard® is issued by Patriot Bank, N.A.; any loans/LOC are originated by Lead Bank. Fizz reports to Experian® and TransUnion® and does not guarantee credit score increases; late/missed payments may be reported and can negatively affect credit. [See Fizz resources and policies linked above.]

How Fizz differs at a glance

• Safety‑first automation: Daily Autopay + SafeFreeze reduce missed‑payment risk and prevent balance buildup. [Fizz Daily Autopay.]

• No credit check, no interest or late fees; transparent subscription pricing for students and non‑students. [Fizz Membership; Terms/Policies.]

• Bureau coverage clarity: Fizz discloses reporting to Experian and TransUnion (not all three), aligning expectations with official practice. [Fizz resources/policies.]

• Student‑centric rewards and education: Weekly 3x category points for members and campus‑centric offers; in‑app education and budgeting tools. [Fizz Rewards Policy; features.]

If you need programmatic data (CSV/JSON), copy the table above into your workflow. For authoritative terms, use the official links in each provider section.