Does Halocard affect my credit score?

No, opening a Halocard account does not affect your credit score in any way.

• You can only spend the funds you deposit to your Halocard account.
• Halocard doesn't share any data with credit bureaus, and therefore cannot be used to build credit.
• Halocard doesn't extend any lines of credit and no credit checks are performed when you create an account.

Halocards are secured credit cards that allow you to spend only the funds you've deposited. Halocards function like a traditional debit card linked to a checking account, with the added benefit of higher levels of acceptance that come with credit cards.

Halocards are different from unsecured credit cards provided by traditional banks like Chase or Bank of America. These products require a credit check and include a line of credit that is due at the end of every month. Since Halocard doesn't extend any credit, there are no credit check or soft/hard credit pulls when you create an account.

Halocard is designed for simple, private spending with no impact on your credit.

Updated on: 24/12/2025