We get this question a lot — and it’s a fair one.
Many users assume that the LookCard+ Visa Credit Card works just like a debit card because it requires a deposit. But here’s the truth: LookCard+ Visa is a collateralized/ secured credit card, not a prepaid or debit card. Yes, you deposit funds upfront — but that deposit is collateral deposit, not for spending purpose.
🔒 Collateral, Not Balance — A Credit Model Built for the Future
When you apply for a LookCard+ Visa credit card, you’re not buying spending power — you’re backing it. Your deposit acts as collateral, not as your spending balance. This means:
✅ You’re not spending directly from your deposit
✅ Instead, your deposit is pledged to secure a credit line, typically 100% of the deposited value
✅ You spend on credit first, and then repay monthly, like any traditional credit card
✅ Your deposit remains untouched — unless repayment fails or terms are violated
🚫 No Background Check, No Credit Score? Here’s Why That’s Possible.
Unlike traditional credit cards, we don’t assess your creditworthiness using background checks or credit bureau scores. Instead, your deposit is your credibility.
By locking in collateral upfront, we’re able to extend a credit line without digging into your financial history, allowing more users — even those without a traditional credit profile — to access credit responsibly.
This opens the door to borderless, inclusive finance, especially for the underbanked and crypto-forward communities.
💳 Spend Now. Repay Later. Build Trust with Every Swipe.
Your LookCard+ Visa works like a classic credit card — but it’s backed by your digital assets. Repayment is required to restore your credit limit and keep your account in good standing.
This system protects both you and us — ensuring full transparency, financial responsibility, and a path to scalable credit access.
🔜 And Don’t Worry — More Options Are on the Way!
Love LookCard but want more flexibility? You asked. We listened.
✨ New card options. Smarter payment plans. Enhanced spending features.
All coming your way very soon. We’re just getting started — and the future of finance is already in your hands.
Stay tuned. Stay ahead. Stay with LookCard.
Join the waitlist to be the first in line; Just scan the QR or click on the button to be in the line!
POWERED BY LOOKCARD | COMPLIANT & SECURE | SEAMLESS SWITCHING BETWEEN CRYPTO & FIAT
🌐 Official Website: www.lookcard.io
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