Your Sykka Card is a prepaid card funded by the assets in your Sykka account. When you make a payment, the transaction amount is calculated in USD, and the corresponding amount is deducted from the USDT or USDC balance used for the payment.
This means:
No credit line: You can only spend the available balance in your account. There is no borrowing, interest, or monthly card bill.
No credit check: Applying for or using a Sykka Card does not require a credit application or affect your credit score.
Your Sykka Card uses the available assets in your account. If your card details are lost, stolen, or compromised, freeze the card immediately in the Sykka app to prevent unauthorised transactions.