No, Cloaked Pay is not a traditional credit card. It's a common question, and the distinction is important: Cloaked Pay is a security service that generates Virtual Card numbers that act as a shield for your actual payment information. All transactions are simply passed through to your own funding source, like your personal credit card or bank account. This structure is designed purely for your privacy and security, not for lending.

To make the distinction even clearer, here are the key differences between the Cloaked Pay service and a traditional credit card:

• No Line of Credit: Cloaked does not issue you a credit limit, but rather an overall monthly account limit. Your ability to spend is based on the available funds or credit limit on your own linked funding source. You are able to set a spending limit and frequency on a per-card basis.
• No Impact on Credit Score: Since Cloaked Pay is a pass-through service and not a credit product, your transaction activity is not reported to the credit bureaus. It does not build your credit history or impact your credit score.
• Primary Purpose: The goal of Cloaked Pay is to provide a layer of security and privacy for your online transactions, not to provide you with a way to finance purchases.

Think of Cloaked Pay as a security shield that you use to protect your existing payment methods.