Here's how it works:
Sign up - no credit check needed.
If approved, the card can work at most subscriptions like Netflix, Spotify, etc.
Every time you spend it, it's an advance on your line of credit, which you can pay back over time or automatically each week from your linked bank.
Those repayments to perch are reported to Equifax to help you demonstrate on-time repayment in a simple way, which can affect up to 35% of your FICO score.
If you set it all up the above process will repeat monthly, automatically, so you only have to set it up once while your on-time payments continue to be reported each month.
Lastly, Perch was built to give access to consumers to the credit system so is 100% free and there is no interest on the line of credit.