diff --git a/crates/picloud-cli/src/cmds/config.rs b/crates/picloud-cli/src/cmds/config.rs
new file mode 100644
index 0000000..51679b8
--- /dev/null
+++ b/crates/picloud-cli/src/cmds/config.rs
@@ -0,0 +1,50 @@
+//! `pic config --effective` — read-only view of an app's resolved
+//! configuration, with secret values masked (§4.6).
+//!
+//! Single-app today: "config" means the app's secrets, cross-referenced
+//! against the manifest so an operator can see at a glance which declared
+//! secrets are still unset and which live secrets aren't declared. Values are
+//! never fetched or shown — only `<set>` / `<unset>`. The command is shaped to
+//! grow an `--explain` mode and inherited `vars` once groups/vars land (the
+//! Phase-3 multi-level resolution).
+
+use std::collections::BTreeSet;
+use std::path::Path;
+
+use anyhow::{bail, Result};
+
+use crate::client::Client;
+use crate::config;
+use crate::manifest::Manifest;
+use crate::output::{OutputMode, Table};
+
+pub async fn run(manifest_path: &Path, effective: bool, mode: OutputMode) -> Result<()> {
+    if !effective {
+        bail!("`pic config` currently supports only `--effective`");
+    }
+    let creds = config::resolve()?;
+    let client = Client::from_creds(&creds)?;
+    let manifest = Manifest::load(manifest_path)?;
+
+    let declared: BTreeSet<String> = manifest.secrets.names.iter().cloned().collect();
+    let on_server: BTreeSet<String> = client
+        .secrets_list(&manifest.app.slug)
+        .await?
+        .secrets
+        .into_iter()
+        .map(|s| s.name)
+        .collect();
+
+    let mut table = Table::new(["secret", "value", "status"]);
+    for name in declared.union(&on_server) {
+        let (value, status) = match (declared.contains(name), on_server.contains(name)) {
+            (true, true) => ("<set>", "managed"),
+            (true, false) => ("<unset>", "declared, not pushed — `pic secret set`"),
+            (false, true) => ("<set>", "on server, not in manifest"),
+            (false, false) => unreachable!("name came from one of the two sets"),
+        };
+        table.row([name.clone(), value.to_string(), status.to_string()]);
+    }
+    table.print(mode);
+    Ok(())
+}
diff --git a/crates/picloud-cli/src/cmds/mod.rs b/crates/picloud-cli/src/cmds/mod.rs
index 821ec24..a0070ed 100644
--- a/crates/picloud-cli/src/cmds/mod.rs
+++ b/crates/picloud-cli/src/cmds/mod.rs
@@ -3,6 +3,7 @@ pub mod api_keys;
 pub mod apply;
 pub mod apps;
 pub mod apps_domains;
+pub mod config;
 pub mod dead_letters;
 pub mod files;
 pub mod init;
diff --git a/crates/picloud-cli/src/main.rs b/crates/picloud-cli/src/main.rs
index 79ff7ab..dda3854 100644
--- a/crates/picloud-cli/src/main.rs
+++ b/crates/picloud-cli/src/main.rs
@@ -177,6 +177,10 @@ enum Cmd {
     /// app), `scripts/hello.rhai`, and a `.gitignore`. Offline; deploy with
     /// `pic plan` then `pic apply`.
     Init(InitArgs),
+
+    /// Show an app's resolved configuration. `--effective` lists secrets with
+    /// values masked (`<set>`/`<unset>`), cross-referenced against the manifest.
+    Config(ConfigArgs),
 }
 
 #[derive(Args)]
@@ -230,6 +234,16 @@ struct InitArgs {
     force: bool,
 }
 
+#[derive(Args)]
+struct ConfigArgs {
+    /// Path to the manifest.
+    #[arg(long, default_value = "picloud.toml")]
+    file: PathBuf,
+    /// Show the effective (resolved) config with secrets masked.
+    #[arg(long)]
+    effective: bool,
+}
+
 #[derive(Subcommand)]
 enum KvCmd {
     /// List keys in a collection.
@@ -1122,6 +1136,7 @@ async fn main() -> ExitCode {
         }
         Cmd::Plan(args) => cmds::plan::run(&args.file, mode).await,
         Cmd::Pull(args) => cmds::pull::run(&args.app, &args.dir, mode).await,
+        Cmd::Config(args) => cmds::config::run(&args.file, args.effective, mode).await,
         Cmd::Init(args) => cmds::init::run(
             &args.dir,
             args.slug.as_deref(),
diff --git a/crates/picloud-cli/tests/cli.rs b/crates/picloud-cli/tests/cli.rs
index d7e1216..417fbf8 100644
--- a/crates/picloud-cli/tests/cli.rs
+++ b/crates/picloud-cli/tests/cli.rs
@@ -18,6 +18,7 @@ mod api_keys;
 mod apply;
 mod apps;
 mod auth;
+mod config;
 mod dead_letters;
 mod email_queue;
 mod enabled;
diff --git a/crates/picloud-cli/tests/config.rs b/crates/picloud-cli/tests/config.rs
new file mode 100644
index 0000000..5521f1d
--- /dev/null
+++ b/crates/picloud-cli/tests/config.rs
@@ -0,0 +1,57 @@
+//! `pic config --effective` — masked secret resolution against the manifest.
+
+use std::fs;
+
+use predicates::prelude::*;
+use tempfile::TempDir;
+
+use crate::common;
+use crate::common::cleanup::AppGuard;
+
+#[ignore = "needs DATABASE_URL pointing at a running Postgres"]
+#[test]
+fn config_effective_masks_and_classifies_secrets() {
+    let Some(fx) = common::fixture_or_skip() else {
+        return;
+    };
+    let env = common::admin_env(fx);
+    let slug = common::unique_slug("config");
+    common::pic_as(&env)
+        .args(["apps", "create", &slug])
+        .assert()
+        .success();
+    let _guard = AppGuard::new(&env.url, &env.token, &slug);
+
+    let dir = TempDir::new().unwrap();
+    let manifest_path = dir.path().join("picloud.toml");
+    fs::write(
+        &manifest_path,
+        format!("[app]\nslug = \"{slug}\"\nname = \"Cfg\"\n\n[secrets]\nnames = [\"API_KEY\"]\n"),
+    )
+    .unwrap();
+
+    // Declared but not pushed → masked + flagged unset; value never shown.
+    common::pic_as(&env)
+        .args(["config", "--effective", "--file"])
+        .arg(&manifest_path)
+        .assert()
+        .success()
+        .stdout(predicate::str::contains("API_KEY"))
+        .stdout(predicate::str::contains("<unset>"))
+        .stdout(predicate::str::contains("not pushed"));
+
+    // Push it → now masked as <set> / managed, still never the value.
+    common::pic_as(&env)
+        .args(["secrets", "set", "--app", &slug, "API_KEY"])
+        .write_stdin("super-secret-value")
+        .assert()
+        .success();
+    common::pic_as(&env)
+        .args(["config", "--effective", "--file"])
+        .arg(&manifest_path)
+        .assert()
+        .success()
+        .stdout(predicate::str::contains("<set>"))
+        .stdout(predicate::str::contains("managed"))
+        .stdout(predicate::str::contains("super-secret-value").not());
+}