Ghost Rare, known as Holographic Rare in the OCG, is a rarity introduced in the TCG version of Tactical Evolution. Ghost Rare cards initially had a very shiny silver lettering for the card name, much like a Secret Rare, with some colors removed from the card image. Newer cards now have name text similar to an Ultra Rare, with a 3D holographic image (starting with "Red Dragon Archfiend/Assault Mode" in Crimson Crisis). The body of the monster itself seems split, making the image look 3D. If a light is shone on the card image, the color changes. As a result, it can be hard to make out the monster on a card colored this way. At a certain angle the image's color is somewhat restored with the same colors as the normal card just in a dimmer version. The overall effect of these changes is a pale, "ghost-like" appearance to the card art, especially when scanned. A hybrid between Ghost Rare and Gold Rare cards can also be found in the "Gold Series: Haunted Mine" packs. Apart from one exception ("Rainbow Neos"), all Ghost Rare cards are cover cards.

There are currently only 24 Ghost Rare TCG Cards: "Rainbow Dragon", "Elemental HERO Chaos Neos", "Rainbow Neos", "Honest", "Stardust Dragon", "Black Rose Dragon", "Red Dragon Archfiend/Assault Mode", "Power Tool Dragon", "Ancient Fairy Dragon", "Majestic Star Dragon", "Majestic Red Dragon", "Black-Winged Dragon", "Dragon Knight Draco-Equiste", "Shooting Star Dragon", "Odin, Father of the Aesir", "Junk Berserker", "Number 17: Leviathan Dragon", "Galaxy-Eyes Photon Dragon", "Number C39: Utopia Ray", "Neo Galaxy-Eyes Photon Dragon", "Heroic Champion - Excalibur", "Number C32: Shark Drake Veiss", "Number 92: Heart-eartH Dragon" and "Number 107: Galaxy-Eyes Tachyon Dragon".

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