What is Karma Guarantee?
Karma Guarantee is sponsored and managed by Intuit Credit Karma. For credit card offers with a Karma Guarantee badge, it means that if you apply for that card through Credit Karma and are declined, you can receive a payment from Credit Karma.* Check for offers now.
It is not a guarantee of approval for any offer. Only the lending partner can make the credit approval.
Which offers have the Karma Guarantee?
The Karma Guarantee is only available on some credit card offers right now, so not all Credit Karma members will see offers with the Karma Guarantee. Look for the Karma Guarantee badge to spot applicable offers.
How do I know if I am eligible for a payment?
You will receive an email notification from us if you are eligible for a Karma Guarantee payment. Some exclusions do apply– for example, Credit Karma members aren’t eligible for the Karma Guarantee if they’ve already received a Karma Guarantee payment within the past 90 days. You can review the terms below for a full list of exclusions.
How do I get my money?
If eligible, we will send you an email with steps to redeem the payment as a prepaid card or gift card. You must complete the steps to redeem the payment as a prepaid card or gift card within 90 days of when the email was sent.
I applied for an offer with a Karma Guarantee badge. How do I know if I am eligible for a payment?
You will receive an email notification from us if you are eligible for a Karma Guarantee payment.
I was declined for an offer with a Karma Guarantee badge and am eligible for payment. When and how will I receive the payment?
If eligible, we will send you an email with steps to redeem the payment as a prepaid card or gift card. You must complete the steps to redeem the payment as a prepaid card or gift card within 90 days of when the email was sent.
Terms:
A Karma Guarantee that you see on a credit card offer on Credit Karma means that if you are declined by the applicable lending partner for that credit card, you can receive a payment from Credit Karma (“Cards Karma Guarantee”).
It is not a guarantee of approval for any credit card offer. Only the lending partner can make the credit approval. By applying for this credit card offer, you consent to the lending partner sharing its credit decision with Credit Karma in order to fulfill the Cards Karma Guarantee.
To be eligible, you must fully complete an application for this credit card offer (including providing any documents required) while signed in to your Credit Karma account, and be declined.
You will not be eligible for payment if: (1) you received a Cards Karma Guarantee payment in the past 90 days; (2) you do not have a Credit Karma account; or (3) if the lending partner declines or does not process your application because you applied for this same credit card with them in the past 90 days.
If eligible, we will send you an email with steps to redeem the payment as a prepaid card or gift card. You must complete the steps to redeem the payment as a prepaid card or gift card within 90 days of when the email was sent. The value of the payment may be reported on an applicable IRS form.
Sponsored and managed by Credit Karma, LLC, not the lending partner. Not Transferable. Credit Karma is solely responsible for Cards Karma Guarantee fulfillment, and the lending partner is not responsible in any way for the Cards Karma Guarantee. Credit Karma reserves the right to modify, cancel, or limit this promotion at any time.
