Credit Karma

Fintech · Oakland, United States

The register calls Credit Karma a bank with an e-money licence. It is neither a bank nor an e-money issuer. Credit Karma is a consumer credit comparison business founded in 2007 and bought by Intuit in December 2020 for about USD 7.1 billion. It shows people free credit scores and reports and makes its money when a visitor takes a credit card, personal loan, car refinancing or mortgage from a lender on the platform: in its own words, the bank or lender pays it. It operates in the United States, Canada and the United Kingdom, employs roughly 1,500 people, and offers nothing at all to a business: there is no business account, no merchant product and no company card.

Legal name: Credit Karma, LLC
Regulated by: Federal Trade Commission (2022 order), US state credit broker regulation
Licence confirmed: yes, on a regulator's own list
Established: 2007
Website: www.creditkarma.com

Scores, 0 to 10

5.5Financial strength & stability

Financially secure as an Intuit subsidiary bought for about USD 7.1 billion, but it publishes no separate accounts and carries no rating or capital of its own. · source

3.0Lowest fees

The consumer service is free and paid for by lender commission, but there is no business account for a fee to attach to. · source

3.0Fast digital onboarding

Signup is online and instant for a consumer, but there is no company onboarding path at all. · source

2.5Best interest on business balances

Credit Karma Money savings accounts are consumer products held at partner banks; there is no business balance or treasury product. · source

2.0United States

The main market, but Credit Karma is a credit comparison site with no bank charter, no accounts and nothing for a company. · source

2.0Crypto-friendly bank

Credit Karma publishes no policy on crypto businesses; its business is consumer credit comparison. · source

2.0Fintech companies that need a partner bank

Credit Karma buys banking from partners and sells lead generation; it offers no safeguarding accounts or rails to payment firms. · source

2.0Business cards (Visa, Mastercard)

Credit Karma recommends other issuers' credit cards and issues no business card itself. · source

2.0Stablecoins (USDC, USDT and others)

The stablecoin link belongs to the parent group: Intuit signed a multi-year framework with Circle on 18 December 2025 to bring USDC to TurboTax, QuickBooks and Credit Karma, but no live Credit Karma stablecoin feature was found by September 2026, and anything that ships would be for consumers. · source

1.5United Kingdom

The UK business came from the 2019 purchase of Noddle and offers consumer credit reports only. · source

1.5Canada

Credit Karma operates in Canada as a consumer credit score service with no banking licence and no business product. · source

1.5Startups & VC-backed companies

Nothing is offered to a company, funded or otherwise; the platform serves individual consumers. · source

1.5Customer satisfaction

Trustpilot 1.1 out of 5 from 902 reviews. · source

1.5Foreign-owned & non-resident companies

Service is limited to residents of the United States, Canada and the United Kingdom, and no company can be onboarded at all. · source

1.5High-risk verticals (iGaming, cannabis, adult, forex)

There is no merchant onboarding, so no path exists for gambling, cannabis, adult or forex operators. · source

1.0Cross-border payments, FX and multi-currency accounts

No cross-border payments, no multi-currency accounts and no currency list; the company moves no customer money. No accounts, no pooling, no hedging; the company holds no corporate balances. · source

1.0Online businesses: e-commerce and SaaS

No acquiring, collection accounts or payouts anywhere in the product set. Nothing in the product serves software businesses. · source

1.0Trade, manufacturing & import-export

No trade finance of any kind. · source

1.0Crypto wallet and custody for a business

Credit Karma is a consumer credit comparison service with no crypto holding for anyone; the only crypto-related item found is its parent Intuit's USDC framework deal with Circle, checked September 2026. · source

1.0Accept crypto payments

Credit Karma has no merchant products, so there is no crypto acceptance; merchant payments in the Intuit group sit with QuickBooks, a separate business. · source

1.0Bitcoin

Credit Karma offers no bitcoin buying, holding or transfer, checked September 2026. · source

1.0Ethereum

Credit Karma offers no ether buying, holding or transfer, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.