FAQs

Learn more about Credit Karma Credit Builder and our plans!
Credit Builder
Getting Started
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How does Credit Builder Work?
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Is it really free?
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When can I access my savings?
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What if I need to pull money from my Savings account and I don't have $500 saved yet?
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What if I want to add more money from my Line of Credit to my Savings account?
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Will bigger payments improve my credit score?
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If I save more, will my credit score go up?
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Can I add money from my Line of Credit to my Savings account at any time?
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How much do I have to pay each billing cycle?
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Can I pull from the Line of Credit into any account?
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What can I use my Line of Credit for?
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Difference between our Credit Builder and Credit Builder Installment loans?
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Difference between our Credit Builder and secured credit cards?
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How do I make payments for Credit Builder?
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How does the AutoSave Program work?
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Can I close my Credit Builder?
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Do I have to add every month?
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Can I keep my Savings in the account after it unlocks?
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What bank is my Savings account at?
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What's a Line of Credit?
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How big is my Line of Credit?
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What happens if I stop making payments?
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How does this build credit?
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What are the technical requirements to use Credit Karma Credit Builder?
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Credit Karma Credit Builder Savings Account
What does Annual Percentage Yield (APY) mean?
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Are there limits on the number of withdrawals or transfers from my unlocked Credit Karma Credit Builder Savings Account?
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Do I own my Credit Karma Credit Builder Savings Account?
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Can I make deposits into my Credit Karma Credit Builder Savings Account?
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Can I make withdrawals from my Credit Karma Credit Builder Savings Account?
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Who provides and who controls my Credit Karma Credit Builder Savings Account?
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Are there any fees associated with my Credit Karma Credit Builder Savings Account?
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Is my Credit Karma Credit Builder Savings Account FDIC-insured?
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How do I find my Credit Karma Credit Builder Savings Account routing and account numbers?
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How do I close my Credit Karma Credit Builder Savings Account?
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How do I prevent my Credit Karma Credit Builder Account from being closed for inactivity?
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Email your questions to help@seedfi.com