topic Re: Credit Karma. Get approved or get $50 in Credit Card Applications

Credit Karma. Get approved or get $50

FireMedic1 — Sat, 29 Oct 2022 19:56:38 GMT

Logged in on the phone to check things and this pop up was found.

"We’re so confident in our technology, we’re putting our money where our mouth is. Compare a mix of offers based on your credit profile– if you apply for one marked with the Karma Guarantee and aren’t approved, we pay you $50."

https://www.creditkarma.com/karma-guarantee

So I go to look. Very Good on some cards. 720's. No Guarantee's.

Re: Credit Karma. Get approved or get $50

Jnbmom — Sat, 29 Oct 2022 20:00:19 GMT

I was guaranteed the prosper card and the lovely upgrade and prosper loans

Re: Credit Karma. Get approved or get $50

SUPERSQUID — Sat, 29 Oct 2022 20:16:53 GMT

I dont trust ck, they say i have very good odds on 2 wf cards when i just got denied 2 months ago and 3 cap 1 cards when i already hold the max cap 1 cards.

Re: Credit Karma. Get approved or get $50

Jnbmom — Sat, 29 Oct 2022 20:17:53 GMT

@SUPERSQUID wrote:
I dont trust ck, they say i have very good odds on 2 wf cards when i just got denied 2 months ago and 3 cap 1 cards when i already hold the max cap 1 cards.

I don't think anyone trust them 😂😂

Re: Credit Karma. Get approved or get $50

CreditCuriosity — Sat, 29 Oct 2022 20:33:43 GMT

Indigo card for me how awesome! lol...

Re: Credit Karma. Get approved or get $50

CreditMarathoner — Sat, 29 Oct 2022 21:20:08 GMT

@CreditCuriosity wrote:
Indigo card for me how awesome! lol...

Me too. Guarantee to be approved for the Indigo card. 1.5% cash back and a higher annual fee than my CSP. Rebuilder card? LOL... my scores are WELL in the 800s... FICOs even higher than Vantage 3.0.

It's like when I looked for Amex preapprovals and they told me to try the Credit One card!

Re: Credit Karma. Get approved or get $50

FireMedic1 — Sat, 29 Oct 2022 21:40:39 GMT

@Jnbmom wrote:
@SUPERSQUID wrote:
I dont trust ck, they say i have very good odds on 2 wf cards when i just got denied 2 months ago and 3 cap 1 cards when i already hold the max cap 1 cards.
I don't think anyone trust them 😂😂

True dat. $50 per HP? Pass.

Re: Credit Karma. Get approved or get $50

mfinsmi1 — Sun, 30 Oct 2022 01:41:57 GMT

i have a feeling they wil only gaurantee cards that are sub prime that either dont hard pull someones credit or approve just about anybody... i would be shocked to see the CK Gaurantee for cards like AMEX or the likes. On my app i have good for all amex cards and outstanding for all the subprime (these cards never go away for me) with the CKG on only the subrpime cards. I would like to be proven wrong tho - would be cool to be able to get 50 bucks after applying with places like Citi and getting denied, would make the hard inquiry hurt a lot less lol

Re: Credit Karma. Get approved or get $50

UncleB — Sun, 30 Oct 2022 04:31:37 GMT

Well isn't this interesting...

I admit the idea of having another Custom Cash (via PC) is slightly interesting, but truthfully I don't really need it.

If I was more adventurous I'd go through the motions just to collect the $50, since I'm fairly sure I'm maxed-out with Citi (not to mention my Citi apps always go to manual review). It's not meant to be, though, so I'll continue to sit on my hands.

Re: Credit Karma. Get approved or get $50

OmarGB9 — Sun, 30 Oct 2022 22:54:34 GMT

@UncleB wrote:
Well isn't this interesting...

I admit the idea of having another Custom Cash (via PC) is slightly interesting, but truthfully I don't really need it.

If I was more adventurous I'd go through the motions just to collect the $50, since I'm fairly sure I'm maxed-out with Citi (not to mention my Citi apps always go to manual review). It's not meant to be, though, so I'll continue to sit on my hands.

Then if you know you'll be denied, go make an easy $50!

Re: Credit Karma. Get approved or get $50

AceTen — Sun, 30 Oct 2022 23:05:55 GMT

I got the $50 offer on the Citi Double Cash. I have no relationship with Citi so that is interesting and I am curious! But sorry, I can't try it because I am saving my next hard pull for the $900 sub chase ink cash or the chase reserve with a nice sub.

Karma Guarantee

Great for high flat-rate cash back††

Citi® Double Cash Card

997 reviews

Karma Guarantee: You'll be approved or CK will pay you $50.

Re: Credit Karma. Get approved or get $50

pi-r-squared — Mon, 31 Oct 2022 01:10:11 GMT

Here are my Karma Guarantees!!

Prosper Card

Credit One Bank Platinum Visa

Cerulean Mastercard

Indigo Mastercard Cashback Rewards

Re: Credit Karma. Get approved or get $50

805orbust — Mon, 31 Oct 2022 10:28:51 GMT

We definitely aren't their target demographic! 🤣🤣

Re: Credit Karma. Get approved or get $50

FLLGuy — Mon, 31 Oct 2022 22:26:11 GMT

I like CK cologne for everyday, I like their CK underwear, and I like the CK suits. However, when it comes to CK (credit karma) I only like their surprisingly decent reporting on credit activities but don't like their credit scoring (fako) nor do I like their false promises on approvals. I can't buy into the $50 hostage exchange for a potential 2yr credit inquiry mistake.

Re: Credit Karma. Get approved or get $50

805orbust — Mon, 31 Oct 2022 22:15:51 GMT

@FLLGuy HILARIOUS!!!

Re: Credit Karma. Get approved or get $50

Zoostation1 — Tue, 01 Nov 2022 04:22:00 GMT

@SUPERSQUID wrote:
I dont trust ck, they say i have very good odds on 2 wf cards when i just got denied 2 months ago and 3 cap 1 cards when i already hold the max cap 1 cards.

You can have more than 2 Cap One cards. It just can't be more than 2 of the sub prime cards: Platinum secured, Platinum, QS Secured and QS1. The official hard limit IIRC for someone with no sub prime cards is 5. Any regular or for good credit version of a Savor, Venture, or QS product family counts as prime, as do cobranded cards like the Walmart MC. The only grey area I'm aware of that I haven't seen anyone confirm is with cards that were a PC from a Platinum or QS1.

Re: Credit Karma. Get approved or get $50

DaisyAdair — Tue, 29 Nov 2022 20:03:51 GMT

I got the same 'guarantee' as @UncleB . I'm ready for someone to put this to the test. Any takers? 😁

Re: Credit Karma. Get approved or get $50

spiritcraft1 — Tue, 01 Nov 2022 18:38:15 GMT

I have 3 Citi cards with the banner. I may just get approved but at what SL? They must have some kind of idea as to approvals or it could be an expensive proposition for them.

Re: Credit Karma. Get approved or get $50

OmarGB9 — Tue, 01 Nov 2022 19:26:53 GMT

@Zoostation1 wrote:
@SUPERSQUID wrote:
I dont trust ck, they say i have very good odds on 2 wf cards when i just got denied 2 months ago and 3 cap 1 cards when i already hold the max cap 1 cards.
You can have more than 2 Cap One cards. It just can't be more than 2 of the sub prime cards: Platinum secured, Platinum, QS Secured and QS1. The official hard limit IIRC for someone with no sub prime cards is 5. Any regular or for good credit version of a Savor, Venture, or QS product family counts as prime, as do cobranded cards like the Walmart MC. The only grey area I'm aware of that I haven't seen anyone confirm is with cards that were a PC from a Platinum or QS1.

I don't think you can have five anymore. That *used* to be the case. Two is the limit (excluding cobranded cards), with some outliers reporting they were allowed a third card.

Re: Credit Karma. Get approved or get $50

pizzadude — Tue, 01 Nov 2022 23:18:28 GMT

Is it $50 per "Karma Guarantee" that is declined ?? I smell a goldmine here...

C'mon, somebody needs to pull the trigger on this!