CREDIT KARMA — Credit Karma Bank Charge Explained

CREDIT KARMA on your bank statement may relate to Credit Karma, which is listed in the Credit Services category. Credit Karma is a free credit monitoring service that provides free credit reports and scores from TransUnion. Owned by Intuit (the makers of TurboTax and QuickBooks).

What Is the CREDIT KARMA Charge?

CREDIT KARMA may relate to Credit Karma, which is listed in the Credit Services category.

Credit Karma is a free credit monitoring service that provides free credit reports and scores from TransUnion. Owned by Intuit (the makers of TurboTax and QuickBooks). The service is free — if a charge appears, it may relate to an Intuit product or be a billing error.

CREDIT KARMA is how this charge may appear on your bank or card statement.

How Do I Cancel a CREDIT KARMA Charge?

  1. Identify the charge: Confirm the charge is from Credit Karma by checking your email for a receipt or logging into your account on their website.
  2. Cancel a recurring payment: If this is a recurring payment you no longer want, log in to your Credit Karma account and cancel it in your account settings before the next billing date.
  3. Contact the merchant: If you recognise the merchant but have a question about the charge, contact Credit Karma directly using the details on this page.
  4. Contact your bank: If the merchant does not resolve the issue, contact your bank or card issuer using the number on the back of your card. They can explain what options may be available and what information they need.

What Other Names Does Credit Karma Use on Bank Statements?

Credit Karma may also appear on your statement as:

Frequently Asked Questions About CREDIT KARMA

What is CREDIT KARMA on my bank statement?

CREDIT KARMA is a bank statement transaction code that may relate to Credit Karma, which is listed in the Credit Services category. Credit Karma is a free credit monitoring service that provides free credit reports and scores from TransUnion. Owned by Intuit (the makers of TurboTax and QuickBooks). The service is free — if a charge appears, it may relate to an Intuit product or be a billing error. This descriptor appears because banks display a shortened payment code instead of the full company name.

Why is CREDIT KARMA on my bank statement?

CREDIT KARMA is how this charge may appear on your bank or card statement.

How do I cancel CREDIT KARMA?

If this is a recurring payment you no longer want, log in to your Credit Karma account and cancel it in your account settings before the next billing date. If you recognise the merchant but have a question about the charge, contact Credit Karma directly using the details on this page. If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.

For more information about Credit Karma and all its known transaction codes, visit the Credit Karma merchant page.