Better credit is on the
horizon.

With Credit Builder,1 it’s easy to build credit while saving as little as $10 per paycheck.2 You could improve a low score by an average of 21 points within 2 months.3

Learn More

Here’s how it works:

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Get Started

Set up a Credit Builder plan through your Credit Karma Money™ Spend account.4 Then choose how much and how often you want to save. After that, we’ll deposit the amount into a locked savings account for you.

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Build Credit

Repay us for the savings deposit. Your regular payments are reported to the three major credit bureaus, which could help you increase your score in as little as two months.

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Grow Savings

Once you accumulate $500 in savings, that money will be available to be deposited into your Credit Karma Money™ Spend account.

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Maximize Impact

Repeat steps 1-3 or opt in to AutoSave to automate your savings and payments. Add direct deposit into your Spend account so you always have a steady flow of savings.

Credit Builder: How it Works

You’re eligible to apply through Credit Karma Money if your TransUnion credit score is 619 or below at the time of application. We expect members with a credit score of 619 or under could see an increase in as little as 2 months. Late payments can have a negative effect on your score, and other factors can impact it, including activity with your other credit accounts.

Ready to start building credit the easy way?

You could grow your credit by an average of 21 points within 2 months while saving as little as $10 per paycheck.

We don’t charge fees⁵

100% free. No account setup fees, monthly fees or interest fees.

Save at your own pace

Pause your progress anytime and get back to saving when you’re ready.

No credit check

No hard pull. No messy paperwork. Just a couple of clicks and you could be instantly approved and on your way to building credit.

Start taking your credit
score to new heights!

Let's do this

1 Credit Builder plan requires you to open a no-fee line of credit and a no-fee savings account, both provided by Cross River Bank, Member FDIC. Credit Builder is serviced by Credit Karma Credit Builder. You’re eligible to apply if your TransUnion credit score is 619 or below at the time of application.

2 With Credit Builder, you may be able to elect to enroll in the optional AutoSave program, which allows you to automatically save as little as $10 per paycheck if you contribute biweekly or semimonthly and as little as $20 per paycheck if you contribute monthly. If you do not elect to enroll in AutoSave, any contribution you make to Credit Builder may not be less than $10. For more information, please see our FAQs.

3 From January to June of 2022, members with a TransUnion credit score of 619 or below who opened a Credit Builder plan and had it reported on their TransUnion report saw an average credit score increase of 21 points within 2 months of opening the plan. Late payments and other factors can have a negative impact on your score, including activity with your other credit accounts.

4 Banking services for your Spend account is provided by MVB Bank, Inc., Member FDIC. Maximum balance and transfer limits apply per account. Credit Builder is not provided by MVB Bank, Inc.

5 There are no fees for the Credit Builder plan. For Credit Karma Money Spend: Third party fees may apply. Please see Spend Account Terms & Disclosures for more information.