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Lin has said the inspiration for Credit Karma began in 2006 when he was discouraged by the cost of obtaining his credit score and sought to create an alternative. [3] Credit Karma was established to provide free credit scores and proved to be a hit, growing (according to the company) to over 85 million users by 2020. [4]
On July 30, 2019, Green Dot launched the Unlimited Cash Back Bank Account, offering 3% cash back as well as a savings account offering 3% interest [8] known as the Unlimited cashback account. The cards are normal debit cards, and not a line of credit. Purchases are deducted from the balance stored on the card.
Credit Karma is an American multinational personal finance company founded in 2007. It has been a brand of Intuit since December 2020. [ 3] It is best known as a free credit and financial management platform, but its features also include monitoring of unclaimed property databases and a tool to identify and dispute credit report errors. [ 4]
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