April 6th, 2012

The Ultimate Guide to Credit Karma, Part 4: Approval Odds

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In this fourth installment in the Ultimate Guide to Credit Karma series, we’ll be covering Credit Karma’s Approval Odds, which uses our nationwide credit card data to predict your chances of being approved for a credit card. The calculation is based on a comparison between past approval data for a certain card and your current credit profile.

Approval Odds – Matchmaker for You and Your Credit Cards

Credit Karma’s Approval Odds gives you better insight into which credit cards you might be approved for based on your credit score. In addition to our popular credit card reviews, this free feature in the credit cards section will help guide you in your credit card decision-making by giving you approval odds, from “Poor” to “Very Good,” for more than 30 of our top credit cards.

Let’s say you’re in the market for a new credit card and you log into Credit Karma to begin your search. (Remember: You must be logged into Credit Karma in order to see your Approval Odds, since they’re based on real-time data.) If you see a badge marked “Very Good” Approval Odds for a Citi Diamond Preferred Card, you may choose to apply for that one over a card for which your odds are just “Fair.”

Credit Karma’s Approval Odds should help you apply for cards appropriate for your credit score and take away some of the guess work in the process. You can avoid multiple hard inquiries (which negatively affect your credit score) by utilizing these insights and applying for credit cards you have a better chance of getting approved for.

Helpful Tip: Do your research before you apply for a card. Use your Approval Odds as a first step in the process, but remember that it’s just that: a first step. Lenders take into account hundreds of factors when making a decision of whether to approve or deny a credit card application, so these odds, while a helpful guide, can’t guarantee you approval.

For more guidance on choosing the right credit card for you, follow this guide for choosing a credit card. Remember that, while your Approval Odds are predictive of whether or not you’ll get approved, your application will still be subject to approval by the credit card issuer.

Previous: The Ultimate Guide to Credit Karma, Part 3: The Credit Simulator

Next: The Ultimate Guide to Credit Karma, Part 5: Credit Notifications

Stay tuned! Next week we’ll cover Credit Karma’s Credit Notifications, which update you on what’s going on in your credit report.

Disclaimer: All information posted to this site was accurate at the time of its initial publication. Efforts have been made to keep the content up to date and accurate. However, Credit Karma does not make any guarantees about the accuracy or completeness of the information provided. For complete details of any products mentioned, visit bank or issuer website.


  1. I have seen a few complaints about scores and information being inaccurate at Credit Karma. The bottom line is, Credit Karma obtains information from TransUnion, so if there are any discrepancies, you will probably have to take it up with the reporting agencies directly.

    credit card processing at 5:46 am on April 19, 2012
  2. Starting in May of 2014, I started paying off and closing credit card accounts. As of Nov. 30th of 2014 I have paid off 7 or 8 accounts however some updates have not reached all three credit Bureaus yet and I have just reached a payment agreement with the last account which went into collection and caused a judgment to be filed against me. This happened because I was working with debt reduction company that eventually went out of business.
    Since I have paid off all credit cards and am in the process of making arrangements to payoff the last card, how soon can I expect a change in my credit rating?

    John Miller at 11:54 am on November 30, 2014
  3. Charmaine

    Hi John, that’s great that you’ve been working on your credit! We can’t say exactly how soon or if you can expect a change in your score though. It could take several months. We talk more about this here: https://www.creditkarma.com/article/how-often-should-my-score-change

    Charmaine at 12:49 pm on December 1, 2014
  4. I understand the approval odds. However, what is not explained is how odds can be “Very Good” one day, yet 24 hours later, without there being a credit score update, credit odds are just “fair for the same credit card. Some insight from anyone in the community would be helpful.

    Sal at 12:54 pm on June 4, 2015
  5. Enola Guerrero

    Hi Sal – Please contact our support department so we can better assist you on this: https://www.creditkarma.com/about/contact

    Enola Guerrero at 3:45 pm on June 9, 2015
  6. What my credit scores?

    Willie Smith at 2:38 am on January 12, 2016
  7. Enola Guerrero

    Hi Willie – If you are not able to see your credit scores when you sign in, please contact our support team to look into this for you. https://www.creditkarma.com/about/contact


    Enola Guerrero at 3:42 pm on January 12, 2016

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