Available nationwide, LendingClub High Yield Savings is offering a staggering 3.40% APY Rate on your entire balance. Continue reading below to learn everything you need to know about LendingClub.
Update 6/30/25: The standard rate has decreased to 3.40% APY (from 3.50%), however, you can bump this rate to 4.40% APY (down from 4.50%) by simply depositing $250+ per month into your LevelUp account.
About LendingClub High Yield Savings
LendingClub is headquartered in Boston and is the 18th largest bank in the state of Massachusetts. It is also the 348th largest bank in the nation. It was established in 1987 and as of March of 2021, it had grown to 1,192 employees at 2 locations.
The High-Yield Savings has no monthly maintenance fee, no minimum balance requirement after $100 to open the account, and is FDIC-insured up to the maximum allowed. With online and mobile banking, you can manage your accounts from anywhere with unlimited access – 24 hours a day, 7 days a week.
| Balance Requirement | APY Rate |
| $0 | 3.40% |
LendingClub High Yield Savings Rate
- Account Type: High Yield Savings
- Interest Rate: 3.40% APY
- Availability: Nationwide
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Unknown
- Opening Deposit: $100
- Monthly Fee: $0
- Early Termination Fee: None
(FDIC-Insured)
LendingClub Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | None |
| Pull | ? | ? | ? | None |
Editor’s Note: LendingClub is not a great bank to use for ACH Transfers for pushing or pulling money. I highly recommend to use SoFi or CIT Bank Savings as your HUB account for all ACH transfers.
How to Earn LendingClub Rate
- Open a High Yield Savings account from LendingClub with an opening deposit of $100.
- Maintain any balance amount and earn the 3.40% APY rate.
Why You Should Sign Up For This Account
- FDIC-insured up to at least $250,000 per depositor
- No monthly maintenance fee
- No minimum balance requirement after $100.00 to open the account
- Online & Mobile Banking
- Free ATM Card
- No ATM Fees
- Free Transfer
Bottom Line
Check out LendingClub and open a High Yield Savings account this amazing rate! The fact that you can earn a high rate on any balance makes this account all worthwhile. Let us know about your experience with this bank and comment below.
Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
For more bank offers, see the complete list of Best Bank Rates, in addition, check out the latest LendingClub promotions.
Check back often to see the latest info on LendingClub Banking High Yield Savings.
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