Available nationwide, LendingClub Banking High Yield Savings is offering a staggering 0.85% APY Rate. Continue reading below to learn everything you need to know about LendingClub Banking.
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About LendingClub Banking 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. LendingClub has a B health rating.
I’ll review LendingClub Banking High Yield Savings below.
Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
LendingClub Banking High Yield Savings Review 0.85% Rate
To earn LendingClub Banking High Yield Savings competitive rate, simply open an account on balances of $2,500 & up. That’s all it takes and you’ll get to enjoy earning the 0.85% rate on all balances.
- Account Type: High Yield Savings
- Interest Rate: 0.85% APY
- Minimum Balance: $2,500 & up
- Maximum Balance: N/A
- Availability: Nationwide
- Credit Inquiry: Soft Pull or Hard Pull?
- Opening Deposit: $100
- Credit Card Funding: Unknown. Let us know.
- Monthly Fee: $0
- Early Termination Fee: Unknown
(FDIC Insured)
American Express® High Yield Savings Account - You earn a competitive interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why: *No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account. *1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two. *No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest. Some other features from American Express High Yield Savings Account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month. |
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Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend. |
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| PROMOTIONAL LINK | OFFER | REVIEW |
| Discover Bank Online Savings | $200 Bonus + 0.60% APY | Review |
| Aspiration | $150 Bonus + 1.00% APY | Review |
| Axos Business Savings | $200 Bonus + 0.20% APY | Review |
| Quontic Bank High Yield Savings | 0.75% APY | Review |
| Axos Bank High Yield Savings | Up to 0.61% APY | Review |
| CIT Bank Money Market | 0.70% APY + Amazon Prime Offer | Review |
| American Express High Yield Savings | 0.60% APY as of 4/28/22 | Review |
LendingClub Banking Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | None |
| Pull | ? | ? | ? | None |
Editor’s Note: Help us with the table above in the comment section if you have experience with LendingClub Banking capabilities.
How to Earn LendingClub Banking Rate
- Open a High Yield Savings account from LendingClub Banking with an opening deposit of $100.
- Maintain any balance amount and earn the 0.85% APY rate.
| Balance Requirement | APY Rate |
| on balances of $2,500 & up | 0.85% APY |
| on balances of $0.01–$2,499.99 | 0.05% APY |
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 Banking 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.
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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