Lending Club is the world’s largest online marketplace connecting borrowers and investors. Since inception they have facilitated billions in loans to quality borrowers. They operate completely online and utilize technology to lower costs versus the traditional banking system. In terms, Lending Club passes the cost savings on to borrowers in the form of lower rates, and to investors in the form of solid returns. Currently, they are offering you the change to earn up to $3,000 when you open an IRA by April 30, 2017. If you are interested, make sure you read on to see the full breakdown below on how to earn this attractive bonus.
Editor’s Note: Offer is valid for either new Lending Club IRA accounts that are opened and into which new funds are deposited by April 30, 2017 and invested by June 30, 2017
With an investment at Lending Club, you can:
- Solid Returns – Investors see historical annual returns between 5% and 7%.Quickly and easily build a portfolio that fits your investment objectives
- Low Volatility – 99% of investors who invest in 100+ Notes of relatively equal size have seen positive returns.
- Monthly Cash Flow – Investors can receive cash payments as borrowers make their monthly loan payments.
|J.P. Morgan Self-Directed Investing||Up to $700 Cash||Review|
|TradeStation||$150 Cash & free trades||Review|
|M1 Finance||Up to $2,000 Cash & free trades||Review|
|WeBull||12 Free Stocks & free trades||Review|
|SoFi Invest||$25 Bonus and free trades||Review|
|TD Ameritrade||$0 Commission Trades||Review|
Lending Club IRA Cash Bonus Amounts
Below are the bonus amounts you will earn when you transfer and invest funds into a new Lending Club IRA account:
- Transfer and invest $5,000 to $9,999 and get a $150 bonus to invest.
- Transfer and invest $10,000 to $24,999 and get a $300 bonus to invest.
- Transfer and invest $25,000 to $49,999 and get a $750 bonus to invest.
- Transfer and invest $50,000 to $99,999 and get a $1,500 bonus to invest.
- Transfer and invest $100,000 or more and get a $3,000 bonus to invest.
Lending Club $3000 IRA Bonus:
- Sign up Offer
- Account Type: IRA Account
- Availability: Nationwide
- Expiration Date: 04/30/2017
- Credit Inquiry: Soft Pull
- Monthly Fee: $100 annual fee waive-able.
- Additional Requirements: To be eligible for this bonus offer, you must open the account by April 30, 2017 and invest the funds by June 30, 2017.
- Closing Account Fee: Hard to tell since there is nothing in the terms about when you can close the account.
How To Avoid Lending Club Annual Fee
How To Avoid $100 Annual Fee:
- To qualify for a no-fee IRA, you must have an initial minimum balance of $5,000 or more in Lending Club Notes and maintain this invested balance for the first 12 months.
- To continue to qualify for the no-fee IRA after the first year, you must maintain an invested balance of $10,000 or more in Lending Club Notes.
- All account balances are determined as of the last business day immediately prior to the anniversary date of the opening of your account.
- An annual fee of $100 applies to accounts that don’t meet these requirements.
Earn Lending Club $3000 IRA Bonus:
- Visit Lending Club IRA Account and open up an account by April 30, 2017.
- Step 1: Click on “Get Started” for investor
- Step 2: Fill in the necessary info in the Open an IRA Today page then click on “Get Started Now” button after completion.
- Transfer and invest $100,000 or more to your IRA Account by June 30, 2017.
- Once all requirements are met, you will get a $3000 bonus to invest.
Open a Lending Club IRA Account today and take advantage of this offer and earn up to $3000 cash bonus! The amount of the bonus you will receive will be determined based on both the amount of new funds transferred from your external accounts and the amount of those funds invested within 90 days of opening a New Lending Club IRA. You can earn anywhere from $150 to $3000 depending on how much you decide to invest. Do you like these types of brokerage bonuses? If so, find more brokerage account bonuses here!
Interested in more brokerage promotions? See more of the best options below!
- Ally Invest Brokerage Promotion
- E*Trade Brokerage Promotion
- TD Ameritrade Promotion
- Robinhood Review
- & More Brokerage Promotions