Available nationwide, LendingClub Bank Business High Yield Savings is offering a staggering 3.00% APY Rate on all balances. Continue reading below to learn everything you need to know about LendingClub Bank.
Update 11/15/24: The rate has decreased to 3.00% APY from 3.35%.
LendingClub Bank is an online-only fintech marketplace bank that offers financial products, services, and educational resources. They are dedicated to helping customers pay less when borrowing and earn more when saving.
About LendingClub Bank
Headquartered in Lehi, LendingClub is the largest lending marketplace and the 11th largest bank in the state of Utah. Established in 1987, it had grown to 1,504 employees at 2 locations.
Balance Requirement | APY Rate |
Any Balance | 3.00% APY |
LendingClub Bank Business High Yield Savings Rate
- Account Type: Business High Yield Savings
- Interest Rate: 3.00% APY
- Availability: Nationwide (Locator)
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Unknown
- Credit Card Funding: Unknown
- Opening Deposit: $100
- Monthly Fee: None
- Early Termination Fee: None listed
(FDIC Insured)
LendingClub Bank ACH Capabilities & Limits
ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
Push | ? | ? | ? | ? |
Pull | ? | ? | ? | ? |
Why You Should Sign Up For This Account
- No monthly service fees
- Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000 per depositor for each ownership category.
- Free ATM card and no ATM fees
- Digital convenience and integrated financial dashboard
- Insurance and security
Bottom Line
Finally, check out LendingClub Bank and open a Business High Yield Savings account this amazing rate! The fact that you can earn a high rate on any balance makes this Savings Account all worthwhile. Let us know about your experience with this bank and comment below.
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Check back often to see the latest info on LendingClub Bank Business High Yield Savings.