Open an account online in under 3 minutes
with as little as $100!
Apply Online
Ready to apply?
Open your account online in 3 minutes or less
3 minutes of your time
You'll need:
$100 or more to open
Fund via debit card, prepaid card, or transfer from your existing bank account
Computer or mobile device
You can apply from anywhere, at any time
*required to submit
Not ready yet?
Leave your email address
and we'll reach out to you later!
Plus, No Monthly Fees
Security
We use 256-bit encryption to ensure that data is protected with the highest level of security.
FDIC Insurance
Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000.
Have a question? We're here to help. Chat with us online, or reach us by phone or email.
Customer Support
Open an account online in under 3 minutes
with as little as $100!
Apply Online
You could earn 4.00% APY1
Free unlimited external transfers
LendingClub Bank
Voted Best Bank or Credit Union for
Online Experience of 2021 by Nerdwallet for our mobile banking app
You could earn 4.00% APY1
Voted Best Bank or Credit Union for Online Experience of 2021 by Nerdwallet for our mobile banking app
Receive a free ATM card with your savings account, allowing you to access your money quickly and easily
The national average savings account earns 0.30% APY2
Most big banks do not offer these award-winning features
Other banks charge a fee and have
limitations for external transfers
Other Banks
Most banks do not offer an ATM card with their savings account
Most banks do not offer an ATM card with
their savings account
Why switch to LendingClub?
FDIC Insurance
Your deposits are FDIC-insured up to the maximum amount allowed — $250,000 per depositor for each ownership category.
Interest-Earning
Interest-Earning
Earn 13X the national average with 4.00% APY on your entire balance.1, 2
Free ATM Card
Access your money with a free ATM card.
Earn 13X the national average with 4.00% APY on your entire balance.1, 2
Our Customer Service is available by your channel of choice: chat, phone or email.
Customer Support
Free ATM Card
Access your money with a free ATM card.
Customer Support
Our Customer Service is available by your channel of choice: chat, phone or email.
FDIC Insurance
Your deposits are FDIC-insured up to the maximum amount allowed — $250,000 per depositor for each ownership category.
Mobile check deposit
Grow your savings balance
Finance tools made for you
Manage your finances with our personal financial tools
24/7 Access
Have access to your account virtually anytime, anywhere
Available for iOS and AndroidTM
Start saving anytime, anywhere
A full-service bank at your fingertips3
Start saving anytime, anywhere
A full-service bank at your fingertips3
Available for iOS and AndroidTM
All banking products provided by LendingClub Bank, N.A.
Copyright © 2023 LendingClub Bank, N.A. All Rights Reserved. Member FDIC. Equal Housing Lender.
1] Annual Percentage Yield (APY) accurate as of 1/12/2023. Minimum amount to open account is $100.00. Rate tiers are as follows: 4.00% APY applies to balances between $0.00 and $9.99; 4.00% APY applies to balances between $10.00 and $2,499.99; and 4.00% APY applies to balances of $2,500.00 and $24,999.99; 4.00% APY applies to balances of $25,000 and greater. Rates are variable and subject to change at any time without notice, at the sole discretion of the bank. Fees may reduce earnings. 2] National average source: FDIC as of 1/12/2023. 3] Standard data and message rates may apply to Mobile Banking services. This includes the use of LendingClub Mobile, LendingClub Commercial, and other services. Android is a trademark of Google LLC. iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries.
“LendingClub” and the “LC” are trademarks of LendingClub Bank, a wholly-owned subsidiary of LendingClub Corporation.
4.00
APY1
EARN UNLIMITED
with High-Yield Savings
Mobile check deposit
Grow your savings balance
Finance tools made for you
Manage your finances with our personal financial tools
24/7 Access
Have access to your account virtually anytime, anywhere
%
Frequently Asked Questions
How do I fund my account and when are the funds available?
To fund your new account, you can transfer money from your account at another bank using your routing and account number or by using your debit card. Your initial deposit may be held for 5 business days after receipt of the funds. To see your limits for adding funds, please click here.
There is no monthly maintenance fee for a High-Yield Savings account. Additionally, we do not charge a fee to wire funds into your account from another bank, nor do we charge any overdraft fees. To see miscellaneous fees that may be applicable to your account, please click here.
Are there any fees for a High-Yield Savings account?
Is there a minimum balance to earn interest?
Great news! There is no minimum balance required to earn interest in your High-Yield Savings account! Please note, interest rates are variable, and they are subject to change without prior notice and at our discretion.
How can I deposit money into my account after my account is opened?
We have multiple ways to add funds to your account; free incoming wires, mobile check deposit, cash deposits at Money Pass Deposit Taking ATMs and NYCE Shared Deposit ATMs, and ACH transfers from your accounts at other banks. To see your transaction limits, please click here.