Logo

How do I earn 1% Debit Card Cash Back with a LevelUp Checking account?

less than a minute read

To get 1% cash back on Qualified Purchases, follow these requirements:

  1. Set up Direct Deposit: Set up Direct Deposit and receive at least 1 Direct Deposit into your LevelUp Checking account each month.

  2. Make Qualified Purchases: Simply tap your LevelUp Checking debit card for an automatic credit purchase or choose “credit” when swiping or inserting your card in-store at qualifying gas stations, grocery stores, and pharmacies.

Additional Introducing LevelUp Checking FAQ

LendingClub Resources

Related Articles
Banking on consumer credit: A smart move in today’s uncertain times
The typical investment mix of long-term loans and securities may turn out to yield lackluster results. Banks may have another investment option: consumer credit.
Institutional Investing
May 12, 2025
4 min read
A man and a woman in an office setting looking at a laptop screen.
Why is budgeting so important for financial success?
Budgeting is a lifelong money management skill that can help you control your spending, save for the unexpected, and build a strong financial foundation. 
Personal Finance
Apr 9, 2025
4 min read
Person in blue shirt sitting at desk with notebook, laptop and phone
What is credit utilization? (and how to improve it)
Your credit utilization rate measures the balances of your revolving accounts against your credit limits. Naturally, your ratio can influence your credit scores. A low utilization rate could improve your credit scores while a high utilization rate may hurt them.
Personal Finance
Apr 8, 2025
6 min read
What Is Credit Utilization? (and How to Improve It)
What is car refinancing & how does it work?
Auto loan refinancing is when you use a new car loan to pay down your old loan—often with a lower monthly payment or interest rate. 
Auto Refinance
Apr 7, 2025
7 min read
Girl learns how to refinance a car and save money
What is debt consolidation?
Debt consolidation is a debt management strategy that uses methods like a debt consolidation loan to combine multiple debts into an easy-to-manage monthly payment—usually with a lower interest rate.[1]
Personal Loan
Apr 6, 2025
7 min read
rc debtconsolidation hero
Related FAQ's
Do LevelUp Checking Rewards get deposited directly into my LevelUp Checking account?
Yes, any amounts earned from Debit Card Cash Back and/or Loan Payment Cash Back will be posted directly to your LevelUp Checking account in the following month.
Checking Accounts FAQ
Jun 16, 2025
less than a minute read
How do I earn 2% Loan Payment Cash Back with a LevelUp Checking account?
Qualifying Direct Deposits are defined as Recurring Automated Clearing House (ACH) credits, including payroll, pension, or government payments (such as Social Security) made by your employer or an outside agency.
Checking Accounts FAQ
Jun 16, 2025
less than a minute read
I'm not a LendingClub member. How can I open an account?
LevelUp Checking is available to members only. To become a member, simply open a LevelUp Savings account, LendingClub CD or a LendingClub loan.
Checking Accounts FAQ
Jun 16, 2025
less than a minute read
Do I earn any cash back if I pay part of my monthly payment amount?
No. The full monthly payment amount must be paid prior to the due date in order to earn Loan Payment Cash Back.
Checking Accounts FAQ
Jun 16, 2025
less than a minute read
How does Debit Card Cash Back rewards work?
You have a LevelUp Checking account. In January, you received a Direct Deposit into your LevelUp Checking account and you spent $200 at gas stations, $560 at grocery stores and $40 at pharmacy for a total of $800 for the month.
Checking Accounts FAQ
Jun 16, 2025
less than a minute read
Related Glossary
Revolving Credit
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
R Letter Term
Sep 6, 2023
4 min read
Annual Percentage Rate (APR)
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
A Letter Term
Mar 21, 2023
3 min read
Accrued Interest
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment. 
A Letter Term
Mar 21, 2023
4 min read
Charge-Off
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
C Letter Term
Feb 7, 2023
3 min read
Fixed Interest Rate
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
F Letter Term
Feb 4, 2023
3 min read

WHAT WE OFFER

Personal LoansPersonal BankingAuto RefinancingPatient SolutionsBusiness LoansInstitutional InvestingOther Types of LoansApply for a Personal LoanApply for a Bank Account

RESOURCES

Resource CenterPersonal Loan Rates & FeesMember BenefitsCustomer ReviewsGlossary

LEGAL

Terms of UsePrivacy PolicyData Collection and UseAccessibilitySEC FilingDisclosures and AgreementsLegal RequestsLicenses

ABOUT US

CRA Public FileCompanyLeadershipCareersMedia CenterCorporate GovernanceInvestor RelationsContact

ACCOUNT

Sign InMobile AppHelpPrivacy ChoicesYour Privacy Choices

Powered by the LCTM platform

LC Logo
Apple App Store IconGoogle Play Store Icon
LC logo

595 Market Street, Suite 200

San Francisco, California 94105

If you have special access needs and are having problems accessing this website, please call 888-596-3157.
Equal Housing Lender
accredited-business
verify-sign

Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

LendingClub,” the “LC” symbol, “TopUp,” and “DebtIQ” are trademarks of LendingClub Bank.

© 2025 LendingClub Bank. All rights reserved.