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How do I earn 2% Loan Payment Cash Back with a LevelUp Checking account?

less than a minute read

To get 2% cash back on your monthly LendingClub personal loan payment, 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. Pay your personal loan on time: Pay the monthly payment amount on your LendingClub personal loan on time and from your LevelUp Checking account. See Terms & Conditions for additional details.

Additional Introducing LevelUp Checking FAQ

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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.
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I'm not a LendingClub member. How can I open an account?
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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.
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How does Debit Card Cash Back rewards work?
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Which loans are considered personal loans for Loan Payment Cash Back?
Currently, LendingClub Personal Loans and Purchase Finance loans qualify for cash back.
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{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
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{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. 
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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.
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Fixed Interest Rate
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
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