It generally takes up to 7 days to process the request. Balance transfers from third-party creditors will not be posted immediately to your accounts with those creditors. These amounts are one-time payments that may not satisfy any or all payment obligations you may have in connection with third-party accounts. You should continue making the required payments to your designated third-party creditors per the applicable account terms.
How long does it take for a balance transfer to process?
Additional Balance Transfer FAQ
- What can I do if a payment to a creditor is returned?
- What is a CleanSweep Balance Transfer?
- Why is the button on my account dashboard to initiate balance transfers disabled?
- How do I initiate a balance transfer?
- If your creditor is not on the list of creditors while making the Balance Transfer
- I got a notice that one of my balance transfers was canceled. Why did that happen?
- What is the minimum and maximum balance transfer I can initiate?
- I initiated a balance transfer by mistake. Can I cancel the balance transfer?
- How many creditors can I add to a balance transfer at once?
- What is the minimum creditor balance I can transfer as part of a balance transfer?
Keep more of what you earn and earn more on what you save.
Check your rate. It won’t impact your credit score.2
LendingClub Resources
Related Resource Center
There are many reasons to consider a joint personal loan, including sharing the payment obligations, securing better financing terms, and improving your odds of approval. So, if your credit history is holding you back from getting favorable interest rates and terms on your own, having a co-borrower could help you qualify for a personal loan.
![How to Apply for a Joint Personal Loan](http://images.ctfassets.net/orqped9h4wgz/72n9waWnGzlPmOZAk8aVrS/cd439e6fe68c4e1f140194ead8688607/How_to_Apply_for_a_Joint_Personal_Loan.png)
If you're planning on consolidating debt or making a big purchase like buying a home or new car, chances are you'll need financing to help reach your goals. Understanding the true cost of a loan is key to getting the best deal possible—and most often that starts with shopping APRs and interest rates across different lenders.
![Woman in yellow shirt in coffee shop writing in notebook in front of laptop](http://images.ctfassets.net/orqped9h4wgz/3ncJlGUVWlrdAxCs4ASzDA/885ed0fb9dd22a666f4f054a3a1f0001/Blog_APRandInterestRate_Header.jpg)
Related Impact
From groceries and diapers to Halloween costumes for pets, nearly 60% of American consumers prefer to shop online for everyday items that make life more convenient, comfortable, and enjoyable. And with rising prices showing no signs of stopping anytime soon, we’re pleased to introduce StackitTM from LendingClub Bank—a new browser extension that automatically finds and rewards eligible members with coupons and cash back for extra savings at more than 15,000 favorite online retailers.
![blog header stackit 765x430 v1-1](http://images.ctfassets.net/orqped9h4wgz/4kV0P8ZQKbNbClld8SvbZn/f08bc67ba536d72cb5954589ae906eb2/blog_header_stackit_765x430_v1-1.jpg)
LendingClub completed the acquisition of Radius Bank in February 2021. At that time, in addition to the direct-to-consumer deposit business, we inherited a fintech partner program, and several lending businesses. As we reach the one-year anniversary of the acquisition, and in conjunction with the conclusion of a strategic review of our business operations, we have made the decision to discontinue certain businesses that don’t fit our mission.
![Man in blue button up shirt and glasses smiling](http://images.ctfassets.net/orqped9h4wgz/5fTH6ZRJzFrsIvsqMfB9EP/7f69faf6e7f87a55c890e1fc042ad7f4/scott-sanborn-1.jpeg)
Related FAQ's
If a creditor payment is returned because of incorrect information, you can initiate a new balance transfer for that creditor.
You can add up to 12 creditors to a single balance transfer request.
The minimum balance transfer amount is $200.
When you initiate a Balance Transfer on your CleanSweep account...
If you don't see the option to initiate a balance transfer, it's possible that your account is blocked.
Related Glossary
{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.
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
{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 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.
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.