Logo

How Do I Add Creditors to My Balance Transfer Loan?

3 min read

Adding creditors to your balance transfer loan is easy. Just follow these steps to get set up:

  1. Sign into your Member Center and go to your To-Do List.

  2. Click Tell us which account to pay down.

  3. Click Add an account. Enter your creditor's name, your account number, and the amount you’d like to pay. (Note: If more than one creditor has the same name, pick the one that’s closest to the information on your last statement.)

  4. Add creditors until the Debt paid, in the bottom right of your screen, meets or exceeds the minimum amount. If you have a minimum, it’s at the top of the page.

    After you’ve added all the creditors you want to pay, click Continue.

  5. Check to make sure you’ve entered all the creditors you want to pay. To add another creditor or make changes, click Edit Accounts.

  6. When everything looks good, click Confirm.

After you’ve confirmed your list, we’ll start reviewing it. You can’t change your list, so be sure to double check it before clicking Confirm.

If your application gets approved, it takes several days to have money sent to your creditors. Keep making your regular payments until the creditor confirms you paid down your debt.

To learn more about how your creditors get paid and how long it takes, see our article about balance transfer loans.

Airline, retail, and reward cards

If you’re adding a credit card to your list of creditors, the front of your card might not match any of the names listed. The list might show some cards by the issuer name, not the name of the program. You can typically find the issuer on the back of your card or your billing statement.

Here’s a list of common rewards cards and the name of their issuer:

Card name

Potential credit card name in the payment network

AAdvantage; Platinum Select or Executive

Citibank Credit Card

Gold Delta Skymiles

American Express

Hilton HHonors Reserve and Hilton HHonors Signature

Citibank Card

Hilton HHonors Surpass and Hilton HHonors American Express

American Express

Marriott

First USA / Chase Card

Southwest

First USA / Chase Card

Starwood

American Express

United MileagePlus; Explorer or Club

First USA / Chase Card 

If your creditor isn't on the list

Like rewards cards, sometimes bank credit cards are listed under names that don’t match the front of the card. If you can’t find the name of your credit card on the list, check the back of your card or a recent statement for the issuer name.

Here’s a list of common bank cards and their issuer names:

Card name

Potential credit card name in the payment network

Bank of America

MBNA Credit Card, Bank of America, Bank of America Visa 1

BankAmericard

MBNA Credit Card

Barclaycard

Barclays Bank Delaware

Capital One Quicksilver

Capital One

Chase Freedom, Sapphire, or Slate

First USA / Chase Card, Chase Manhattan Bank, JPM Chase Commercial Card

Citi or Citibank

Citibank Credit Card

Discover

Discover Card

Navy Federal Credit Union

Navy Federal Credit Union Visa, Navy Federal Credit Union 

Synchrony Bank

GE Capital / GE Money Bank

If your creditor still doesn’t show up on the list, they might not be in our payment network. Creditors who are not in the network can’t get paid directly through a balance transfer loan, but we're always improving and may include your creditor in the future.

Keep more of what you earn and earn more on what you save.
Check your rate. It won’t impact your credit score.2
Privacy & Security

LendingClub Resources

Related Resource Center
Find a loan that not only meets your needs, but one you have a good chance of qualifying for.
Apr 17, 2024
6 min read
Personal Loan Eligibility Criteria You Need to Know Before You Apply
Want to consolidate high-interest debt, renovate your home, or manage an unexpected expense? A personal loan could help.
Sep 25, 2023
7 min read
Top 4 Reasons to Get a Personal Loan
Home repair costs have increased. Knowing upfront what you can expect to pay for certain types of improvements can help you prepare financially and save you a lot of stress.
Aug 28, 2023
8 min read
knowing common home repair costs can help you prepare for the future
It's common to see the buy now, pay later payment option at online checkout — but should you use it? Learn what BNPL is, how it works, and alternatives for borrowing money.
Aug 22, 2023
5 min read
Woman's hands on keyboard of laptop displaying image of shopping cart and buy now, pay later text
Anytime the Federal Reserve decides to raise interest rates, it typically creates a ripple-effect throughout the economy. We take a look at some of the ways rising rates influence how you borrow and spend, and the impact rising rates can have on variable rate debt you may be carrying.
Jul 17, 2023
7 min read
Torso of woman wearing pink sweater sitting at paper-strewn desk with phone in hand and using calculator.
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.
Nov 13, 2022
2 min read
blog header stackit 765x430 v1-1
Even in today’s low-yield, high-inflation environment, it’s essential to keep a certain amount of money in an easy-to-access checking or savings account for things like daily household and emergency expenses, or to meet short-term financial goals.
Oct 2, 2022
5 min read
LendingClub Rewards Checking Nationally Certified as Trusted, Afforda
Since 2007, LendingClub has been on a mission to deliver a world-class experience to all our members. This month we took a moment to reflect on the more than four million members who have chosen LendingClub as their partner to help them reach their financial goals.
Apr 19, 2022
2 min read
Illustration of large number 4 and letter M made up of colorful, tiny illustrations of ethnically diverse people
In March 2022, we hosted our first quarterly webinar where we celebrated our one-year anniversary as a digital marketplace bank. 
Mar 6, 2022
less than a minute read
Blog-post
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.  
Jan 2, 2022
2 min read
Man in blue button up shirt and glasses smiling
Related FAQ's
Once you submit your application, we may ask you for additional paperwork to verify your information.
Jun 7, 2023
2 min read
To process your application, we may need to confirm your income matches what was on your application.
Jun 7, 2023
less than a minute read
The payment transaction type (signature-based or other) is ultimately decided by the merchant and is based on how the transaction is transmitted at the time of processing.
Jun 7, 2023
2 min read
In some cases, we may need to confirm your employment before your application can be finalized. The fastest way to confirm your employment is to provide your work email address.
Jun 7, 2023
less than a minute read
Once you submit your application, we'll try to confirm your information on our own.
Jun 7, 2023
3 min read
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.
Sep 6, 2023
4 min read
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
Mar 21, 2023
3 min read
{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. 
Mar 21, 2023
4 min read
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.
Feb 7, 2023
3 min read
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
Feb 4, 2023
3 min read

Any reviews presented are individual experiences and results may vary. Reviews are collected and authenticated by Bazaarvoice. Any average rating presented is based on these reviews. All reviews can be accessed at https://www.lendingclub.com/company/reviews.

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" and the "LC" symbol are trademarks of LendingClub Bank.

© 2024 LendingClub Bank. All rights reserved.