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How do I fund my savings account?

To make your initial deposit, you can:

  • Transfer money from your account at another financial institution using your account or routing number

  • Use our secure bank login funding option, which allows you to connect LendingClub Bank and your funding account seamlessly.

  • Use your debit card to fund your checking or savings account.

You can add additional funds to your account at a later time by signing into your LendingClub profile.

LendingClub Resources

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Related FAQ's
How do I get a debit/ATM card?
If requested during account opening, your debit/ATM card should arrive within 7-10 business days after your application is approved.
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Can I add a joint owner to my savings account?
Yes! As part of the application you will have the opportunity to add a joint account owner after you submit your personal information and receive confirmation on the details of your newly approved LendingClub account.
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When will my funds be available to use after I open my savings account?
Your initial deposit for opening your account will be held for 5 days in order to validate your account.
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Do you do a credit check?
LendingClub does not pull credit as part of our account opening process. However, we do obtain information from a credit bureau used to validate your personal information. The request for information does not affect your credit score.
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How do I add a beneficiary to my savings account?
You can request to add a beneficiary as part of your application or after submitting and receiving confirmation on your new LendingClub account.
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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.

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