What is a signature-based purchase?

Signature-based purchases are made using a debit card tied to an eligible account.  These are “credit” purchases that can be made in stores and online. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. The “credit” option is most often pre-selected when making purchases online using a debit card. Online subscription payments may not be considered signature-based purchases.
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.

If eligible, the cash back you earn will automatically be credited to your account at the end of the month following the earning period.

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Related FAQ's
If you keep a balance of $500 or more, there is no monthly maintenance fee for this account. If your account has less than $500, you will be charged a $10 monthly maintenance fee. Wire and ACH fees and limits may apply, depending on the type of transaction.
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LendingClub does not charge a fee to use another bank’s ATM. Lending Club is centered around empowering you to meet your financial goals and will reimburse you for ATM fees charged by other banks ...
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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.

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

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