Exclusive high-yield savings account for our Notes investors

Start earning more with the Founder Savings account, which pays a market-leading 0.75% APY on your first $20,000*.

Now that we’ve officially become a one-of-a-kind marketplace bank, we’re excited to announce that we’ve launched our very first bank product offering, just for our Notes investors**: a market-leading high-yield savings account.

The Founder Savings account*** offers you a market-leading 0.75% APY on your first $20,000. Balances higher than $20,000 will earn a 0.65% APY.

Founder Savings will also include a new auto-save feature, which will enable investors to automatically transfer available cash from their Notes investment account to their Founder Savings account on a weekly basis.

You can also count on:

LendingClub was founded on the idea that a community of people helping people could make a difference in the lives of our members. We are so grateful to our investors—our founding members—who have powered the platform that's enabled millions of borrowers to receive loans and improve their financial health.

Interested in opening an account? Log into your Notes investment account and select your exclusive Founder Savings offer. The process to open your account is easy and takes only a few minutes!

Send us an email if you have any questions about the Founder Savings account.

*Annual Percentage Yield (APY) as of September 1, 2021. APY is subject to change at any time. Rate tiers are as follows: 0.75% APY applies to the portion of balances from $0.01 to $20,000.00; 0.65% APY applies to the portion of balances from $20,000.01 to $50,000.00; and 0.65% APY applies to the portion of balances greater than $50,000.00. All deposit products are provided by LendingClub Bank, N.A., Member FDIC. Fees may reduce earnings on account.

**Rates are only available to LendingClub Notes investors who have at least one Notes account that is not classified as an individual retirement account (IRA). Offer applies to personal accounts only and may be rescinded at any time without notice.

***LendingClub Bank, N.A., Member FDIC, offers Founder Savings as a free savings account with no monthly maintenance fee, no minimum balance requirement, and is FDIC-insured up to $250,000 per depositor, per ownership category.

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