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LEVELUP SAVINGS

Take your savings to
the next level with
5.15% APY1

Just deposit $250+ per month. Do something great for future you and open a LevelUp Savings account today.

FDIC 2

Save more. Earn more. LevelUp.

Unlock our LevelUp Rate of 5.15% APY by simply depositing $250+ per month into your LevelUp account. Miss a month? No problem. You’ll still earn a Standard Rate of 4.30% APY1 to keep growing your savings.
10x

10x the national average3

Earn 5.15% APY on your balance
when you deposit $250+ per month.
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Freedom from fees

Keep more of your money with no account fees and free transfers.
$0

$0 minimum balance

No minimum to open or minimum balances required.

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Ready to LevelUp your savings?

  • Open in minutes
    Open an account and start saving right away.

  • $0 to open
    That's right! There's no minimum opening deposit.

  • Free ATM card
    You can choose to get an ATM card for fast access to your money.

Your membership gets
better in the app

Make the smartest money move of the day.
Download the LendingClub app now.4

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Why choose LendingClub?

Best banking experience I have ever had, hands down! 5

- Laura H.

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Frequently Asked Questions

LevelUp Savings is a high-yield savings account that rewards you with a higher LevelUp Rate when you make deposits of at least $250 per statement cycle.

Interest payments, account bonuses, account credits, and reversals or refunds
from a bank do not count toward the $250 requirement.

The LevelUp Rate is the rate you’ll earn if you make at least $250 in cumulative deposits during the previous statement cycle (“Evaluation Period"). If you don’t make the $250 deposit, you’ll earn the Standard Rate the next month. Account terms, current interest rates, and APYs can be found in your Product Terms and Conditions.

The First Evaluation Period starts after the first two statement cycles following account opening. During this time, you need to make cumulative deposits of at least $250 per statement cycle to keep earning the LevelUp Rate.

For example, if you open your account in August, your First Evaluation Period will be in October. Here’s how it works:

In August (first statement cycle), September (second statement cycle), and October (third statement cycle), you’ll automatically earn the LevelUp Rate to provide an opportunity to set up deposits.

In October (the First Evaluation Period), you’ll need to make $250 in deposits to keep the LevelUp Rate for November.

Any deposit made into a LevelUp Savings account during a given Evaluation Period. Interest payments, account bonuses, account credits and reversals or refunds from the bank are not considered deposits for rate evaluation purposes.

Yes, you can make multiple deposits during the Evaluation Period to meet the minimum deposit amount of at least $250 to earn the LevelUp Rate.

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Security

Keeping your financial info private and secure is our priority.
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FDIC Insurance

Deposits are FDIC-insured up to the maximum amount allowed—$250,000.
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Customer support

Have a question? We're here to help.
Chat with us online, or reach us by phone or email.

Accounts subject to approval which may include credit approval. $100 opening deposit required. Please see Product Terms & Conditions for additional product details. Visit our FAQ page for additional information.

  1. LevelUp Rate of 5.15% Annual Percentage Yield (“APY”) is applied to the full balance of LevelUp Savings accounts that receive a total of at least $250 in deposits during the Evaluation Period. Otherwise, accounts will earn the Standard Rate of 4.30% APY. Interest payments, account bonuses, account credits and reversals or refunds from the bank are not considered deposits for rate evaluation purposes. All LevelUp Savings accounts earn the LevelUp Rate at account opening and continue to earn the LevelUp Rate until the First Evaluation Period, to provide an opportunity to set up deposits. 

    An Evaluation Period is a statement cycle. The First Evaluation Period will be the third statement cycle after you open your account, with any rate change becoming effective the next statement cycle. For example, if you open in August, the first Evaluation Period would be October with any rate change effective in November.  Any rate changes will take place on the second business day and will be based on deposits in the previous statement cycle. 
     
    APY accurate as of 11/04/2024.  Rates are variable and subject to change at any time without notice, at the sole discretion of the bank. Fees may reduce earnings. $0 minimum opening deposit.  Additional information can be found in the Product Terms & Conditions and FAQs.  

  2. FDIC-insured up to $250,000 per depositor for each ownership category.

  3. National average source: FDIC as of 10/17/2024.

  4. Standard data and message rates may apply to Mobile Banking services. This includes the use of LendingClub Mobile, LendingClub Commercial, and other services. Android is a trademark of Google LLC. iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries.

  5. 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.

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