Personal Banking

High-Yield Savings

Boost your savings with our free high-interest savings account.
Apply Online
mobile

Personal Banking

High-Yield Savings

Boost your savings with our free high-interest savings account.
Apply Online
Earn One of the Best Rates in the Country

Boost your savings with this FDIC-insured * savings account that earns more for you.

High-Yield Savings

High-Yield Savings

High-Yield Savings

High-Interest Earning

  • Earn 1.26% APY on your entire balance *

Freedom From Fees

  • No monthly service fees
  • No minimum balance requirement after $100 to open
  • Free ATM card available

To Apply Online, You’ll Need:

  • 3 Minutes
  • Your Social Security Number
  • $100 or more to open – you can use a debit card or transfer from an existing bank account
Apply Now

Account Features

Online & Mobile Banking

Online & Mobile Banking

Manage your accounts from anywhere – 24 hours a day, 7 days a week.

Learn More
Free ATM Card

Free ATM Card

Receive a free ATM card with your savings account.

No Monthly Fees

No Monthly Fees

Don’t worry about monthly service fees – there aren’t any!

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No Minimum Balance Requirement

No Minimum Balance Requirement

Most accounts have no minimum balance
requirement after the initial opening deposit.

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Free Transfers

Free Transfers

Make free internal and external transfers with Online & Mobile Banking.

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Let’s Get Started!

Don’t have a LendingClub account yet? Apply now and open your new account in under 3 minutes! What are you waiting for?

Integrated Financial Dashboard

Take control of your finances with our integrated personal financial management tools.

Budget

Create a budget to stay on track and plan for wherever life takes you.

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Spending

Track your spending to see where your money is going each month.

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Trends

Analyze trends to better know your spending habits.

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Debts

Develop an action plan to pay off your debts and explore different strategies that work for you.

Learn More

Link External Accounts

Gain a holistic view of your finances by linking all of your external accounts in one place.

Learn More

Net Worth

You’re worth a lot – we can help you find out just how much.

Learn More

Online & Mobile Banking

Manage your accounts from anywhere with unlimited access – 24 hours a day, 7 days a week.

Online & Mobile Banking

Manage your accounts from anywhere with unlimited access – 24 hours a day, 7 days a week.

Digital Banking, Made Human
Digital Banking, Made Human
At LendingClub, we put our customers at the center of everything we do. That’s why we focus on providing products and services that are not only convenient but help to make life easier.
Safe & Secure
Security
We use 256-bit encryption to ensure that data is protected with the highest level of security.
FDIC Insurance
Your deposits are FDIC-insured up to the maximum amount allowed – $250,000. *
Customer Support
Have a question? We’re here to help. Chat with us online, or reach us by phone or email.

Frequently Asked Questions

You can apply online for a checking account, savings account, or CD by selecting the “Apply Now” button located on this page and choosing “Personal” then “Apply” and “Open a new account.” Then, choose an account type, enter your personal information, verify your information and fund your account. You will receive confirmation at the end of the application if your account has been approved. If not, you will receive an email notification.
To open an account, you need to be a US citizen or US resident alien.

Please have the following information available when you begin your application:
  • Your Social Security Number
  • Your current residential address
  • Your email address
  • Your account number or debit card from another financial institution to make your opening deposit into your new High Yield Savings account.

You will need to fund the account with a minimum of $100.

You can apply for and open a personal bank account entirely online in under 3 minutes, start to finish.
To complete the account opening process, $100 minimum opening deposit is required. You can add additional funds to your account at a later time by signing into online banking and setting up a funds transfer.
To make your initial deposit, you can transfer money from your account at another financial institution using your account and routing number or by using your debit card. Please ensure that you have sufficient funds available to be transferred. Your initial deposit may be held for 5 business days after receipt of the funds.
No, we do not pull your credit as part of our account opening process. Please note, however, that we do validate your personal information, and, if you have placed a credit or security freeze on your credit report, your application will be manually reviewed. In these instances, the review process may take up to 5 business days.
There is no monthly maintenance fee for a High-Yield Savings account. Your account can be charged a fee under certain circumstances, such as when the account is overdrawn. Please visit our Fees page to learn more.
There is no monthly minimum balance requirement for your High-Yield Savings account.
You can only apply for an account if you are 18 or older. You must also be a US resident or US resident alien.
Yes! To open a joint account, you will check the "I want to make this a joint account" box on the Basic Info page of the application. You’ll need the same information that’s needed when opening an individual account, but you’ll need it for both applicants. You can also make a single account a joint account after the account is opened by contacting Customer Service.
We are currently only accepting online applications at this time. Click here to apply.

How to Earn Interest & Deposit Funds

You are able to deposit cash at MoneyPass Deposit Taking ATMs and NYCE Shared Deposit ATMs.

There is no minimum balance required to earn interest in your High-Yield Savings account.

We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Tiered rate accounts earn interest on the entire account balance each day at the interest rate and annual percentage yield in effect for the appropriate balance tier. Accrued interest is credited to the balance in the account on the last business day of the statement cycle. We use a monthly statement cycle. Accrued interest that is credited to the balance in the account begins to earn interest no later than the next business day and compounds with each statement cycle.
Rates are variable and they are subject to change at our discretion.
Funds can be added to your account after account opening through mobile deposit available within our banking app, at select ATMs, or by initiating ACH transfers and Wires within online banking. Please see limits here.
To view your daily transaction limits, click here.