Personal Banking

Rewards Checking

  • Earn unlimited 1% cash back *
  • Receive unlimited ATM fee rebates *
  • No monthly maintenance or overdraft fees
  • No minimum balance or transaction requirements
Apply Online
mobile

Personal Banking

Rewards Checking

  • Earn unlimited 1% cash back *
  • Receive unlimited ATM fee rebates *
  • No monthly maintenance or overdraft fees
  • No minimum balance or transaction requirements
Apply Online

Bank Smarter with LendingClub

Make the most of your money with LendingClub, recently awarded for its Best Cash Back Checking Account on Newsweek's America's Best Banks list for 2022. Our superior products and services are built to help you reach financial wellness, including our award-winning checking account, Rewards Checking, offering 1% cash back, ATM fee rebates and more.

Account Features

Unlimited Cash Back

Unlimited Cash Back

Meet qualification requirements to start earning 1% cash back on Qualified Purchases made with your Rewards Checking debit card.1

Free Access to ATM's

Free Access to ATMs

We won’t charge a fee, and we rebate ATM fees charged by other banks, worldwide. Get unlimited ATM fee rebates and you could save over $180 this year!2

Get Your Paycheck Early

Get Your Paycheck Early

Set up a direct deposit into your account and you’re eligible to receive your money up to 2 days earlier. *

Freedom from Fees

Freedom from Fees

Save more in your pocket month-to-month by saying goodbye to overdraft, monthly maintenance and incoming wire transfer fees!

Earn Interest

Earn Interest

Earn more than the national average. Earn 0.10% APY with account balances between $2,500 and $99,999.99. Earn 0.15% APY with account balances of $100,000 & up. *

FDIC Insurance

FDIC Insurance

Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000 per depositor for each ownership category.

Apply Online

Open an account online in under 3 minutes with as little as $25!

Our Customers Earned $52 on Average Per Month in Benefits

Get money deposited back into your account each month:

  • Earn cash back on Qualified Purchases (signature-based purchases) made with your Rewards Checking debit card.1
  • Free ATMs Transactions: We rebate ATM fees charged by other banks.3
  • Interest-Earned.4

Average

Bank from Anywhere with LendingClub Mobile

A full-service bank at your fingertips *

Available for iOS and AndroidTM

  • Deposit checks
  • View real-time transactions
  • Pay bills and transfer funds
  • Manage your budget and track spending
LendingClub Mobile

Bank from Anywhere with LendingClub Mobile

A full-service bank at your fingertips *

Available for iOS and AndroidTM

  • Deposit checks
  • View real-time transactions
  • Pay bills and transfer funds
  • Manage your budget and track spending
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
Security
We use 256-bit encryption to ensure that data is protected with the highest level of security.
FDIC Insurance
FDIC Insurance
Your deposits are FDIC-insured up to the maximum amount allowed – $250,000 per depositor for each ownership category.
Customer Support
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 resident or US permanent resident.

Please have the following information available when you begin your application:
  1. Your Social Security Number
  2. Your current residential address
  3. Your email address
Your account number or debit card number from another financial institution to make your opening deposit into your new Rewards Checking account. You will need to fund the account with a minimum of $25.
You can apply for and open a Rewards Checking account entirely online in under 3 minutes, start to finish.
To complete the account opening process, $25 minimum opening deposit is required.
Yes, we do a soft pull of your credit. Soft pulls do not affect your credit score. Please note, if you have placed a credit or security freeze on your credit report, your application may need to be manually reviewed. If the application needs to be manually reviewed, the process can take up to 5 business days.
There is no monthly maintenance fee for a Rewards Checking account. Your account can be charged a fee under certain circumstances, such as when the account is over drawn. Please visit our Fees page to learn more.
There is no monthly minimum balance requirement for your Rewards Checking account.
After you open your account, debit cards should arrive in the mail within 7-10 business days after your application has been approved.
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.
You can withdraw funds from the account in two ways.
  • The first way is at any ATM worldwide, use your LendingClub debit card to withdraw funds at the ATM. We will never charge you a fee to use an In-Network MoneyPass or SUM ATM.If another financial institution does charge a fee at the point of withdrawal, we will rebate you the fee at the end of the month the withdrawal was made. International exchange fees are not rebated. Find a fee-free ATM.
  • The second way is to make an external transfer (ACH) to another financial institution for no fee. You can add an external account by selecting “Manage External Accounts” from the Transfer page within Online Banking or the LendingClub Mobile app.
You are able to deposit cash at MoneyPass Deposit Taking ATMs and NYCE Shared Deposit ATMs and we rebate all ATM fees at the end of the month.
Yes we do and your first order of checks (25) is free! To order, reach out to Customer Service via Secure Message, chat or by phone.
To earn interest on your Rewards Checking account, you must keep a balance of $2,500 or more within the account. The more money you have in your account, the more interest you will earn. At the end of each month, the interest payment will be deposited into your account.
To make your initial deposit, you can transfer money from your account at another financial institution using your account and routing number or your debit card. Please ensure that you have sufficient funds available to be transferred. All funds transferred into your account during the first 30 days of your account being opened are held for 5 days after our receipt for your security, with the exception of direct deposit from your employer which is available immediately upon deposit.

Rewards Cash Back Program

You must have a Rewards Checking account open for at least 30 days, and either receive $2,500 worth of direct deposits into your account from an employer or another source of income or keep an average balance of $2,500 or more in your account. Cash back is only available for online and in-store signature-based (“credit”) purchases made with a LendingClub debit card linked to a Rewards Checking account. The cash back you earn will automatically be credited to your account at the end of the month following the earning period.

Tip: When shopping in store select “credit” instead of “debit” at the point-of-sale where available to ensure you receive the cash back.
There are two ways a debit card can be processed at the time of a purchase.
  • The first option is called the “credit/offline/signature debit” method, where you select the “credit” button, sending the transaction through the credit card processing network. A hold is placed on the money for the transaction in your account, which clears or processes in a day or two. You have to use this debit function if you want to be eligible to receive cash back during your transaction. It is important to note that when you are using your debit card for online purchases, your card will automatically run as a credit transaction. For information, click here.
  • The second option is called the “debit/online/PIN debit” method, where you enter your PIN at the point of sale and the funds are immediately debited from your account. (You will not receive cash back if you select this option.)
Yes, when you use your LendingClub debit card for an online purchase your card will automatically run as a credit transaction, making the purchase eligible for cash back should your account meet the qualifications.
The cash back you earn will automatically be credited to your Rewards Checking account at the end of the month following the earning period, for each month that qualification requirements are met.