Personal Banking

Compare Savings and CD Accounts

What are you looking for in a high interest account?

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  • High-Yield Savings
  • Certificate of Deposit
    • Choose the account that’s right for you!
    • “I want to earn more but it is important to me that I can access my funds for unexpected expenses or planned events.”
    • “I want to maximize my interest and I don’t need access to the funds until the CD matures.”
    • APY1
    • Earns 1.26% APY on your entire balance2
    • Earn as high as 2.95% APY when you open a 5-year CD with LendingClub 3
    • Withdrawals
    • Make fee-free withdrawals at ATMs displaying the SUMSM logo
    • Interest withdrawals are permitted on a monthly basis. Any principal withdrawals may be subject to an early withdrawal penalty.
    • Transfers
    • Free internal and external online transfers between your LendingClub Bank accounts and accounts at other banks
    • After the initial deposit transfers can occur only after CD maturity during the 10-day grace period.
    • Transaction Limits
    • 99 preauthorized transactions per statement period4
    • Certificates of Deposits (CDs) are non-transactional accounts.
    • Monthly Maintenance Fee
    • None
    • None
    • Minimum Opening Deposit
    • $100.00
    • $2,500.00
    • FDIC-Insured
    • icon-check
    • icon-check
    • Requirements
    • Open the account with $100.00 or more
    • Open the account with $2,500.00 or more
    • ATM
    • You can request a free ATM Card to make PIN-based purchases and withdraw money at ATMs
    • Debit and ATM cards are not available for a CD.
    • Apply Now

    • High-Yield Savings

      Earn 1.26% APY with this free high-interest savings account.

      Get Started

    • CD

      Earn as high as 2.95% APY with a 5-year CD

      Get Started
1. Annual Percentage Yield (APY) accurate as of 06/26/2022.
2. High-Yield Savings has no monthly maintenance fee, no minimum balance requirement after $100.00 to open the account, and is FDIC-insured up to the maximum allowed. Annual Percentage Yield (APY) accurate as of 06/26/2022. Minimum amount to open account is $100.00. Rate tiers are as follows: 1.26% APY applies to balances of $0.00-$9.99; 1.26% APY applies to the entire balance on balances of $10.00-$2,499.99; 1.26% APY applies to the entire balance on balances of $2,500.00-$24,999.99 and 1.26% APY applies to the entire balance on balances of $25,000.00 or more. Rates are variable and may change at any time after the account is opened​ without notice. Rates are determined in the sole discretion of the Bank. Fees may reduce earnings.  
3. Annual Percentage Yield (APY) accurate as of 06/26/2022. $2,500.00 minimum opening deposit required. Maximum deposit amount of $250,000.00. Fees could reduce earnings on account.  A penalty may be imposed for early withdrawal.  At the end of the initial term, CDs will automatically renew at the then offered rate.  
4. You are limited to 99 preauthorized transactions per statement period. See your personal deposit account agreement for details.

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  1. Between January 2022 and March 2022, personal loans issued by LendingClub Bank were funded within 24 hours after loan approval, on average. The time it takes for a loan to be funded is not guaranteed and individual results vary based on multiple factors, including but not limited to investor demand.
  2. On average, personal loans from LendingClub Bank are offered at an APR of 15.95% with an origination fee of 5.00% and a principal amount of $15,800 for loans with term lengths of 36 months, based on current credit criteria and an analysis of historical borrower data from 1/1/21 to 4/12/21. For credit card purchases made in March 2021, the average APR was 20.29%, according to publicly available information published by TheBalance.com. If you pay off a credit card balance of $15,010 with an APR of 15.95% over 36 equal monthly payments, you will pay $5,152 in total finance charges. If you obtain a loan with a term of 36 months and an amount financed of $15,010 (principal amount of $15,800 with an origination fee of $790) at 15.95% APR, you will pay $3,975 in total finance charges over the term of the loan, a savings of $1,177 as compared to the average credit card.

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. ​Deposit accounts are subject to approval. Only deposit products are FDIC insured.

“LendingClub” and the “LC” symbol are trademarks of LendingClub Bank.

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