Personal Banking

Refer a Friend

Earn a $50 reward when you refer your friend to LendingClub!

As of 9/30/2021, this program is no longer available. 


Earn $50

Give your friends and family the gift of better banking and refer them to LendingClub today—you’ll both earn $50!1 

How to Qualify

You must have a Rewards Checking account in good standing and open for at least 30 days.

Refer a Friend in 3 Easy Steps

You must have a Rewards Checking account in good standing and open for at least 30 days.

  1. Sign into your LendingClub Mobile App and scroll down to the Refer a Friend section in the feed and click “Learn More”
  2. Your referral code is displayed at the bottom of the screen, ready for you to copy it and share it with friends and family
  3. Click “Share Your Code” and choose to either text or email an invite link to the person you wish to refer!

Getting the $50

They (your friends/family) open a Rewards Checking account at LendingClub by 9/30/2021. After that date, this referral program will no longer be available.

The account of the friend you are referring must remain open for 60 days and the average balance on the 60th day must be greater than $500.

You both get $50 after 60 days!

You will receive your reward within 30 days after the qualification period. You both get $50 after 60 days!

Benefits of Opening a Rewards Checking Account

  • Get unlimited 1.00% cash back on debit card purchases
  • Earn up to 0.15% APY3
  • Enjoy unlimited ATM fee rebates with this totally free account4

Build Your Rewards

$50 for you and $50 for your friend—talk about a win-win. 

Bonus Incentives

Occasionally, we offer a bump in the refer a friend payout! To stay up to date, make sure you are subscribed to receive our emails. Sign up for our newsletter at the bottom of this page.

Share the account that has been awarded the best checking account!

  • C | Net Logo
  • This Bank checks all of the boxes, earning it our choice for best checking account overall: unlimited ATM reimbursement, support for mobile check deposits and transfers and no monthly or out-of-network ATM transaction fees. It’s an excellent checking account — and with its modest APY and decent cash-back reward structure (for a checking account), it could suitably serve as a one-size-fits-all account to cover all of your savings, spending and checking needs.

    CNET’s Best Overall Checking Account 2021

  • This Bank has an easy-to-use, informative website and high user ratings for its Android and iOS apps. It also offers a stellar checking account with cash back.

    Nerdwallet’s Best Bank or Credit Union for Online Experience 2021

  • The brand isn’t a household name, but this Bank earned the No. 1 spot among online banks for the combination of its mobile banking app, generous ATM fee rebates, its payout on checking and savings accounts and its accessibility — the minimums to open a checking or savings account are fairly low.

    Bankrate’s Best Online Bank of 2020

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.


We use 256-bit encryption to ensure that data is protected with the highest level of security.

Financial Institution

FDIC Insurance

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

Customer Support

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

1. By participating in this Refer a Friend Program, each Party will be aware the other has opened, or intends to open a LendingClub Bank, N. A. (“LendingClub Bank”) account, and hereby waives any privacy rights with regards to this awareness. Current LendingClub Bank account holders and their friends can each receive $50.00 for each new valid Rewards Checking account referral via the Refer a Friend program (up to 12 referrals per calendar year). You may earn $50.00 for each referral up to the stated maximum; however, please note that if you take advantage of multiple opportunities within one calendar year, the maximum amount that can be awarded from all referral offers is $600.00.To get the $50.00 reward, your friend must: a) be a new customer to LendingClub Bank and, b) open a Rewards Checking account by 9/30/2021 using a valid promo code. Your referred friend(s) must have an open, active account in good standing with at least a monthly deposit balance average of $500.00 on the 60th day after opening the account. Good standing means there have been: No NSF (non-sufficient funds) items, returns, locks or freezes during the preceding months of your referral’s checking account being opened. Clients that refer themselves or are a joint owner on are referred account will not be eligible to earn the $50.00 reward. The $50.00 reward will be deposited into both you and your friend’s LendingClub Bank account within 33 days of completion of the requirements. If either party closes their account for any reason prior to the bonus payout each party will forfeit all related rewards. The value of this reward may constitute taxable income to you. You and your referred friend may be issued an Internal Revenue Service Form 1099 (or other appropriate form) that reflects the value of such reward. Please consult your tax adviser, as LendingClub Bank does not provide tax advice. LendingClub Bank reserves the right to modify or discontinue this program at any time.
2. The Debit Card Rewards Program (Cash Back Rewards) will provide 1.00% cash-back on all Qualified Purchases made by eligible Rewards Checking account holders if the account holder does any of the following; meet the requirements, is grandfathered in, or keeps an average balance of $2,500 or greater within the calendar month in their Rewards Checking Account, or receives total deposits of $2,500 or more in their Rewards Checking account via qualifying Direct Deposit within the month. Qualifying Direct Deposits are Automated Clearing House (ACH) credits, which may include payroll, pension or government payments (such as Social Security) by your employer, or an outside agency. LendingClub Bank N. A. may require documentation to verify that credits are Qualifying Direct Deposits. The value of this reward may constitute taxable income to you. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of such reward. Please consult your tax adviser, as LendingClub Bank N. A. does not provide tax advice. Qualified Purchases include signature-based purchases made with a LendingClub Bank issued Debit Card tied to a Rewards Checking account enrolled in the Debit Card Rewards program. These are “credit” purchases that can be made in stores and online. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. The “credit” option is most often pre-selected when making purchases online using a debit card. Online subscription payments may not be considered signature-based purchases. The payment transaction type (signature-based or other) is ultimately decided by the merchant and how the transaction is transmitted to LendingClub Bank N. A. at the time of processing. We reserve the right to determine if a transaction was a Qualified Purchase, and to establish additional types of Qualified Purchases that could be made available in a variety of ways. Any goods or services purchased with the LendingClub Bank issued Debit Card that are returned or otherwise credited to your Account are not qualified purchases. Unlawful purchases and purchases of currency, cash or cash equivalents (including, without limitation, currency from the U.S. Mint, Travelers Cheques, gift cards, Cryptocurrency, Casino Chips, Peer to Peer Payments, prepaid debit cards, account openings, loan payments, or other cash equivalents) made with your LendingClub Bank issued Debit Card are not Qualified Purchases. We may require you to provide documentation to validate that certain purchases are Qualified Purchases. LendingClub Bank N. A. reserves the right to modify or discontinue this program at any time. Your enrolled account must remain open, active, and in good standing to participate in the program, meaning: No NSF (non-sufficient funds) items during the preceding twelve calendar months in your checking account (regardless of the type of checking account). An eFunds check must show no negative history in the preceding twelve months and all monthly servicing fees must have been paid in full for the 12 preceding months. LendingClub Bank N. A. reserves the right to modify the description of “good standing” at any time. If you or the Bank closes your account for any reason before the end of the statement cycle, you will forfeit all rewards accrued through your linked Debit Card during that statement cycle. 
3. Annual Percentage Yield (APY) accurate as of 12/08/2022. Minimum amount to open account is $25.00. Rate tiers are as follows: 0.00% APY applies to balances of $0.01–$2,499.99, 0.10% APY applies to the entire balance on balances of $2,500.00–$99,999.99, and 0.15% APY applies to the entire balance of $100,000.00 or more. Rates may change after account is opened. Fees may reduce earnings.
4. Get unlimited automatic ATM surcharge rebates for ATM fees other banks charge you. ATM surcharge rebates apply to cash withdrawals from a Rewards Checking account using the LendingClub Bank issued Debit Card wherever it is accepted. LendingClub Bank N. A. does not charge a fee for using another bank’s ATM. ATM fees will be rebated at the end of each statement cycle. Excludes international exchange fees. LendingClub Bank N. A. makes its best effort to identify those ATM fees eligible for rebate. In the event that you have not received a rebate for a fee you believe is eligible, please contact Customer Service at 800.242.0272. LendingClub Bank N. A. reserves the right to modify or discontinue the ATM surcharge rebate program at any time. Out-of-network ATM fees cost $2.50 on average — source: CNBC as of 01/26/2022. If someone were to use an out-of-network ATM 6 times per month at an average fee of $2.50 per withdrawal, they would spend $180 in ATM fees in 12 months.