Exclusive high-yield savings account for our Notes investors
Start earning more with the Founder Savings account, which pays a market-leading 4.80% APY*.
Now that we’ve officially become a one-of-a-kind marketplace bank, we’re excited to announce that we’ve launched our very first bank product offering, just for our Notes investors**: a market-leading high-yield savings account.
The Founder Savings account*** offers you a market-leading 4.80% APY.
Founder Savings will also include a new auto-save feature, which will enable investors to automatically transfer available cash from their Notes investment account to their Founder Savings account on a weekly basis.
You can also count on:
LendingClub was founded on the idea that a community of people helping people could make a difference in the lives of our members. We are so grateful to our investors—our founding members—who have powered the platform that's enabled millions of borrowers to receive loans and improve their financial health.
Interested in opening an account? Log into your Notes investment account and select your exclusive Founder Savings offer. The process to open your account is easy and takes only a few minutes!
*Annual Percentage Yield (APY) accurate as of 11/28/23. Interest is earned at the rate applicable to the portion of the balance that falls within each tier. Rate tiers are as follows: 4.80% APY applies to balances between $0.00 and $19,999.99; 4.80% APY applies to balances between $20,000.00 and $49,999.99.99; and 4.80% APY applies to balances of $50,000.00 and greater. Rates are variable and subject to change at any time without notice, at the sole discretion of the bank. Fees may reduce earnings.
**The Founder Savings account and rates are only available to LendingClub Notes investors. Offer applies to personal accounts only and may be rescinded at any time without notice.
***LendingClub Bank, N.A., Member FDIC, offers Founder Savings as a free savings account with no monthly maintenance fee, no minimum balance requirement, and is FDIC-insured up to $250,000 per depositor, per ownership category.
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