LendingClub Bank Rates —
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LendingClub Bank is the online banking arm of LendingClub, built on the former Radius Bank, and one of the institutions we track for YourBestSavings. It is FDIC insured, with no monthly fees on its core accounts and a lineup built around its LevelUp Savings account plus a competitive CD shelf. Below is every LendingClub account we monitor, ranked by the ByTheMath score and verified daily against its published rates. We rank by the math; no institution pays to appear or move up.
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What stands out at LendingClub
LendingClub’s headline account is LevelUp Savings, which pays a higher “qualified” rate in any month you deposit at least $250 — otherwise it earns the standard tier, so it rewards steady savers. It also runs a tiered High-Yield Savings and a CD shelf where the 11-month No-Penalty CD ($2,500 minimum) currently leads, letting you lock a rate while keeping the option to withdraw early without a penalty. Because LevelUp’s top rate depends on that monthly deposit, the ranking below flags which rates carry conditions.
How we rank these accounts
Every account is scored by the ByTheMath method — APY weighted most heavily, then accessibility and flexibility — and grouped by type below, best first. Effective APY reflects the rate you would actually earn after any balance caps or conditions, which is why a capped or conditional rate does not automatically outrank a straightforward one. No commission ever changes the order; see our affiliate disclosure and methodology.
Fees, access & insurance
LendingClub Bank is a member FDIC bank — formed when LendingClub acquired Radius Bank — with deposits insured up to $250,000 per depositor, per ownership category. Accounts are managed online through the LendingClub website and app; there are no traditional branches. Use the insurance calculator to check coverage across accounts.
Yes. LendingClub Bank is a member FDIC bank — built on the former Radius Bank — with deposits protected up to $250,000 per depositor, per ownership category.
LevelUp Savings pays a higher “qualified” rate in any month you deposit at least $250; in months you do not, it earns the standard rate. It is designed to reward a steady saving habit.
LendingClub’s 11-month No-Penalty CD lets you withdraw your full balance early without an early-withdrawal penalty, so you can lock a rate while keeping access to your money.
Daily. Each account shows the date its APY was last verified against LendingClub’s own rate page. Promotional CD rates in particular can change without notice, so we re-check every day.
See where its accounts land against the whole market on our high-yield savings, CD rate, and money market rankings.