LendingClub Bank CD Rates![]() LendingClub CD Summary
LendingClub Bank HistoryYou probably heard of Lending Club because they are a Fintech company that provides personal loans. This past year, Lending Club acquired Radis Bank which became LendingClub Bank. LendingClub CD Account ConclusionLendingClub offers several certificates of deposit to choose from, all with the same current interest rate. LendingClub is also offering a savings account that has a interest rate six times the current CD rate. The current LendingClub saving rate is at 0.60 percent with a yield of 0.60 percent, the minimum opening deposit is $2,500. In conclusion, it makes more sense to open a savings account with LendingClub then a CD account right now. You get a better interest rate and your money is locked-up in a CD. On the other hand, the savings rate can be changed at anytime and the trend for rates is lower these days. You can view our list of Current CD rates to get the best rates today. |
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