LendingClub Banking Bonuses: $350 Checking Promotion (Nationwide)

Check out our updates on LendingClub bonuses, promotions, and offers.

Update 5/21/26: There’s currently a $350 checking bonus with targeted language valid through 6/30/26.

LendingClub Credit Union Bonuses Review

LendingClub is headquartered in Boston, Massachusetts and was founded in 1987. Since then they have grown to 2 locations and they offer a variety of checking options for all their clients.

I’ll go over the LendingClub bonuses below.

LendingClub Banking $350 Checking Bonus (Targeted)

• What you’ll get: $350 Bonus
• Eligible account: Checking Account
• Where it’s available: Nationwide
• Direct Deposit Required: No
• Monthly Fee: None
• How to earn it:
  • Open a LevelUp Checking account
  • Earn $200 when you receive Direct Deposits of $2,000+ by June 30, 2026.
  • Earn $150 when you make 10 purchases with your LendingClub debit card by June 30, 2026.
  • Stack both by June 30, 2026, and earn $350!
  • If eligibility requirements are met, your bonus will be deposited into your LevelUp Checking account by July 31, 2026.

(Expires 06/30/2026)

Fine Print

• If you receive a direct communication (through email or online banking) from LendingClub about earning an account opening bonus, you may be eligible to earn a bonus. Bonuses are only available to the original recipient of the communication directly from LendingClub. Other customers who are not direct recipients of the communication from LendingClub, whether new or existing, are not eligible for this offer.
• To be eligible for any bonus, you must open a LendingClub LevelUp Checking account and meet one or more of the following requirements. To receive one or more bonus(es), you must also:
• 1. Receive one or more Direct Deposit(s) totaling $2,000 or more by June 30, 2026 to be eligible to receive a bonus of $200. Direct Deposits must post to your account by June 30, 2026.
• 2. Request a LendingClub debit card for your LevelUp Checking account and make at least ten successful debit card transactions (of any amount) by June 30, 2026, to receive a bonus of $150. All debit card transactions must post to your account by June 30, 2026.
• You can earn a bonus for each requirement met. Maximum one $200 bonus and one $150 bonus with a total maximum of $350.
• Direct Deposits are defined as: Recurring Automated Clearing House (ACH) credits, including payroll, pension?or government payments (such as Social Security) made by your employer?or an outside agency.?Direct Deposits?do not include?peer to peer payments, transfers from one account to another, cash advances, ATM deposits, or wire transfers.
• If eligibility requirements are met, your bonus will be deposited into your LevelUp Checking account by July 31, 2026. Your account must remain open and have a positive balance at the time of payment in order to receive the bonus. We may report the value of the bonus to the IRS as required by law. Limit one bonus offer (to earn a max of $350) per customer.

LendingClub Banking $50 Referral Bonus (Expired)

To earn the $50 bonus offer, open an eligible checking account, and meet the requirements.

• What you’ll get: $50 Bonus
• Eligible account: Reward Checking Account
• Where it’s available: Nationwide
• Direct Deposit Required: No
• Monthly Fee: None
• How to earn it:
  • You must have a Rewards Checking account in good standing and open for at least 30 days.
  • To get the $50.00 reward, your friend must:
    • Be a new customer to LendingClub Bank
    • Open a Rewards Checking account 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.

(No expiration date listed)

Fine Print

• 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.
• 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.
• 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.

LendingClub Banking $50 Business Referral Bonus (Expired)

To earn the $50 bonus offer, open an eligible checking account, and meet the requirements.

• What you’ll get: $50 Bonus
• Eligible account: Tailored Checking Account
• Where it’s available: Nationwide
• Direct Deposit Required: No
• Monthly Fee: None
• How to earn it:
  • You must have a Tailored Checking account in good standing and open for at least 30 days.
  • To get the $50 reward:
    • Your friend must open the checking account using a valid promo code.
    • Your referred friend(s) must have an open, active account in good standing with at least $500 within 60 days of opening the account.

(No expiration date listed)

Fine Print

• The $50.00 reward will be deposited into both you and your friend’s LendingClub Bank N. A. account within 90 days of completion of the requirements.
• If you close your account for any reason before the end of the statement cycle, you will forfeit all rewards.
• 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.
• LendingClub Bank N. A. reserves the right to modify or discontinue this program at any time.
• Annual Percentage Yield (APY) is accurate as of 09/07/2021.
• Minimum amount to open account is $100.00.
• Rate tiers are as follows: 0.00% APY applies to balances of $0.01–$4,999.99, and 0.10% APY applies to the entire balance on balances of $5,000 or more.
• Rates may change after account is opened.
• Fees may reduce earnings.

How to Waive Monthly Fees

• Rewards Checking: No monthly fees
• Essential Checking: $9.00 monthly
• Tailored Checking: $10.00 monthly, waived with an average balance of $5,000

Conclusion

When you open a qualifying account or refer someone to open a new checking account, you’ll receive a great bonus offer. Additionally, you can receive another bonus for referring people to join.

LendingClub rates are decently competitive compared to traditional banks, however, it’s hard to compete with online banks, so check our best rates Savings, Money Market, and CD accounts.

• Best Savings/Money Market rates
• Best CD Account rates

Use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.

Feel free to comment below and let us know about how your experience went. We value your feedback and will continue to keep you posted on the latest bank offers nationwide.

Check back often for more LendingClub Bonuses, Promotions, or Offers!