One account that’s turning heads is the LendingClub LevelUp Savings account. It not only offers a killer rate (4.20% APY with $250+ in monthly deposits) but also includes a debit card tied to your savings account. Read our full LendingClub LevelUp Savings review here for more details.
2025 Award Winner
LendingClub LevelUp Savings
Member FDIC.
APY
Rate info
Circle with letter I in it.
LevelUp Rate of 4.20% APY applied to full balance with $250+ in deposits in Evaluation Period. Otherwise, accounts earn Standard Rate of 3.20% APY. LevelUp Rate applies for first two statement cycles. Rates variable & subject to change at any time. See terms: https://www.lendingclub.com/legal/deposits/levelup-savings-t-and-cs
Min. To Earn APY
$0 to open, $250 cumulative monthly deposits for max APY
- Competitive APY
- No fees
- Easy ATM access
- Unlimited number of external transfers (up to daily transaction limits)
- Requires you to make monthly deposits to earn the best APY
- ACH outbound transfers limited to $10,000 per day for some accounts
- No branch access; online only
The LendingClub LevelUp Savings account has a lot to offer. At the top of the list is its high APY, though you must deposit monthly to earn the best rate. Next is zero account fees, a strong and straightforward perk. Finally, you get a free ATM card, which you can use to withdraw from thousands of ATMs nationwide. Interested? You can open an account with $0.
I’m less tempted to dip into savings
A cool side benefit I’ve learned since setting up my HYSA is that I’m way less tempted to dip into my savings when it’s kept at a completely separate bank.
When all my money is piled together in one account, it’s easy to blur the line between spending and savings. But with a dedicated HYSA, the barrier is enough to keep me disciplined. I know the cash is there if I really need it, but it’s not staring me in the face every time I log into my regular banking app.
Plus, my high-yield savings account is FDIC insured up to $250,000. So I’ve got both mental security and financial security in one place.
It doesn’t cost me anything to keep
Fintech banks are amazing these days. They don’t nickel-and-dime you like traditional banks tend to do.
My HYSA has no monthly fees, no balance requirements, and no surprise charges that pop up randomly. So even if my bank balance drops to $0 for a few months, it won’t cost me anything to keep the account open. And all the interest I earn is pure profit.
The tech is better, too. My bank’s mobile app is super clean, simple, and doing transfers is really easy.
It’s still the best home for short-term cash
At the end of the day, my HYSA is where I keep money I can’t afford to risk. I don’t want to invest it because I might need it in a pinch.
Since it’s sitting idle most of the year, I want it earning the highest APY possible. Even if the Fed continues to drop rates and we get down to a measly 1.00%-2.00% APY in the next couple years, it’s still better than earning almost zero in a checking account.
Check out today’s best high-yield savings accounts and start earning more on your money.