Fidelity (Brokerage Cash) vs LendingClub Bank
Head-to-head comparison of Fidelity Cash Management Account and LendingClub LevelUp Savings, updated daily.
LendingClub Bank currently wins on APY: 4.50% vs 4.05%
| Feature | Fidelity (Brokerage Cash)Updated 1d ago | LendingClub BankUpdated 1d ago |
|---|---|---|
| APY | 4.05% | 4.50%★ |
| Min opening deposit | $0 | $0 |
| Min balance for APY | $0 | $0 |
| Monthly fee | $0.00 | $0.00 |
| Insurance | FDIC | FDIC |
| Compounding | daily | daily |
| ATM access | Yes | Yes |
| Check writing | Yes★ | No |
| Mobile app | Yes | Yes |
| Editor rating | 4.6 / 5★ | 4.3 / 5 |
Fidelity (Brokerage Cash) verdict
Fidelity's Cash Management Account is the cleanest "all-in-one" replacement for both checking and savings if you are willing to use a brokerage. The ATM fee reimbursement is industry-leading. Yield is slightly below the pure-play HYSAs but the convenience and integration usually justify it.
Read full Fidelity (Brokerage Cash) review →LendingClub Bank verdict
LendingClub LevelUp is a clever product — the bonus tier is unlocked with just $250/month in deposits, which is achievable for almost anyone. For accumulators (people building savings, not draining them), this is one of the best structures on the market.
Read full LendingClub Bank review →