LendingClub Bank vs Synchrony Bank
Head-to-head comparison of LendingClub LevelUp Savings and Synchrony High Yield Savings, updated daily.
LendingClub Bank currently wins on APY: 4.50% vs 4.35%
| Feature | LendingClub BankUpdated 1d ago | Synchrony BankUpdated 1d ago |
|---|---|---|
| APY | 4.50%★ | 4.35% |
| 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 | No | No |
| Mobile app | Yes | Yes |
| Editor rating | 4.3 / 5★ | 4.2 / 5 |
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 →Synchrony Bank verdict
Synchrony is the only top-10 HYSA on our list that ships with an ATM card by default — useful if you want true cash access from a savings account. APY is competitive but not category-leading.
Read full Synchrony Bank review →