LendingClub Bank vs UFB Direct
Head-to-head comparison of LendingClub LevelUp Savings and UFB Secure Savings, updated daily.
UFB Direct currently wins on APY: 4.57% vs 4.50%
| Feature | LendingClub BankUpdated 1d ago | UFB DirectUpdated 1d ago |
|---|---|---|
| APY | 4.50% | 4.57%★ |
| 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★ | 4.0 / 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 →UFB Direct verdict
UFB Direct is one of the rate leaders and includes an ATM card, which is unusual. Our concern is customer service — UFB has had mixed reviews in third-party surveys. If you are confident you will not need much hand-holding, the math works in your favor.
Read full UFB Direct review →