Bread Savings vs LendingClub Bank
Head-to-head comparison of Bread Savings High-Yield Savings and LendingClub LevelUp Savings, updated daily.
LendingClub Bank currently wins on APY: 4.50% vs 4.40%
| Feature | Bread SavingsUpdated 1d ago | LendingClub BankUpdated 1d ago |
|---|---|---|
| APY | 4.40% | 4.50%★ |
| Min opening deposit | $100 | $0★ |
| Min balance for APY | $100 | $0★ |
| Monthly fee | $0.00 | $0.00 |
| Insurance | FDIC | FDIC |
| Compounding | daily | daily |
| ATM access | No | Yes★ |
| Check writing | No | No |
| Mobile app | No | Yes★ |
| Editor rating | 4.1 / 5 | 4.3 / 5★ |
Bread Savings verdict
Bread Savings is bare-bones and proud of it. There is no mobile app, no checking, no ATM — just a savings account with a competitive APY. For savers who want to "set and forget" without temptation to spend, the lack of features is a feature.
Read full Bread Savings 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 →