Novo business bank review
LendingClub
| Products | Checking, savings, CDs |
| Fees | Monthly maintenance, wire transfer and currency conversion fees |
| ATM Network | 37,000+ |
LendingClub Bank (formerly Radius Bank) offers rewards checking and high yield savings accounts, with the latter earning some of the most competitive rates around. Savers can also open CD accounts with terms ranging from six months to five years.
While LendingClub is worth considering if you’re after competitive interest rates and low fees, as an online bank, it lacks the range of products and services you might find at a national brick-and-mortar bank. LendingClub has a respectable ATM network, but you’ll also have to be comfortable managing your money through online or mobile banking.
This review focuses on personal banking products and services offered by LendingClub Bank. All fee and interest rate information is accurate as of April 25, 2024.
- Checking accounts earn interest and cash-back rewards
- No monthly maintenance or overdraft fees
- No ATM fees, plus fee rebates for out-of-network ATM use
- No physical locations
- Limited lending and investing products
