Capital One vs. LendingClub
Comparing Capital One and LendingClub for high-yield savings: Capital One's 360 Performance Savings pays 3.10% APY while LendingClub's LevelUp Savings pays 4.00% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? LendingClub pays $90 more than Capital One annually ($400 vs $310).
Choose Capital One if you value in-person banking, or you want Zelle for quick transfers. Choose LendingClub if getting the best rate matters most.
| Metric | Capital One360 Performance Savings May 12, 2026 | LendingClubLevelUp Savings May 12, 2026 |
|---|---|---|
| APY | 3.10% | 3.00% - 4.00% |
Est. Earnings | $5,000+$155 $10,000+$310 $25,000+$775 | $5,000+$200 $10,000+$400 $25,000+$1,000 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | The advertised "LevelUp Rate" APY of 4.00% is only available if you deposit $250+ into the account each month. Otherwise the "Standard Rate" of 3.00% applies. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often |
Comparison Analysis
Comparing Capital One vs. LendingClub
Executive Summary
LendingClub offers a competitive LevelUp Savings account with a 4.00% APY, which is superior to Capital One's 360 Performance Savings at 3.10% APY. However, to achieve the higher rate with LendingClub, a monthly deposit of $250 or more is required; otherwise, the rate drops to 3.00%. Both accounts have no minimum deposit or maintenance fees, and direct deposit is not required. While LendingClub's account is online-only, Capital One provides a more straightforward option without deposit conditions. For those looking for simplicity, Capital One is a solid choice, but for higher returns, LendingClub's LevelUp Savings is the winner.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Capital One?
- ✓No checking account or direct deposit required
- ✓Physical branch access (Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C.)
- ✓Fast transfers via Zelle® (up to $2,500 a day)
Why LendingClub?
- ✓Higher potential APY (4.00% vs 3.10%) on all balances
— Key Feature Differences —
Better Returns at $10,000
LendingClubLendingClub's LevelUp Savings earns more on smaller deposits (approx. $400 vs $310/yr).
Better Returns at $25,000
LendingClubLendingClub's LevelUp Savings pulls ahead with larger amounts (approx. $1000 vs $775/yr).
Best for Simplicity
Capital OneCapital One's 360 Performance Savings offers 3.10% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, LendingClub's LevelUp Savings pays $90 more interest on a $10,000 balance than Capital One's 360 Performance Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
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Capital One vs. LendingClub Savings Calculator
You earn $90 more with LendingClub than Capital One on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Capital One
360 Performance Savings
Savings Breakdown
- Interest Earned+$310.00(3.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,310.00
LendingClub
LevelUp Savings
Savings Breakdown
- Interest Earned+$400.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,400.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $309 per year in interest.
Both Capital One and LendingClub dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Capital One | LendingClub |
|---|---|---|
| APY | 3.10% Verified: 5/12/2026 ↘︎ 0.20%90d Change | 4.00% Range: 3.00% - 4.00% Verified: 5/12/2026 Stable (90d) |
| Product Name | 360 Performance Savings | LevelUp Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Monthly | Daily |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Physical Branches | Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C. | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Limit: $2,500/dayAvailable for 360 Checking accounts. | Not Supported |
| BBB Rating | A+ | A+ |
| Important Notes | - | The advertised "LevelUp Rate" APY of 4.00% is only available if you deposit $250+ into the account each month. Otherwise the "Standard Rate" of 3.00% applies. |
| Next Steps | Visit SiteVerify at Capital One Non-sponsored link to official site | Visit SiteVerify at LendingClub Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Capital One | LendingClub |
|---|---|---|
| 360 Performance Savings | LevelUp Savings | |
Current APY | 3.10% | 4.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.8 | -3.7 |
Days Since Change | 18 | 151 |
12-Month High | 3.60% | 4.40% |
12-Month Low | 3.10% | 4.00% |
Adjustments / Mo | 0.41 | 0.16 |
Volatility Score | 0.040 | 0.034 |
How to read these metrics(Click to expand)
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More Comparisons
Compare Capital One's APY of 3.10% with other banks
Compare LendingClub's APY of 4.00% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| LendingClub vs Ally Bank | 3.10% | $0 |
| LendingClub vs American Express | 3.20% | $0 |
| LendingClub vs Axos Bank | 4.21% | $0 |
| LendingClub vs Barclays | 3.75% | $0 |
| LendingClub vs Chime | 3.00% | $0 |
| LendingClub vs CIT Bank | 3.75% | $100 |
| LendingClub vs Discover Bank | 3.30% | $0 |
| LendingClub vs EverBank | 3.90% | $0 |
| LendingClub vs Marcus by Goldman Sachs | 3.50% | $0 |
| LendingClub vs Newtek Bank | 4.20% | $0.01 |
| LendingClub vs Openbank | 4.00% | $500 |
| LendingClub vs Pibank | 4.40% | $0 |
| LendingClub vs SoFi Bank | 4.00% | $0 |
| LendingClub vs Synchrony Bank | 3.40% | $0 |
| LendingClub vs Varo Bank | 5.00% | $0 |
| LendingClub vs Wealthfront | 4.20% | $0 |