Capital One vs. Lending Club
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 16, 2025
We earn a commission if you open an account through some links on this page.
Summary of Capital One vs. LendingClub
Key Metrics at a Glance
| Feature | Capital One | LendingClub |
|---|---|---|
| Top Savings APY | 3.40% 360 Performance Savings | 4.20% LevelUp Savings |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0 |
| Note | The advertised "LevelUp Rate" APY of 4.20% is only available if you deposit $250+ into the account each month. Otherwise the "Standard Rate" of 3.20% applies. |
Capital One
Strengths
- Capital One has over 200 branches, providing physical access for customers.
- Capital One's 360 Performance Savings account has no direct deposit requirement.
- Capital One has a high App Store rating of 4.9.
Potential Drawbacks
- Capital One's current APY is lower than it was 30 days ago at 3.4% (previously 3.5%).
LendingClub
Strengths
- LendingClub offers a higher APY of 4.2% for its LevelUp Savings account.
- LendingClub's APY remained stable at 4.2% over the past 30 days.
- LendingClub has no maintenance fees for its savings account.
Potential Drawbacks
- LendingClub has no physical branches, limiting in-person access.
- LendingClub is not BBB Accredited despite its A+ rating.
→ As of October 16, 2025 Capital One offers an APY of 3.40% for its 360 Performance Savings account, with a minimum balance of $0, compared to LendingClub's 4.20% APY for its LevelUp Savings account, with a minimum balance of $0.
→ LendingClub yields $80 more than Capital One on a $10,000 balance after one year. Capital One pays $340, while LendingClub pays $420 - an APY advantage for LendingClub.
Calculate Savings Growth for Capital One vs LendingClub
Capital One
Total savings breakdown:
- Interest earned: $2,050.5 (10.23%)
- Total contributions: $13,000 (64.84%)
- Initial deposit: $5,000 (24.94%)
Your total balance
$20,050.50
Total balance: $20,050.5
Earnings: $2,050.5
Bank OverviewLendingClub
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Capital One's total earnings would be $513.8 lower than LendingClub's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Capital One's vs LendingClub's Savings Accounts
| Capital One | LendingClub | ||
|---|---|---|---|
| Product | 360 Performance Savings | vs | LevelUp Savings |
| APY | 3.40% (as of 10/16/2025) | 3.20% - 4.20% (as of 10/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | No | Yes | |
| Compound Frequency | Monthly | Daily | |
| Minimum Deposit | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Note | The advertised "LevelUp Rate" APY of 4.20% is only available if you deposit $250+ into the account each month. Otherwise the "Standard Rate" of 3.20% applies. | ||
| App Store Rating | 4.9/5 | 4.8/5 | |
| Google Play Rating | 4.5/5 | 4.5/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 9 Months)
| Capital One | LendingClub | ||
|---|---|---|---|
| Product | 360 Performance Savings | vs | LevelUp Savings |
| Latest APY | 3.40 % | 4.20 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -3.7 | -4.4 | |
| Rate Changes / Mo | 0.45 | 0.22 | |
| Days Since Last Change | 15 | 97 | |
| High (-9 m) | 3.80 % | 4.50 % | |
| Low (-9 m) | 3.40 % | 4.20 % | |
| Draw-down from High | -10.5 % | -6.7 % | |
| Volatility (CV) | 0.028 | 0.028 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-9 m)
- Highest APY in the last 268 days.
- Low (-9 m)
- Lowest APY in the last 268 days.
- Draw-down from High
- How far today sits below the 9-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.