Elevault vs. Lending Club
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 16, 2025
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Summary of Elevault vs. LendingClub
Key Metrics at a Glance
| Feature | Elevault | LendingClub |
|---|---|---|
| Top Savings APY | 4.08% High Yield Savings Account | 4.20% LevelUp Savings |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0 |
| Note | The 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | 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. |
Elevault
Strengths
- Elevault offers a competitive APY of 4.08%, although it decreased from 4.34% in the last 30 days.
- No maintenance fees associated with the High Yield Savings Account.
- Elevault has a lower minimum deposit and balance requirement of $0.
Potential Drawbacks
- Elevault's APY is lower than LendingClub's 4.20%.
- Elevault has a lower App Store rating of 3.7 compared to LendingClub's 4.8.
- No branches available for Elevault.
LendingClub
Strengths
- LendingClub offers a higher APY of 4.20%, consistent over the last 30 days.
- LendingClub has a better App Store rating of 4.8 compared to Elevault.
- No maintenance fees associated with the LevelUp Savings account.
Potential Drawbacks
- LendingClub's APY requires a monthly deposit of $250 to avoid a lower rate of 3.20%.
- LendingClub has no branches available.
- LendingClub has a lower Google Play rating of 4.6 compared to Elevault's 3.9.
→ As of November 16, 2025 Elevault offers an APY of 4.08% for its High Yield 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 $12 more than Elevault on a $10,000 balance after one year. Elevault pays $408, while LendingClub pays $420 - an APY advantage for LendingClub.
Calculate Savings Growth for Elevault vs LendingClub
Elevault - High Yield Savings Account
Total savings breakdown:
- Interest earned: $2,486.4 (12.14%)
- Total contributions: $13,000 (63.46%)
- Initial deposit: $5,000 (24.41%)
Your total balance
$20,486.40
Total balance: $20,486.4
Earnings: $2,486.4
Bank OverviewLendingClub - LevelUp Savings
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, Elevault's total earnings would be $77.9 lower than LendingClub's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Elevault's vs LendingClub's Savings Accounts
| Elevault | LendingClub | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | LevelUp Savings |
| APY | 4.08% (as of 11/16/2025) | 3.20% - 4.20% (as of 11/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Note | The 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | 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 | 3.7/5 | 4.8/5 | |
| Google Play Rating | 3.9/5 | 4.6/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 3 Months)
| Elevault | LendingClub | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | LevelUp Savings |
| Latest APY | 4.08 % | 4.20 % | |
| Trend | Falling | Sideways | |
| Slope (bps/mo) | -16.6 | 0.0 | |
| Rate Changes / Mo | 0.59 | 0.00 | |
| Days Since Last Change | 12 | 101 | |
| High (-3 m) | 4.60 % | 4.20 % | |
| Low (-3 m) | 4.08 % | 4.20 % | |
| Draw-down from High | -11.3 % | 0.0 % | |
| Volatility (CV) | 0.042 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 3 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 (-3 m)
- Highest APY in the last 102 days.
- Low (-3 m)
- Lowest APY in the last 102 days.
- Draw-down from High
- How far today sits below the 3-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.