High-Yield Savings Account Comparison

Elevault vs. LendingClub

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 6, 2025
Advertising Disclosure: We may earn a commission from partner links.

Elevault

High Yield Savings Account

4.08%
APY
Dec 6, 2025
FDIC InsuredNo Minimums
Show Fine Print & Trends

LendingClub

LevelUp Savings

Up to
4.20%
APY
Dec 6, 2025
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
Range: 3.20% 4.20%
Show Fine Print & Trends

Rate Stability

Very StableNo rate changes in last 90 days

Prefer In-Person Banking?

Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.

Find Branch Access

Comparison Analysis

Comparing Elevault vs. LendingClub

Updated: Dec 6, 2025

Why Elevault?

  • No checking account or direct deposit required

Why LendingClub?

  • Higher potential APY (4.20% vs 4.08%) on all balances
  • Higher rated iOS app (4.8 vs 3.7)
  • Higher rated Android app (4.7 vs 3.9)

— Key Feature Differences —

Better Returns at $10,000
LendingClub

LendingClub's LevelUp Savings earns more on smaller deposits (approx. $420 vs $408/yr).

Better Returns at $25,000
LendingClub

LendingClub's LevelUp Savings pulls ahead with larger amounts (approx. $1050 vs $1020/yr).

Best for Simplicity
Elevault

Elevault's High Yield Savings Account offers 4.08% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
LendingClub

LendingClub offers an iOS app rated 4.8 (vs. 3.7) and Android app rated 4.7 (vs. 3.9)

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, LendingClub's LevelUp Savings pays $12 more interest on a $10,000 balance than Elevault's High Yield Savings Account.

ElevaultLendingClub
Automated Data Audit

Executive Summary

LendingClub's LevelUp Savings account offers a competitive APY of 4.20%, surpassing Elevault's High Yield Savings Account, which provides an APY of 4.08%. Both accounts require no minimum deposit, maintenance fees, or direct deposit, making them accessible options. However, LendingClub's higher rate is contingent upon depositing at least $250 each month, while Elevault's rate is available on balances up to $250,000 without any additional conditions. Both accounts are online-only and provide daily compounding interest, appealing to savers looking for straightforward savings solutions.

Analysis generated based on current Banksparency database records

* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.

Top Market Contenders

See who beats both Elevault and LendingClub.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.40% vs LendingClub
Better Rate
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.30% vs LendingClub
Better Rate
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.11% vs LendingClub
Better Rate
FeatureElevaultLendingClub
APY
4.08%
Verified: 12/6/2025
↘︎ 0.52%90d Change
4.20%
Range: 3.20% - 4.20%
Verified: 12/6/2025
Stable (90d)
Product NameHigh Yield Savings AccountLevelUp Savings
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS3.7
Android3.9
iOS4.8
Android4.7
BBB RatingA+A+
Important NotesThe 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.
Next Steps

Savings Comparison

Calculations based on current APY.
$
$

LendingClub earns $77.9 more than Elevault.

Elevault

High Yield Savings Account

4.08% APY

Savings Breakdown

  • Interest Earned
    +$2,486.40(12.1%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,486.40

Effective APY
4.08%

LendingClub

LevelUp Savings

4.20% APY

Savings Breakdown

  • Interest Earned
    +$2,564.30(12.5%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,564.30

Effective APY
4.20%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

📈 Compare Savings Rates Over Time

Historical Performance

Last 4 Months Analysis
MetricElevaultLendingClub
High Yield Savings AccountLevelUp Savings
Current APY
4.08%4.20%
Trend
Stable Stable
Velocity (bps/mo)
-16.6-0.0
Days Since Change
32121
4-Month High
4.60%4.20%
4-Month Low
4.08%4.20%
Adjustments / Mo
0.490.00
Volatility Score
0.0480.000
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 122-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare Elevault's APY of 4.08% with other banks
Compare LendingClub's APY of 4.20% with other banks
Bank PairCompetitor APYMin Deposit
LendingClub vs Ally Bank3.30%$0
LendingClub vs American Express3.40%$0
LendingClub vs Axos Bank4.31%$0
LendingClub vs Bank of America0.01%$100
LendingClub vs Barclays4.00%$0
LendingClub vs Bask Bank3.90%$0
LendingClub vs BMO Alto3.25%$0
LendingClub vs BrioDirect4.00%$5,000
LendingClub vs Capital One3.40%$0
LendingClub vs Chase Bank0.01%$0
LendingClub vs Chime3.50%$0
LendingClub vs CIT Bank3.75%$100
LendingClub vs Citibank3.30%$0
LendingClub vs Citizens Access™3.35%$0.01
LendingClub vs Climate First Bank4.21%$50
LendingClub vs Discover Bank3.40%$0
LendingClub vs EverBank4.05%$0
LendingClub vs Fitness Bank4.75%$100
LendingClub vs FNBO Direct3.00%$1
LendingClub vs Forbright Bank4.00%$0
LendingClub vs FVCbank3.85%$500
LendingClub vs GO2bank4.50%$0
LendingClub vs Ivy Bank4.25%$2,500
LendingClub vs Marcus by Goldman Sachs3.65%$0
LendingClub vs Neighbors Bank4.50%$0
LendingClub vs Newtek Bank4.35%$0.01
LendingClub vs Openbank4.20%$500
LendingClub vs Peak Bank4.20%$100
LendingClub vs Pibank4.60%$0
LendingClub vs PNC3.53%$0
LendingClub vs Presidential Bank4.00%$5,000
LendingClub vs Quontic Bank3.75%$100
LendingClub vs Salem Five Direct3.71%$10
LendingClub vs Santander Bank0.01%$25
LendingClub vs SoFi Bank4.30%$0
LendingClub vs Synchrony Bank3.65%$0
LendingClub vs TIMBR4.40%$1,000
LendingClub vs UFB Direct3.71%$5000
LendingClub vs Valley Direct4.10%$1,000
LendingClub vs Varo Bank5.00%$0
LendingClub vs Vio Bank4.16%$100
LendingClub vs Wealthfront4.15%$0
LendingClub vs Wells Fargo0.05%$25
LendingClub vs Zynlo Bank4.05%$10