LendingClub vs. Pibank
Pibank edges out LendingClub slightly at 4.10% vs 4.00% APY. On a $10,000 balance, the difference is just $10 per year—so other factors may matter more.
The Bottom Line
The LendingClub and Pibank savings accounts are very similar. Choose LendingClub if mobile app quality matters.
| Metric | LendingClubLevelUp Savings Jul 20, 2026 | PibankPibank Savings Jul 20, 2026 |
|---|---|---|
| APY | 3.00% - 4.00% | 4.10% |
Est. Earnings | $5,000+$200 $10,000+$400 $25,000+$1,000 | $5,000+$205 $10,000+$410 $25,000+$1,025 |
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 AppDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsDaily CompoundingStable Rate |
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.
Comparison Analysis
Comparing LendingClub vs. Pibank
Executive Summary
Pibank offers the highest APY with its Pibank Savings account, providing a competitive rate of 4.10%, which is slightly higher than LendingClub's LevelUp Savings account at 4.00%. Both accounts are online-only, require no maintenance fees, and have no minimum deposit requirements, making them accessible options for savers. However, LendingClub's higher APY is contingent upon depositing $250 or more each month; otherwise, a lower rate of 3.00% applies. Both banks are noted for their user-friendly mobile applications, with LendingClub receiving recognition for its superior app experience.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why LendingClub?
- ✓Higher rated iOS app (4.8 vs 2.1)
- ✓Higher rated Android app (4.7 vs 1.8)
Why Pibank?
- ✓No checking account or direct deposit required
— Key Feature Differences —
Best for Simplicity
PibankPibank's Pibank Savings offers 4.10% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
LendingClubLendingClub offers an iOS app rated 4.8 (vs. 2.1) and Android app rated 4.7 (vs. 1.8)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $10 more interest on a $10,000 balance than LendingClub's LevelUp 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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LendingClub vs. Pibank Savings Calculator
You earn $10 more with Pibank than LendingClub 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.
LendingClub
LevelUp Savings
Savings Breakdown
- Interest Earned+$400.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,400.00
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$410.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,410.00
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 $399 per year in interest.
Both LendingClub and Pibank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | LendingClub | Pibank |
|---|---|---|
| APY | 4.00% Range: 3.00% - 4.00% Verified: 7/20/2026 Stable (90d) | 4.10% Verified: 7/20/2026 ↘︎ 0.30%90d Change |
| Product Name | LevelUp Savings | Pibank Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | 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 LendingClub Non-sponsored link to official site | Visit SiteVerify at Pibank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | LendingClub | Pibank |
|---|---|---|
| LevelUp Savings | Pibank Savings | |
Current APY | 4.00% | 4.10% |
Trend | Stable | Stable |
Velocity (bps/mo) | -2.3 | -2.8 |
Days Since Change | 220 | 18 |
12-Month High | 4.20% | 4.60% |
12-Month Low | 4.00% | 4.10% |
Adjustments / Mo | 0.08 | 0.16 |
Volatility Score | 0.023 | 0.029 |
How to read these metrics(Click to expand)
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More Comparisons
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 | 3.00% | $0 |
| LendingClub vs Axos Bank | 4.21% | $0 |
| LendingClub vs Barclays | 3.65% | $0 |
| LendingClub vs Capital One | 3.00% | $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 | 3.40% | $0 |
| LendingClub vs Newtek Bank | 4.20% | $0.01 |
| LendingClub vs Openbank | 4.00% | $500 |
| LendingClub vs SoFi Bank | 3.80% | $0 |
| LendingClub vs Synchrony Bank | 3.30% | $0 |
| LendingClub vs Varo Bank | 5.00% | $0 |
| LendingClub vs Wealthfront | 4.20% | $0 |