Lending Club vs. Quontic Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of LendingClub vs. Quontic Bank

Key Metrics at a Glance

FeatureLendingClubQuontic Bank
Top Savings APY

4.20%

LevelUp Savings

3.75%

High Yield Savings

Minimum to Open$0$100
Minimum Balance for Top APY$0$0
NoteThe 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.

LendingClub

Strengths

  • LendingClub offers a higher APY of 4.20% compared to Quontic Bank's 3.75%.
  • LendingClub has no minimum deposit requirement for opening an account.
  • LendingClub has a strong App Store rating of 4.8.

Potential Drawbacks

  • LendingClub's APY is contingent on a $250 monthly deposit.
  • LendingClub has no physical branches for customer service.
  • LendingClub's Google Play rating is lower at 4.6.

Quontic Bank

Strengths

  • Quontic Bank has a higher Google Play rating of 4.8.
  • Quontic Bank has no direct deposit requirement for its savings account.
  • Quontic Bank has a straightforward APY of 3.75% without conditions.

Potential Drawbacks

  • Quontic Bank's APY of 3.75% is lower than LendingClub's 4.20%.
  • Quontic Bank requires a minimum deposit of $100 to open an account.
  • Quontic Bank has no branches for banking services.
Summary: LendingClub offers a higher APY of 4.20% for its LevelUp Savings, but it requires a $250 monthly deposit to achieve this rate. Quontic Bank provides a simpler APY of 3.75% with no deposit conditions but requires a $100 minimum to open an account. Both banks lack physical branches, but Quontic has a slightly better Google Play rating. Overall, LendingClub is better for higher returns, while Quontic offers easier access.

→ As of November 12, 2025 LendingClub offers an APY of 4.20% for its LevelUp Savings account, with a minimum balance of $0, compared to Quontic Bank's 3.75% APY for its High Yield Savings account, with a minimum balance of $0.

LendingClub yields $45 more than Quontic Bank on a $10,000 balance after one year. LendingClub pays $420, while Quontic Bank pays $375 - an APY advantage for LendingClub.

Calculate Savings Growth for LendingClub vs Quontic Bank

All calculations are based on APY.

LendingClub - LevelUp Savings

Top APY: 4.20%

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

Effective APY: 4.20% (based on your deposit and contributions)

Total balance: $20,564.3

Earnings: $2,564.3

Bank Overview

Quontic Bank - High Yield Savings

Top APY: 3.75%

Total savings breakdown:

  • Interest earned: $2,273.8 (11.22%)
  • Total contributions: $13,000 (64.12%)
  • Initial deposit: $5,000 (24.66%)

Your total balance

$20,273.80

Effective APY: 3.75% (based on your deposit and contributions)

Total balance: $20,273.8

Earnings: $2,273.8

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, LendingClub's total earnings would be $290.5 higher than Quontic Bank's total earnings.

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

Compare LendingClub's vs Quontic Bank's Savings Accounts

LendingClubQuontic Bank
ProductLevelUp SavingsvsHigh Yield Savings
APY
3.20% - 4.20% (as of 11/12/2025)3.75% (as of 11/12/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
DailyDaily
Minimum Deposit$0$100
Minimum Balance for APY$0$0
Maintenance Fee$0$0
Direct Deposit Required
NoNo
NoteThe 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 Rating4.8/54.8/5
Google Play Rating4.6/54.8/5
BBB RatingA+A+

Comparative Historical APY Insights (Last 10 Months)

LendingClubQuontic Bank
ProductLevelUp SavingsvsHigh Yield Savings
Latest APY4.20 %3.75 %
TrendSidewaysSideways
Slope (bps/mo)-4.0-1.5
Rate Changes / Mo0.200.10
Days Since Last Change125139
High (-10 m)4.50 %3.85 %
Low (-10 m)4.20 %3.75 %
Draw-down from High-6.7 %-2.6 %
Volatility (CV)0.0290.013
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 10 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 (-10 m)
Highest APY in the last 295 days.
Low (-10 m)
Lowest APY in the last 295 days.
Draw-down from High
How far today sits below the 10-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.

More Comparisons

Compare LendingClub's APY of 4.20% with other banks
Compare Quontic Bank's APY of 3.75% with other banks