High-Yield Savings Account Comparison

LendingClub vs. Upgrade

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

Analysis by Aviel Fahl
Updated December 10, 2025

LendingClub

LevelUp Savings

Up to
4.20%
APY
Dec 10, 2025
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
Range: 3.20% – 4.20%
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 32551)
EligibilityUnited States
Mobile Ratings
iOS:4.8Android:4.7
BBB Rating
A+(Not BBB Accredited)

Important 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.

Rate Stability

Very StableNo rate changes in last 90 days
Read Bank Overview

Upgrade

Premier Savings

3.05%
APY
Dec 10, 2025
FDIC InsuredLow MinimumsGreat iOS AppGreat Android App
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$1,000
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 58410)
EligibilityUnited States
Mobile Ratings
iOS:4.9Android:4.5
BBB Rating
A+(BBB Accredited)

Rate Stability

Rate Adjusted
-0.97%
Since 90 days ago
Read Bank Overview

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

LendingClub vs. Upgrade Savings Calculator

Calculations based on current APY for LevelUp Savings and Premier Savings
$
$

LendingClub earns $734.7 more than Upgrade.

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%
View Details

Upgrade

Premier Savings

3.05% APY

Savings Breakdown

  • Interest Earned
    +$1,829.60(9.2%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$19,829.60

Effective APY
3.05%
View Details

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

Comparison Analysis

Comparing LendingClub vs. Upgrade

Updated: Dec 10, 2025

Why LendingClub?

  • ✓Higher potential APY (4.20% vs 3.05%) on all balances

Why Upgrade?

  • ✓No checking account or direct deposit required

— Key Feature Differences —

Better Returns at $10,000
LendingClub

LendingClub's LevelUp Savings earns more on smaller deposits (approx. $420 vs $305/yr).

Better Returns at $25,000
LendingClub

LendingClub's LevelUp Savings pulls ahead with larger amounts (approx. $1050 vs $763/yr).

Best for Simplicity
Upgrade

Upgrade's Premier Savings offers 3.05% APY with no bundling, direct deposit requirement or caps.

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 on APY (Interest Only)

Over a 1-year period, LendingClub's LevelUp Savings pays $115 more interest on a $10,000 balance than Upgrade's Premier Savings.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

UpgradeLendingClub
Automated Data Audit

Executive Summary

LendingClub offers a competitive LevelUp Savings account with an APY of 4.20%, provided that a monthly deposit of $250 or more is made; otherwise, the rate drops to 3.20%. This account is online-only and has no minimum balance or maintenance fees. In contrast, Upgrade's Premier Savings account provides a lower APY of 3.05%, also with no direct deposit requirement and a minimum balance of $1,000. Both accounts are FDIC insured and online-only, but LendingClub's higher APY makes it the more attractive option for savers.

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.

ExploreLendingClubExploreUpgrade

Top Market Contenders

See who beats both LendingClub and Upgrade.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.40% vs LendingClub
Better Rate
Pibank vs LendingClubPibank vs Upgrade
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.11% vs LendingClub
Better Rate
Axos Bank vs LendingClubAxos Bank vs Upgrade
TIMBR
Premium Savings Account
FDIC InsuredLow Minimums
4.40% APY
+0.20% vs LendingClub
Better Rate
TIMBR vs LendingClubTIMBR vs Upgrade
FeatureLendingClubUpgrade
APY
4.20%
Range: 3.20% - 4.20%
Verified: 12/10/2025
Stable (90d)
3.05%
Verified: 12/10/2025
↘︎ 0.97%90d Change
Product NameLevelUp SavingsPremier Savings
Minimum Deposit$0$0
Min. Balance for APY$0$1,000
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.8
Android4.7
iOS4.9
Android4.5
BBB RatingA+A+
Important NotesThe 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
- View Details
- View Details

📈 Compare Savings Rates Over Time

Historical Performance

Last 11 Months Analysis
MetricLendingClubUpgrade
LevelUp SavingsPremier Savings
Current APY
4.20%3.05%
Trend
 Stable Stable
Velocity (bps/mo)
-3.6-10.4
Days Since Change
15239
11-Month High
4.50%4.14%
11-Month Low
4.20%3.05%
Adjustments / Mo
0.190.28
Volatility Score
0.0290.105
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 322-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.

Compare Similar High-Yield Accounts

Compare LendingClub vs...

Comparing against Standard Savings

vs LendingClub
PibankNo Bundle Req
4.60%
APY
vs LendingClub
TIMBRNo Bundle Req
4.40%
APY
vs LendingClub
Newtek BankNo Bundle Req
4.35%
APY

Compare Upgrade vs...

Comparing against Standard Savings

vs Upgrade
PibankNo Bundle Req
4.60%
APY
vs Upgrade
TIMBRNo Bundle Req
4.40%
APY
vs Upgrade
Newtek BankNo Bundle Req
4.35%
APY

Higher Rates (With Checking)

Looking for something different? Check out these top-rated alternatives.

Checking Bundle
Axos Bank View Details
4.31%
APY
Checking Bundle
SoFi Bank View Details
4.30%
APY
Checking Bundle
Presidential Bank View Details
4.00%
APY

More Comparisons

Compare LendingClub's APY of 4.20% with other banks
Bank PairCompetitor APYMin Deposit
LendingClub vs Affirm3.60%$0
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 Betterment3.50%$10
LendingClub vs BMO Alto3.25%$0
LendingClub vs Bread Savings4.10%$100
LendingClub vs BrioDirect4.00%$5,000
LendingClub vs Capital One3.40%$0
LendingClub vs Charles Schwab Bank0.15%$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™3.15%$0.01
LendingClub vs Climate First Bank4.21%$50
LendingClub vs Discover Bank3.40%$0
LendingClub vs E*TRADE from Morgan Stanley3.75%$0
LendingClub vs Elevault4.08%$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 Bank4.30%$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 Sallie Mae Bank3.90%$0
LendingClub vs Santander Bank0.01%$25
LendingClub vs SoFi Bank4.30%$0
LendingClub vs Synchrony Bank3.65%$0
LendingClub vs TD Bank2.75%$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
Compare Upgrade's APY of 3.05% with other banks
Bank PairCompetitor APYMin Deposit
Upgrade vs Affirm3.60%$0
Upgrade vs Ally Bank3.30%$0
Upgrade vs American Express3.40%$0
Upgrade vs Axos Bank4.31%$0
Upgrade vs Bank of America0.01%$100
Upgrade vs Barclays4.00%$0
Upgrade vs Bask Bank3.90%$0
Upgrade vs Betterment3.50%$10
Upgrade vs BMO Alto3.25%$0
Upgrade vs Bread Savings4.10%$100
Upgrade vs BrioDirect4.00%$5,000
Upgrade vs Capital One3.40%$0
Upgrade vs Charles Schwab Bank0.15%$0
Upgrade vs Chase Bank0.01%$0
Upgrade vs Chime3.50%$0
Upgrade vs CIT Bank3.75%$100
Upgrade vs Citibank3.30%$0
Upgrade vs Citizens Access™3.15%$0.01
Upgrade vs Climate First Bank4.21%$50
Upgrade vs Discover Bank3.40%$0
Upgrade vs E*TRADE from Morgan Stanley3.75%$0
Upgrade vs Elevault4.08%$0
Upgrade vs EverBank4.05%$0
Upgrade vs Fitness Bank4.75%$100
Upgrade vs FNBO Direct3.00%$1
Upgrade vs Forbright Bank4.00%$0
Upgrade vs FVCbank3.85%$500
Upgrade vs GO2bank4.50%$0
Upgrade vs Ivy Bank4.25%$2,500
Upgrade vs Marcus by Goldman Sachs3.65%$0
Upgrade vs Neighbors Bank4.30%$0
Upgrade vs Newtek Bank4.35%$0.01
Upgrade vs Openbank4.20%$500
Upgrade vs Peak Bank4.20%$100
Upgrade vs Pibank4.60%$0
Upgrade vs PNC3.53%$0
Upgrade vs Presidential Bank4.00%$5,000
Upgrade vs Quontic Bank3.75%$100
Upgrade vs Salem Five Direct3.71%$10
Upgrade vs Sallie Mae Bank3.90%$0
Upgrade vs Santander Bank0.01%$25
Upgrade vs SoFi Bank4.30%$0
Upgrade vs Synchrony Bank3.65%$0
Upgrade vs TD Bank2.75%$0
Upgrade vs TIMBR4.40%$1,000
Upgrade vs UFB Direct3.71%$5000
Upgrade vs Valley Direct4.10%$1,000
Upgrade vs Varo Bank5.00%$0
Upgrade vs Vio Bank4.16%$100
Upgrade vs Wealthfront4.15%$0
Upgrade vs Wells Fargo0.05%$25
Upgrade vs Zynlo Bank4.05%$10