LendingClub vs. Valley Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
LendingClub
LevelUp Savings
Up to4.20%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppRange: 3.20% – 4.20%Show Fine Print & Trends Hide Details
LendingClub
LevelUp Savings
Valley Direct
High-Yield Savings Account
Up to4.10%APYDec 6, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppRange: 3.50% – 4.10%Show Fine Print & Trends Hide Details
Valley Direct
High-Yield Savings Account
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. Valley Direct
Why LendingClub?
- ✓Higher potential APY (4.20% vs 4.10%) on all balances
- ✓Available to New & Existing Customers
Why Valley Direct?
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
LendingClubLendingClub's LevelUp Savings earns more on smaller deposits (approx. $420 vs $410/yr).
Better Returns at $25,000
LendingClubLendingClub's LevelUp Savings pulls ahead with larger amounts (approx. $1050 vs $1025/yr).
Best for Simplicity
Valley DirectValley Direct's High-Yield Savings Account offers 4.10% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, LendingClub's LevelUp Savings pays $10 more interest on a $10,000 balance than Valley Direct's High-Yield Savings Account.
Executive Summary
LendingClub offers a competitive LevelUp Savings account with an APY of 4.20%, which is available when depositing $250 or more each month; otherwise, a lower rate of 3.20% applies. In contrast, Valley Direct's High-Yield Savings Account provides an APY of 4.10%, but this rate is limited to new customers, with existing customers receiving a lower rate of 3.50%. Both accounts are online-only and have no maintenance fees, but LendingClub's account allows for smaller deposits to achieve the higher rate, making 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.
Top Market Contenders
See who beats both LendingClub and Valley Direct.
| Feature | LendingClub | Valley Direct |
|---|---|---|
| APY | 4.20% Range: 3.20% - 4.20% Verified: 12/6/2025 Stable (90d) | 4.10% Range: 3.50% - 4.10% Verified: 12/6/2025 ↘︎ 0.20%90d Change |
| Product Name | LevelUp Savings | High-Yield Savings Account |
| Minimum Deposit | $0 | $1,000 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.7 | iOS4.8 Android4.5 |
| BBB Rating | A+ | A+ |
| Important Notes | 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. | Promo rate for new customers. 3.50% APY applies to existing customers. |
| Next Steps |
Savings Comparison
LendingClub earns $64.9 more than Valley Direct.
LendingClub
LevelUp Savings
Savings Breakdown
- Interest Earned+$2,564.30(12.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,564.30
Valley Direct
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,499.40(12.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,499.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | LendingClub | Valley Direct |
|---|---|---|
| LevelUp Savings | High-Yield Savings Account | |
Current APY | 4.20% | 4.10% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.9 | 1.9 |
Days Since Change | 148 | 71 |
12-Month High | 4.75% | 4.55% |
12-Month Low | 4.20% | 3.75% |
Adjustments / Mo | 0.25 | 0.68 |
Volatility Score | 0.033 | 0.049 |
How to read these metrics(Click to expand)
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