Lending Club vs. Vio Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of LendingClub vs. Vio Bank
Key Metrics at a Glance
| Feature | LendingClub | Vio Bank |
|---|---|---|
| Top Savings APY | 4.20% LevelUp Savings | 4.21% Online Savings Account |
| Minimum to Open | $0 | $100 |
| Minimum Balance for Top APY | $0 | $0 |
| 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. |
LendingClub
Strengths
- LendingClub offers a competitive APY of 4.20% with a minimum deposit of $0.
- LendingClub has a higher App Store rating of 4.8 compared to Vio Bank's 4.6.
- No maintenance fees for LendingClub's LevelUp Savings account.
Potential Drawbacks
- LendingClub's APY drops to 3.20% without a monthly deposit of $250.
- LendingClub is not BBB Accredited, while Vio Bank is.
- LendingClub has no physical branches.
Vio Bank
Strengths
- Vio Bank offers a slightly higher APY of 4.21% with a minimum deposit of $100.
- Vio Bank has a lower maintenance fee of $0 if electronic statements are selected.
- Vio Bank is BBB Accredited, enhancing its credibility.
Potential Drawbacks
- Vio Bank's Google Play rating is lower at 3.3 compared to LendingClub's 4.6.
- Vio Bank's APY is not as flexible as LendingClub's with no lower rate based on deposit.
- Vio Bank also has no physical branches.
→ 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 Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.
→ Vio Bank yields $1 more than LendingClub on a $10,000 balance after one year. LendingClub pays $420, while Vio Bank pays $421 - an APY advantage for Vio Bank.
Calculate Savings Growth for LendingClub vs Vio Bank
LendingClub - LevelUp Savings
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
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewVio Bank - Online Savings Account
Total savings breakdown:
- Interest earned: $2,570.8 (12.50%)
- Total contributions: $13,000 (63.20%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,570.80
Total balance: $20,570.8
Earnings: $2,570.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, LendingClub's total earnings would be $6.5 lower than Vio Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare LendingClub's vs Vio Bank's Savings Accounts
| LendingClub | Vio Bank | ||
|---|---|---|---|
| Product | LevelUp Savings | vs | Online Savings Account |
| APY | 3.20% - 4.20% (as of 11/12/2025) | 4.21% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $100 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0, if electronic statements selected, otherwise $5 | |
| Direct Deposit Required | No | No | |
| 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. | ||
| App Store Rating | 4.8/5 | 4.6/5 | |
| Google Play Rating | 4.6/5 | 3.3/5 | |
| BBB Rating | A+ | A+ |
No historical data available.