01 September, 2025 | Monday
/FinTech Business Asia

LendingClub Bank Unveils LevelUp Checking, a Smarter Way to Earn Cash Back

20 June 2025 | Friday | News

New Digital-First Account Rewards Members with Up to 2% Cash Back for Everyday Spending and On-Time Loan Payments
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

LendingClub Bank, America's leading digital marketplace bank and a subsidiary of LendingClub Corporation , announced the launch of LevelUp Checking, the latest in its growing set of smart, simple, and rewarding digital-first financial solutions.

 LevelUp Checking is designed to reward LendingClub members for making smart financial decisions and using money they have rather than money they borrow. Members will have the opportunity to receive 1% unlimited cash back1 when they use their LevelUp Checking debit card for gas, grocery, and pharmacy purchases. What's more, if they have a LendingClub personal loan, they will have the opportunity to get 2% of their monthly payment in cash back2 for making on-time loan payments from their LevelUp Checking account – demonstrating that LendingClub products deliver even more value when used together.

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