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Author Topic: Is anyone using Lending Club as a bank account now?

  • *****
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I have like a thousand bucks left in my Lending Club account and I see all the alerts from them to convert those funds into their "high yield" founders savings account at .75% APR. Such yield! But I am curious if anyone else is using Lending Club as a bank.
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  • *****
  • Hero Member
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Not me
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  • ****
  • Sr. Member
  • Posts: 325
Our cash is in Ally which is only paying 0.50% but it is reliable, quick, and convenient.  They've improved their "bucket" management and flexibility since it has come out which is pretty handy for planning at a high-level.
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