Discover vs LendingClub
LendingClub loans carry a lower rate at 6.53% APR versus Discover's 7.99% APR, making it the cost-effective choice for borrowers focused on interest expense. Discover may appeal to those prioritizing an established brand with FDIC backing, though both products offer $0 minimums and no monthly fees.
Option A
Discover
7.99%
APR
- Min
- $2500
- Fee
- $0/mo
Best for: savers who prefer well-known institutions
Open with Discover →How this comparison was built
Rates and fees are pulled from each provider's published rate disclosures and reviewed by our product data pipeline. The verdict above is generated from the verified data — we don't accept payments to influence rankings. Last refreshed 8/23/2026.