Newtek Bank vs LendingClub
Newtek Bank High-Yield Savings pays 4.20% APY vs. LendingClub High-Yield Savings's 4.00%. Newtek Bank High-Yield Savings wins on rate; LendingClub High-Yield Savings carries a stronger brand reputation.
Option A
Newtek Bank
4.20%
APY
- Min
- $0
- Fee
- $0/mo
- FDIC
- Yes
Best for: rate-maximizing savers
Open with Newtek Bank →Option B
LendingClub
3.00%
APY
- Min
- $0
- Fee
- $0/mo
- FDIC
- Yes
Best for: There is no required deposit at the time of opening the LevelUp savings account at Happen Bank, nor are there monthly account fees, making it accessible to all savers.
Open with LendingClub →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 9/6/2026.