LendingClub vs OneMain Financial

LendingClub charges 6.53% APR versus OneMain Financial's 11.99% APR, and LendingClub deposits are FDIC-insured while OneMain's are not. Both require $0 minimum and charge no monthly fees. LendingClub is the stronger choice across rate, protection, and trust metrics.

Option A

LendingClub

6.53%
APR
Min
$1000
Fee
$0/mo
Best for: rate-maximizing savers
Open with LendingClub
Option B

OneMain Financial

11.99%
APR
Min
$1500
Fee
$0/mo
Best for: savers prioritizing brand familiarity
Open with OneMain Financial

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.