LendingClub's checking account is a low-cost product with no monthly service fee, no minimum balance requirement, and unlimited free deposits and withdrawals. The company reimburses customers for any fees they're assessed when using out-of-network or foreign ATMs.
LendingClub customers can access their accounts online or via the company's mobile app. The company offers various deposit methods, including mobile deposit, transfer from a linked account, ATM, and mail. You can link a wide range of external accounts to your LendingClub checking account, including brokerage and retirement accounts. The LendingClub mobile app also includes various tools for budgeting, expense, debt, and net worth tracking, and more. LendingClub accounts are FDIC-insured.

LendingClub checking accounts have few restrictions or fees. The company doesn't charge a monthly service fee or require customers to maintain a minimum balance. ATM transactions are free worldwide: the company refunds any fees customers might have to pay to use foreign or out-of-network ATMs

LendingClub is currently not rated by the Better Business Bureau but earns 4.5 out of 5 stars from users who rate the organization on the BBB site. The company receives 4.8 out of 5 stars on Trustpilot, which is impressive for a company that also provides personal loans and other types of credit. LendingClub has also earned "best checking account" awards from various organizations that rate financial products. You can chat with a live customer representative—not just a chatbot—on the LendingClub website. The representative we chatted with was knowledgeable and prepare to answer several questions.