Lending Club $50+ Sign Up Bonus
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UPDATE: This bonus has been discontinued.
Lending Club just announced a new sign up bonus, and it has the potential to be a big one if you play it right. Happy Free Money Friday!
Lending Club is offering a 1% sign up bonus, starting at $50, for new lenders!
How to Get Your $50+ Sign up Bonus
- Sign up as a lender using this special link: Lending Club $50+ Sign Up Bonus.
- Make an initial investment of $5,000 within 45 days of signing up.
- Get your 1% bonus within 15 days deposited to your account.
Here’s the kicker, I can’t find a maximum limit anywhere in the terms and conditions. So, while $50 is the least you’ll earn, it looks like the bonus may be limitless. Can this be true?
Lending Club Terms and Conditions
- To be eligible for the bonus, all funds must be newly transferred to your account within 45 days of your registration date, continuously maintained in your Lending Club account and fully invested on the Lending Club platform within 45 days of your registration date.
- Your bonus, if any, will be placed in your Lending Club account within 15 business days following the determination of your eligibility.
- Transactions in the secondary market (the trading platform operated by FolioFN) do not count as “investing funds” or towards unlocking the bonus.
- This bonus payment is taxable so please consult with your personal tax advisor. You are responsible for any taxes related to this offer.
For more lender details and information about Lending Club, check out our full Lending Club Review.
- Hot Free Money Deals: Barclaycard $440+ | $3,000+ in Bonuses
Hey there Madison, how’s it going? I was just wondering do you still have to earn a minimum of $75,000 a year to lend with Lending Club?? That’s the main reason I haven’t joined with them in the past…
Hi Dave, I’ve been lending with Lending Club since 2008, and while they do ask for your income, they make no attempt to verify it, nor will they ever check it and close your account. The first year I most certainly did not “qualify” at all, though last year I came close and this year I’ll break it.
Is this offer still valid?
Still no love from Lending Club for those of us in Ohio.
Great post Madison! I’ve been on the fence about Lending Club but this is a sign it’s time for me to join. I’m glad they don’t try to verify my income, I wish I made that much haha. Just out of curiosity, what has been your experience Madison?
Also thought lending club was a brilliant idea. Wish I had money to play around with. All in good time
When did/does this expire?