When you invite friends to join the club, they can earn up to $700 in investment credits.1
To qualify, your friends must open a new LendingClub account with your invite link and invest within 90 days of opening that account. They will earn investment credits based on their account type and how much they invested within 90 days opening an account.
|Amount invested||Credit for a taxable account||Credit for a retirement account|
1 This offer is valid for new LendingClub Notes investors. To be eligible, your friend must: 1) register using your unique link, 2) transfer New Funds to their account, 3) invest within 90 days of opening the account, and 4) meet the eligibility requirements to invest through LendingClub, including the state suitability requirements.
For the purpose of this offer, “New Funds” means funds that have been deposited from an external source into a new LendingClub investment account. Additionally, “invest”, “investment” or “investing” means funds have been used to purchase Notes on the primary market.
The amount of any investing credit will be determined based on both the amount of New Funds transferred from external accounts before the 90-day deadline and the amount of those New Funds invested within those 90 days. The account credit, if awarded, will be processed by the 120th day of the account's opening date.
Investment credits available for a taxable account: Transfer and invest $2,500 to $5,499 and get $25 to invest; transfer and invest $5,500 to $12,499 and get $50 to invest; transfer and invest $12,500 to $24,999 and get $100 to invest; transfer and invest $25,000 to $49,999 and get $200 to invest; transfer and invest $50,000 to $99,999 and get $400 to invest; transfer and invest $100,000 or more and get $700 to invest.
Investment credits available for a retirement account: Transfer and invest $5,500 to $12,499 and get $50 to invest; transfer and invest $12,500 to $24,999 and get $100 to invest; transfer and invest $25,000 to $49,999 and get $200 to invest; transfer and invest $50,000 to $99,999 and get $400 to invest; transfer and invest $100,000 or more and get $700 to invest.
Investment credits can be used solely for investing in Notes offered by LendingClub on the primary market and will not be available for withdrawal as cash or transfer from the account to which they are credited. Investment credits may be subject to U.S. income tax and any taxes related to the investment credits are the recipient’s responsibility. Existing accounts are not eligible for this offer. LendingClub may discontinue the invite-a-friend program at any time without notice.