Lending Club is currently offering a 2% cash bonus on transfers of $2,500 or more that are made before October 31, 2010.
Add $2,500 or more in new funds to your Lending Club account by October 31, 2010, and invest your new funds by November 30, 2010, to receive a 2% cash bonus.
Just log in to your Lending Club Account, where you’ll see this promotional offer listed on the right side of your online account interface.
The cash bonus will be credited to your account by November 15, 2010.
The cash bonus will be locked until your new funds have been invested.
Lending Club Promotion Terms & Conditions
To receive your bonus, all funds must be newly transferred between the date you enrolled in the program (but not earlier than October 7, 2010) and October 31, 2010, continuously maintained in your Lending Club account, and fully invested on the Lending Club platform by November 30, 2010, to unlock the bonus for withdrawal.
Existing account balances and transfers prior to your program enrollment date will not be counted towards satisfaction of the necessary load to earn this bonus.
Your bonus, if any, will be deposited in your Lending Club account by November 15, 2010.
Failure to fully invest the new funds by November 30, 2010, will result in your forfeiture of the bonus amount and its automatic withdrawal by Lending Club.
Transactions in the secondary market (the trading platform operated in by FolioFN) do not count as “investing funds” or towards unlocking the bonus.
You are responsible for any taxes related to this offer.
This offer may not be combined with any other offer.
There is a limit of 1 bonus per tax ID and a maximum bonus of $2,000 per tax ID.
1% Lending Club Investment Bonus
Lending Club is currently offering new customers a 1% cash bonus when you invest at least $5,000 through a Lending Club customer referral.
You must open a new Lending Club investment account and invest at least $5,000 to qualify for this 1% bonus.
Check out this Lending Club Sign-Up Bonus to get a bonus for opening a new Lending Club investor account.
News Release from Lending Club
The Recession is Over, But the Fear Remains
On September 20, 2010, the National Bureau of Economic Research reported that the longest recession since World War II, lasting 18 months, ended in June 2009. That was 15 months ago and may have been an academic milestone more than anything else.
A recent AmericanPulse survey showed that 81% of Americans believe the recession is not yet over. This feeling is understandable as many investment opportunities are simply not performing the way they did prior to the recession.
Over the last 15 months, Lending Club investors have seen the default rates fall and returns rise on their Lending Club Notes. This has caught the eye of many savvy investors who have considerably increased their investments at Lending Club during 2010.
To give you some perspective, our largest 1,000 accounts (by total dollars invested) have grown on average by 80% during 2010. In addition, we’ve seen an increasing number of professional investors, money managers, and financial advisors come to Lending Club during these uncertain times.
Why? Because Lending Club offers them something they cannot get anywhere else: access to Prime Consumer Notes with manageable risks and steady 9.66% net annualized returns**.
Take advantage of the Lending Club peer to peer lending network to get cash bonuses and high interest rate returns on your investments.