The Lending Club peer lending network is offering up to a $1,000 cash bonus to new Lending Club IRA account investors.
Just open a new Lending Club IRA Account for Investors to earn up to a $1,000 cash bonus when you transfer funds to a new Lending Club IRA.
You can open your no-fee IRA with a 401K Rollover, IRA Transfer or ROTH Conversion, and Traditional, Roth, SEP and Simple IRA accounts are also available.
Currently only residents of the following states may invest in Lending Club notes: CA, CO, CT, DE, FL, GA, HI, ID, IL, KY, LA, ME, MN, MO, MS, MT, NH, NV, NY, RI, SC, SD, UT, VA, WA, WI, WV, or WY.
Lending Club IRA Cash Bonus Amounts
You’ll earn the following bonus amounts when you transfer funds to a new Lending Club IRA account:
- Transfers over $250,000 receive $1,000.
- Transfers between $100,000 to $249,999 receive $500.
- Transfers between $50,000 to $99,999 receive $250.
- Transfers between $25,000 to $49,999 receive $100.
Lending Club IRA Bonus Details
To receive your bonus, all funds must be:
1. Newly transferred within 60 days of opening the IRA.
2. Continuously maintained in your Lending Club account.
3. Fully invested on the Lending Club primary platform market within 90 days.
The funds that qualify you for this bonus offering will be locked for investment purposes only and unavailable for withdrawal.
You acknowledge and agree that Lending Club reserves the right to withdraw the full original value of the bonus amount delivered to you upon violation of any of these terms.
Failure to fully invest the new funds within 90 days of opening the IRA account will result in your forfeiture of the bonus amount.
Transactions in the secondary market (the trading platform operated in by FolioFN) do not count as “investing funds” or towards unlocking the bonus.
This offer may not be combined with any other offer.
There is a limit of 1 bonus per tax ID with a maximum bonus of $1,000 per tax ID.
Lending Club No-Fee IRAs
To qualify for a no-fee IRA, you must have an initial minimum balance of $5,000 or more in Lending Club Notes and maintain this invested balance for the first 12 months.
To continue to qualify for the no-fee IRA after the first year, you must maintain an invested balance of $10,000 or more in Lending Club Notes.
All account balances are determined as of the last business day immediately prior to the anniversary date of the opening of your account.
An annual fee of $100 applies to accounts that don’t meet these requirements.
How To Open a Lending Club IRA Account
1. Visit LendingClub.com.
2. Click on the “Start Investing Today” button for investors on the middle right side of the page.
3. Click the “Open a Lending Club IRA Today” link on the bottom left side of the page.
Take advantage of this Lending Club IRA bonus offer to earn up to a $1,000 cash bonus from Lending Club.
You may also be interested in the Lending Club Cash Back Bonus for new investors who open a standard Lending Club investment account.
Open a Lending Club IRA account today to qualify for up to $1,000 in cash bonuses from the Lending Club peer lending network.