The Lending Club referral program is providing several new investment account bonuses for $25 to $100 in bonus cash when you invest in Lending Club.
Offer Expired: At this time, Lending Club has informed me that they are not offering cash bonuses to new investors.
The Lending Club referral program allows current investors to refer new investors with special cash promotions.
Current members will not earn a cash reward for referring new members, but new customers can earn a sign-up bonus when you join through a current customer’s referral.
The standard Lending Club Referral Bonus that I personally see available in my account is for $25 when you invest $2,500.
However, by manipulating the last 4 digits of the referral link, you can produce several different offers, which may be available for new account members.
Lending Club New Investment Account Bonuses
Updated 12/18/2013: The referral links have been removed at this time, as Lending Club is not currently offering referral bonuses to investors.
How To Manipulate Referral Links
You can change the promotional terms by altering the last 4 digits of the referral link URL.
If you open any of the above referral links, you can then view the last 4 digits and alter them.
For instance, the last 4 digits for the standard referral offer of $25 are 2001.
Then just change that last digit to a 7, so that you get 2007, and refresh the page to get the $100 bonus offer.
You can play around with these numbers to see which alternative promotional offers you can produce.
It’s likely that Lending Club uses these different offers to provide alternative promotions to various customers.
I know that the $25 offer is standard, and I’ve seen the $100 offer available, but there’s really no certainty that any of the other offers can be actively used at any time.
You may wish to contact Lending Club before applying, and explain that a friend sent you a referral link with the offer that you are interested in, like the $100 offer for instance, and then see if they will confirm that you can qualify and honor the promotion.
The promotional account bonus that is earned on your initial investment, if any, will be calculated based on the amount of funds in your account that meet the program criteria 45 days after your account opening date.
To be eligible for this bonus, funds must be newly transferred to your account, continuously maintained in your account following the date of transfer, and invested through the Lending Club platform within 45 days of your account opening date.
Any funds that do not meet these criteria and any funds invested through the secondary market trading platform operated by FolioFN will not be included in calculating your initial investment balance for purposes of this promotion and will not receive a bonus.
Your bonus, if any, will be credited to your Lending Club account within 30 days following the determination of your eligibility for this promotion.
There is a limit of 1 bonus per tax ID number.
Take advantage of these Lending Club new investment account referral bonuses to earn a cash reward.