Happen Bank LevelUp Savings

Earn a top-tier rate by building a healthy monthly savings habit.

Open a Happen Bank LevelUp Savings Account

Earn a competitive 4.00% APY (LevelUp Rate) when you deposit at least $250 per month
$0 minimum balance requirement to open or maintain the account
Absolutely no monthly maintenance fees
Includes an optional free ATM card for fast access to your cash

How I maximize my Happen Bank savings

Happen Bank (formerly LendingClub Bank) offers the LevelUp Savings account, which is uniquely designed to reward you for making consistent deposits. Here is how to ensure you get the maximum yield out of it.

Step 1: Set up automated deposits

To earn the top 4.00% APY, you must deposit a cumulative total of at least $250 each statement cycle. Setting up an automatic monthly transfer from your checking account guarantees you never accidentally miss this threshold.

Step 2: Take advantage of the grace period

When you first open the account, you will automatically earn the 4.00% LevelUp Rate for the first two statement cycles. This gives you plenty of time to set up your direct deposit or recurring transfers before your first evaluation period actually kicks in.

Step 3: Don't panic if you miss a month

If you fail to hit the $250 deposit minimum during a statement cycle, you won't be hit with a fee. Your account will simply drop to the standard 3.00% APY for the next month, and you can easily earn the top rate back by resuming your deposits.

Wrap-up

If you are actively building an emergency fund and plan to add at least $250 to it each month anyway, this account effectively rewards your good financial habits with a premium interest rate and zero fees.

More high-yield savings picks

CIT Bank Platinum Savings

Up to 4.10% APY for 6 months with promo code CITBOOST

Betterment Cash Reserve

Special offer: 4.00% variable APY for 3 months

Legal & Disclosures

Advertiser Disclosure

MyWealthWallet is not a bank. We are a financial education and content platform. We may receive compensation when you click on links to products from our partners. This compensation may influence which products we write about and where and how they appear on the page. However, it does not influence our evaluations or recommendations. Our opinions are our own.

Happen Bank LevelUp Savings Disclosures

Annual Percentage Yield (APY) is accurate as of July 2026. The LevelUp Rate of 4.00% APY is applied to the full balance of LevelUp Savings accounts that receive a total of at least $250 in deposits during the statement cycle (Evaluation Period). Otherwise, accounts earn the Standard Rate of 3.00% APY. Rates are variable and subject to change at any time without notice. There is no minimum opening deposit required and no monthly maintenance fees. Happen Bank is a Member FDIC.

General Disclaimer

The information provided on this page is for educational and informational purposes only. It should not be construed as financial, investment, or tax advice. Before opening any account, please carefully review all terms, conditions, fees, and disclosures provided by the partner. Your individual circumstances may vary, and we recommend consulting with a qualified financial advisor before making any financial decisions.

Last updated: July 2026