Earn More.
Everywhere.
Seamlessly link your existing checking, savings, and brokerage accounts to Max to earn preferred rates on your cash, no matter where you bank or invest.
Benefits of Max Checking
- 0.20% APY, FDIC-insured1
- Free: No minimums or fees1
- Can be used as full-featured account with free ATM access worldwide2 and free wire transfers3
- Earn rebates on Max membership fees
- Opens in 60 seconds
Max Checking is powered by LendingClub Bank, N.A.,
Member FDIC #32551
Seamlessly Integrates with Max for Access to High-Yield Savings Accounts
- Market-leading rates of up to 5.05% APY on savings
- Earn the highest yield each month, even as rates change
- Increased FDIC insurance coverage, up to $8 million per couple
- Links to checking, savings, and brokerage accounts at thousands of financial institutions nationwide
Is Max Checking Right for Me?
Earn more with Max by linking your existing checking account or opening a new Max Checking account in 60 seconds!
Link Your ExistingChecking or Brokerage Account |
Use a NewMax Checking Account |
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|---|---|---|
| Earn preferred rates on savings, up to 5.05% APY | ||
| Open new high-yielding savings accounts in as little as 60 seconds | ||
| Increase FDIC insurance coverage — up to $8 million per couple | ||
| Link one checking account
Max will sweep funds to/from savings to help you
maximize yield while maintaining a target checking account
balance
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| Link multiple checking, savings, and brokerage accounts to
Max Checking
Transfer in a specific amount of cash and Max will
help you allocate it to higher-yielding savings accounts to
help you maximize yield.
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| Earn preferred rate on checking of 0.20% APY1 | ||
| Free ATM access globally2 | ||
| Free domestic and international wire transfers3 | ||
| Earn rebates on Max membership fees
Keep $10,000 in Max Checking and earn rebates of up to $25
per quarter (up to $100 per year); keep at least $25,000 in
Max Checking and earn rebates of up to $50 per quarter (up
to $200 per year)
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| Full mobile banking capabilities (mobile check deposit, bill pay, peer-to-peer transfers) | (via separate banking app) |
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| Supported banks | Compatible with checking accounts at 18 of the largest banks and brokerage firms in the country |
Fund your account from your choice of thousands of financial institutions nationwide |
Ready to Earn More?
Start with “Max Checking” as your checking account when enrolling for Max.
Get StartedExisting Max members: Click on the gear icon next to your existing checking account, de-link that account, and follow the prompts to add Max Checking.
Questions?
What is Max Checking?
Max Checking is a premium full-featured checking account that
opens in as little as 60 seconds. With a yield of 0.20%
APY1, free wire transfers3, and no monthly
fee, Max Checking offers preferred rates and features typically
reserved for private bank customers.
Why open a Max Checking account?
Max Checking enables you to link Max’s intelligent cash
management solution to your choice of checking, savings, and
brokerage accounts at thousands of financial institutions
nationwide. Now you can earn dramatically more on all your cash no
matter where you bank or invest.
Does it work with my existing banks?
Link any combination of bank and brokerage accounts and transfer
funds to/from Max Checking with one click. Tell Max how
much to keep in Max Checking and you can allocate all funds in
excess of your target balance to your higher-yielding online
savings accounts each month, so you can earn more.
How much does it cost?
Max Checking is available to Max members at no
additional cost. There are no monthly fees and no minimum balance
requirements associated with the Max Checking account.
Max Checking also comes with an optional debit card that offers
fee-free access to ATMs worldwide!2
Are there other benefits?
Keep at least $10,000 in Max Checking and you’ll receive
reimbursement of your Max membership fees, up to $25 each
quarter (up to $100 per year). Keep at least $25,000 in
Max Checking and receive a rebate of up to $50 per quarter (up
to $200 per year).
How does Max benefit?
Max Checking enables Max to serve more people by
linking to more financial institutions. Max does not earn
referral fees, commissions, spread, float, or interchange fees
from our banking partner. Max Checking is offered solely for
your convenience, free from conflicts of interest — precisely
what you’d expect from Max.
- Annual Percentage Yield (APY) accurate as of 3/30/2023. Minimum amount to open a Max Checking account is $0.00. Rate of 0.20% applies to entire balance. Rates may change after account is opened. Fees may reduce earnings. FDIC-insured up to at least $250,000 per depositor.
- Get unlimited automatic ATM surcharge rebates for ATM fees other banks charge you. ATM surcharge rebates apply to cash withdrawals from a Max Checking account using the Max debit card wherever it is accepted. LendingClub Bank does not charge a fee for using another bank’s ATM. ATM fees will be rebated at the end of each statement cycle. Excludes international exchange fees. LendingClub Bank makes its best effort to identify those ATM fees eligible for a rebate.
- Fees will be waived for all domestic and international inbound and outbound wire transfers to/from Max Checking.