Credit and Bank Deals: Your Source for Top Credit Card and Bank Deals

Here’s an interesting opportunity. Basically, Lending Club is a social lending network where members can borrow and lend money among themselves at better rates. You can visit the site for more information on how things work.

Now, to get down to the bottom line. There is a referral opportunity with a cash bonus for both the referrer and the referred. Quoted from Lending Club:
“When you refer friends to Lending Club and they become borrowers or lenders, we will deposit a bonus into each of your Lending Club accounts. You will each earn:

• $25 when your friend becomes a lender or borrower OR
• $50 when your friend opens a lender account with an initial deposit of $1,000 or more

As more good people join, the whole Lending Club community will benefit.”

So, you can open an account for free and deposit as little as $1 to earn $25 in Bonus Cash. Or, you can deposit $1000 into your Lending Club account as available money (note: the funds are NOT available to the lending community until you decide they are) and earn $50 in bonus cash.

I personally have successfully opened a free account and deposited $1000 in funds to receive my $50 bonus cash. After my account was verified with a few cents being withdraw from my checking account and deposited into my lending club account, $25 in bonus cash was credited to my account. A few days after, another $25 was credited to my account. If that second $25 bonus doesn’t show up soon after the initial $25 bonus, you can send an email to support and they will add the credit soon after as they did for me.

After you receive your bonus you can decide on whether or not to withdraw all your funds back into your checking account immediately with no consequences, or you can decide to contribute to the Lending Club community and earn some interest money by lending your funds. I chose the former option, but its up to you to decide what to do with your money

If you would like to be referred for the bonus cash opportunity, please send me an email at creditandbankdeals@gmail.com and provide your email address for a referral email. You can then also refer your friends for more bonus cash!