Bank of America HELOC vs. LendingClub Personal Loan
Side-by-side comparison · Updated 2026 · Independently reviewed
Bank of America HELOC
Bank of America
4.1
No closing costs, no annual fee HELOC with Preferred Rewards discounts for existing BofA customers.
Full review →
LendingClub Personal Loan
LendingClub Bank
4.2
APR 8.99–36.00%. $1K–$40K. Joint applications available.
Full review →WealthSpott Verdict
Bank of America HELOC wins on more measurable categories — particularly on rate and cost. LendingClub Personal Loan may still be the right fit depending on your loan amount and term needs.
Feature
Bank of America
LendingClub Personal Loan
APR Range
8.60% – 14.40% Best
8.99% – 36.00%
Loan Amount
$25,000 – $1,000,000 Best
$1,000 – $40,000
Term Length
120–240 months
36–60 months
Origination Fee
No closing costs; no annual fee Best
1–6% of loan amount
Min Credit Score
680+
600+ Best
Funding Speed
2–4 weeks
A few days
Bank of America HELOC
LendingClub Personal Loan
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