We may require you to provide documentation to validate that certain purchases are Qualified Purchases. LendingClub Bank N. Mint, Travelers Cheques, gift cards, Cryptocurrency, Casino Chips, Peer to Peer Payments, prepaid debit cards, account openings, loan payments, or other cash equivalents) made with your LendingClub Bank issued Debit Card are not Qualified Purchases. Unlawful purchases and purchases of currency, cash or cash equivalents (including, without limitation, currency from the U.S. Any goods or services purchased with the LendingClub Bank issued Debit Card that are returned or otherwise credited to your Account are not qualified purchases. We reserve the right to determine if a transaction was a Qualified Purchase, and to establish additional types of Qualified Purchases that could be made available in a variety of ways. The payment transaction type (signature-based or other) is ultimately decided by the merchant and how the transaction is transmitted to LendingClub Bank N. Online subscription payments may not be considered signature-based purchases. The “credit” option is most often pre-selected when making purchases online using a debit card. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. These are “credit” purchases that can be made in stores and online. Qualified Purchases include signature-based purchases made with a LendingClub Bank issued Debit Card tied to a Rewards Checking account enrolled in the Debit Card Rewards program. Please consult your tax adviser, as LendingClub Bank N. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of such reward. The value of this reward may constitute taxable income to you. A. may require documentation to verify that credits are Qualifying Direct Deposits. Qualifying Direct Deposits are Automated Clearing House (ACH) credits, which may include payroll, pension or government payments (such as Social Security) by your employer, or an outside agency. LendingClub Bank N. The Debit Card Rewards Program (Cash Back Rewards) will provide 1.00% cash-back on all Qualified Purchases made by eligible Rewards Checking account holders if the account holder does any of the following meet the requirements, is grandfathered in, or keeps an average balance of $2,500 or greater within the calendar month in their Rewards Checking Account, or receives total deposits of $2,500 or more in their Rewards Checking account via qualifying Direct Deposit within the month. Rewards Checking is a free checking account with no monthly maintenance fee and no minimum balance requirement after $100.00 to open the account and is FDIC-insured up to the maximum allowed.

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