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Everyone loves a discount or deal, especially when we are spending a significant amount of money on a purchase. Now, LendingClub and United have teamed up in providing a rewards program for its mutual users. This means that you can earn up to 40,000 miles in the United MileagePlus rewards program when you take out a LendingClub loan.
LendingClub and MileagePlus have partnered up in providing a great offer to its customers. In the United MileagePlus program, 40,000 miles is the equivalent value of a round trip plane ticket anywhere within North America. If you are already thinking about taking out a loan, this promotion may be a good option for you.
You can earn 1 MileagePlus mile for each dollar borrowed in LendingClub, up to 40,000 miles. This means anyone who takes out a LendingClub loan, no matter the size, has the ability to earn MileagePlus miles.
Not only can you use MileagePlus miles for United flights, but you can also use your earned miles on other United partnered airlines. Miles are not limited to airlines, you can also use your miles for hotels, cruises, rental cars, Broadway shows, gift cards, restaurants, and other shopping experiences. United MileagePlus partners with many other companies to offer a wide variety of options for your MileagePlus miles.
This promotion is available to current MileagePlus members as well as those eligible. You have the option to link your MileagePlus account to your LendingClub account online or by phone. Once the money for your loan has been deposited to your bank account MileagePlus will post your award miles 6 to 8 weeks after.
Here are some of the requirements for the promotion…
You must submit your loan application through the MileagePlus promotion page or by phone. Loan applications not submitted through those methods, as well as prior loans issued through LendingClub, are not eligible for this promotion.
You must be a current MileagePlus program member at the time you apply for the loan and the loan is issued through LendingClub. Your MileagePlus account must be linked to your LendingClub account before you receive your loan.
You may be eligible to participate if you apply jointly with someone else for a loan through LendingClub, but only one of the joint applicants can receive the promotion miles.
LendingClub and United MileagePlus have teamed up in providing a valuable offer to its users. If you are already thinking about taking out a LendingClub loan, this promotion may be a great benefit to you.