So now that March is here, I wanted to give an update on my new “portfolio”, which is really more of a savings vehicle than a portfolio when you think about it. By using my debit card instead of my airline rewards card, I “saved” $9.32 in February via Keep the Change transfers in my Bank of America account. I rounded this up to $10 and initiated a transfer to my Lending Club account this morning. This money will be invested in a new loan note as soon as I have $25 in cash available.

Now to the even better news. Based on my first month of investing at Lending Club, I am currently earning a Net Annualized Return of 13.74%!

All ten of my notes are issued and current, and I have roughly $9 in cash in the account. Combined with next month’s payments and March’s transfers from Keep the Change, I should be able to invest in a new note next month.

This graph makes me feel pretty good about how things are going so far:

As long as I continue to stay on the right side of this distribution I will be satisfied, and continue to invest more and more money into the Lending Club system.

See my original review of Lending Club here.