Email from LC received 2012/09/04:
LendingClub
Discontinuation of Recurring Transfer Cash Bonus Program
Dear SBryantMS,
Thank you for participating in Lending Club's Recurring Transfer Cash Bonus Program.
After introducing this program more than a year ago and paying thousands in bonuses to investors just like you, please note that we will be discontinuing the Recurring Transfer Cash Bonus Program effective October 1, 2012.
Recurring transfers completed by September 30, 2012 that fulfill the bonus program Terms & Conditions* will still be eligible for a cash bonus. Your final bonus, if any, will be deposited into your Lending Club account by December 15, 2012.
Thank you again, and here's to earning more solid returns at Lending Club in the years to come.
Best regards,
The Lending Club Team