bankingciooutlook

LendingTree Launches Cash Giveaway for Users with Linked Bank Accounts

Banking CIO Outlook | Thursday, August 26, 2021

With a commitment to personal data protection, LendingTree uses Secure Sockets Layer tech and 128-bit encryption to keep users' private information safe, in addition to offering free identity monitoring for all account holders.

Fremont, CA: In efforts to help consumers better understand their financial picture, LendingTree, the nation's leading online financial marketplace, launched a cash giveaway for users that link their bank accounts to the free LendingTree platform. All LendingTree users with a linked bank account will have a chance to win $1,000 given away weekly beginning August 2 through August 28.

"LendingTree's top priority is to help consumers make better, more informed decisions throughout their financial lives by providing choice, education and support," said Jason Simon, vice president of product management at LendingTree. "By receiving the full picture of their personal finances, LendingTree users that have connected their bank accounts with the platform are finding more savings opportunities, helpful budgeting recommendations, and ways to trim their expenses while monitoring all of their financial accounts, loans, and credit cards in one secure location. We want to ensure all of our members are able to take advantage of these benefits, and after this challenging year, reward a fortunate few with extra cash to put toward their financial goals."

Users can connect their checking and saving accounts from over 11,000 financial institutions, in addition to credit cards and loans, to the LendingTree platform for a comprehensive overview of their financial profile – consolidating the most important financial information in one place, so consumers don't need to check multiple services or apps to get a gauge on their financial health. LendingTree provides its users with a complete look at budgets, spending habits, transaction history and cash flow analysis in addition to credit scores, savings recommendations, identity monitoring updates and rate information about various financial products.

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