It's a real pain in the booty getting your money out once it matures. You could potentially open a Citibank checking account, transfer it to that, then transfer it electronically to your local bank, but who knows what fees and limitations they have on checking accounts.
Otherwise, you can mail a written request, and they'll send you a check for the balance. Frankly, it's kind of scary that getting my money back is dependent on the USPS and Citibank processing my letter in a timely manner (if it's not done before the 7-day grace period ends, they will automatically renew my CD for another term--there is no way to prevent this either online or on the phone).
Oh, my third option is to drive to the nearest Citibank financial center, which is about 500 miles away.
Just so you know. And I swear I read the fine print. I knew about the grace period and all, but I figured I could just transfer it to my bank electronically when the time came. pfff
Otherwise, you can mail a written request, and they'll send you a check for the balance. Frankly, it's kind of scary that getting my money back is dependent on the USPS and Citibank processing my letter in a timely manner (if it's not done before the 7-day grace period ends, they will automatically renew my CD for another term--there is no way to prevent this either online or on the phone).
Oh, my third option is to drive to the nearest Citibank financial center, which is about 500 miles away.
Just so you know. And I swear I read the fine print. I knew about the grace period and all, but I figured I could just transfer it to my bank electronically when the time came. pfff
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