During your 10- day grace period at the end of the initial or subsequent terms, you may close your CD. You can close it yourself through Online Banking or the LendingClub app by selecting the CD, navigating to “Review Options”, and then selecting “Close My CD”. You will see your balance disbursement options. You may also contact us if you need assistance closing your CD.
What if I don't want to renew my CD?
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Related FAQ's
To qualify for a lending product with LendingClub Bank, you must...
Personal Banking Customers: Our Elite and Reserve Tier customers can place a wire via Online banking or the LendingClub Mobile app. For all other customers, they can reach out to Customer Service at 800.242.0272 to initiate a wire.
To get 1% cash back on qualified purchases, follow these requirements
LendingClub does not pull credit as part of our account opening process. However, we do obtain information from a credit bureau used to validate your personal information. The request for information does not affect your credit score.
Yes! As part of the application you will have the opportunity to add a joint account owner after you submit your personal information and receive confirmation on the details of your newly approved LendingClub account.
Related Glossary
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment.
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
