What happens when a CD I opened in the mobile app matures?

We will send you a maturity notification via email and SMS, 15 days before your in-app opened CD matures.

You will have a grace period of 7 calendar days after the CD maturity date to close your CD without incurring an early withdrawal penalty. You must withdraw the full principal balance plus any accrued interest. Partial withdrawals are not allowed.

If you don't take any action during the 7-day grace period, your CD will be automatically renewed for the same term, at the interest rate that is in effect on the maturity date.