Checking or savings account -- Closing an account -- Complaint #10517645

Complaint Overview

Complaint ID: 10517645

Company: Citibank, N.A.

Product: Checking or savings account

Sub-Product: CD (Certificate of Deposit)

Issue: Closing an account

Sub-Issue: Can't close your account

State: Michigan

ZIP Code: 48108

Date Received: 2024-10-20T12:00:00-05:00

Date Sent to Company: 2024-10-20T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

On XX/XX/year>, I contacted Citibank at XXXX to close my Certificate of Deposit ( CD ). The original deposit amount was {$500.00}, and after two years, it had grown to {$540.00}. Despite my request, I have been unable to close the account. When I first called, the agent said she couldn't verify my identity and therefore couldn't assist with closing the account. Frustrated, I called again, and this time the agent assured me he had found my account, confirmed it was in the grace period, and promised to close the CD and issue a check, which I was told I would receive in 7-10 days. However, this turned out to be false. When I checked today, I found that the CD had been reinvested into a new term instead of being closed as promised

Frequently Asked Questions

What is Complaint #10517645 about?

Complaint #10517645 was filed against Citibank, N.A. regarding Checking or savings account specifically about Closing an account. It was received by the CFPB on 2024-10-20T12:00:00-05:00.

How did Citibank, N.A. respond to this complaint?

The company responded with: "Closed with monetary relief". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Citibank, N.A.?

Yes, visit the Citibank, N.A. company profile at readthecomplaint.com/company/citibank-n-a to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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