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Hi, If I made a balance transfer from my Citi credit card to my citi saving account!

DotaK
Regular Contributor

Hi, If I made a balance transfer from my Citi credit card to my citi saving account!

Hi, If I made a balance transfer from my Citi credit card to my citi saving account! How long does it take to process? Will I receive a check or they would just transfer the money from my citi credit card to my saving account themselves?

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thornback
Senior Contributor

Re: Hi, If I made a balance transfer from my Citi credit card to my citi saving account!

My experience with Citi has always been 1-2 business days - they direct deposit. And that's using an outside deposit account so using a Citi deposit account may be even faster. 

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mgood
Valued Contributor

Re: Hi, If I made a balance transfer from my Citi credit card to my citi saving account!

I've never dealt with Citi, but I would think they'd just transfer it electronically. Sending you a check would be a waste of time postage and paper.



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FalconSteve
Valued Contributor

Re: Hi, If I made a balance transfer from my Citi credit card to my citi saving account!

It is usually electronic next business day

1/8/17 Discover $18300 CL- $1k SL- AU, wife
1/26/20 AmEx Cash Magnet $35k CL, wife
2/19/20 BB&T/Truist Rewards $11k SL- impulse application
2/22/20 Citi Double Cash WEMC $19,400 CL, $2900 SL- AU, wife
3/8/20 Wells Fargo Propel AmEx/Signature VISA $5000 CL (AU, wife's card)
3/9/20 Truist Rewards $11k SL- AU, wife- impulse app
3/21/20 REDcard MasterCard (TD Bank) $2500 SL, $6000 CL
11/24/20 AmEx Cash Magnet $10k SL, CLI after 36hr to $20k- $35k CL
6/10/21 SoFi World Elite MC (TBOM) $7000 SL
1/19/22 AppleCard/GS $11k CL, SL $6k SL, AU, wife
8/15/22 Chase freedom flex $12.5k, $10.3k SL, AU, wife
7/5/23 Lowes/Synchrony 4k SL
8/2/23 Chase freedom flex 19k SL
8/2/23 Discover 8k SL

5/25/23 First (& hopefully last) home purchase [Not sure of the value, but State Farm has estimated the policy max/home value at $347k, which feels high- I did not pay close to that much]
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