After you have finished making the monthly payments for a year, you may withdraw the full amount of that money (minus any processing fees from card payments made) in a few different ways:
- ACH transfer into an external bank account - You may choose to transfer the funds from Kikoff to your connected bank account of choice. This takes 3-5 business days.
- Paper check mail delivery - We can send a check to your verified address on file. Please note that this would be subject to possible shipping delays or lost mail, and cannot be shipped to a PO Box or non-residential mailing address. This will take 10-14 business days from the date of issuance to arrive.
- Transfer to your Kikoff Secured Credit Card - Transfer directly to your Kikoff Secured Credit Card and use your funds instantly. This is the most convenient way to receive your withdrawal, but only applies if you have an active Kikoff Secured Credit Card.
Note: the Kikoff Credit Builder Loan is a secured installment account, and is NOT the Kikoff Credit Account, which is a revolving store-only line of credit used most often to buy or renew a Kikoff plan (Kikoff Credit Service). The Kikoff Credit Service is a human service powered by our team and is not refundable at the end of its term.