- Report: #1146222
Report - Rebuttal - Arbitrate
Complaint Review: Higher One Bank
Higher One Bank, Higher One, One Account, Higher One Inc. Higher One Bank for College Refunds & Financial Aid Refunds - RIPOFF!! Alpharetta Internet
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
This bank sells themselves on colleges and universities as a means to reduce/eliminate costs associated with the issuance of refunds, particularly financial aid refunds. The schools must then FORCE the students to open a Higher One account to get their refund. Higher one then forces it's services on the students, or in the alternative, applies excessive holds to the students funds as a means of inducong the students to use the Higher One debit card to access their own money. If a student tries to use the online banking to get a check sent to pay a bill, Higher One litterly holds the funds for a minmum of one week, up to two weeks before even mailing a check out.
Higher One is buying customers from schools by in exchange for some A/P services. I am not a lawyer, but it does not seem legal, or proper for a bank, or school to be able to force you to open an account with them.
This report was posted on Ripoff Report on 05/13/2014 09:07 AM and is a permanent record located here: http://www.ripoffreport.com/r/Higher-One-Bank/internet/Higher-One-Bank-Higher-One-One-Account-Higher-One-Inc-Higher-One-Bank-for-College-Ref-1146222. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.
Advertisers above have met our
strict standards for business conduct.