• Report: #1146222

Complaint Review: Higher One Bank

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Tue, May 13, 2014
  • Updated: Tue, May 13, 2014

  • Reported By: BruceBo — Alpharetta Georgia
Higher One Bank
Internet USA

Higher One Bank, Higher One, One Account, Higher One Inc. Higher One Bank for College Refunds & Financial Aid Refunds - RIPOFF!! Alpharetta Internet

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Higher One Bank

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory