ED Magedson – Founder
Higher Onewww.higherone.com, Select State/Province USA
Higher One charging fees for pin based and merchant transactions www.higherone.com Internet
I have my student loans and refunds depositied to Higher One. They charge $.50 for a pin based transactions and for merchant transactions for using my money. Ex. I have $.75 on my card, I used $.07 and charged me a $.50 pin based transaction that I was not aware of, I just my card a gain for $.40 transactions and charged me an other $.50, which I got an email stating that I was negative $.56 in my account and I need to pay right away and that my card is under restiction and i would not get my loans or deposits for school in my account until my accoutn is cleared. Well, I paid with my bank card, to clear up the negative balance and the restrications will be taken off my accoutn in 1 business day. It is not fair to be charged money to use my money and taking advantage of college students.
This report was posted on Ripoff Report on 09/05/2013 06:02 AM and is a permanent record located here: http://www.ripoffreport.com/r/Higher-One/wwwhigheronecom-Select-StateProvince/Higher-One-charging-fees-for-pin-based-and-merchant-transactions-wwwhigheronecom-Intern-1081827. 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.
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