Refund Choice Card
Frequently Asked Questions
Revised 3.22.2013
- What is the purpose of the Refund Choice Card?
- How do I get my Refund Choice Card?
- What happens to my refunds if I don't select a refund preference?
- What does activating the Refund Choice Card mean?
- Can I opt out of receiving my refunds via Refund Choice Card?
- If a paper check is issued by Higher One to an incorrect address, will the check be forwarded by the post office if the student is having their mail forwarded?
- If a paper check is issued and the student loses the check or never receives it, what should they do?
- If I choose to have my refund direct deposited to my existing bank account, Higher One requires an ACH (direct deposit) form be submitted. What are my options for submitting my ACH (direct deposit) form to Higher One?
- Is the Refund Choice Card a credit card?
- Am I required to open a OneAccount with Higher One (Easy Refund)?
- Am I required to use the Refund Choice Card as a Debit MasterCard?
- Are there any fees associated with the Refund Choice Card?
- If I choose the OneAccount with Higher One (Easy Refund) and want to use it at ATM’s or other establishments that accept MasterCard, will there be any fees?
- Where are the Higher One ATM's located and what are the hours of operation?
- If I choose to open a OneAccount with Higher One, will I receive monthly interest on my account balance?
- If I select my refund preference to be a OneAccount with Higher One (Easy Refund), can I transfer my refund to my existing bank account once the refund has been deposited to my OneAccount?
- Can I use my Refund Choice Card as a Debit MasterCard® if I didn't open a OneAccount with Higher One (Easy Refund) as my refund preference?
- I changed my refund preference from the OneAccount with Higher One (Easy Refund) to ACH (direct deposit) to my existing bank account, will the refund money that has already been deposited into my OneAccount be taken out and put into my existing bank account?
- What are the advantages of having my refunds deposited directly to a OneAccount with Higher One (Easy Refund)?
- How will I know when my financial aid or other refund has been directly deposited to my OneAccount with Higher One (Easy Refund)?
- Is there a replacement card fee?
- Can I use my Refund Choice Card to pay online via Campus Connection?
- If I currently have my payroll transferred by ACH (direct deposit) to my existing bank account, does activating the Refund Choice Card and selecting a refund preference affect my payroll direct deposit information?
- What if I determine that my Refund Choice Card was mailed to a wrong address? Will it be forwarded to my new address if I had submitted a "mail forwarding request" with the Post Office?
- If I have already selected to have my refund preference be ACH (direct deposit) to my existing bank account and need to have my next refund the same day, can I change my refund preference to a OneAccount with Higher One (Easy Refund) in order to get my refund quickly and then change it back to direct deposit to my existing bank account?
- If I have decided not to select a refund preference and wait for a paper check, is it possible to request that Higher One discontinue contacting me by phone to remind me to select a refund preference?
- Can I close my One Account with Higher One (Easy Refund)?
- Is my U-card the same as my Refund Choice Card?
- What kind of effects can a Higher One OneAccount have on a student's credit score?
- Is UND in compliance with FERPA regulations while transferring information to Higher One?
- Does Higher One sell UND students' personal information to credit card soliciting companies?
- Who is Higher One?
- Why did UND contract with Higher One to issue excess financial aid and other refunds?
- Was Student Government involved in the review process for Higher One?
- What does Higher One do with a student's private information after that student graduates? (If they chose ACH, what does Higher One do with that info when they are no longer students, if they have a OneAccount, when does the OneAccount automatically close?)
- What % of Higher One clients pay for the full expense of replacement cards and how many pass it along to the students?
- Are any of the Higher One Banking fees negotiable?
- What is the student liaison and what does he/she do?
- How many students were refunded through the OneAccount and how many students were refunded via ACH?
- How many bids came to the University of North Dakota during the RFI and RFP process?
- Why aren't all transactions that may cause an overdraft of a student's OneAccount automatically denied at the retailers point of sale? (like a prepaid debit card)
- What if I have additional questions?
1. What is the purpose of the Refund Choice Card?
The Refund Choice Card is used as a means to distribute excess financial aid and other refunds to students. The student must choose their preference for receiving their refunds. Students have a choice of one of the following:
OneAccount with Higher One (Easy Refund) - This preference credits the student's OneAccount with Higher One on the same day the refunds are processed by UND. The OneAccount is a checking account with Higher One and offers many features for the student. Please visit UNDRefundChoiceCard.com to learn more about the OneAccount.
ACH (direct deposit) - This preference transfers the refund into the student's existing U.S. bank account. This preference takes approximately 2-3 banking days to credit to the student's bank account.
2. How do I get my Refund Choice Card?
New students at UND will be mailed their Refund Choice Card to their Home address as listed in Campus Connection within 2 weeks of your enrollment for the first time at UND.
3. What happens to my refunds if I don’t select my refund preference?
It is recommended to select a refund preference to ensure the fastest delivery of your refund. If you choose to not select your refund preference and an excess financial aid refund or other refund is issued, you will receive an email notification that your refund is available. Within 21 days from the date of the email notification, a check would be issued by Higher One and mailed to the address UND provided to Higher One. This is the address used at the time the Refund Choice Card was issued to you. In addition to the 21 days, you will need to allow for mailing time. There is no cost to the student for the paper check, however remember faster refund choices are available to you, One Account with Higher One (Easy Refund) and/or ACH (direct deposit) to any bank account you already use.
If you have not received a Refund Choice Card within 2 weeks of enrolling in classes at UND for the first time, please contact the Student Account Services Office, as it may indicate an incorrect address on file.
4. What does activating the Refund Choice Card mean?
The Refund Choice Card is the “key” to selecting your refund preference on the Higher One website, UNDRefundChoiceCard.com. The Refund Choice Card number identifies the student in the Higher One system. Entering the card number allows the student to complete their preference for receiving refunds. Students have the choice of having their refunds disbursed by ACH (direct deposit) to their existing bank account or to their OneAccount with Higher One (Easy Refund).
5. Can I opt out of receiving my refunds via Refund Choice Card?
No. UND has contracted with Higher One to issue excess financial aid and other refunds to UND students. Although you are not required to open a OneAccount with Higher One (Easy Refund), you will need to use your Refund Choice Card for selecting one of the following for receiving your refunds:
- OneAccount from Higher One (Easy Refund).
- ACH (direct deposit) to your existing bank account.
6. If a paper check is issued by Higher One to an incorrect address, will the check be forwarded by the post office if the student is having their mail forwarded?
No, checks issued by Higher One are not forwarded by the post office. The check would be returned to Higher One and the student would be notified via email from Higher One. Please contact Higher One customer service for assistance.
- Online Customer Support - EasyHelp
- Call Higher One Customer Service at 1-800-815-8274
7. If a paper check is issued and the student loses the check or never receives it, what should they do?
Please contact Higher One Customer Service at 1-800-815-8274 for assistance. Higher One will assist you to ensure you receive your refund.
8. If I chose to have my refund direct deposited to my existing bank account, Higher One requires an ACH (direct deposit) form be submitted. What are my options for submitting my ACH (direct deposit) form to Higher One?
Options available to submit the ACH (direct deposit) form to Higher One are:
- Complete the electronic ACH form online at UNDRefundChoiceCard.com
- Drop the ACH form off at Student Account Services, located in Twamley Hall, Room 204. The form will be sent to Higher One via overnight courier on a daily basis.
- Mail the ACH form directly to Higher One. The address is located on the top of the ACH form.
- Fax the ACH form to Higher One at 1-866-309-7443. This is a secure server and access is limited to only those who require access as part of the processing.
9. Is the Refund Choice Card a credit card?
No it is not a credit card, the Refund Choice Card may be used as a Debit MasterCard® if the student chooses the OneAccount with Higher One (Easy Refund) as their refund preference. The Refund Choice Card is required in order to select the student’s refund preference to obtain excess financial aid and other refunds from UND. During activation, the student must identify their preference for receiving their refunds. See FAQ #1 for available refund options.
10. Am I required to open a OneAccount with Higher One (Easy Refund)?
No, you may continue to have your excess financial aid and other refunds transferred via ACH (direct deposit) to your existing bank account. However, in order for you to do so, you will need to use your Refund Choice Card to indicate your refund preference on UNDRefundChoiceCard.com.
11. Am I required to use the Refund Choice Card as a Debit MasterCard®?
No, the Refund Choice card may be used as a debit MasterCard only if you open a OneAccount with Higher One (Easy Refund). You may continue to have your excess financial aid and other refunds ACH (direct deposit) to your existing bank account. If you select your refund preference to ACH (direct deposit) to your existing bank account, the Refund Choice Card does not serve as a Debit MasterCard®.
12. Are there any fees associated with the Refund Choice Card?
If you select your refund preference to be ACH (direct deposit) to your existing bank account, there are no fees associated with your Refund Choice Card.
If you select your refund preference as the OneAccount with Higher One (Easy Refund), there are generally no fees associated with the account. The OneAccount is designed to be free. Higher One provides a link on the main page named, ‘How to use the OneAccount for free’, as well as a link to the ‘One Account Banking Fee Schedule’. However, Higher One does have fees similar to those at other banking institutions for additional fee based services. Some include: fees associated with overdrafts, wires, and transactions at non-Higher One ATM’s. Please Note: A complete disclosure of all fees associated with Higher One banking transactions is located at
UNDRefundChoiceCard.com
on the
Higher One fee schedule.
13. If I choose the OneAccount with Higher One (Easy Refund) and want to use it at ATM’s or other establishments that accept MasterCard, will there be any fees?
You may use the Refund Choice Card at one of the three Higher One ATM’s located on UND’s Campus (Wilkerson Hall, Memorial Union, and the Wellness Center). It is free to access cash at these Higher One locations.
You may use your Refund Choice Card at any ATM that is supported by Cirrus, Pulse, or MasterCard (some ATM's are not approved on the network used by Higher One). You will be charged a withdrawal fee from Higher One and the bank that owns the non-Higher One ATM. A complete list of fees that could be incurred while using your OneAccount is located at UNDRefundChoiceCard.higheroneaccount.com/info/outfees.jsp.
***IMPORTANT*** When making a non-Higher One ATM withdrawal using your Refund Choice Card, you will need to select "checking" as the withdrawal source.
If you open a OneAccount with Higher One (Easy Refund), you may use your Refund Choice Card as Debit MasterCard®. The daily PIN-based transaction limit is $500. So, if a student withdraws ATM cash and uses the card as debit, PIN-based, all of those transactions would be limited to $500/day. To avoid a PIN-based transaction fee and to have the protection of the MasterCard Zero Liability Policy when making purchases, always remember to "Swipe and Sign." It's free, and to do so:
- Swipe your card
- Select credit (not debit)
- Sign
14. Where are the Higher One ATM's located and what are the hours of operation?
The Higher One ATM’s are located in Wilkerson Hall, the Memorial Union, and the Wellness Center. The building hours of operation at each of these locations are:
Wilkerson Hall
Summer Hours
Sunday through Saturday, 8am to midnight
Fall / Spring Hours
24 hours a day / 7 days a week
Holidays: CLOSED
Memorial Union
Summer Hours
Monday - Friday, 7am to 5:30pm
Saturday and Sunday, Closed
Fall/Spring Hours
Monday - Thursday, 7am to midnight
Friday and Saturday, 7am to 9pm
Sunday, 11am to midnight
Holidays: CLOSED
Wellness Center
Monday-Friday, 5:30am-11pm
Saturday, 9am-8pm
Sunday, Closed
15. If I choose to open a OneAccount with Higher One (Easy Refund), will I receive monthly interest on my account balance?
No, Higher One does not pay monthly interest on your account balance. Instead, they do not require a minimum balance on the account and there are other features associated with the account that are free.
16. If I select my refund preference to be a OneAccount with Higher One (Easy Refund), can I transfer my refund to my existing bank account once the refund has been deposited to my OneAccount?
If it is your wish to have money deposited into your current bank account, you will want to choose ACH (direct deposit) to your existing bank account during the activation/registration process. It is not possible to ACH (direct deposit) money from your OneAccount with Higher One (Easy Refund) to another checking account. You may choose to send money to another account by using the wire transfer feature. There is a fee associated with this option. To learn more about the OneAccount, please visit UNDRefundChoiceCard.com.
17. Can I use my Refund Choice Card as a Debit MasterCard® if I didn't open a OneAccount with Higher One (Easy Refund) as my refund preference?
No, your Refund Choice Card will have no monetary value if you did not choose the OneAccount (Easy Refund) as your refund preference. The Refund Choice Card can only be used as a debit MasterCard for purchases and cash withdrawals if you choose to open a OneAccount. You are responsible for ensuring that there are adequate funds available in your OneAccount to cover your purchases and cash withdrawals. The daily PIN-based transaction limit is $500. So, if a student withdraws ATM cash and uses the card as debit, PIN-based, all of those transactions would be limited to $500/day. The daily purchasing limit using your Refund Choice Card is $2500 (Non PIN-based transactions). Please visit UNDRefundChoiceCard.com for more information.
18. I changed my refund preference from the OneAccount with Higher One (Easy Refund) to ACH (direct deposit) to my existing bank account, will the refund money that has already been deposited into my OneAccount be taken out and put into my existing bank account?
No, once the refund has been deposited into the refund preference that was in effect at the time the refund was issued, it does not automatically move to a different account if your refund preference is changed. The new refund preference selected will be effective for all future refunds issued.
19. What are the advantages of having my refunds deposited directly to a OneAccount with Higher One (Easy Refund)?
Depositing your refund to a OneAccount with Higher One (Easy Refund) is the quickest way to gain access to your money. To open a OneAccount, activate and choose Easy Refund. After your UND charges have been paid, excess financial aid or other refunds will be released by the University and directly deposited to your OneAccount.
The Refund Choice Card is NOT A CREDIT CARD. It is a debit card. You may use the Refund Choice Card to make purchases at all participating merchants that accept Debit MasterCard® including the bookstore on campus, access cash at an ATM, pay bills, and so much more.
Your family and friends can easily send you money online with the Send Money feature. There is a minimum transfer amount of $25 per transaction when family or friends send you money. If you choose to transfer money from one of your existing bank accounts to your OneAccount with Higher One (Easy Refund), there is a minimum transfer amount of $50 per transaction. You should review your existing bank's fee schedule to determine if your bank assesses fees for this type of transaction.
There is no charge to you for receiving your refund directly in your OneAccount and there is no monthly fee or minimum balance requirement.
20. How will I know when my financial aid or other refund has been directly deposited to my OneAccount with Higher One (Easy Refund)?
You will receive an email from Higher One when the refund has been direct deposited to your OneAccount (Easy Refund). You will also recieve a status change alert when using ACH (direct deposit). Additionally, you will be able to view the details of your OneAccount by accessing your OneAccount statement on the website, or opt-in to receive a text message directly to your cell phone with Mobile Alerts.
21. Is there a replacement card fee?
Yes, if you lose your card, a replacement card fee will be charged for an Active card. Also, if you need to make a name change on your card, you will be charged the replacement card fee for an Inactive or active card. If you need a replacement card, you may do one of the following:
- Log into UNDRefundChoiceCard.com and select Customer Service > Lost Card, then follow the procedure for ordering your new card
- Contact UND Student Account Services Office for assistance with Inactive Cards
Once the replacement card is ordered, it will take approximately 5-7 days to receive the new card by mail. It will be mailed to the primary address provided to Higher One at the time you order the replacement card. Updating your address with Higher One does not update your address in People Soft (and vice-versa). Is Primary Address a field in HO? Yes - that is what the student would see when they go into UNDRefundChoiceCard.com under their Profile.
Active replacement card fees are as follows:
Active Replacement Card Fee: $20
An active replacement card fee applies to Refund Choice Cards that have already been activated by the student when selecting a refund preference.
Inactive Replacement Card Fee: $0
An inactive replacement card refers to Refund Choice Cards that have not been activated - the student has not selected a refund preference.
22. Can I use my Refund Choice Card to pay online via Campus Connection?
Yes. If you choose the OneAccount with Higher One (Easy Refund) as your refund preference, you may make an online payment to your Campus Connection account using the OneAccount. We recommend using the E-Check method of payment using your OneAccount banking information. To obtain the banking information for your OneAccount:
- Obtain the bank routing and account number from your free online statement on the Refund Choice Card website. If you are having difficulties finding this information, contact Higher One Customer Service at 1-800-815-8274 for assistance.
- After obtaining your OneAccount bank routing and account number, log into Campus Connection and pay online for FREE using the E-check method of payment.
Your Refund Choice Card may also be used as a Debit MasterCard®. If you make an online payment to your Campus Connection account using any debit card, you will be assessed the 2.75% convenience fee (not Higher One specific). We recommend that you use the E-Check method of payment, mentioned above, to avoid these fees.
23. If I currently have my payroll transferred by ACH (direct deposit) to my existing bank account, does activating the Refund Choice Card and selecting a refund preference affect my payroll direct deposit information?
No, your payroll direct deposit will not be affected. Selecting a refund preference with the Refund Choice Card only applies to excess financial aid and other refunds on your Campus Connection account.
24. What if I determine that my Refund Choice Card was mailed to a wrong address? Will it be forwarded to my new address if I had submitted a "mail forwarding request" with the Post Office?
No. Refund Choice Cards will not be forwarded to a different address, even if a mail forward instruction was submitted at the post office. Instead, the cards will be returned to Higher One. If a replacement card is requested, the student will be charged a $20 replacement fee.
25. If I have already selected to have my refund preference be ACH (direct deposit) to my existing bank account and need to have my next refund the same day, can I change my refund preference to a OneAccount with Higher One (Easy Refund) in order to get my refund quickly and then change it back to direct deposit to my existing bank account?
Yes, but only if the refund has not yet been processed by Higher One. If the refund has not yet been processed by Higher One, you may change your refund preference on UNDRefundChoiceCard.com. After receiving your refund into your OneAccount, you may either leave your refund preference as OneAccount with Higher One (Easy Refund) or change it back to ACH (direct deposit) to your existing account. If you then choose to change your refund preference back to the same bank account that was previously indicated, you will not need to submit another ACH form.
26. If I have decided not to select a refund preference and wait for a paper check, is it possible to request that Higher One discontinue contacting me by phone to remind me to select a refund preference?
Students can contact Higher One Customer Service, 1-800-815-8274, to request that their phone number be removed. They can also contact UND Student Account Services for assistance in removing their phone number with Higher One.
Students that have made a refund selection may also manually update their information or remove their phone number by logging in to the site UNDRefundChoiceCard.com
27. Can I close my OneAccount with Higher One (Easy Refund)?
Yes, you can close your OneAccount with Higher One (Easy Refund), but a zero balance is required. Accounts with negative or positive balances cannot be closed. For additional information on how to close your account and various methods for bringing your balance to zero, please refer to the UNDRefundChoiceCard.com. UNDRefundChoiceCard.higheroneaccount.com/easyhelp/pta?basepage=std_alp.php&type=public
28. Is my U-card the same as my Refund Choice Card?
No, your U-card is your official UND Identification card. The Refund Choice Card is used for selecting your refund preference. You will need to maintain 2 different cards during your time at UND.
29. What kind of effects can a Higher One OneAccount have on a student's credit score?
No effects, as the Refund Choice Card is NOT a credit card. Credit report inquiries are not initiated when the student selects their preference for receiving their refunds.
If after opening a OneAccount with Higher One (Easy Refund) and the student’s OneAccount is in a negative balance for an extended period of time, similar to other banking relationships, the student’s credit report will be affected. Higher One understands that this occasionally happens and actively works with students in this situation to reach an acceptable outcome.
Terms and Conditions
30. Is UND in compliance with FERPA regulations while transferring information to Higher One?
Yes. The University must not release FERPA information without written consent by the student and the student may restrict directory information; however, there are exceptions to this rule. School officials who have a legitimate need to know need not seek consent. Higher One is exempt from the written consent rule because it is a school official performing a business function on behalf of the University. In other words pursuant to FERPA, even if you block directory information, the University would be able to share information with Higher One.
31. Does Higher One sell UND students' personal information to credit card soliciting companies?
Higher One does not offer instruments of credit nor do we have partnerships with anyone who does. Rest assured that Higher One will never sell or share information with a company or entity that is not affiliated with Higher One. Cardholders can control how Higher One contacts them through the notifications page at UNDRefundChoiceCard.com. Cardholders can logon and from the main menu bar select "Profile" then "Notifications." Higher One may, if necessary, share contact information such as name, address, phone number and email address with the University.
To view Higher One's privacy policy, please visit:
UNDPrideCard.higheroneaccount.com/info/outprivacypolicy.jsp
32. Who is Higher One?
Higher One is a financial services company dedicated to serving higher education institutions and their students, faculty, staff, and alumni. Higher One believes in creating customized products to meet the needs of these customers. Higher One is led by a group of executives who have many years of experience in banking, higher education, and technology. Learn more about Higher One.
33. Why did UND contract with Higher One to issue excess financial aid and other refunds?
The University of North Dakota was interested in expanding electronic funds disbursements in order to provide students a faster way to receive their excess financial aid and other refunds. In addition, UND was also interested in streamlining the refund process, which had been labor intensive, costly, and inefficient. By streamlining the process, Student Account Services staff will be able to spend their time providing quality customer service to our students.
Since there are students that are unable to obtain a bank account, UND needed a vendor that could provide those students an account to receive their refunds electronically.
In addition, UND did not want to encourage the use of credit cards. Higher One offered those students selecting the OneAccount with Higher One (Easy Refund) a Debit Mastercard®, not a credit card.
Higher One’s clear focus on higher education, experience with other schools and their expertise in navigating the changing regulations governing the disbursement of financial aid were some of the reasons Higher One was selected.
34. Was Student Government involved in the review process for Higher One?
Yes, Higher One representatives visited with student groups and administrative offices to provide information and seek input from students and UND departments on the services they offer. The Student Government meeting was held on January 31, 2008 at 3:30pm and the Association of Residence Halls meeting was held on January 31, 2008, at 5:00pm. After the meetings, feedback was requested from these groups.
35. What does Higher One do with a student's private information after that student graduates? (If they chose ACH, what does Higher One do with that info when they are no longer students, if they have a OneAccount, when does the OneAccount automatically close?)
In accordance with NACHA rules and regulations, Higher One keeps student ACH information on file for five years. At that time the information is destroyed.
The OneAccount is a fully-functioning, FDIC Insured checking account. Therefore, it will stay open as long as the student uses and maintains it, regardless of their enrollment at UND. However, if the OneAccount is not used or maintained, it will automatically close after meeting various criteria such as being at a zero balance, no activity for 45 days on accounts two years or older, and the account is in good standing.
36. What % of Higher One clients pay for the full expense of replacement cards and how many pass it along to the students?
Higher One clients (colleges and institutions) set up their programs based on their specific needs. Higher One assesses a fee for all replacement cards. Higher One does not track their client’s decisions regarding replacement card fees; however, Higher One identifies three options institutions are utilizing:
- Institutions assess a fee to the student that is greater than the fee for the replacement card assessed by Higher One. UND does not mark-up the replacement card fee.
- Institutions charge the student for the replacement card fee. This is the option UND has selected to minimize discarding of the card.
- Institutions absorb the replacement card fee.
37. Are any of the Higher One Banking fees negotiable?
The Higher One fee schedule is the same for all Higher One customers and clients. Higher One continually monitors the market to ensure any banking fees associated with the OneAccount are competitive. A listing of those fees is available at UNDPrideCard.higheroneaccount.com/studentaccount/feeschedules.do.
Higher One understands that each student is different and will work with students on a case-by-case basis regarding incurred fees.
38. What is the student liaison and what does he/she do?
The student liaison is a Higher One employee who works closely with student groups and student leaders at each of the campuses Higher One serves to increase education and awareness of the card program and students' choices; as well as promote financial literacy and education, answer questions and take feedback about Higher One and the program.
39. How many students were refunded through the OneAccount and how many students were refunded via ACH?
In the last year, refunds went to 7,917 OneAccounts; and 11,196 refunds were processed as ACH to the student's existing bank account.
40. How many bids came to the University of North Dakota during the RFI and RFP process?
At the direction of the Vice President for Finance and Operations (VPFO), a group of Finance and Operations staff began meeting in November 2006 with various financial institutions to explore a banking relationship (RFI or Request for Information). The group interviewed five vendors. The purpose of the interviews was to gather information.
The VPFO made a decision to appoint a smaller group to prepare a request for proposal (RFP) for a sponsored banking relationship. The group was also charged with the evaluation of the RFP responses and to make a recommendation to the VPFO. UND mailed RFP's to 47 vendors, 8 vendors responded with proposals.
Of the 8 vendors, the committee selected to bring 3 vendors on campus for presentations. Higher One was one of the three vendors. Of the 8 responding vendors, none offered a product similar to Higher One.
41. Why aren't all transactions that may cause an overdraft of a student's OneAccount automatically denied at the retailers point of sale?(like a prepaid debit card)
If a transaction is presented to Higher One and there is not enough money in the account, Higher One will reject the transaction. In addition, Higher One will not permit customers to overdraw their OneAccount at an ATM. If there is not enough money for the transaction, it will be declined. Further, if an ATM fee overdraws the customer’s account, Higher One will automatically refund any overdraft charge.
Whenever possible, all point of sale transactions presented to Higher One at the time of sale are declined that would cause an account to be overdrawn. Unfortunately not all merchants have the capacity to verify account balances (present the transaction to Higher One) prior to the sale. When a merchant does not verify the balance prior to the sale, Higher One has no knowledge of the transaction. The accountholder can then go to another merchant, make purchases and, as such, overdraw their account. For this reason, it is very important for students to keep track of their account balance. This is no exception to other financial institutions.
Higher One offers online account access 24/7, mobile alerts and budgeting tools to help students manage their money responsibly and avoid overspending.
42. What if I have additional questions?
View an activation demo and get answers to other questions online by visiting UNDPrideCard.com/easyhelp, or contact the UND Student Account Services Office at
701-777-3911 or via email at UND.studentaccounts@UND.edu.
