The benefits of having a Higher One checking account include no minimum balance requirements; mobile features such as text alerts and mobile deposits; access to Higher One’s Passport recognition program; and free online bill payment. People with the OneAccount checking account also get the interactive budget tool Money Meter and surcharge-free Higher One ATM withdrawals. Students who attend one of Higher One’s partner colleges and universities are eligible to open checking accounts.
Higher One offers three choices of checking accounts: OneAccount, OneAccount Edge and OneAccount Premium. Of the three, the premium account offers the most benefits. The premium account offers exclusive features such as Allpoint ATM access, VIP level customer care, non-Higher One ATM reimbursements and three complementary checks. The OneAccount Edge membership requires service fees but has no PIN fees.
The Passport recognition program acknowledges students for efficient money management, financial behavior and academic achievements. This program rewards students with stamps, which gives them access to deals, discounts and a chance to win cash prizes in the semi-annual Student Success Sweepstakes.
Higher One’s mobile application for Android and iPhone smartphones allows users to pay bills, transfer deposits, check balances and find ATMs on the go. Users also receive balance notifications and refund statuses on their mobile phones.