Question: Is BankMobile A Checking Account?

Why did I get a check from BankMobile?

On occasion, your school may have money for you in the form of a refund.

Some of the reasons you might receive money include: dropping or canceling a class, or the receipt of Financial Aid or a grant.

In these cases, the school will send the refund to BankMobile to be disbursed to you..

How do I make a bank account on BankMobile?

BankMobile set up stepsVisit RefundSelection.com.Enter your unique Personal Code (emailed to your college email account when you first registered)Select how you’d like to receive your money.Complete your profile.

Can you transfer money from BankMobile vibe to another bank?

Mouse over to “Withdrawals & Payments” on the menu bar, then select “Send Wires”. 4. Enter your account information (including the wire amount) and click Next.

What is BankMobile vibe checking account?

The BankMobile Vibe Checking Account is a digital-only, FDIC insured checking account with access to 55,000 fee-free Allpoint® ATMs (ATM availability varies by location), money management tools and a one-of-a-kind recognition program.

What kind of bank is BankMobile?

Customers BankGoogle + BankMobile BankMobile, a division of Customers Bank, Member FDIC.

Is higher one now BankMobile?

Your Higher One Account becomes Bank Mobile Vibe. Financial aid disbursements will transition from Higher One to Bank Mobile Vibe on June 1, 2016.

How can I withdraw money from BankMobile vibe?

Access any ATM in the AllPoint network for free. There’s a $3 fee for using out-of-network ATMs. Teller withdrawals. Go to a Customers Bank branch to withdraw cash.

How do I check my financial aid refund?

To check on the status of financial aid being disbursed to you or your account, check with the financial aid office at your college. Note: If you submitted a paper FAFSA, you can check the status of your application after it has been processed (roughly 7-10 days from the date mailed).

Is Bank Mobile only for students?

BankMobile Vibe is a digital-only, interest bearing FDIC-insured checking account available to students at your school.

How much can I withdraw from BankMobile vibe?

There is an ATM cash daily limit of $500 and daily limit of $2,500 using the card for purchases or at a bank teller.

What time does BankMobile release funds?

Typically, it takes 1 – 2 business days for the receiving bank to credit the money to your account. Option 2: Electronic Deposit to a BankMobile Vibe account- Upon identity verification you will get a reloadable MasterCard debit card, money is deposited the same business day BankMobile receives funds from GSU.

How much is the average college refund check?

Less than $10,000 of that goes to tuition, leaving students with refund checks of roughly $14,000 each year. While these refunds are intended to go toward educational expenses and living expenses – food, rent and utilities – no one monitors how students spend this money.

Is BankMobile vibe a real bank?

BankMobile VIBE is a low-fee, digital, FDIC-insured checking account with no monthly fee for students and no overdraft or NSF fees that is available to students at colleges that partner with BankMobile Disbursements® to disburse financial aid refund.

How do I deposit money into my BankMobile vibe?

Go to a participating retailer to add cash to your card. 2. Add cash directly to your card at the register. A fee of $4.95 or less is charged by Green Dot per deposit.

Can I use my BankMobile card at any ATM?

The BankMobile Savings Account $0 in-network ATM fee. $3.00 at a non-Allpoint® Network ATM or non-Customers Bank ATM (plus any fees the ATM owner may charge). Use Allpoint® Network ATMs and Customers Bank ATMs to avoid ATM fees. ATM availability varies by location.