Your refund choices include: 1) Deposit to an existing account - Money is transferred to an existing account the same business day BankMobile Disbursements receives funds from your school. Here are some tips to help you avoid losing money to a recovery scam: GRCC'S Process for Student Refunds. Then they sell it to third parties, including financial institutions, medicare companies, etc. BankMobile was founded in 2014 by Jay Sidhu and his daughter Luvleen Sidhu. Paul. Paul. http://www.hvcc.edu/cashier/refund.html When you see your refund processed on your ESC account, your funds will be sent to BankMobile Disbursements on the next business day. It is hard to make everyone happy, so if you believe that this 91.40 rating needs to be lower or even higher, you could make your word count. Thank you! Although ideal for students and young adults, BankMobile has no age limit for opening an account with them. Created: 15:00:27, Friday, Feb 3, 2017 (by Deb M.)Updated: 15:00:27, Friday, Feb 3, 2017 (by Deb M.). Paul, Cindy was amazing, helpful, friendly, knowledgeable and answered all of my questions. PayPal Scams: Full List Grand Rapids Community College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. I was having trouble with login info. Thanks again Paul! Students can select how they receive their refunds based on the refund preferences offered by their school. Paul. The Scam Detectors algorithm gives this business the Instagram Scholarship, Educational They are 100% legit companies, but there are always complainers about them. If you're expecting funds from a scholarship/grant then it would be worthwhile to go to your financial aid office to sort it out bc they might be sending you money through RefundSelection. This was a great strategy, as it allowed the bank to reduce their costs and pass the savings on to its customers. Unfortunately, BMTX will not release the funds manually before the 5th business day. Ok that was so appreciated. You know when you search, for example, for a flight and the next time you look at the same search the prices are higher? Your email address will not be published. The school receives a students financial aid, loan, or grant money from the respective provider. Posted: 14:56:13, Friday, Feb 3, 2017 Expiration: 14:56:13, Tuesday, Feb 28, 2017. However, as the site is not at maximum rating just yet, we tried scraping a relevant phrase from it (see below) to see how they describe themselves: Now let's look at what determined www.refundselection.com having such a super high rating. Refunds can also come from overpayments and dropped classes. Thanks again! You continue to use it as your primary bank account when you're no longer a student and get access to BankMobile loan products! In addition, their banking application has been downloaded more than a million times just on the Android platform alone. People who write reviews have ownership to edit or delete them at any time, and theyll be displayed as long as an account is active. For the Scam Detector readers, Guardio offers a 20% discount. Banks that can conduct their business mainly through the internet provide a host of benefits to their customers. In addition, they help graduating students refinance their student loans through theBankMobile Student Refiprogram. Dont wait! The Rank of the website you are interested in is: The rank is based on a 1-100 scale, with 100 being the most reputable. Happy banking! A lot of colleges uses BankMobileVibe for school refunds. The refund preference you select will be in effect for the time you are enrolled at Hudson Valley Community College, and you can change your preference at any time by logging in to www.refundselection.com. BankMobile believes its banking application is more secure than online banking due to encryption techniques. We have been helping students for over 20 years! Thank you especially Paul. If youre used to shopping online, socializing online, and viewing entertainment online why not also conduct your mobile banking online? The ITS Help Desk has received numerous inquiries about an email from BankMobile asking students to select a delivery message for their refund. You are not eligible to receive refunds electronically if you are a: Guest student; F-1 student; College in the High School student; Provisional admit student; Dual enrollment student; How can I get my refund? It offers you effective protection from viruses and zero-day threats, a lightweight, clean, and easy-to-use app, and a 30-day money-back guarantee. A lot of colleges uses BankMobileVibe for school refunds. If that is done, one can reset their own password in under 2 minutes, even if their BMTX profile has been suspended. Once it arrives, simply follow these steps to make your refund preference selection: . http://www.consumer.ftc.gov/articles/0102-refund-and-recovery-scams BankMobile Review | What You Need to Know about BankMobile. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Cashier's Office. On the other hand, Generation Z (which includes todays students) grew up on the internet. I wouldn't recommend them to use as an actual bank rather than a place to get your school refund and move it to your actual bank account. My community college uses it. I am so glad Cathy was able to help you. BankMobile offers five different banking options: BankMobile Vibe, Vibe UP, Credit, Personal Loans and Student Refi. If you still can't find what you need, feel free to contact us. BankMobile Review | Negative Sides of the Company & BankMobile Complaints. AdvisoryHQ Account is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC. We look forward to hearing from you. Mike was amazing and was very helpful and kind! No, www.refundselection.com is not a scam website, but it's your duty to spot the red flags every time you are engaging in an online transaction. it brings one to Refundselectiion.com. on Reddit, Share Popular Article: Personal Capital App Reviews, BankMobile Review | What People Say About the Company Positive and Negative BankMobile Complaints. Select how school refunds should be delivered to you. How To Stop Scam Calls Bankmobile credits its low overhead, due to not having any physical branches, for its ability to offer higher interest rates on savings accounts. They are used to doing everything online. If they do not choose their delivery preference, it could take up to 21 days to receive their money. Your harvested personal data is used not only for spam emails, targeted ads, and telemarketing calls but for changing your financial rates too. Paul. He responded with urgency and responded to my needs to very quick and kept me updated through the whole process. Refunds are processed after the posted add/drop date of the term and sent via the . Watch the video below to see how to spot a fraudulent website: We have two more powerful fraud prevention tools that you should know about. Put my email and my student ID and then was immediately locked out of the account I never had access to in the first place. Click on "Personal . Mike. Press question mark to learn the rest of the keyboard shortcuts. GRCC is an institution committed to accessibility, diversity and equal opportunity. Kristen, Thanks for the awesome review, Kristen! By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Is BankMobile worth it? Get easy answers anytime by using our online. I am glad I was able to quickly address and resolve your situation. Refund Selection. If you do, you can quickly reset your own password in under two minutes even if your BMTX profile is suspended. This ensures you will receive your refund quickly. If you need me to screenshot the Twitter message Paul sent to help me, let me know. For BMTX to process your student refund, we need both your file and your refund from your school. The leftover money is known as a refund. More information can also be found at https://ir.bmtxinc.com/. All the suspicious sites that Guardio blocks are mostly encountered by you when clicking on unknown links in emails, social media scams, popups, and ads. Theyalso dont charge overdraft fees, insufficient funds fees, monthly service fees, or cashiers check fees! Review AdvisoryHQs Termsfor details. Thank you Faith for the review and the recommendation! Having refund options increased student customer service and processing costs were reduced. So I reached out to twitter @AskBMD and got assistance from Sary and they made it easier for me to login in successfully while being really nice and patient with me. The communication and understanding of the issue was great. However, you need to check out a few important details below about this website and its Banking sector. following rank: It's worth taking a look at how www.refundselection.com received such a high rating. For more information, visit the BankMobile Disbursements Refund Choices webpage. BankMobile Disbursements is a service provided by BMTX, Inc. that helps colleges and universities across the U.S. deliver refunds to students. Companies can ask for reviews via automatic invitations. It could be the case with www.refundselection.com as well. How is my money delivered? 5. I only have it for school otherwise I'd never deal with them again. Select Your Preference Now! The subreddit for discussion related to college and collegiate life. Thanks for the review! After putting it off for a while, I decided to contact Twitter customer service. LinkedIn of those, 110 complaints were closed in last 12 months Just avoid this shit when it comes in the mail. We have been helping students for over 20 years! While this is not a drawback for many, for some it is still a cause for BankMobile complaints. As an authority website vetted online a long time ago, the business is, without a doubt, Trustworthy. If you are receiving funds through your school, BankMobile and the banking application will allow you to manage your money with almost zero expenses. The Vibe account is an easy, convenient and affordable choice for a bank account and we encourage all students to compare our account to other banks and you will see we measure quite favorably. Remember that even legitimate businesses have complaints and unhappy clients. Review of the BankMobile Website. Leave a comment below. BMTX follows all MasterCard rules and regulations when handling purchases and disputes. Here is why you should get it now: Awesome, right? Im happy because I honestly wasnt expecting a twitter response. Selecting a refund delivery method with BankMobile Disbursements ensures you will receive your funds in the quickest, most reliable, and safest method possible. Can I change my refund preference for receiving money from my school? Learn how to verify your address, phone number and e-mail. Copyright 2023 Scam Detector Media Inc.. All Rights Reserved. What does that mean? They are more likely than any other generation before them to conduct all their financial business online. 3. Refund Selection at refundselection.com is not a scam. We have reached out to you directly to address your concerns about your Vibe account. OnTrustPilot, the overall review score is 3.8. Disclaimer: This news item was originally posted on Friday, Feb 3, 2017. To get your refund money, enter your personal code to make your refund choice and get started at refundselection.com. I was already upset because I wanted to use that money to pay for my spring courses. How would you rate the business? We also ensure all reviews are published without moderation. Mike. We have contacted you directly to answer questions you may have regarding merchant purchases. We will use your IP address to display your approximate location to other users when you make a post. Just a terrible bank schools need to go with someone else. Please give Sary a raise he deserves it. refundselection.com was registered 8 years 4 months ago. As of 6 PM ET on 1/10/23, we have only received your file from your school, however, have not received your refund yet.BMTX discloses to all students that we will process student refunds the same business day once the funds are received from the schools. They explained everything well and made my issue a nice and easy fix all under 20 min with minimum time in replying. Amazon Reward Club Scam It is a domain having .com Cathy did a wonderful job explaining the status of my refund and what my next steps would be in receiving it. The companys growth has been tremendous. Take care! Your email address will not be published. No, www.refundselection.com is not a scam website, but it's your duty to spot the red flags every time you are engaging in an online transaction. Is it safe? By having your paycheck direct deposited to your checking or savings account you may be able to get paid up to two days early. In fact, we partner with over 700 campuses, and one in every three students in the U.S. receives their school refunds through BankMobile Disbursements. When you see your refund processed on your ESC account, your funds will be sent to BankMobile Disbursements on the next business day. Thank you Navejot! I DMd BankMobile for help. Calling the phone line would also be worthwhile. In one survey, 42% of American citizens said they are more afraid that someone will hack into their bank account and take their money, than they are of losing their job. Refund Choices - BankMobile Disbursements Refund Choices FAQs What kind of money might I receive? In 2017, GlobeNewswire.com announcedthat BankMobiles Vibe account holders save over $62 million per year. How To Report a Scam Website They also dont have a live chat option on the BankMobile website. Paul. Takes forever to issue a refund after the merchant has already released the funds. It also. Mike, So I wrote a review for this clown bank and got a response but cant reply so I am replying this way I have verification from the school that my funds were released last week to you I have confirmation from the bank that the file is there the school confirmed this with the bank and yet the funds seem to be in the wind and its on the bank end not the school and the school also confirmed that Monday made 2 business days and there is no reason that my money is not in my account..bank continues to try and transfer me to the automated system even though the delay that they and the school said shouldnt be happening is happening..this has been a ongoing issue, Hello Julianna. 1 1 Early access to funds cannot be . Without the cost of physical locations, these banks have the opportunity to lower their fees and save consumers a lot of money. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Privacy Policy. Deposit to a BankMobile Vibe Checking Account - If you open a BankMobile Vibe checking account (upon identity verification), money is deposited the same business day BankMobile receives funds from our school. Thats why they love the ease and convenience of using a banking application for their needs. Not one time was I nervous or freaking out cause Paul laid everything out for me. Thats why the companies that offer the best mobile banking apps will attract the most students to bank with them. Paul. Luckily, there is a solution. Also, Cathy was very helpful and knew what was going on with my account and provided me great feedback and a clear solution. Typically, it takes -2 business days for the receiving bank to credit the money to your . For only $6.49/month its totally worth it. They have an award-winning VPN service, protecting your privacy, securing your identity, and preventing third parties from tracking your device. If a credit balance remains on your account after your tuition, fees and other authorized charges are paid, a refund will be issued to you within ten days. To receive your excess credit balance, you must have a refund selection set up with BankMobile Refund Choice. You could have a refund in the future, and you can be prepared to receive your money without delay. This can be considered a good thing for some customers, but to many others, it is considered a lack of protection. (adsbygoogle = window.adsbygoogle || []).push({}); Copyright 2015-2023. My account was suspended after too many login attempts since I forgot my password. The funny thing is, the only way to contact them by email is to login. After the school process the refund, they send the money to us. I did not receive my refund in the mail. To receive your excess credit balance, you must have a refund selection set up with BankMobile Refund Choice. In addition, we have contacted your school and requested they call you to review the refund process and timeline with you. BankMobile is partnered with *** ******** school to disburse financial aid and other refunds for their students. Santa Monica College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. You will receive a Refund Selection Kit with instructions on how to select your refund preference. Enter your Student ID Number in the College ID Number field. I am glad I was able to quickly address your concerns. They currentlyhave 55,000 ATMsworldwide, which is more thanChase,Wells Fargo, andBank of Americacombined! In fact, 1 in every 3 students in the U.S. receives their refund from BankMobile. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Although not required, almost two million students have chosen to open a Vibe account as we have successfully partnered with seven hundred schools across the USA. See if the website is legit with our validator: Here are the best ways to spot a scam this year. Got something in the mail with a code that said that they partnered with my school to give refunds. Please remember to keep a confirmed mobile phone number on file. Happy Holidays! And we thank you for confirming our efforts in providing excellent service to our customers. Contact These consumers are more likely to choose companies that will allow them to handle their banking entirely online. The agents were very helpful and solved the issue at hand. Here's how to know if a travel website selling, If you are an avid traveler, beware of the new TSA PreCheck Scam. Hi KC. However, its necessary to have a checking account with BankMobile before a savings account can be opened. Though rates can change at any time, its free savings account is paying higher than most big banks right now. Delivering 100% of your refund Keeping your data secure Allowing students to change refund preferences at any time Providing students with clear choices Offering great customer service My college is sending me a stipend through them so I guess its legit. For example, BNY Mellonwas founded in 1784 andState Streetwas founded in 1792. It automatically blocks 100x more harmful websites than competitors and 10x more malicious downloads than any other security tool. Either you selected the check as a method of delivery or it defaulted to that. Remember that even legitimate businesses have complaints and unhappy clients. Either way you can go ahead and cash it in if you were owed a refund for your school semester. Establishing a refund preference now ensures you will always have this money without delay. BankMobile Disbursements is a service provided by BMTX, Inc. that helps colleges and universities across the U.S. deliver refunds to students. Receive a paper check in the mail from BankMobile (refunds are available 5-7 business days after the funds are released to BankMobile) However, if youre around the age of 20 you might really enjoy banking with BankMobile. Thank you Hasina for this wonderful review, I appreciate it! It may take up to 21 days for you to receive your money if no preference is selected. This company is relatively new but has already established itself as one of the biggest and fastest-growing online banks in the United States. Love this review, Aaron! This includes financial aid refunds, bookstore returns, RaiderCard refunds, overpayments or dropped class refunds. Pay. Create an account to follow your favorite communities and start taking part in conversations. But if you can't login you have to call them through phone. Contact the Registration office at 717-780-2378 for help. When you see your refund processed on your ESC account, your funds will be sent to BankMobile Disbursements on the next business day. BankMobile Disbursements is a division of Customers Bank. For more information, visit the BankMobile Disbursements Refund . From the website's popularity, customer service, online reputation, and IP address to Alexa rank, genuine social media praise, and mentions in other authoritative websites, www.refundselection.com checks all the boxes. Students need to verify and update their information. We appreciate it! If youre a student or young adult in your 20s, its likely that most of your daily activities are already conducted online. Continue reading the in-depth BankMobile review below to learn more. Twitter Deposit to a BankMobile Vibe Checking . Dont Miss: How to Find the Top, Free, or Best Internet Banking Apps? The service is verified by our staff and is legitimate. Have you dealt with this website? My Community college uses that website for financial aid so whatever excess financial aid I got, it was deposited through BankMobile. Is BankMobile legit? Copyright 2012 - 2023 - Online Threat Alerts (OTA). Holland, Michigan 49424, Facebook Money is transferred to an existing account the same business day BankMobile receives funds from your school. Reddit and its partners use cookies and similar technologies to provide you with a better experience. So to finally answer the question, Is BankMobile safe? Yes, we believe so! Beware of an extra "i" inserted upon redirect. on Facebook, Share If you are an adult who finished college a long time ago, youll likely find nothing special about this company. BankMobile was founded in 2014, so its normal for people to wonder if it could be a scam. 2023 Trustpilot, Inc. All rights reserved. Why am I getting a Personal Code? BMTX currently serves over two million account-holders and provides disbursement services at approximately 725 college and university campuses (covering one out of every three students in the U.S.). You were such a pleasure to help. on Twitter, Share Here are some of the most common complaints: Unlike traditional banks, customers dont have access to standard types of loans. 2023 BMTX, Inc., a wholly owned subsidiary of BM Technologies, Inc. Accounts provided by Customers Bank, Member FDIC & Equal Housing Lender. We provide Refund Management, an industry-leading service that processes and disburses financial aid credit balances to students on behalf of college and university administrations and offers an optional checking account for students. Share They have been helping students for over 19 years! BankMobile Review Conclusion: Is BankMobile Safe and Should You be Opening an Account with Them? So if you cant connect to a live representative over the phone, try out their social media options. After a certificate or degree seeking student registers and pays for their first class, they will receive a 12-digit code through an email to the student.phsc.edu . Paul. Verify and update your information. Your post will be set as anonymous because you are not signed in. Feel free to contact us again in the future, should you need help. I am glad I was able to quickly address your questions and concerns. Your choices include: Deposit to an Existing Account Happy New Year! Also, the option to submit checks by phone is another option for customers making deposits into their BankMobile app account. I contacted BankMobile on Twitter and gave me a few tips however that wasnt helpful. Whether you accept it or not, your personal information is listed all over the Internet. As mentioned above, it is a company that is now listed among thetop 15 banksin the U.S. based on some key parameters. How can any institution of higher learning not be intelligent enough to do some background research on such a low rated incompetent company? As you are probably aware, other banks charge between $6 and $40 for these types of services. Still, its completely normal for people to ask these questions based on the relative newness of BankMobile, especially when compared to other well-established banks that have been around for 200 years or more! She was very helpful and went above and beyond, especially considering it was on Christmas Eve and after hours. An anti-cybercrime community alerting the public to web or internet threats. And using a phone is a pain in the ass not to mention that I'd probably curse them out and they'd just hang up on me like usual. Take care! Verification can help ensure real people write reviews about real companies. Thanks again! We appreciate it!! Thank you Caleb for taking the time to submit a review of BMTX! Everyone has a different understanding of what is most important to them. Today daughters have issued card, because the bank has good conditions. Paul. The check is legitimate as it comes from your school. Guardio has over a million users and while it is affordable for the benefits it provides (just a few dollars a month), it covers up to 5 family members. Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Schools refund money to students who have funds leftover from financial aid awards, loans, or grants. Partnering with BankMobile Disbursements, a Department of Education approved vendor allows the college to refund students using secure and efficient delivery methods. YouTube. I filed a report with usps. This is an unfortunate situation for more-established customers who choose to bank with them and would prefer to have all their banking needs met by just one bank. Read More: Tips for Finding the Best Mobile Banking Apps. Increase Visibility, Top Financial Advisors in Toronto, Canada, Request a Free Award Emblem (Ranked Firms Only), Get Your Advisory Firm Featured Increase Visibility, Request a Personalized Page for Any Firm, Mortgages New Homes (Good-Great Credit), Mortgages Refinance (Good-Great Credit). Given the super high rating of 91.40 that the business received, the www.refundselection.com review is very straightforward. http://expertpaperwriter.com/speedypaper-com-review/, how much does it cost to have someone write your essay , Apex Business WordPress Theme | Designed by, Leave your email to get new posts sent directly to your inbox, http://www.esc.edu/student-accounts/financial-aid-refunds/refunds-faq/, http://www.bbb.org/us/ct/new-haven/profile/financial-services/bank-mobile-vibe-0111-87125109/complaints, http://www.consumer.ftc.gov/articles/0102-refund-and-recovery-scams, http://expertpaperwriter.com/speedypaper-com-review/, how much does it cost to have someone write your essay. But on the other hand, American customers have deep-rooted concerns about cyber-security, information privacy, and hacker prevention. The BankMobile Vibe Checking Account is one of your refund options but you are not required to open this account to receive your refund. Friday is great, but payday is better. On theBetter Business Bureausite, there are over 300 BankMobile complaints about their Vibe account option. Take care. A refund delivery method should be selected even if you are not expecting a refund. Students need to have access to this money as soon as it is available. Unsecure site, they can't be legit because they never pick up the darn phone. Also, if you get into an overdraft situation and spend more than you have in your account (known as going into the red zone), the bank wont stop you from completing that transaction. I work 3rd shift so everything was closed. And while receiving funds from other customers directly into your account is free, if you want to conduct a wire transfer to someone else it will cost $25. It goes against our guidelines to offer incentives for reviews. Those who use cash regularly will prefer banks that have more ATMs close to them. For students receiving financial aid from their school, BankMobile guarantees they will receive their funds on time no matter the circumstances. The basis for refunds of refundable fees: Refunds of 100% (less nonrefundable fees) will be made until 11:59 p.m. on the last day of registration (end of the posted add/drop period). After all, you may drop a class, make an overpayment, or apply for a loan to pay for off-campus housing, for example. In January 2020, the CEO seat of BankMobile was passed from Jay to Luvleen. Even though we can see a lot of benefits from using BankMobile and its banking application, there are also some downsides. Sign-in. It's always something with this account. Searching around the web will inevitably get you to websites where people repeatedly ask two related questions: Is BankMobile safe? Under the Telemarketing Sales Rule, they cannot ask for or accept payment until seven business days after they deliver the money or other item they recovered to you.