It seems like the www.refundselection.com website and its Banking niche are trendy these days. They are 100% legit companies, but there are always complainers about them. Happy banking! Review AdvisoryHQs Termsfor details. They viewed the company as an exclusively student-oriented online banking company with online mobile banking as a priority. So to finally answer the question, Is BankMobile safe? Yes, we believe so! How will I get a Personal Code? Mike was outstanding for assisting me the way he did. 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. The answer is easy to determine just by looking at the facts above. Don't Delay Your School Refund - BankMobile Disbursements Student Checking Account - Savings Account - BankMobile VIBE You know when you search, for example, for a flight and the next time you look at the same search the prices are higher? Searching around the web will inevitably get you to websites where people repeatedly ask two related questions: Is BankMobile safe? Paul. I maxed out login tired and got my account suspended. If you are an adult who finished college a long time ago, youll likely find nothing special about this company. 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.). In addition, if your card and credentials are stolen, the chances are high that the hackers can clear all the money out of your account. Paul If you wonder how to report online scammers, whether or not they belong to the same niche as www.refundselection.com, you could officially do it to the FTC - Federal Trade Commission. How can any institution of higher learning not be intelligent enough to do some background research on such a low rated incompetent company? Refunds for Credit Students | HVCC The service is verified by our staff and is legitimate. Thank you Navejot! After the school process the refund, they send the money to us. Paul. Refunds/BankMobile Disbursements - HACC Your post will be set as anonymous because you are not signed in. Click to view AdvisoryHQ's. If you want to remove your information from the Internet, contact our partners at Incogni immediately. 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. After a rough 24 hours from traveling and being out of state with access to the correct information, he assisted me in retrieving it. Cashier's Office. You will have two electronic options to deposit your money. I decided to leave a message on Twitter asking what I should do and I was going to call customer service when I was off work. She is definitely great at her job and so is everyone else who helped me along the way. on WhatsApp. By doing this, you can reset your password in under 2 minutes 24/7 even if suspended. 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 seven days. As mentioned above, it is a company that is now listed among the, According to statistics, online banking is now being used by, Another BankMobile perk for students is the, The average cost for using a BankMobile Vibe account is, In addition, they help graduating students refinance their student loans through the, Finder.com is another site where you can find a few online BankMobile reviews, and their overall rating for the bank is 4 stars. Safe. 3. Refund Selection If that is done, one can reset their own password in under 2 minutes, even if their BMTX profile has been suspended. In conclusion, you still need to be careful when conducting business on ANY site, not just www.refundselection.com. On the other hand, Generation Z (which includes todays students) grew up on the internet. When you see your refund processed on your ESC account, your funds will be sent to BankMobile Disbursements on the next business day. Enter your Student ID Number in the College ID Number field. Earlier this year, the companyannouncedthey were partnering with the well-known brands of BillSharkandBartlebyto offer even better deals to students. Together withLendKey, they manage the entire process on behalf of their clients, providing stress-free migration of their loan. 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. Money is available (upon identity verification) the same business day we receive the funds from the school. Just a terrible bank schools need to go with someone else. Thank you Jay for your review of BMTX. This includes financial aid refunds, bookstore returns, RaiderCard refunds, overpayments or dropped class refunds. Thank you Shayne for submitting a review of BMTX! Even though we can see a lot of benefits from using BankMobile and its banking application, there are also some downsides. BankMobile Refund? : r/college Discount, Submit Paul. Students need to have access to this money as soon as it is available. 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. (adsbygoogle = window.adsbygoogle || []).push({}); Copyright 2015-2023. Take care! Its content may no longer be timely or accurate. Sary and Mike were very friendly and patient in helping me unsuspend my account and reset my password. Today, every student has a smartphone that connects to the internet. You continue to use it as your primary bank account when you're no longer a student and get access to BankMobile loan products! You can have access to your funds either same business day or up to 2 business days, depending on your choice. Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Thanks again Paul! The banks online-friendly options, mobile banking application that works perfectly, and low fees are three essential features that will attract customers. BankMobile Review | Is BankMobile Legit? Safe? What You - AdvisoryHQ Thanks for the review! When BMTX receives the money and refund file from your school, you will receive an email from BMTX, and your refund will be sent according to your choice: Deposit to a BankMobile Vibe Checking Account: Available same business day Transfer to an existing bank account: Takes 1 - 2 business days We look forward to hearing from you. BankMobile offers five different banking options: BankMobile Vibe, Vibe UP, Credit, Personal Loans and Student Refi. Those who use cash regularly will prefer banks that have more ATMs close to them. 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? Love this review, Aaron! Thank you especially Paul. For students receiving financial aid from their school, BankMobile guarantees they will receive their funds on time no matter the circumstances. 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. Refund Selection | refundselection.com But on the other hand, American customers have deep-rooted concerns about cyber-security, information privacy, and hacker prevention. BM Technologies, Inc. f/k/a BankMobile (NYSE American: BMTX, BMTX.W) is among the largest digital banking platforms in the U.S., providing access to checking and savings accounts, personal loans, credit cards, and financial wellness. Share If you need me to screenshot the Twitter message Paul sent to help me, let me know. This message is legitimate and requires action on the part of the student.Students should have received a green envelope containing a personal code prior to receiving the email. Before I even clocked out Paul answered my Twitter message!! Mike. Grand Rapids Community College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Here is more below. Sary was very quick and helpful. BankMobile is partnered with *** ******** school to disburse financial aid and other refunds for their students. That location is not enough to find you. We appreciate it! The most important conclusion to be made in this BankMobile Review is that BankMobile is safe, reliable and legit. If you are receiving funds through your school, BankMobile and the banking application will allow you to manage your money with almost zero expenses. Students should have received a green envelope containing a personal code prior to receiving the email. Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. 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). Students need to visit refundselection.com and select how they would like any possible refunds delivered to them. And, to quickly find answers to your questions, use our search. If the student selects to open a BankMobile Vibe Account, they must agree to our Terms and Conditions before the account is opened. Review AdvisoryHQs, Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. With it, customers can earn prizes and discounts by simply taking steps to manage their money smarter. Remember that even legitimate businesses have complaints and unhappy clients. I DMd BankMobile for help. Ive had no issues. Downtown Redmond, Redmond, Washington, United States, Is Refundselection.com a Scam? BankMobile Disbursements is a service provided by BMTX, Inc. that helps colleges and universities across the U.S. deliver refunds to students. This is a dream come true for the younger generations who still need to pay their bills but hate traditional banking methods such as waiting in long lines, writing checks or struggling to find an ATM. Additionally, 35% of smartphone owners are choosing to use online mobile banking. Sary helped me resolved the issue within 30 minutes compared to being on hold on the phone for an hour. Thanks again. I am scared to enter my account information I do not know how much I will be refunded since I have not attended school since 1998 how do I even know I will be getting a refund that seems like an awful long time to locate me don't you think? You typed in the domain www.refundselection.com even though you have heard of this business before. GRCC'S Process for Student Refunds. In the Terms and Conditions, it states that we may close your Account at any time for any reason and without notice to you. 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). 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. Then they sell it to third parties, including financial institutions, medicare companies, etc. The companys growth has been tremendous. In addition, even though withdrawing cash from BankMobile ATMs is free, doing it on other banks ATMs will involve a $3 fee. Take care! Love the review, Anthony! The ITS Help Desk has received numerous inquiries about an email from BankMobile asking students to select a delivery message for their refund. Thanks again, and happy holidays! For only $6.49/month its totally worth it. It's always something with this account. It was tested and vetted by our Scam Detector team. Jay Sidhu is also the CEO ofCustomers Bank. They dont offer any other plans. 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 Enter your Official Northwest email address in the Email Address field. Hi KC. Got something in the mail with a code that said that they partnered with my school to give refunds. We are glad Sary was able to quickly address your questions and concerns. Students who are not expecting a refund from their school may receive a refund in the future. I only have it for financial aid otherwise I would only deal with credit unions! Is BankMobile legit? Youve probably come across the BankMobile banking application and the BankMobile online banking services. For more information, please see our Your school partners with BMTX, Inc. to deliver refunds with our BankMobile Disbursements service. BMTX follows all MasterCard rules and regulations when handling purchases and disputes. and our In addition, they help graduating students refinance their student loans through theBankMobile Student Refiprogram. Take care. We look forward to hearing from you. If you still can't find what you need, feel free to contact us. Ive seen mixed reviews online and Im not sure wether to cash the check or not. Click HACCWeb on the left menu Click on "Enter Secure Area." Enter your user ID and PIN. This includes your address, phone number and e-mail. You will continue to receive these emails until you make a selection.If you have questions about the refund process, please contact the Cashier's Office at 608.342.1211 or cashieroff@uwplatt.edu. Also, Cathy was very helpful and knew what was going on with my account and provided me great feedback and a clear solution. PayPal Scams: Full List Partnering with BankMobile Disbursements, a Department of Education approved vendor allows the college to refund students using secure and efficient delivery methods. 2023 Trustpilot, Inc. All rights reserved. More information can also be found at https://ir.bmtxinc.com/. He responded with urgency and responded to my needs to very quick and kept me updated through the whole process. Deposit to an Existing Account or. Paul. Paul was outstanding and attentive to my every question I had a good amount of issues and he resolved all of them in a very quick manner. This can be considered a good thing for some customers, but to many others, it is considered a lack of protection. AdvisoryHQ (All Rights Reserved), BankMobile was founded in 2014 by Jay Sidhu and his daughter Luvleen Sidhu. If they do not choose their delivery preference, it could take up to 21 days to receive their money. It goes against our guidelines to offer incentives for reviews. Follow the instructions and use the code to select your desired method of delivery. They referenced the BankMobile Vibe account option as a "seamless way to receive refunds and financial aid from your school." They viewed the company as an exclusively student-oriented online banking company with online mobile banking as a priority. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. Paul. To receive your excess credit balance, you must have a refund selection set up with BankMobile Refund Choice. Without the cost of physical locations, these banks have the opportunity to lower their fees and save consumers a lot of money. Required fields are marked *. 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. There are tons of types of fraudulent websites out there, but there are many common red flags to identify. 5. We release the funds according to the students selected delivery method the same day we receive the funds from the school. The firms banking application also provides services like Money Meter that help customers get a holistic view of all their spending. My college is sending me a stipend through them so I guess its legit. Why should students choose a refund delivery method if they are not expecting a refund? I got a card two years ago. We have been helping students for over 20 years! This ensures you will receive your refund quickly. 1 1 Early access to funds cannot be . Student Financial Services (formerly Cashier's office)(616) 234-4020StudentFinancials@grcc.edu, 143 Bostwick Avenue NE 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. I am glad I was able to quickly address your concerns. They explained everything well and made my issue a nice and easy fix all under 20 min with minimum time in replying. So, if you want your data removed from the Internet, sign-up HERE. of those, 110 complaints were closed in last 12 months This includes financial aid refunds, bookstore returns, RaiderCard refunds, overpayments or dropped class refunds. Using their banking application allows consumers to make payments very easily. Mike. 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. 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. 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. To protect your privacy, please remove sensitive or identifiable information from your comments, questions, or reviews. These consumers are more likely to choose companies that will allow them to handle their banking entirely online. The leftover money is known as a refund. Thanks for the awesome review, DDC! School Name. They provide a1.50% APY deposit interest rate, and deposits can be made in cash via their ATMs or transferred from other banks. They also gave me an important tip: even if your account is suspended, you can still unlock it if your phone number is registered to receive Mobile Alerts. Click to view AdvisoryHQ's advertiser disclosures. Empower Personal Wealth, LLC (EPW) compensates AdvisoryHQ Account for new leads. LinkedIn Leave a comment below. Kristen, Thanks for the awesome review, Kristen! Thats why the companies that offer the best mobile banking apps will attract the most students to bank with them. For example, think of your cell company, Amazon, or your bank. Write Your Comment, Question, Answer, or Review, Fake Anti-Spyware - Virus - Optimization Software, Hoax - Fake-News - Pranks - Chain Letters, Lottery - Donation - Inheritance Scams - Ponzi Schemes, Phishing - Scamming - Fraud - Identity Theft, Virus - Malware - Trojan - Ransomware - Spyware, Check the comment section below for additional information, share what you know, or ask a question about this article by leaving a comment below. Luckily, there is a solution. Given the super high rating of 91.40 that the business received, the www.refundselection.com review is very straightforward. <META http-equiv="refresh" content="0;URL=/refundselection/jsDisabled.html"> <img height="1" width="1" alt="" style="display:none" src="https://www.facebook.com/tr?id . Thank you Daisy for your kind words and your review. According to statistics, online banking is now being used by 51% of adults in the United States. You deposited it and nothing happened? Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. The website is owned and operated by BankMobile, who has partnered with your school to deposit your money or refund it quickly and securely. Select Your Preference Now! Also review each firms site for the most updated data, rates and info. It is a trustworthy data privacy tool that requests your data removal from almost a hundred brokers on your behalf. For example, BNY Mellonwas founded in 1784 andState Streetwas founded in 1792. Thank you Hasina for this wonderful review, I appreciate it! Paul. Students receiving financial aid are the ones who are going to benefit the most from a company like BankMobile. However, its necessary to have a checking account with BankMobile before a savings account can be opened. Go to myHACC. Hello Indi. They helped me in a fast and reliable way and I appreciate them. Feel free to share this page on social media using the buttons provided at the top. Have you dealt with this website? Holland, Michigan 49424, Facebook 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. We have reached out to you directly to discuss the status of your student refund. 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. However, based on our research and findings we saw no factors pointing to BankMobile being an illegitimate or unsafe online bank. http://www.bbb.org/us/ct/new-haven/profile/financial-services/bank-mobile-vibe-0111-87125109/complaints To get started, enter the personal code you may have received in the mail via a green envelope or in an email from BankMobile. 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. Replies to negative reviews in < 24 hours. The funny thing is, the only way to contact them by email is to login. SCF has partnered with BankMobile, to process refund disbursements to students. is refund selection legit - FOOD, WRITING, RANDOM MUSINGS It may take up to 21 days for you to receive your money if no preference is selected. 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. BankMobile Review Conclusion: Is BankMobile Safe and Should You be Opening an Account with Them? Verification can help ensure real people write reviews about real companies. Typically, it takes -2 business days for the receiving bank to credit the money to your . For more information about BankMobile, please visit: http://bankmobiledisbursements.com/refundchoices/. Refund Selection They have been helping students for over 19 years!