An anti-cybercrime community alerting the public to web or internet threats. For the Scam Detector readers, Guardio offers a 20% discount. Now those customers are stuck using BankMobile for some services and a more traditional bank for others. PayPal Scams: Full List Refunds/BankMobile Disbursements - Grand Rapids Community College Due to the high number of questions including Is BankMobile legit? and Is BankMobile safe? combined with searches for objective reviews of BankMobile, we decided to research the firm and publish our findings in this BankMobile review article. Customer service was exceptional. However, if youre around the age of 20 you might really enjoy banking with BankMobile. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Sign-in. For more information, visit the BankMobile Disbursements Refund . Follow the instructions and use the code to select your desired method of delivery. Your choices include: Deposit to an Existing Account 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. 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. However, having access to a mobile banking application isnt necessarily a priority for everyone. That location is not enough to find you. BMTX: Where's My Refund Selection Kit As you are probably aware, other banks charge between $6 and $40 for these types of services. Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. <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 . 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? Also, the option to submit checks by phone is another option for customers making deposits into their BankMobile app account. 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. We have been helping students for over 20 years! By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Thanks for the review! Thank you Daisy for your kind words and your review. This ensures you will receive your refund quickly. The website is owned and operated by BankMobile, who has partnered with your school to deposit your money or refund it quickly and securely. He told me how to change my refund status. In January 2020, the CEO seat of BankMobile was passed from Jay to Luvleen. on Reddit, Share Mike. The website is owned and operated by BankMobile, who has partnered with your school to deposit your money or refund it quickly and securely. Paul. Either way you can go ahead and cash it in if you were owed a refund for your school semester. How would you rate the business? 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. 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. Mike was amazing and was very helpful and kind! Bankmobile credits its low overhead, due to not having any physical branches, for its ability to offer higher interest rates on savings accounts. According to BankMobile management, over the first two years since they launched the banking app, they have managed to save the college and university students around $100 million in banking fees. 1 If you choose to open a BankMobile Vibe Checking Account (upon identity verification), money is deposited the same business day that BankMobile receives funds from your school.. BankMobile continues to expand its market share and is now serving millions of clients around the United States. How can students choose to have their money delivered quickly? Information is not stored to the device with BankMobiles app on it, so account details cannot be pulled up without a password. Select how school refunds should be delivered to you. Those who use cash regularly will prefer banks that have more ATMs close to them. Five insightful ideas for, Lets take a look at how to tell if an online transaction is safe and, Geek Squad Scam: How It Works One resurfaced scam that has been making the rounds, With the increase in online scams, it's becoming more and more important to know how, Travel scams are rampant these days. The banks online-friendly options, mobile banking application that works perfectly, and low fees are three essential features that will attract customers. Visit RefundSelection.com and select "Need a Code?". Paul. Posted: 14:56:13, Friday, Feb 3, 2017 Expiration: 14:56:13, Tuesday, Feb 28, 2017. Almost half of the reviewers rated BankMobile with an excellent rating and only 29% of reviewers gave the bank a very low rating of 1 star. Paul. Also review each firms site for the most updated data, rates and info. BankMobile does not charge for stop payments. For more information, visit the BankMobile Disbursements Refund Choices webpage. If you're not expecting anything that might be why you can't log in, you probably have no funds available. Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. They currentlyhave 55,000 ATMsworldwide, which is more thanChase,Wells Fargo, andBank of Americacombined! This includes financial aid refunds, bookstore returns, RaiderCard refunds, overpayments or dropped class refunds. I hate this bank! Paul. Thank you Hasina for this wonderful review, I appreciate it! Here is why you should get it now: Awesome, right? Unfortunately, BMTX will not release the funds manually before the 5th business day. Sary and Mike were very friendly and patient in helping me unsuspend my account and reset my password. In addition, even though withdrawing cash from BankMobile ATMs is free, doing it on other banks ATMs will involve a $3 fee. 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. For example, think of your cell company, Amazon, or your bank. Create an account to follow your favorite communities and start taking part in conversations. 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. (adsbygoogle = window.adsbygoogle || []).push({}); Copyright 2015-2023. They are more likely than any other generation before them to conduct all their financial business online. Without the cost of physical locations, these banks have the opportunity to lower their fees and save consumers a lot of money. Merchants have up to 5 business days to post transactions to your Vibe account after the preauthorization of your purchase has occurred. Verification can help ensure real people write reviews about real companies. Take care! Jay Sidhu is also the CEO of, BankMobile continues to expand its market share and is now serving millions of clients around the United States. When you see your refund processed on your ESC account, your funds will be sent to BankMobile Disbursements on the next business day. Thats why the companies that offer the best mobile banking apps will attract the most students to bank with them. You can get the dealHERE or by clicking the button below. With competitors founding dates occurring such a long time ago, it can be hard for newcomers to compete against them. Refund Selection at refundselection.com is not a scam. 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. Review of the BankMobile Website. This company is relatively new but has already established itself as one of the biggest and fastest-growing online banks in the United States. 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. However, you need to check out a few important details below about this website and its Banking sector. Money is available 1 2 business days after we receive the funds from the school. To receive your excess credit balance, you must have a refund selection set up with BankMobile Refund Choice. BankMobile/RefundSelection Scam : r/Scams - reddit The companys growth has been tremendous. Together withLendKey, they manage the entire process on behalf of their clients, providing stress-free migration of their loan. It goes against our guidelines to offer incentives for reviews. The communication and understanding of the issue was great. Partnering with BankMobile Disbursements, a Department of Education approved vendor allows the college to refund students using secure and efficient delivery methods. Go. it brings one to Refundselectiion.com. 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. I got a card two years ago. In the Terms and Conditions, it states that we may close your Account at any time for any reason and without notice to you. Thanks again! So if you cant connect to a live representative over the phone, try out their social media options. Money is transferred to an existing account the same business day BankMobile receives funds from your school. I am glad I was able to quickly address and resolve your situation. 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). Is www.refundselection.com safe? We've been asked over and over again what are the most effective ways to stay safe online. We are glad we were able to quickly address your concerns. I am so glad Cathy was able to help you. Your school partners with BMTX, Inc. to deliver refunds with our BankMobile Disbursements service. 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. Please always remember to maintain current contact information in your BMTX profile. 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. Thank you! To get started, enter the personal code you may have received in the mail via a green envelope or in an email from BankMobile. Remember that even legitimate businesses have complaints and unhappy clients. We look forward to hearing from you. If the student selects to open a BankMobile Vibe Account, they must agree to our Terms and Conditions before the account is opened. The school receives a students financial aid, loan, or grant money from the respective provider. My community college uses it. 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. Thanks again for posting! Take care. The reply's were fast and straight to the point. On the other hand, Generation Z (which includes todays students) grew up on the internet. ITS Update: Is BankMobile email regarding my refund legitimate? 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. 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. Copyright 2012 - 2023 - Online Threat Alerts (OTA). We're sorry, but the page you're looking for can't be found. AdvisoryHQ (All Rights Reserved), BankMobile was founded in 2014 by Jay Sidhu and his daughter Luvleen Sidhu. Domain age, Alexa rank, HTTPS valid, Blacklisting, SSL certificates, Source code, Location, IP address, WOT Trustworthiness, Spam reports, Advanced technology, Privacy Policy, Terms of Use, Contact options, Crypto Fraud Victim May Recover Their Assets Here, How to Tell If An Online Transaction Is Safe, 7 Surefire Ways to Spot if a Website is Safe to Use, How To Remove Your Personal Information From The Internet, How To Tell If Someone Is Scamming You Online. Since these younger customers dont typically need mortgage loans or money market accounts just yet, BankMobile does not offer these features. Typically, it takes 1-2 business days for the receiving bank to credit the money to your account. refundselection.com Review - Scam Detector 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 dayTransfer to an existing bank account: Takes 1 2 business days We look forward to hearing from you. Read More: Tips for Finding the Best Mobile Banking Apps. Ive seen mixed reviews online and Im not sure wether to cash the check or not. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. They also gave me a tip to confirm my phone number which I did. They helped me in a fast and reliable way and I appreciate them. In addition, their banking application has been downloaded more than a million times just on the Android platform alone. They were respectful and didn't complicate things. We look forward to hearing from you. How to Verify Address and Phone Number - hacc.edu The founders and employees of BankMobile have diligently worked over the years to get the company listed among thetop 15 banksin the United States. Dont Miss: How to Find the Top, Free, or Best Internet Banking Apps? Some schools offer a paper check as an option for your refund disbursement. For students receiving financial aid from their school, BankMobile guarantees they will receive their funds on time no matter the circumstances. Takes forever to issue a refund after the merchant has already released the funds. 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. For example, many older adults may not care as much about a banking application as they do about privacy and security concerns. Fax: (518) 629-4892. Even though we can see a lot of benefits from using BankMobile and its banking application, there are also some downsides. 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. Click to view AdvisoryHQ's advertiser disclosures. Thanks for the awesome review, DDC! I contacted BankMobile on Twitter and gave me a few tips however that wasnt helpful. But if you can't login you have to call them through phone. 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. GRCC is an institution committed to accessibility, diversity and equal opportunity. Email Address. Contact the Registration office at 717-780-2378 for help. An interest-bearing checking account allows depositsup to $15,000 with a 1.04%APY interest rate. The funny thing is, the only way to contact them by email is to login. You could have a refund in the future, and you can be prepared to receive your money without delay. Since BankMobile is doing everything online, its normal to see how distrust and fear could hinder consumers from wanting to use their mobile banking app. For more detailed information, please see our Anticipated Financial Aid Refund Dates page. Is BankMobile worth it? For example, BNY Mellonwas founded in 1784 andState Streetwas founded in 1792. Please share your experience with this company, if you have any - so that we can adjust if that's the case. Cathy did a wonderful job explaining the status of my refund and what my next steps would be in receiving it. Get easy answers anytime by using our online. To get your refund money, enter your personal code to make your refund choice and get started at refundselection.com. Today, every student has a smartphone that connects to the internet. 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. By choosing an electronic option, students can receive their money the same business day or up to 2 business days from when we received the funds from the school. A lot of colleges uses BankMobileVibe for school refunds. 2023 Trustpilot, Inc. All rights reserved. It's a fact. The firms banking application also provides services like Money Meter that help customers get a holistic view of all their spending. While I was on the phone for half an hour. Here are 8 tips for writing great reviews. There are tons of types of fraudulent websites out there, but there are many common red flags to identify. Companies can ask for reviews via automatic invitations. We release the funds according to the students selected delivery method the same day we receive the funds from the school. Students are sent an email when their loan funds arrive. A lot of colleges uses BankMobileVibe for school refunds. Refund Selection - Northwest Mississippi Community College Take care! http://www.hvcc.edu/cashier/refund.html My account was suspended after too many login attempts since I forgot my password. We have contacted you directly to answer questions you may have regarding merchant purchases. And, to quickly find answers to your questions, use our search. on WhatsApp. Deposit to an Existing Account or. However, based on our research and findings we saw no factors pointing to BankMobile being an illegitimate or unsafe online bank. The agents were very helpful and solved the issue at hand. is refund selection legit - FOOD, WRITING, RANDOM MUSINGS When youre choosing the best bank for you, be sure you have a list of priorities in mind. The service is verified by our staff and is legitimate. 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. I maxed out login tired and got my account suspended. The check is legitimate as it comes from your school. Be on the lookout for your Personal Code. Quality. The BankMobile Vibe Checking Account is one of your refund options but you are not required to open this account to receive your refund. Please contact us again if you need help in the future.