How to use the OneAccount for Free

The OneAccount is FDIC insured and offers free checking with no monthly fees associated with normal use. Many commercial banks offer free checking as long as you meet certain criteria such as maintaining a minimum balance every month, or having at least one direct deposit scheduled every month. With a OneAccount, there are no minimum balance requirements and no minimum deposit requirements. There are some banking services offered by Higher One that do carry a fee. These are services that most banks charge fees for. View the Higher One Fee Schedule

Can you avoid paying fees and use your Higher OneCard and OneAccount for free?
Absolutely! Here's how:

1. Just "Swipe and Sign" For Fee-Free Debit MasterCard^® Purchases
   When using your Higher OneCard to make purchases, always choose "credit" instead of "debit" at the checkout. Swipe the card and sign the receipt. When you swipe & sign, you won't be charged the PIN-based transaction fee.
2. Use Free ATM Machines
   You can use your Higher OneCard to withdraw cash at any ATM machine. If your school has a Higher One ATM, you can withdraw cash for free and avoid any "foreign" ATM fees.
3. Check Your Free Online, Real-Time Statement Often
   Check your available balance frequently on your online OneAccount statement to make sure you have enough money to cover any purchases or cash withdrawals. It's updated in real-time and available 24/7/365 when you need an up-to-the-minute account balance. Your statement makes it easy to be responsible and avoid "insufficient funds" fees.
4. No More Stamps
   Set up automatic debit payments through Debit MasterCard^® using your Higher OneCard and you'll save money on checks and postage when paying recurring bills such as cell phone, cable, utilities and more. You can learn more about recurring Debit MasterCard^® payments.