Can be Used 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 as long as you
are a student at Merced College.
There are some banking services
offered by HigherOne 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 Merced Blue Card and
OneAccount for Free? Absolutely! Here’s how:
- Just “Swipe and
Sign: For Fee-Free Debit MasterCard Purchases
When using your Merced Blue Card 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.
- Use Free ATM
You can use
your Merced Blue Card to withdraw cash at any ATM. Use
a HigherOne ATM to withdraw cash for free and
avoid any “foreign” ATM fees. Higher One has
made an Agreement with Merced Schools Employee
Federal Credit Union (MSEFCU) to use the
ATMs located on campus Fee
this presently does
the MSEFCU ATMs at the branch locations.
- Check Your Free
Online, Real-Time Statement Often
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.
- No More Stamps
automatic debit payments through Debit
MasterCard using your Merced Blue Card 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