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One Account Information


One Account Fee Schedule

The OneAccount is a checking account provided by the PSU OneCard vendor, Higher One. This checking account has no minimum balance requirements and no monthly service charges. If you've chosen to open the OneAccount checking account, your PSU OneCard can be used to make credit purchases at any location worldwide where MasterCard is taken. Additionally, you have access to cash withdrawals from Higher One ATMs on campus. You can also use any non-Higher One ATM for a PIN based checking withdrawal, but be aware that fees apply.

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All deposits are subject to Higher One's funds availability policy.

Did you know you can write checks against the OneAccount? Since the OneAccount is a checking account, you have the option to order checks and use them in locations where credit based transactions aren't eligible. In this manner, you can use the OneAccount checking account to pay rent, utilities, or shop in locations which do not accept credit-based purchases. For more information on ordering checks, log into , select CUSTOMER SERVICE, and select ORDER CHECKS. Remember that this is a checking account, and you may only spend funds available in your account.

The OneAccount checking account provides an online statement which shows all transactions processed and pending for the current statement cycle. You can even quickly retrieve past statement cycles for the past twelve-month period using a simple drop-down menu. To view your Online Statement, log into , select ONEACCOUNT, and select ONEACCOUNT STATEMENT.

There are usual and customary fees associated with the OneAccount checking account:

  • If you open a OneAccount checking account, you may only spend money available in your account. Although rare, if you process a transaction that exceeds the amount you have available, you will be charged a $32.00 overdraft fee. Remember that this is a checking account. An unresolved overdraft situation may result in reporting to the ChexSystem and negatively affecting your credit.
  • If you use an ATM machine that is not a Higher One designated ATM machine, you will be assessed a fee by that specific institution in addition to a $1.50 per transaction fee charged by Higher One.
  • If you initiate a debit purchase by entering your PIN number instead of a signature based debit card transaction you will be assessed 50 cents per transaction. Even through the OneCard is not a credit card, you can select the credit network to avoid this fee.

Other fees which could apply include the following:

Effective as of August 15, 2006

Service Fee
Monthly Service Charge No Charge
Minimum Balance Charge No Minimum Balance
Check Writing No Fee
First Insufficient Funds Charge / First Uncollected
Funds Charge (rolling 12 months) $29.00
Insufficient Funds Charge After First /
Uncollected Funds Charge After First $35.00
Cash Advance Fee 2.9% ($5.00 minimum)
Stop Payment Fee $24.00
Return Deposit Item Fee $ 5.00
Electronic Statements (Standard/Default Choice)
Paper Statements (Optional Choice)
$ 3.00 per month
Copies of Checks $ 5.00 per item (first copy free)
Copies of Deposited Items $ 5.00 (first item free)
Copies of Statement $ 5.00
Research (One Hour Minimum) $25.00 per hour (first hour free)
Legal Services (One Hour Minimum) $50.00 per hour (first hour free)
Official Checks $10.00
Online Bill Payment Service
Outgoing Wire Transfer (Domestic) $25.00
Incoming Wire Transfer (Domestic) No Charge
Outgoing Wire Transfer (International) $50.00
Incoming Wire Transfer (International) Pass Thru
Higher One ATM Transaction FREE
Non-Higher One ATM Transaction Fee
(includes all withdrawals and inquiries)
$ 2.50
Declined Transaction at Non-Higher One ATM $ 1.50
Lost Card Replacement $21.00
PIN Based Transaction FREE
Delinquent Account Collection Fee $50.00
9-Month Inactivity Fee with Money in OneAccount $19.00 per month
(Inactivity fee charged after 9 months of no transactions. No fee on $0-balance accounts, and fee will not overdraw account.)

Abandoned Property Transfer Fee $50.00
Lack of Documentation Fee Up to $50.00


You can view the most up to date fee schedule online by logging in to your account at, clicking on Help from the top menu bar, then clicking on Disclosures and OneAccount fees.

Cardholders who use the OneAccount checking account are also eligible for Rewards through the OneRewards program. When shopping at participating merchants and paying using your OneAccount checking account as a credit-based purchase, you begin accumulating Reward Points, these points can be redeemed online for various merchandise! To see the list of OneReward Merchants, visit the OneRewards Information.

If you have questions about your OneAccount checking account balance or transactions, Higher One customer service is available toll free Monday-Friday from 8:00 AM to 8:00 PM Eastern at 877-PSU-PSU1 (877-778-7781). Additionally, PSU OneCard Services can provide advice and assistance Monday through Friday 8:00am to 5:00pm .