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Declining Balance Accounts

Declining Balance Accounts

Declining balance accounts allow you to pay for on-campus services and now also for select off campus locations by using your Colonel 1 Card. Using a declining balance account is a convenient way to handle all transactions on campus and eliminate the need for carrying cash. Campus declining balance accounts are for on-campus use and at select participating off campus merchants and are separate from the BankMobile Vibe Account. Balances are non-transferable and non-refundable. To add money to one of these accounts log on to EKU GET Funds.

Colonel Cash is...

  • Tax exempt when used at campus retail locations
  • Balance carries from academic year to academic year (*Unused balances will be forfeited if no account activity has occurred in the past 12 months)
  • Used at the EKU Bookstore
  • EKU Dining Services Locations (Tax exempt on EKU Dining Services purchases)
  • Accepted at participating off campus locations*. Click here to see a list of merchants who have already joined the program. The list continues growing, so be sure to check back often. *Alcohol and tobacco purchases are prohibited.
  • Balances are non-transferable and non-refundable

Optional Flex is....

  • Tax exempt when used at campus retail locations
  • Receive a 5% bonus (meaning you invest $1 on optional flex and Aramark will award you an additional 5% leaving you with a balance of $1.05 to spend)
  • Balances carry from academic year to academic year (*Unused balances will be forfeited if no account activity has occurred in the past 12 months)
  • Used only at EKU Dining Services locations
  • Balances are non-transferable and non-refundable

Dining Dollars (Flex) is....

  • Attached to a pre-packaged meal plan
  • Tax exempt
  • Balances expire at the end of the spring semester

Note: Remaining "Dining Dollar" balances at the end of the fall semester will roll to the spring semester and will expire at the end of the spring semester. Any remaining balance at the end of the spring semester will be forfeited. Use it or lose it!

  • Non-refundable account
  • Used only at EKU Dining Services location
  • Meal Flex Dollars are available for use on the first day of classes
  • Balances are non-transferable and non-refundable
To deposit Colonel CA$H or Optional Flex simply log onto EKU GET Funds.

 

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