BankSimple: We have cards

#1

Post by timf » Fri, May 20, 2011, 4:37 PM UTC

BankSimple: We have cards
banksimple.com

Re: BankSimple: We have cards

#2

Post by Aloisius » Fri, May 20, 2011, 4:58 PM UTC

Can someone please tell me the benefits of BankSimple over all the other online banks or your local credit union? I'm afraid I don't get it.

Re: BankSimple: We have cards

#3

Post by olivercameron » Fri, May 20, 2011, 5:02 PM UTC

Aloisius wrote: post #2

Can someone please tell me the benefits of BankSimple over all the other online banks or your local credit union? I'm afraid I don't get it.

They list all the advantages here: https://banksimple.com/#vision

In short, no surprise fee's and simple online banking (with extensive mobile support).

Re: BankSimple: We have cards

#4

Post by olivercameron » Fri, May 20, 2011, 5:03 PM UTC

If any industry was waiting for a startup to come along and revolutionize it, it's the banking industry.

Re: BankSimple: We have cards

#5

Post by strlen » Fri, May 20, 2011, 5:07 PM UTC

The use of the phrase leaning into it is highly appreciated.

Re: BankSimple: We have cards

#6

Post by RexRollman » Fri, May 20, 2011, 5:07 PM UTC

BankSimple sound interesting but they will have to be offering something really awesome for me to even remotely consider doing business with a commercial bank ever again. (There days, I only deal with credit unions.)

Re: BankSimple: We have cards

#7

Post by dublinclontarf » Fri, May 20, 2011, 5:07 PM UTC

olivercameron wrote: post #4

If any industry was waiting for a startup to come along and revolutionize it, it's the banking industry.

That's already happened you didn't notice (yet), it's called bitcoin.

Re: BankSimple: We have cards

#8

Post by truthseeker » Fri, May 20, 2011, 5:07 PM UTC

I am surprised that so many people are willing to open a bank account with someone you've never heard of. I couldn't even find if they are FDIC insured.

I know several friends who wouldn't use mint.com. For them, it is a single point of failure. You can explain all the technical details you want but there is no way to get past their fears.

When shit hits the fan, you can expect the US govt. to bail out Bank Of America. SimpleBank? I am not so sure.

Re: BankSimple: We have cards

#9

Post by steve_b » Fri, May 20, 2011, 5:08 PM UTC

I've always wondered why after winning something (or in this case, getting 50k sign ups), people say "I'm humbled." I think the truth would be the opposite: "Wow, looks like I'm pretty awesome after all."

Re: BankSimple: We have cards

#10

Post by known » Fri, May 20, 2011, 5:10 PM UTC

Aloisius wrote: post #2

Can someone please tell me the benefits of BankSimple over all the other online banks or your local credit union? I'm afraid I don't get it.

https://banksimple.com/faq/ gives their USP