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BankSimple: We have cards

banksimple.com

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Re: BankSimple: We have cards

#111

Post by pyre »

pavel_lishin wrote: post #73
mahyarm wrote: post #49

Earlier quoted context omitted.

In the US (and the UK I believe), debit card transactions are done through mastercard/visa and can incur similar fees. You can also type your debit card number on online purchases and it will work correctly, vs. interac where that doesn't work. Interac is very nice for retailers in canada since it's just one flat .25 fee for any transaction, just limited by your daily card limit.

I thought that fees and such were only incurred when you ran your debit card as a credit card transaction, with signing your name and such - I was under the impression that using your PIN number and using it as debit didn't incur those costs.

No. Running as debit (w/ PIN) still incurs fees, though they are usually less than the credit card fees. If you gave a merchant a debit card and gave them the choice of running it 'as a debit' or 'as a credit' card, they would choose debit.

Re: BankSimple: We have cards

#112

Post by oofabz »

What's the big deal about BankSimple? They look about the same as most credit unions. My credit union has a good website & iPhone app, and doesn't charge hidden fees. They pay interest on my checking account.

Re: BankSimple: We have cards

#113

Post by dusklight »

al3x wrote: post #93
newman314 wrote: post #55

Earlier quoted context omitted.

Anyone know the reason why? I'm not asking because the popcorn factor but rather to understand if there's something fundamentally broken about the concept & company.

I'm the CTO of BankSimple. I can confidently say that there's nothing fundamentally broken about the concept or company. BankSimple wasn't the right place for Dave, but he's a brilliant programmer – seriously, one of the best I've ever worked with – who will end up doing great things no matter where he ends up. I'm really grateful that we got a chance to work with him. To be clear: this is not the easiest business in…

Errr ... can you explain the reasoning behind your reply? Did you feel that the average reader would not be intelligent enough to notice that you did not actually answer the question? (why did Dave quit/was fired).

If anything your post has gotten me to trust your service significantly less, because it looks like you think you can get away with duping potential customers with some polite doublespeak.

Can you explain how it is you are being open when you did not in fact answer the question?

Re: BankSimple: We have cards

#114

Post by purephase »

KirinDave wrote: post #100
paulitex wrote: post #84

Earlier quoted context omitted.

FWIW, it certainly doesn't sound like it was for a better offer. He's actually on the market right now: http://twitter.com/#!/KirinDave/status/70222704883662848 http://twitter.com/#!/KirinDave/status/70221497888808960

It is flattering to be under such scrutiny. I feel as if the slightest motion of my fingertips could send startups spinning into chaos. Would my medical records and long-form birth certificate be of any use? My cancer history might change how you want to invest your money.

No offense, but you come off as a bit of jerk in this whole thread. I think that speaks more than the supposed drama of your departure.

Re: BankSimple: We have cards

#116

Post by foobarbazetc »

meterplech wrote: post #43

This is very intelligently done. I'm glad they are releasing the cards to just a small set of people first to check that everything works. People are very wary of any issues with their money/with their bank and absolutely any problem at the beginning would seriously hurt user adoption. Start slow and make sure it works.

How is this "intelligent" and not obvious, common sense before you roll out a bank?

Re: BankSimple: We have cards

#117

Post by thinkcomp »

foobarbazetc wrote: post #116
meterplech wrote: post #43

This is very intelligently done. I'm glad they are releasing the cards to just a small set of people first to check that everything works. People are very wary of any issues with their money/with their bank and absolutely any problem at the beginning would seriously hurt user adoption. Start slow and make sure it works.

How is this "intelligent" and not obvious, common sense before you roll out a bank ?

But I thought BankSimple wasn't a bank, despite the confusing name.

Re: BankSimple: We have cards

#118

Post by KirinDave »

purephase wrote: post #114
KirinDave wrote: post #100

Earlier quoted context omitted.

It is flattering to be under such scrutiny. I feel as if the slightest motion of my fingertips could send startups spinning into chaos. Would my medical records and long-form birth certificate be of any use? My cancer history might change how you want to invest your money.

No offense, but you come off as a bit of jerk in this whole thread. I think that speaks more than the supposed drama of your departure.

Point taken. The next time people try to misattribute subtexts to my tweets to drum up drama, I will try to stay out if the way. Even if that drama might have a negative effect on my career and relationships, I will remain silent.

Re: BankSimple: We have cards

#119

Post by tptacek »

purephase wrote: post #114
KirinDave wrote: post #100

Earlier quoted context omitted.

It is flattering to be under such scrutiny. I feel as if the slightest motion of my fingertips could send startups spinning into chaos. Would my medical records and long-form birth certificate be of any use? My cancer history might change how you want to invest your money.

No offense, but you come off as a bit of jerk in this whole thread. I think that speaks more than the supposed drama of your departure.

What the fuck are you talking about? No he doesn't. He hasn't cursed once in the whole thread, even though it's attempt to turn a story about Banksimple issuing cards into a conversation about the drama of his departure from the company.

Jiminy. There are people coming off as jerks on this thread. Dave isn't one of them. I might be, but if so, I'm far from the only one.

This intense urge to turn every goddam thread into some soap opera --- no, I got that wrong, some lucha libre backstory --- is one of our worst habits, and the people who give a shit about HN discussions need to start calling it out.

This topic you want to talk about is none of your fucking business.

Re: BankSimple: We have cards

#120

Post by palish »

thinkcomp wrote: post #117
foobarbazetc wrote: post #116

Earlier quoted context omitted.

How is this "intelligent" and not obvious, common sense before you roll out a bank ?

But I thought BankSimple wasn't a bank, despite the confusing name.

"BankSimple: Personal banking from a company that respects you."

That's not a bank?

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