21–30 of 49 posts
Minor rant: I requested an invite and got one but they didn't have an Android app and thus wouldn't let me sign up. They were supposed to send out another invite once the Android app was available. I'm probably just being impatient but I am actually really interested in trying their service.
I get a few invitations every once and a while (have 3 currently) and would love to give them to people who would truly like to use this awesome bank.
For anyone looking for an invite to Simple, I've got three available. Shoot me an e-mail (in profile). I've been using Simple for the past 6 months and I've got to say I don't miss my brick and mortar bank one second. These guys are the perfect example of doing it right.
Just out of curiosity what's the big deal? I received an invite was reluctant to signup because there is an "inactivity fee". As far as I can tell it's just an online bank?
The inactivity fee takes a long time to kick in--we're talking a year of not posting any transactions to your account. Their customer support is very open about it.
I requested an invite in September; haven't heard from them since. What's the rollout pace right now?
I have a simple account and the simple app on my Android phone. It's top notch. And while I've run into an issue with them refusing to work with my paypal account (because the paypal account shows a business name and my simple bank account is a personal account) -- the tech support was at least friendly about it. So far I like what they are doing.
I am going to be in quite the conundrum when I get a Simple invite. On the one hand, I think what they're doing is awesome — for me, namely, the Safe-to-spend feature. I currently keep track of this in a not-so-accurate Excel spreadsheet and in my head. On the other hand, I currently use Perkstreet's debit card for everything and the 1% cash back adds up in a noticeably short period of time. I wonder if the 1% cash b…
Simple also don't offer any interest (nor a savings account) which grates a bit. Using Simple loses you money. It's not a "hidden fee", but it's a cost that isn't that clear. EDIT: There's also no outgoing ACH transfers yet, which I really would like.
I am going to be in quite the conundrum when I get a Simple invite. On the one hand, I think what they're doing is awesome — for me, namely, the Safe-to-spend feature. I currently keep track of this in a not-so-accurate Excel spreadsheet and in my head. On the other hand, I currently use Perkstreet's debit card for everything and the 1% cash back adds up in a noticeably short period of time. I wonder if the 1% cash b…
I've always felt ambiguous about such card features because ultimately the way those features work is by exploiting vendors via interchange and other membership/hardware/transaction fees. Vendors, in turn, have to stay in business so they pass the cost onto the consumer. In the short term with small populations using these types cards, it wasn't a problem. As more and more people use these features, more and more pre…
I am going to be in quite the conundrum when I get a Simple invite. On the one hand, I think what they're doing is awesome — for me, namely, the Safe-to-spend feature. I currently keep track of this in a not-so-accurate Excel spreadsheet and in my head. On the other hand, I currently use Perkstreet's debit card for everything and the 1% cash back adds up in a noticeably short period of time. I wonder if the 1% cash b…
Simple also don't offer any interest (nor a savings account) which grates a bit. Using Simple loses you money. It's not a "hidden fee", but it's a cost that isn't that clear. EDIT: There's also no outgoing ACH transfers yet, which I really would like.
Minor rant: I requested an invite and got one but they didn't have an Android app and thus wouldn't let me sign up. They were supposed to send out another invite once the Android app was available. I'm probably just being impatient but I am actually really interested in trying their service.
Do you want me to send you another invite? I have a bunch on my account, currently.
I am going to be in quite the conundrum when I get a Simple invite. On the one hand, I think what they're doing is awesome — for me, namely, the Safe-to-spend feature. I currently keep track of this in a not-so-accurate Excel spreadsheet and in my head. On the other hand, I currently use Perkstreet's debit card for everything and the 1% cash back adds up in a noticeably short period of time. I wonder if the 1% cash b…
If this is your game, you should consider making all purchases on a charge card that pays 1-5% on all purchases, the Costco Amex is the one I use.
And before someone interjects, if you're that guy, please spare me the "Well if you don't have the willpower..." or "I pay full balance every month..." arguments.