About a year ago, I found out that a company was starting a “branchless bank” called Simple. Just like their name, Simple Finance has rolled out what may be the most easy-to-use, logical way to do online banking. One might venture to say they got it right, I’d say they nailed it!
Right now, Simple is only accepting registrations to get onto a waiting list – and let me tell you, the wait was worth it. After finally ‘getting in’ – I set up my account, transferred in $100.00 to test it and found out just what makes Simple absolutely amazing.
As you can see from the dashboard above – from one place, you can see how much money is available in your Safe to Spend balance, what your latest activity is, and where you’ve been shopping. If you have a question about a transaction, contacting support is only a click away, and simple to use. Clicking the graph symbol in your top bar brings up a quick overview of your account, comparing your balance to spend quickly and effortlessly.
Goals are an AWESOME feature. It automatically moves money from your Safe to Spend balance into a category saving for your goal. Say you needed $500 in five months, Simple will automatically pull $4 from my Safe to Spend balance every day until it hits that goal.
If you haven’t looked at Simple – you need to. Joint accounts are coming soon (which will work GREAT for my wife and I), and I hear automated pulls from other bank accounts are on their way too. I love using Simple so much, I had to write a quick review of it – nobody at Simple or their associates have contacted me asking to write this article.
President of @tinypint and UI/UX Designer | Avid cyclist, geek, fan of beautiful hardware and I make made-to-order leather wallets @grwalletco