at Simple,

Deposits are FDIC Insured

Pros

No monthly maintenance fees or minimum balances.
About 40,000 domestic ATMs available.
No overdraft fees.
Up to 2.15% APY on protected goals balances.

Cons

No way to deposit cash directly.
No bill-pay feature.

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Overall

4.5

Simple offers free, online checking and savings accounts designed to be used mostly on your smartphone. It comes with a Visa debit card and a handful of first-rate mobile banking tools. It’s a good bet for those who want to avoid fees and overdrafts and want to bank primarily over an app.

 

Ratings methodology | Updated July 25, 2019

Checking

4.5

Simple offers a free checking account with mobile budgeting tools — but no way to deposit cash directly. The mobile app keeps a running tally of how much money is "safe to spend" after accounting for scheduled bills, savings and transfers, and it lets you save up for monthly bills and other expenses with each paycheck. And it’s not all about online — you can still order checks.

 

» Compare your options with NerdWallet’s best online checking

Checking & Budgeting
APY
2.15%
Monthly fee
$0
Balance to waive monthly fee
$0

at Simple,

Deposits are FDIC Insured

How does Simple compare?

Simple

Checking & Budgeting

NerdWallet Rating

at Simple

APY

2.15%

Monthly Fees

$0

Bonus features

No overdraft/NSF fees

No Monthly Fee

10,000+ ATMs

Radius Bank

Rewards Checking

NerdWallet Rating

at Radius Bank,

Member, FDIC

APY

1.00%

Monthly Fees

$0

Bonus features

No Monthly Fee

Chime

Spending Account

NerdWallet Rating

at Chime,

Member, FDIC

APY

N/A

Monthly Fees

$0

Bonus features

No Monthly Fee

No overdraft/NSF fees

10,000+ ATMs

Not for you? Read more bank reviews
NerdWallet reviews are the result of independent research by our editorial team while accountholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.
Overall
Customer service
Fair
Website / app
Fair
Rates
Fair
Fees
Fair
Simple sucks!!!!
I have been trying to get a replacement card for over a couple months, they won't except my ID as proof of residence and confirmation of my identity. They wanted a picture of me holding my ID in front of my current address... I was in a homeless shelter and couldn't do this. Now I'm in BRAZIL and they still are asking for proof so they can close my account, stupid!!! So I told them to keep the.98 cent's and don't bother me anymore. Deleted the app.
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
Chime sucks!!!!!
I've had chime bank with direct deposit for about 9 months now, chime sucks, always having technical issues, like right now can't see my balance or use my card for purchases or withdraw, I'm done with chime, you absolutely are worthless I will never use the card or app again after I get my money off of it, chime should be sued for thier lack of professionalism, and hokding people's money, it's flat out ridiculous!!!!!
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