Secure online bankingThe technology supports automated budgeting of expenses and shared accounts. You can create goals for engaging with saving and allocate funds that are safe to spend for confident purchases. Besides, clients get the convenience of an integrated scanner for depositing checks, external account linking and instant transfers to other Simple customers. Your money is safe with this banking utility. The lost or stolen debit cards are instantly blocked from the app. Funds of clients are insured up to the legal limit by the federal deposit insurance corporation. It is worth mentioning that this financial institution is no longer opening new accounts. All the existing contracts are to be transferred to BBVA USA in 2021. There is a modern monetary tool with similar functionality called Chime. Besides, the service has no hidden fees, no foreign transaction costs and no monthly subscriptions.
- automatic tracking of expenses and budget assignment;
- instant transfers between accounts of internal clients of the bank;
- the app is free to download;
- compatible with current Android versions.
Simple Finance Technology Corp.