The end of Simple Bank is near. All Simple accounts officially transfer to BBVA on May 8, 2021. Reddit users are already complaining about the fees BBVA is charging. For those looking for options, here are the best Simple Bank alternatives.
4 Alternatives to Simple Bank
One of the first banking alternatives, Chime offers excellent features, rates and a highly rated mobile app.
- Get paid up to 2 days early with direct deposit
- Track your account balances and daily transactions with the Chime mobile app
- Get daily balance notifications and instant transaction alerts
- Send money instantly to friends
- Chime Visa® Debit Card
- 0.50% APY
- No monthly fees.
- No minimum balance requirements.
- 38,000+ fee-free MoneyPass® and Visa® Plus Alliance ATMs.
- Earn up to 1.20% bonus on checking
- Earn up to 5% cash back
- No monthly fees on basic account
- No ATM fees
- No overdraft fees
- No minimum balance requirements
For those looking to do good in the world, Aspiration is the answer. In addition to a signup bonus, excellent interest rate, and easy to use app, it plants a tree with every round-up you save.
- Unlimited fee-free ATM withdrawals at Allpoint ATMs
- Up to 10% cash back on debit card purchases
- Deposits are fossil fuel-free
- Plant a tree with every roundup
- Up to 1.00% APY
- Earn a $100 bonus when you spend $1,000 (see details here).
With Varo Bank, you can earn one of the highest interest rates available.
- No hidden fees
- Early direct deposit
- Automate your savings
- Earn industry-leading interest rates
If you still haven’t found what you are looking for as you shop for Simple Bank options, check out our list of the best online banks.