Simple

Based in Portland, Oregon, Simple is a neobank, i.e. a bank operating fully online, without traditional physical branches. Founded in 2009, Simple offers quite a seamless banking experience through its online platform, providing easy-to-use budgeting and savings tools.

In partnership with BBVA USA, Simple has a line of FDIC-insured bank accounts, including several types of checking accounts, to meet the needs of different kind of customers, while maintaining their overall almost-fee-free checking account offer quite competitive, especially based on the traditional brick-and-mortar banks' banking deals. With free ATM access to over 40,000 Allpoint® ATMs, and all those advanced digital banking tools, Simple checking accounts could easily be called "no-brainers".

Furthermore, people can also apply for a personal loan or open a no-penalty certificate of deposit with Simple. Savings accounts aren't yet an option, although, as mentioned, a range of budgeting tools is developed to help people make better financial decisions, and achieve their financial goals more quickly and easily.

Currently only available to U.S. residents aged 18+, Simple checking accounts are:

• Free Online Checking Account,
• High-Yield Checking Account,
• Simple Shared Checking Account.

Simple's checking accounts include a Simple Visa® Debit card, mobile check deposits, third-party payment service integration, as well as the abovementioned budgeting features, such as Expenses, Goals, and Safe-to-Spend®.

Additionally, Simple accounts don't have any monthly maintenance, overdraft, incoming wire transfer, stop payment request or dormant or closed account fees.