| Monthly Fee | $0 |
| APY (Annual Percentage Yield) | 0.01% |
| APY Minimum Balance | N/A |
Simple Account Review
Simple Account is offered by Simple, a bank founded in 2010 and based in Portland, OR. It is made possible by a bank partnership with BBVA USA. Simple Account is available in 50 states (and Washington, DC).
Are savings accounts from Simple federally insured?
Yes, your Simple savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
Does Simple offer a signup bonus?
Simple Account doesn't offer a signup bonus.
What is the minimum balance for Simple Account?
The minimum balance to open a Simple Account is $0.| Description | |
|---|---|
| APY Minimum Balance | N/A |
| Minimum Initial Deposit | $0 |
| Minimum Combined Balance to Avoid Monthly Fee | N/A |
| Minimum Required Balance | N/A |
| Minimum Direct Deposit to Avoid Monthly Fee | N/A |
| Minimum Balance to Avoid Monthly Fee | N/A |
What APY does Simple offer?
Simple Account offers an APY of 0.01% (APY stands for annual percentage yield, rates may change).
What features and perks does Simple Account offer?
This account includes the following features:
- Automatic savings - Set up an automatic transfer from your checking account to a savings account and you'll never have to second-guess your saving decisions again.
- Fraud monitoring - Simple Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
- Free Bill Pay - Bill Pay allows you to receive ebills directly to your account and pay them easily from your account.
- Nationwide ATM network - Withdraw money and check your balance from wherever you are.
- Automatic Savings
- Debit Card
- Debit Card Lock/Unlock
- Fraud Monitoring
- Fraud Protection
- Free Bill Pay
- Interest Bearing Account
- Mobile Banking
- Mobile Check Deposit
- Nationwide ATM Network
- No ATM Fees
- No Monthly Maintenance Fee
| Description | |
|---|---|
| Bank Account Features |
What fees does Simple Account charge?
Simple Account does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.
Contact
- Headquarters
-
PO Box 28462
Portland, OR 97228 - (888) 248-0632
- Visit Site
Other Services by Simple
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| Early Account Closure | $0 |
| Monthly Fee | $0 |
| Returned Deposit Fee (Domestic) | $0 |
| Wire Transfer Fee - Domestic (Incoming) | $0 |
| Wire Transfer Fee - International (Incoming) | $0 |
Be the first to rate
Would you recommend Simple Account to your friends?
Other Savings Accounts
5 Reviews
2 Reviews
- Adventure Credit Union Savings Account
- Alaska USA Federal Credit Union Premium Savings Account
- BB&T eSavings Account
- CapEd Federal Credit Union Share Savings Account
- Citi Accelerate Savings
- Consumers Credit Union Membership Share Savings Account
- Desert Financial Credit Union Membership Savings Account
- Digit Account
- ESL Federal Credit Union Simple Savings Account
- FNBO Direct Savings
- Lake Michigan Credit Union Member Savings Account
- Synovus Bank Signature Personal Savings Account
