The Simple App: A New Way to Save on Bank Fees

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Simple App for bankingDo away with bank fees. Use the Simple App.

A lot of people are becoming more and more frustrated with
traditional banking. Why does it have to be so complicated? And why should
account holders be charged with a myriad of fees? If you are fed up with the
way big banks are doing business, then you should definitely consider using the
Simple App.

Getting to Know the
Simple App

The Simple App (formerly BankSimple) is basically an alternative bank account which aims to
provide the kind of banking experience customers want. It seeks to provide
people with a more humanized approach to banking by eliminating a number of
fees most big banks charge their customers.

By using the Simple app, you can have all the tools you need
to manage
your personal finances
without sweating it out. As such, you can start making
smarter spending and saving choices, and manage
your money more effectively
.

Aside from offering a free checking account, Simple has no
minimum balance requirement and does not charge any overdraft fees. The company
has also partnered with Allpoint, an interbank network based in the US which
connects ATMs in all 50 states, to offer surcharge-free access to its national
network of ATMs. On top of all these, the company also offers the following
products and services:

·        
Safe-To-Spend
Feature.
With this feature, the system will take your account balance and
automatically subtract any upcoming bill payments, pending transactions, and
any goals you have been saving for. As such, you will instantly know how much
you can actually spend.

·        
Photo
Deposit.
If your employer doesn’t offer direct deposits, you can simply
take photos of the front and back of the check using the deposit option within
the Simple app and submit them. It’s really that simple.

·        
Block
Card.
You can easily block and unblock your VISA Debit card using your
Simple app if you accidentally lose your wallet or purse.

·        
Financial
Goal Setting.
Simple allows members to set up a goal they want to achieve
within a certain period of time and build their spending availability based on
the data provided.

The funds in your Simple account are held by FDIC-insured
Bancorp so you can be sure that your money is safe at all times. In addition,
the Simple app guarantees ease of use. This makes budgeting
and saving a lot of fun.