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Former Simple Customers Undergo Rough Transition to BBVA

Former Simple Customers Undergo Rough Transition to BBVA
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5 of the best alternatives to Simple's online banking service


Image: Simple
After many years in operation, the popular online banking service Simple is shutting down. Though customers were informed that their accounts would stay intact and be transferred to Simple’s parent company, people started looking for alternative services. If that’s you, here are the five best alternatives to Simple’s online banking service.
Image: BBVA
First and foremost, there’s the option of not looking for an alternative and just sticking with your current Simple account. Every customer with a Simple account will be able to keep it as the company will transfer it to Simple’s parent company BBVA. If you decide to stick with this option, you won’t have to go through the tedious process of finding an alternative and setting up an entirely new account. That is if you were a Simple client in the first place. ....

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Losing Your Simple Account? Some Alternatives Worth a Look - Business - Monroe News - Monroe, Michigan


 
Tuesday
Jan 12, 2021 at 2:40 PM
The Jan. 7 announcement that online banking service Simple would be shutting down led some customers to express dismay on social media over losing beloved app features. The closure means
The Jan. 7 announcement that online banking service Simple would be shutting down led some customers to express dismay on social media over losing beloved app features. The closure means that sometime in the near future, Simple accounts will be transitioned to accounts at BBVA USA, the bank which held customer deposits behind the scenes for Simple.
Though BBVA has been Simple s parent for some time, the bank currently doesn t have the same Safe-to-Spend and Goals features that Simple offered indeed, the features are fairly unique even among other so-called challenger banks. And Simple s customers are lamenting the loss. ....

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