Simple Bank Is Closing

Re:Simple Bank Is Closing by brobinson on Thursday January 07, 2021 @05:02PM (#25678203)

They even refund international ATM fees which is awesome. If you're an investor, their margin rates are usurious, though.

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Re:Simple Bank Is Closing by cko on Friday January 08, 2021 @01:14AM (#25682050)

I think if you want favorable margin rates I'd still use Schwab for banking and M1 finance or IB for the stocks. M1 lets you use borrowed funds for whatever, at like 2% interest.

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Re:Simple Bank Is Closing by brobinson on Friday January 08, 2021 @02:30PM (#25689092)

Yeah, I use IB so I'm sub-1% now. IB also lets you simply withdraw more cash than you have in your account so you can use it for whatever.

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