BankSimple invites first customers; rebrands itself as Simple

Re:BankSimple invites first customers; rebrands itself as Si... by al3x on Tuesday November 08, 2011 @02:44PM (#3212430)

We've explained in our FAQ why we don't do this currently: https://www.simple.com/faq/

Basically, reimbursing ATM fees is an illusion. They charge you over here and reimburse you over there. No net win for most consumers, unfortunately.

[ Parent | on HN ]

Re:BankSimple invites first customers; rebrands itself as Si... by plusbryan on Tuesday November 08, 2011 @11:15PM (#3214228)

I'm curious about this - it's one of the reasons I love banking with Schwab. No fees for ATM use, even internationally. I rarely need cash, but when I do, it's really convenient that I can use any stinky old corner ATM.

I ask honestly: what illusion am I missing?

[ Parent | on HN ]

Re:BankSimple invites first customers; rebrands itself as Si... by parrispreston on Wednesday November 09, 2011 @02:41PM (#3217055)

Yeah, ditto to this. I have Schwab and I can go to any ATM and they reimburse me at the end of the month. No yearly, monthly, overdraft fees. nothing.

[ Parent | on HN ]