- Editor Rating
- Rated 4 stars
- Excellent
- Simple Bank Promotions
- Reviewed by:
- Published on:
- Last modified:
- Popularity
- Value
Contents
Update: We’ve received communication regarding Simple accounts:
“BBVA USA has made the strategic decision to close Simple. There is no immediate impact to your accounts at Simple and nothing you need to do at this time. Since your deposits are already housed at BBVA USA, they will remain in FDIC insured accounts there, up to the applicable limits. In the future, your Simple account will become exclusively serviced by BBVA USA, but until then you can continue to access your account and your money through the Simple app or online at simple.com. You will receive additional information in the near future about the transition of your account servicing to BBVA USA.“
Simple Bank, an FDIC-insured checking account backed by their partner bank BBVA, is a mobile-only bank account that is available for Android and iOS devices. Because of it’s unique nature and lack of fees, we’ve included it on our list of the best free Checking accounts.
They do not have any physical branch locations to serve customers and their headquarters is located at 1615 SE 3rd Ave #200 – Portland, OR 97214.
For more current offers, see our bank bonuses page. Popular offers can be had from banks like Chase Bank, HSBC Bank, TD Bank, Bank of America, and many more.
Simple Bank Referral Award Offer
*Update: looks like there’s currently no incentive for using a referral link. Check our link below.
- Apply for a new Simple Account by August 31 using the Apply button on the referral page
- Once you’re approved, add funds to your new Simple Account
- Make a purchase with your shiny new Simple Visa® Debit card (within 30 days of opening your account)
- Then they’ll put a cool leather wallet in the mail for each of us as a way of saying thanks for sharing the Simple love.
- You can check out the complete terms and conditions on the offer page.
[Expired] Simple Bank $200/$400 Bonus Offer
- What you’ll get: $200/$400
- Where it’s available: Nationwide
- How to earn it:
- Earn $200
- Apply for a new Simple Account by 3/15/2020 4:59 PM PT.
- Deposit(s) totaling $10,000 or more must post to the new Account by 15 calendar days after enrollment 4:59 PM PT.
- Maintain a balance of at least $10,000 through 5/31/2020 4:59 PM PT.
- Earn $400
- Apply for a new Simple Account by 3/15/2020 4:59 PM PT.
- Deposit(s) totaling $20,000 or more must post to the new Account by 15 calendar days after enrollment 4:59 PM PT.
- Maintain a balance of at least $20,000 through 5/31/2020 4:59 PM PT.
- Earn $200
- When it expires: 3/15/2020
How To Earn The Bonus
- Earn $200
- Apply for a new Simple Account by 3/15/2020 4:59 PM PT.
- Deposit(s) totaling $10,000 or more must post to the new Account by 15 calendar days after enrollment 4:59 PM PT.
- Maintain a balance of at least $10,000 through 5/31/2020 4:59 PM PT.
- Earn $400
- Apply for a new Simple Account by 3/15/2020 4:59 PM PT.
- Deposit(s) totaling $20,000 or more must post to the new Account by 15 calendar days after enrollment 4:59 PM PT.
- Maintain a balance of at least $20,000 through 5/31/2020 4:59 PM PT.
- Visa® Debit Card
- Deposits are FDIC insured
- Built-in budgeting and saving tools
- No Monthly Fees
- Instant transfers to other Simple customers
- Third-party payment services like Square, Venmo, and Paypal
- Block your card online if it’s been lost or stolen
No monthly fees with Simple Bank.
- Accounts must be open and in good standing with a balance greater than or equal to $0.00 at the time of the bonus credit.
- Maximum of one (1) $400 bonus OR one (1) $200 bonus per customer.
- BBVA USA may report the value of the bonus to the IRS as required by law. Any client whose tax status would require BBVA USA to impose tax withholding of any sort will not be eligible for this bonus.
- Offer may be modified or withdrawn without notice.
- Balances in Shared Accounts and Shared Protected Goals Accounts are excluded from the combined balance calculation.
- Simple employees are ineligible for this promotion.
Bottom Line
This bonus has been simplified and is worth considering. The funds earn a competitive rate. Compare this offer with the best bank bonuses here.
| OFFER LINK | OFFER | OUR REVIEW |
| Chase Business Complete Banking℠ | $300 Cash | Review |
| Chase Total Checking® | $200 Cash | Review |
| Bank of America Checking | $100 Offer | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience Checking℠ | $150 Cash | Review |
| HSBC Premier Checking | $450 Cash | Review |
| HSBC Premier Checking | Up To $600 | Review |
| HSBC Advance Checking | $200 Cash | Review |
| HSBC Advance Checking | Up To $240 | Review |
| Aspiration Checking | $100 Cash | Review |
| Ally Invest | Up To $3,500 | Review |
| TradeStation | $100 Cash | Review |
![Capital One Promotions: $100, $250, $400, $450, $500 Bonuses & $1,000 In Referrals [Nationwide]](https://i0.wp.com/www.moneysmylife.com/wp-content/uploads/2016/02/Capital-One-360.jpg?fit=750%2C420&ssl=1&resize=40%2C40){kind=small}
Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.