Aug 23, 2014, 4:03 pm
Last edit by: MasterCharge
https://simple.com/
It’s Simple
Use the Simple card for all your purchases. See transactions appear in your account in seconds.
Pay Anyone
The fastest, most intuitive way to pay your friends and pay your bills–by check or electronic funds transfer.
Get Cash
Welcome to the largest no-fee ATM network, Allpoint®.
See limits, terms, etc.
https://simple.com/policies/bancorp-account-agreement/
Fees (Rivals Bluebird)
https://simple.com/policies/schedule-of-fees/
Shutdowns
Yes see post 137, 287
It’s Simple
Use the Simple card for all your purchases. See transactions appear in your account in seconds.
Pay Anyone
The fastest, most intuitive way to pay your friends and pay your bills–by check or electronic funds transfer.
Get Cash
Welcome to the largest no-fee ATM network, Allpoint®.
See limits, terms, etc.
https://simple.com/policies/bancorp-account-agreement/
...These limits are $3,000 per check ($2,000 first 30 days) with a daily maximum of $5,000 and no more than 5 per day. There can be no more than 10 checks per week with a total of $25,000, or 15 checks not to exceed $75,000. Limits may be changed based on the length of time the account is opened and account activity.
https://simple.com/policies/schedule-of-fees/
Shutdowns
Yes see post 137, 287
Simple: The next pre-paid to rival Bluebird?
Mar 12, 2014, 8:06 pm
#151
Join Date: Oct 2013
Location: WAS
Programs: SPG Plat. Marriott Plat. Hilton Diamond. Hyatt Diamond. IHG Plat.
Posts: 2,580
I told them I would like to cancel my account because the amount of accounts closed for high deposit (yet under limit) money orders and she didn't know what I was talking about...
She said she was surprised I am choosing to close my account after referring 40+ individuals. (Thanks FT!)
I don't know what's next for Simple.... I don't know if I want to be a part of it either.... I don't know what to think about their front line being so far from the back.
She said she was surprised I am choosing to close my account after referring 40+ individuals. (Thanks FT!)
I don't know what's next for Simple.... I don't know if I want to be a part of it either.... I don't know what to think about their front line being so far from the back.
Mar 13, 2014, 6:31 pm
#152
Join Date: Nov 2011
Posts: 1,944
Just got:
While we complete our investigation we would request that you no longer deposit large money orders into to your Simple Account. Personal and business checks are acceptable.
Per the account agreement, our accounts are limited to personal use only. The deposit of money orders into your account has jeopardized your account status with Simple and your account will be closed if this activity continues.
Thank you,
I asked them to close it.
While we complete our investigation we would request that you no longer deposit large money orders into to your Simple Account. Personal and business checks are acceptable.
Per the account agreement, our accounts are limited to personal use only. The deposit of money orders into your account has jeopardized your account status with Simple and your account will be closed if this activity continues.
Thank you,
I asked them to close it.
Mar 13, 2014, 6:58 pm
#154
Join Date: Sep 2013
Location: Warm, sunny Florida
Posts: 251
Just got:
While we complete our investigation we would request that you no longer deposit large money orders into to your Simple Account. Personal and business checks are acceptable.
Per the account agreement, our accounts are limited to personal use only. The deposit of money orders into your account has jeopardized your account status with Simple and your account will be closed if this activity continues.
Thank you,
I asked them to close it.
While we complete our investigation we would request that you no longer deposit large money orders into to your Simple Account. Personal and business checks are acceptable.
Per the account agreement, our accounts are limited to personal use only. The deposit of money orders into your account has jeopardized your account status with Simple and your account will be closed if this activity continues.
Thank you,
I asked them to close it.
Mar 13, 2014, 7:56 pm
#159
Join Date: May 2013
Posts: 939
Mar 13, 2014, 7:56 pm
#160
Join Date: Oct 2013
Location: WAS
Programs: SPG Plat. Marriott Plat. Hilton Diamond. Hyatt Diamond. IHG Plat.
Posts: 2,580
They require the same documents if you look to change your account in their settings.
Mar 13, 2014, 9:26 pm
#161
Join Date: May 2012
Posts: 150
Anyone been able to move money out once they put lock on it? I was (officially) shut down a few days ago and was told a check with the rest of my funds would be sent "In a couple weeks." Not able to do anything other than wait even though my current "safe to spend" still is accurate.
Mar 13, 2014, 9:34 pm
#162
Join Date: May 2013
Posts: 939
Anyone been able to move money out once they put lock on it? I was (officially) shut down a few days ago and was told a check with the rest of my funds would be sent "In a couple weeks." Not able to do anything other than wait even though my current "safe to spend" still is accurate.
Ha, JK fella.
Just wait them out. I'm pretty sure you'll get your check without the usual Bancorp BS. Pretty disappointed by this bank service though.
Did I read correctly that they were bought out? Maybe it's worth putting this service on ice a few weeks/months (rather than preemptively) to see how the new overseers react to out MO deposits.
Mar 14, 2014, 12:03 am
#163
Join Date: Jun 2013
Location: ORD
Posts: 220
Pretty fast. It was credited to my BC overnight. I'd think they are using standard clearing system as other banks.
Mar 14, 2014, 6:27 am
#165
Join Date: Mar 2007
Location: Midwest U.S.A
Programs: Too many to list. Since the early 90's.
Posts: 1,407
Those of you getting the smack down because you are depositing money orders within their limits; how large were your deposits, how many would you deposit in a month and did you do any other kind of banking with them? It still amazes me that Simple promotes that they accept money orders for deposit (since there's not many other ways to deposit cash into an online bank account is there?), and yet crucify those who use money orders to make deposits. If an online bank doesn't like money order deposits in a certain number or value them spell it out in their marketing and rules to potential customers. It's so simple.