Checking out the startup you work for - seems like it offers the same services as Simple, but charges a monthly fee.
Is there something I'm missing that's different? Only thing I can tell is that Bee allows two free ATM withdrawals a month.
Is there something I'm missing that's different? Only thing I can tell is that Bee allows two free ATM withdrawals a month.
Bee makes it (nearly) impossible to put the account into a negative balance, and has no concept of an overdraft fee.
Another big win is mobile check deposit. Customers can deposit checks with instant availability for a 1% fee or use standard clearing for free; this is substantially cheaper than check cashers.
Simple has ATMs you can use for free which are pretty common which covers that and also has no overdraft fees (or concept of overdraft really).
Simple has no monthly fee though which is a point in its favor - it also lets you do most of the same thing (lock cards, mail a check etc.).