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Comment by ghotli | Hacker News Reader

Eh, I for one have been talking about it. I hate banks and bank apps and things that only work with mint some of the time. If they solve this problem I'll be a happy man and I'll tell everyone I know. I don't care if this is just self serving PR. Here's hoping I'm pleased with the product and that they get the hype / exposure needed to become profitable.

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Doesn't it say on their site that they aren't really a bank, but just a simple... umbrella for other banks? I think they are just supposed to provide front-end tools for big banks so users don't have to deal with the banks. I'd rather it be a all-in-one bank.

I'd much rather it be what it is..But that's a case of its incentives.

Banks don't necessarily have the incentives of being any more user friendly than fits the needs to attract and keep customers, and they can use, to some degree, lockin and acquisitions to do that job. Bank Simple, on the other hand, doesn't make money from anything but attracting savings and checking customers, which is the service i want from it, and as that's its only profit stream, its likely to work pretty hard to keep us happy...by doing the work of securing the best banks to work with, rather than leaving that work to me.

And if they don't secure the bank I'm with?

You might want to try USAA's bank rather than waiting around then. They have had an option to deposit a check with your iPhone for almost two years (out much before Chase had theirs), have consistently scored high in customer satisfaction, and have been mentioned in several places as having some of the lowest fees around. FWIW...

I'm a USAA customer and unless you have ties to the military, you can't use the iPhone check cashing service. USAA is quite great (debit card points, ATM fee kickbacks, interest on checking balance), but I'm still very much looking forward to BankSimple, mostly for the iPhone check cashing and Mint-style finance tracking.

USAA doesn't let me put in future transactions such as bills, savings for vacations, etc, which puts me back into using some finance app to track that (which sucks).

Except their mobile deposit option requires you to be a member of the military or a qualifying family member, so for the general population, the feature might as well not exist.

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