I had Simple bank back when it was new on the scene and kept it for a number of years.
As a homeowner it was annoying at times, I remember paying taxes and tags for vehicles was a problem because Simple didn't want to work with government entities so ever year I'd have a hassle of using another bank to do that. The limits on money spend was also a problem, I remember getting a new HVAC system in the house and having to split payment over two different days. Rather embarrassing for me to the installer voicing concerns, annoying that I can't spend my own money when I obviously have it. Finally lack of paper checks you wouldn't think would be a problem these days but a couple times of year it still came up and I was forced to use another bank and transfer funds.
It was an interesting experiment but after I moved to USAA (or any other real bank) in comparison all my troubles just disappeared.
As a homeowner it was annoying at times, I remember paying taxes and tags for vehicles was a problem because Simple didn't want to work with government entities so ever year I'd have a hassle of using another bank to do that. The limits on money spend was also a problem, I remember getting a new HVAC system in the house and having to split payment over two different days. Rather embarrassing for me to the installer voicing concerns, annoying that I can't spend my own money when I obviously have it. Finally lack of paper checks you wouldn't think would be a problem these days but a couple times of year it still came up and I was forced to use another bank and transfer funds.
It was an interesting experiment but after I moved to USAA (or any other real bank) in comparison all my troubles just disappeared.