Bank, budget, and save with up to 2.15% APY

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Hi there, we're Simple

  • FDIC-insured
  • Earn up to 2.15% APY
  • Online checking account
  • Built-in budgeting and saving tools
  • Quick direct deposit set-up
  • No overdraft fees
  • Instant push notifications for every swipe
  • Over 40,000 totally-free ATMs

How to earn up to 2.15% APY

Once your Simple Checking or Shared Account is open…open a Savings Goal (which lives inside a Protected Goals Account). Any balance in a Protected Goals Account under $10,000 will earn 2.02% APY, and balances $10,000 and above will earn 2.15%.

At Simple we always have your interest(s) in mind

Some things in life take a little longer to save for, but are no less important to feeling confident with your money. Whether you’re squirreling money away for an emergency fund, a wedding, or a college fund, a Savings Goal makes it easier. Everything you save lives close by in a separate account, so you won’t accidentally spend it. Learn more about Simple Protected Goals.

Shared accounts are twice as nice

When you and your partner open a Shared Savings Goal, your financial superpowers combine and give you another chance to save towards your goals and earn up to 2.15% APY, together.

In just a few clicks, you can be on your way to earning up to 2.15% APY on a Savings Goal. Get started today!



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Shared savings goal piggy bank

Like a bank, but Simple

Banking shouldn’t be complicated. Or unfriendly. We don’t profit from customer confusion. We wake up every day excited to help our customers feel more confident with their money.

The finest print: The rates are effective as of October 1, 2019, are variable and subject to change after the account is opened. Accounts subject to approval. Balances in your Simple Account earn 0.01% Annual Percentage Yield. In order to open a Protected Goals Account, you must already have a Simple Account open. For the Protected Goals Account, see the rates below.

Daily Collected Balances

This means that we use the account’s
end of day balance to calculate the interest earned that day.
APY
$0.01 to $1,999.99 2.02%
$2,000 to $4,999.99 2.02%
$5,000 to $9,999.99 2.02%
$10,000 to $14,999.99 2.15%
$15,000 to $19,999.99 2.15%
$20,000 and above 2.15%

1 Check it out for yourself (based on the September 30, 2019 National Rate): https://www.fdic.gov/regulations/resources/rates/