Build an Emergency Fund & Earn 30x1 The National Average with 2.02% APY

Broken phones don't have to break the bank. Be prepared with a Simple Emergency Fund.

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Create Your Own Emergency Fund

Part of feeling confident with your money is knowing you can weather unexpected storms when they show up. However, saving up for that moment can be pretty hard. In fact, a recent report suggested that over half of Americans don’t even have $1,0002 in savings. If you’re one of those Americans struggling to save, we think we can help solve this challenge.

  1. Open a Savings Goal (which lives inside a Protected Goals Account)
  2. Open an Emergency Fund
  3. Start saving!


That’s it!

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Earn 2.02% APY on Any Protected Goals Balance!

We want more people to feel the confidence of having a safety net for the unexpected. Build your Emergency Fund faster with an interest rate that is higher than the national average.

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How To Use an Emergency Fund

Here’s a bit more about how it works:

  • Personalize your Emergency Fund. As you set up your Emergency Fund, you’ll see some handy suggestions for how much to save up, and you can tailor it to your needs.
  • Contribute automatically. We’ll set money aside every day, based on how much and how quickly you want to build up your Emergency Fund.
  • Keep it tucked away. You won’t accidentally spend from your Emergency Fund because the funds are set aside in a separate Protected Goals Account.
  • Use it when you need it. To use what you’ve saved up, just transfer the money from your Emergency Fund into your Safe-to-Spend in your main Simple account.
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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 rate is effective as of June 6, 2019, is variable, and subject to change after the account is opened. Accounts subject to approval. Balances between $0.01 - 1,999.99 in your Protected Goals Account will earn 2.02% Annual Percentage Yield. Balances $2,000 and above in your Protected Goals Account will earn 2.02% APY.

1 Check it out for yourself (based on the May 27, 2019 National Rate): https://www.fdic.gov/regulations/resources/rates/

2 A $1,000 emergency would push many Americans into debt