Simple Bank, partnered with BBVA, stands out in many ways. First and foremost, the lack of fees. Many banks offer free checking accounts, however, this generally means that they do not charge a monthly or annual maintenance fee. Simple goes much farther. It charges no fees at all, not even for overdrawing the account or ordering a replacement card.
Second, its easy-to-use budgeting tools make it incredibly easy to save and stick to a budget. With its "safe-to-spend" feature, the user gets a more realistic picture of what they can spend, as it shows the balance taking into account upcoming bills and savings goals. Simple also offers an "Emergency Fund" and a Goals feature to help the customer establish a habit of saving.
On the con side, however, over 100 complaints have been filed against Simple with the Better Business Bureau. Customers report arbitrary account closures, checks that take much longer than normal to clear, and technical glitches that have made their money inaccessible. Some have also reported trouble in having fraudulent transactions reversed in their account.

Simple has plenty of great features going for it, however, consumer complaints - especially those involving account closures and inefficient handling of fraudulent transactions - are problems that still need to be addressed.