Simple Bank Feature, Milestone, & APY History

By MouthsOfDecadence

  • BankSimple Founded

    BankSimple Founded
    Source: https://en.wikipedia.org/wiki/Simple_(bank)#History

  • Becomes ‘Simple’, First Non-Employee Users

    Becomes ‘Simple’, First Non-Employee Users
    Sources: https://techcrunch.com/2011/11/08/banksimple-is-now-just-simple-and-its-accepting-its-first-users/ https://www.simple.com/blog/introducing-simple

  • Commercial Launch As Limited Beta

    Commercial Launch As Limited Beta
    Sources: https://en.wikipedia.org/wiki/Simple_(bank)#History https://www.simple.com/blog/the-beginning https://www.bbva.com/en/bbva-acquires-sim

  • I Accepted My Simple Invite

    I Accepted My Simple Invite

  • External Transfers on Web

    External Transfers on Web

  • Goals on Mobile & Send $ Goals w/ Auto-save

    Goals on Mobile & Send $ Goals w/ Auto-save

  • Support Messaging on Android

    Support Messaging on Android

  • Simple Instant Transfers

    Simple Instant Transfers

  • Acquired by BBVA

    Acquired by BBVA

  • Faster External Transfers

    Faster External Transfers

  • Goals on Web Redesign

    Goals on Web Redesign

  • New Bill Pay Service Provider

    New Bill Pay Service Provider

  • Simple 2.0 w/ Instant on Mobile & New ATMs

    Simple 2.0 w/ Instant on Mobile & New ATMs

  • Apple Pay

    Apple Pay

  • Elimination of All Fees

    Elimination of All Fees

  • EMV Chip-Enabled Cards

    EMV Chip-Enabled Cards

  • Shared Accounts Beta

    Shared Accounts Beta

  • Transition from Bancorp to BBVA Begins

    Transition from Bancorp to BBVA Begins

  • Transition to BBVA Completed

    Transition to BBVA Completed

  • BBVA Accidentally Emails Simple Users

    BBVA Accidentally Emails Simple Users

  • Shared Accounts Launched

    Shared Accounts Launched

  • 2FA, Android Pay, & 3D Touch for iOS

    2FA, Android Pay, & 3D Touch for iOS

  • Funding Schedules on Web & Auto-spend by Category

    Funding Schedules on Web & Auto-spend by Category

  • Emergency Fund Launched

    Emergency Fund Launched

  • Goal Pictures

    Goal Pictures

  • Expenses 1.0 Launched

    Expenses 1.0 Launched

  • Savings Goal w/ 2.02% APY on >$2K

    Savings Goal w/ 2.02% APY on >$2K

  • Oct 31st Deadline for 2.02% APY

    Oct 31st Deadline for 2.02% APY

  • 2.02% Protected Goal APY Extended Indefinitely

    2.02% Protected Goal APY Extended Indefinitely

  • Paper Checks Added, Bill Pay Disco Announced

    Paper Checks Added, Bill Pay Disco Announced

  • $2K requirement for 2.02% APY Removed

    $2K requirement for 2.02% APY Removed

  • Bill Pay & Mail a Check Discontinued

    Bill Pay & Mail a Check Discontinued

  • Dark Mode Available for Mobile

    Dark Mode Available for Mobile

  • 2.15% APY on P.Goals >$10K

    2.15% APY on P.Goals >$10K

  • Round Up Rules

    Round Up Rules

  • P.Goal APY Lowered to 1.75% (1.9% >$10K)

    P.Goal APY Lowered to 1.75% (1.9% >$10K)

  • P.Goal >$10K APY Lowered to 1.75%

    P.Goal >$10K APY Lowered to 1.75%

  • All P.Goal APY Lowered to 1.55%

    All P.Goal APY Lowered to 1.55%

  • All P.Goal APY Lowered to 1.40%

    All P.Goal APY Lowered to 1.40%

  • All P.Goal APY Lowered to 1.20%

    All P.Goal APY Lowered to 1.20%

  • All P.Goal APY Lowered to 1.00%

    All P.Goal APY Lowered to 1.00%

  • Expenses 2.0 w/ Funding Options, Removed Coming Up, & Money Out By Merchant

    Expenses 2.0 w/ Funding Options, Removed Coming Up, & Money Out By Merchant

  • All P.Goal APY Lowered to 0.80%

    All P.Goal APY Lowered to 0.80%

  • Checking APY Lowered to 0.00% (from 0.01%)

    Checking APY Lowered to 0.00% (from 0.01%)

  • Simple Acknowledges Support Shortfalls

    Simple Acknowledges Support Shortfalls

  • All P.Goal APY Lowered to 0.60%

    All P.Goal APY Lowered to 0.60%

  • BBVA Acquisition By PNC Announced (pending approval)

    BBVA Acquisition By PNC Announced (pending approval)

  • All P.Goal APY Lowered to 0.50%

    All P.Goal APY Lowered to 0.50%

  • Creating Multiple Protected Goals Allowed

    Creating Multiple Protected Goals Allowed

  • BBVA Decision to Close Simple Announced

    BBVA Decision to Close Simple Announced

  • All P.Goal APY Lowered to 0.40%

    All P.Goal APY Lowered to 0.40%

  • Transition of Simple Accounts to BBVA Announced

    Transition of Simple Accounts to BBVA Announced

  • All P.Goal APY Lowered to 0.30%

    All P.Goal APY Lowered to 0.30%

  • Announced Date for BBVA Transition/Simple Closure

    Announced Date for BBVA Transition/Simple Closure