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Simple VS Medium

Compare Simple VS Medium and see what are their differences

Simple

Simple is reinventing personal banking with modern online and mobile experiences, no surprise fees...

Rating
0 reviews
Alternatives Is it good?
Medium

Welcome to Medium, a place to read, write, and interact with the stories that matter most to you.

Rating
0 reviews
Pricing
Open source
Alternatives Is it good?
VaultNow
All-in-one crypto finance platform for companies that run on stablecoins. Invoicing, payouts, treasury, budgets and AML — the whole money path in one non-custodial system. No banking friction, no spreadsheet reconciliation. sponsored
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, Medium seems to be a lot more popular than Simple. While we know about 3142 links to Medium, we've tracked only 4 mentions of Simple.

social mentions
4 vs 3,142
Finance popularity
100% vs 0%

Base details

Website, pricing, platforms and company facts side by side.

Simple
Medium
Website simple.com medium.com
Pricing —
Open source
Company — Startup from the United States
Listed in
Time Tracking Finance Invoicing Time Management +1
Blogging Blogging Platform CMS Blogging Tools +1

Features and specs

What each product offers, as listed by its team.

Simple 5 features
Medium 5 features
  • User-Friendly Interface
    Simple offers an intuitive and straightforward interface, making it accessible for users who may not be tech-savvy.
  • No Hidden Fees
    Simple is transparent about fees, such as not charging for overdrafts or maintaining a minimum balance, which can save users money.
  • Innovative Budgeting Tools
    Tools like 'Safe-to-Spend' and 'Goals' help users manage their finances more effectively by visually representing their spending power and saving goals.
  • Excellent Customer Service
    Simple has a reputation for responsive and helpful customer service, which can be reached via multiple channels, including phone, email, and social media.
  • FDIC Insured
    Deposits are insured up to $250,000 through a partnership with BBVA USA, adding a layer of security for users.

Possible disadvantages

  • Limited Product Offerings
    Simple lacks a comprehensive suite of financial products like loans and credit cards that traditional banks offer.
  • Cash Deposit Limitations
    Depositing cash can be cumbersome as Simple does not have physical branches; users must utilize third-party services which might incur fees.
  • No Physical Branches
    The absence of physical locations may be a disadvantage for those who prefer face-to-face interactions for their banking needs.
  • Reliance on Internet Access
    As a fully online bank, Simple requires stable internet access and competent digital literacy, which may not be convenient for all users.
  • Limited ATM Network
    While Simple provides access to a broad network of fee-free ATMs, users might still encounter situations where finding a fee-free ATM is inconvenient.
  • User-Friendly Interface
    Medium offers an easy-to-use interface that makes it simple for anyone to start writing and publishing content without any technical knowledge.
  • Built-in Audience
    The platform has a large and active user base, so new content has the potential to reach a wide audience quickly.
  • Publishing Tools
    Medium provides versatile publishing tools that support text, images, and various media formats, which helps in creating rich and engaging content.
  • SEO Benefits
    Articles posted on Medium tend to rank well in search engine results, thanks to the platform's high domain authority.
  • Community and Interaction
    Medium encourages reader engagement through comments, claps, and highlights, fostering a sense of community among writers and readers.

Possible disadvantages

  • Monetization
    While Medium has a Partner Program, it may not be as lucrative as other methods of monetization available on independent blogging platforms.
  • Control and Customization
    Medium offers limited customization options compared to dedicated blog platforms like WordPress, restricting how you can brand and personalize your blog.
  • Content Ownership
    By publishing on Medium, you agree to their terms and conditions, which may include giving up some control over how your content is used and distributed.
  • Paywall Issues
    Some articles are placed behind a paywall, which might limit the reach of your content if you want it to be freely accessible to everyone.
  • Dependency on Platform
    Relying solely on Medium means that any changes to the platform's policies or algorithms can directly impact your reach and engagement.

Analysis

An editorial look at what each product does well and who it suits.

Simple
Medium

Overall verdict

  • While Simple was considered a good choice for digital banking due to its ease of use and helpful financial management tools, it no longer operates independently. Former Simple customers and individuals seeking similar features might consider alternatives like Chime, Varo, or other modern fintech companies that offer similar services.

Why this product is good

  • Simple was known for its intuitive and user-friendly mobile banking experience, offering features like budgeting tools, no fees on basic accounts, and a reliable digital platform. It aimed to make banking straightforward and stress-free for users, especially those comfortable with handling finances through an app. However, as of 2021, Simple has been shut down by its parent company, BBVA USA, and its services have been transitioned into BBVA's offerings.

Recommended for

    Simple, when operational, was recommended for tech-savvy individuals looking for a seamless online banking experience without many fees, and people interested in integrated budgeting and financial tracking tools. Current recommendations would be to explore existing fintech solutions with comparable benefits.

Overall verdict

  • Medium can be considered a good platform for those who enjoy a wide array of content and appreciate quality writing on diverse subjects. However, the value of Medium depends on individual preferences and whether the topics and writing styles align with what the reader is looking for.

Why this product is good

  • Medium offers a diverse range of articles from both professional and amateur writers, providing readers with numerous perspectives on various topics. Its clean user interface and ease of use make it an appealing platform for both writers and readers. The platform also supports monetization for writers, allowing them to earn from their content.

Recommended for

    Medium is recommended for avid readers seeking a variety of topics ranging from personal development to technology. It's also ideal for writers looking to publish their work to a broad audience and potentially earn revenue through the platform's Partner Program.

Videos

Walkthroughs and reviews on video.

Simple 3 videos + Add
Medium 5 videos + Add

The Truth About Simple Skin Care

More videos

  • - DOCTOR V Reviews Simple | Brown/ Dark Skin of Colour | SOC
  • - Simple Skincare Review! Micellar Water, Cleansers, Moisturizer | Clean, Affordable Skin Care

Medium Review - with Tom Vasel

More videos

  • - Starting a blog on Medium.com? Watch this FIRST.
  • - The Medium Review
  • - The Medium - Before You Buy
  • - I recommend: The Medium (Review)

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Simple
Medium
100% 100%
Finance
0% 0%
0% 0%
Blogging
100% 100%
100% 100%
Time Tracking
0% 0%
0% 0%
Blogging Platform
100% 100%

User comments

Share your experience with using Simple and Medium. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Simple no reviews yet
Medium no reviews yet

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Simple 4 mentions
Medium 3142 mentions
  • Closed bank closed debit card (simple.com)
    I received a refund for an item on Amazon and the debit card and bank was closed. Amazon will not reissue the refund to a different debit card and I'm clueless who to contact if there is anyone to contact since simple.com was defunct in... Source: over 3 years ago
  • Am I selfish?
    Get a fresh bank account without him; credit unions can be good for this. Make sure it's not at a bank that he frequents...you don't want the teller to be "helpful" and clue him in on things. I used to recommend simple.com for a debit... Source: over 4 years ago
  • I never had to call Simple.
    Patience and discovering that simple.com now points to BBVA's Simple migration page. Source: over 5 years ago

View more

  • V Language Review (2023)
    [10]: https://medium.com/@connect.hashblock/v-language-simplicity-made-sexy-63f50b28b33c. - Source: Hacker News / 10 days ago
  • Musk, the Movie
    "a lot of good technical instincts" Like when he wanted to abandon UNIX for Windows NT at PayPal? [1] [1] https://medium.com/@Jason__Li/why-paypal-engineers-fought-against-windows-the-technical-battle-that-defined-a-company-7a8211ddb7e2. - Source: Hacker News / 1 day ago
  • Lunar Terminator Paradox
    It is never a bad moment to mention this. For planets with a single moon, the probability of such an occurrence has been estimated at 4% [1]. I like to think that this is what extraterrestrials would find most fascinating about our... - Source: Hacker News / 1 day ago

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Alternatives to Simple and Medium

When comparing Simple and Medium, you can also consider the following products.

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