Software Alternatives, Accelerators & Startups

Simple VS Numbrs

Compare Simple VS Numbrs and see what are their differences

Simple logo Simple

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

Numbrs logo Numbrs

Privatsphäre.
  • Simple Landing page
    Landing page //
    2018-10-06
  • Numbrs Landing page
    Landing page //
    2023-05-12

Simple features and specs

  • 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 of Simple

  • 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.

Numbrs features and specs

  • Financial Aggregation
    Numbrs allows users to aggregate various bank accounts and financial products in one place, providing a comprehensive view of their financial situation.
  • User-Friendly Interface
    The app is designed with an intuitive interface, making it easy for users to navigate and manage their finances efficiently.
  • Security Features
    Numbrs employs robust security measures, including data encryption, to protect users' financial information.
  • Budgeting Tools
    The platform offers budgeting tools that help users track their spending and set financial goals effectively.
  • Transaction Analysis
    Numbrs provides insights into spending habits through transaction analysis, helping users make informed financial decisions.

Possible disadvantages of Numbrs

  • Limited Geographic Availability
    Numbrs is primarily available in certain countries, which restricts access for users in locations where the app is not supported.
  • Subscription Costs
    While Numbrs offers a free version, some advanced features require a subscription, which may be a barrier for cost-sensitive users.
  • Bank Compatibility
    Not all banks may be supported, limiting the app’s usefulness for users with accounts in non-compatible institutions.
  • Feature Limitations
    Some users might find the range of features limited compared to other financial management apps with more extensive offerings.
  • Dependence on Bank Connections
    The effectiveness of Numbrs relies heavily on stable bank connections, which can be problematic if there are disruptions.

Analysis of Simple

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.

Simple videos

The Truth About Simple Skin Care

More videos:

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

Numbrs videos

No Numbrs videos yet. You could help us improve this page by suggesting one.

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Category Popularity

0-100% (relative to Simple and Numbrs)
Finance
80 80%
20% 20
Business & Commerce
74 74%
26% 26
Time Tracking
100 100%
0% 0
Tool
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Simple and Numbrs

Simple Reviews

The 8 Best Budgeting Apps of 2020
Simple is more than a budgeting app, it is an online bank account that replaces your old checking account and has tons of useful budgeting features built-in. When your budget and your bank live in the same app, it is much easier to manage and keep everything under control because you only have one place to visit to view and manage your money.
17 Top Evernote Alternatives for Note-Taking for 2019
Here’s the lowdown: Simplenote is free across all devices; Evernote isn’t. Evernote has an adequate amount of formatting and rich text options; Simplenote doesn’t. Evernote offers web clipping, Simplenote doesn’t.

Numbrs Reviews

We have no reviews of Numbrs yet.
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Social recommendations and mentions

Based on our record, Simple seems to be more popular. It has been mentiond 4 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Simple mentions (4)

  • 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 2021. Any help would be appreciated. Source: over 2 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 card, but they have sold out to PNC. Source: about 3 years ago
  • I never had to call Simple.
    Patience and discovering that simple.com now points to BBVA's Simple migration page. Source: about 4 years ago
  • Q about Simple hosted message center
    Prior to putting this on reddit the site showed a simple.com blue banner. Source: about 4 years ago

Numbrs mentions (0)

We have not tracked any mentions of Numbrs yet. Tracking of Numbrs recommendations started around Mar 2021.

What are some alternatives?

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

Salesforce Financial Services Cloud - Salesforce Financial Services Cloud offers CRM solutions for banking, insurance, and wealth management.

Joist - Joist is a mobile application to manage estimates, invoicing and accounting for contractors.

Money Guide Pro - Money Guide Pro is a financial planning software solution.

Lending Club - Credit marketplace for peer-to-peer lending

Redtail CRM - Redtail is a web-based client relationship management solution for the financial advisors.

Firm58 - Firm58 offers web-based financial management software that helps increase a firm's revenue and operational efficiency and reduce costs.