BBVA-owned Simple has announced that it is shutting down. The popular online-only bank offered features like a smart budgeting "goals" system and a very high savings interest rate — back when high interest rates were a thing. However, BBVA has decided it's time to sunset Simple, and more information regarding the transition to servicing by BBVA directly will be available soon.
The news is being emailed to Simple's customers, though not everyone has received it just yet.
Read MoreSimple bank is shutting down was written by the awesome team at Android Police.
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