4 ms·
The value proposition doesn't appeal to me... Slick GUI, and I'm sure you guys work your asses off, but there's no compelling reason for me to switch to another
by Hisoka 15y ago
The value proposition doesn't appeal to me... Slick GUI, and I'm sure you guys work your asses off, but there's no compelling reason for me to switch to another bank.. that's a huge cost.. I am get off my ass to another bank, tell them to close my account, write a huge check to BankSimple, change my direct deposit, buy new checks, etc... Do you guys replace the checkbook? If so, I'll sign up. That's my main problem with the entire banking process. I hate writing checks and signing checks. When I write a check to the IRS and somehow get a single number wrong, I have to rewrite the whole thing. It seems strangely ancient that we still have this process in place today.
- ThomPete 15y agoI guess it depends on how you use your bank. I never use my bank for anything but netbanking. In Europe checks are more or less obsolete. I haven't had a check book since I lived in the US back in the late nineties and early zeroes.
- avelis 15y agoThe early adopters and innovators will switch based on whether they believe what BankSimple believes in. However, I agree that in order for the tipping point to occur I need to have a compelling reason to do all the leg work of switching. Unless, BankSimple comes up with a way to do that for us.