[m0th87]

RE: USAA, Charles Schwab, etc., this is a fair point. All of them have solid reputations. Any idea which one provides the highest interest rates?

> Isn't Simple backended by an institutional bank?

This is a good point, the answer to which I'm unsure.

[jacalata]

From the article: Simple is actually not a bank. It has deals with CBW Bank and Bancorp, federally insured banks, to hold its customers’ money.

[philwelch]

USAA membership is. You can get a USAA bank account without being a USAA member, but you don't get all the same privileges.