<prompt> Human: Earlier this week there was a posting about how Perkstreet Financial basically closed shop over night and a lot of people lost out on all the rewards they had saved. Someone else mentioned a few weeks before they had stopped issuing debit cards. I had made the comment that Smartypig had a lot of the same people involved including early angel investors and backing bank and since their business model was very similar people may want to use their rewards with SmartyPig.I actually am a SmartyPig user and this morning in an effort to follow my own advice attempted to order a debit card. I was given a warning that they are no longer issuing them for the time being. It could be a coincidence but I felt it was worth throwing up a warning flag to everyone here. EDIT: I want to add that someone from Simple replied below to some of the controversy surrounding what I am going to call these neobank sites since Perkstreets collapse. I would highly recommend simple as a potential alternative.tadfisher Not gonna happen anytime soon, as our business model actually works and we can scale without going into the red per customer.  <response>: Im honestly not convinced that SmartyPig is doomed. The business model was not as similar as you think.Perkstreets main incentive was offering cashback on debit card purchases money they earn via the swipe fee. SmartyPigs main profits come from the gift cards and fee-based debit cards they offer. They have no reliance on earning money from swipes, rather only for people using their savings via their partners. The cash rewards program was a new addition.I concur the cash rewards cards from SmartyPig are in danger, but I dont think the program itself will disappear as a general online savings accountpiggy bank. 