Articles by Simon Zhen

Simon Zhen is the chief research analyst for MyBankTracker and an expert on consumer banking products, bank innovations, and financial technology. Simon has contributed and/or been quoted in major publications and outlets including Consumer Reports, American Banker, Yahoo Finance, U.S. News - World Report, The Huffington Post, Business Insider, Lifehacker, and AOL.com. Education: Education: B.S. in Health Sciences from Stony Brook University.

What is a CD?: A Quick 101 Guide Banks and credit unions, both offer depositors or members the option of purchasing CDs which are like savings accounts that you promise not to withdraw money from for a specific period of time. Opening a CD Account - Hard Pull Vs Soft Pull Explained Photo of Simon Zhen Simon Zhen Opening a CD Account - Hard Pull Vs Soft Pull Explained If you think that investing in a certificate of deposit or CD merely entails... CDs Vs. Installment Savings Accounts: Which Is The Better Saving Strategy? Photo of Simon Zhen Simon Zhen CDs Vs. Installment Savings Accounts: Which Is The Better Saving Strategy? A disciplined way to save up these days could be by building up your money in an... Separate Vs. Joint Bank Accounts for Married When Should You Check Your Credit Score? Learn the limits on how many times you can check a credit score for free, so the question becomes how often you can check credit score. Tips on How to Improve Your Credit Score Photo of Simon Zhen Simon Zhen Tips on How to Improve Your Credit Score Admit it, your credit score could probably use a little bump. If you want to... The Value of a Good Credit Report Photo of Simon Zhen Simon Zhen The Value of a Good Credit Report Almost everyone has to borrow money at one time or another. Whether you are... You Earned Those Rewards, Remember to Redeem Them The Best Time to Ask for a Credit Limit Increase Consumers wonder when is the best time to ask for a credit limit increase. The proper preparations makes it easy to raise your credit card's spending limit. Best 1-Year Certificate of Deposit (CD) Rates: 2024 Photo of Simon Zhen Simon Zhen Best 1-Year Certificate of Deposit (CD) Rates: 2024 Online savings accounts offer some very high interest rates on your savings but,...