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.

A List of Savings Accounts Offered by Online Banks in the U.S. View a complete list of savings accounts offered by online banks in the U.S. Compare the rates, minimum deposits, and minimum balances to earn APY. The Best Savings Accounts for Your New Year’s Money Resolutions Photo of Simon Zhen Simon Zhen The Best Savings Accounts for Your New Year’s Money Resolutions Ally Bank App The best savings account to get you started on your savings goals for... Live Oak Bank Savings Account 2024 Review Photo of Simon Zhen Simon Zhen Live Oak Bank Savings Account 2024 Review Learn all about the high yield savings account offered by Live Oak Bank. Compare its fees, interest rates, and features to the top savings accounts provided by online banks. See how to choose the best savings account for you and your savings goals. How the Federal Rate Increase Affects Savings Accounts & Loans Find out how the first rate increase in 2018 by the Federal Reserve affects your finances. Learn about the exact changes to interest rates on savings accounts, CDs, credit cards, mortgages, and other loans. See what you should do in response to the rate changes to ensure that you save more money. Putting Your Money in a Callable CD: How Wise Is It? Learn what is a callable CD is and how it works. Callable CDs are typically higher in rate than the regular CDs, and that's the pitch most bankers use when selling this type of CD. How to Bank Without a Branch Using ATM, Online, Mobile Banking Photo of Simon Zhen Simon Zhen How to Bank Without a Branch Using ATM, Online, Mobile Banking Branches are nice, but not necessary. You might already be banking in this... Guide to Maximizing Returns on Series I Savings Bonds Photo of Simon Zhen Simon Zhen Guide to Maximizing Returns on Series I Savings Bonds You're looking to boost your savings by investing in a low-risk vehicle such as... What Happens When You Deposit a Post-Dated Check Early? Find out if post-dated checks will be accepted by bank's earlier than the specified date intended for deposit. How to Cash a Check at Walmart Learn all about cashing a check at Walmart, including the information that you need to provide. Find out the fees and limits that apply. How is Credit Card APR Interest Calculated Photo of Simon Zhen Simon Zhen How is Credit Card APR Interest Calculated The numbers listed under "Interest" on your monthly credit card statement might be...