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... How the Federal Rate Increase Affects Savings Accounts & Loans Photo of Simon Zhen Simon Zhen How the Federal Rate Increase Affects Savings Accounts & Loans The Federal Reserve announced it decided to keep the target range for the federal... 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 Learn how you can still perform the necessary everyday banking activities without having to step into a traditional bank branch. 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? Photo of Simon Zhen Simon Zhen What Happens When You Deposit a Post-Dated Check Early? Occasionally, I like to skim through Reddit’s personal finance section for any... 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 Understanding how to calculate credit card interest is important to becoming a more educated consumer and using your credit more effectively. APY vs. APR: What's the Difference? Photo of Simon Zhen Simon Zhen APY vs. APR: What's the Difference? If you look at any credit card offer online, you'll see that interest rates are...