Advertiser and Editorial Disclosures

Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all account options available. *APY (Annual Percentage Yield).
Rates / Annual Percentage Yield terms are current as of the date indicated. Rates are subject to change without notice and may not be the same at all branches. These quotes are from banks, credit unions, and thrifts, some of which have paid for a link to their website. Bank, thrift, and credit unions are member FDIC or NCUA. Contact the financial institution for the terms and conditions that may apply to you.

Editorial Disclosure: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are the author’s alone, not those of the bank advertiser, and have not been reviewed, approved, or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.

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 an IRA? Traditional vs. Roth Photo of Simon Zhen Simon Zhen What is an IRA? Traditional vs. Roth Individual Retirement Account Way back in 1974, Congress passed a bill that... When Should I Start Saving For Retirement? When should I start savings for retirement? As soon as you can. The sooner you start, the better off you’ll be. How Much Money Will I Get From Social Security? Wondering how much money social security will get you. Here’s the answer: Not enough. So, what is the perfect age to start getting payouts? Avoid Debit Card Fraud By Not Swiping At These Places Photo of Simon Zhen Simon Zhen Avoid Debit Card Fraud By Not Swiping At These Places Being a victim of debit-card fraud is not an experience that any banking customers... What Are Bonds and How to Invest in Bonds? Photo of Simon Zhen Simon Zhen What Are Bonds and How to Invest in Bonds? A bond is a debt security, similar to an I.O.U. There are several ways to invest in... Three Ridiculous Retirement Mistakes People make mistakes, but the key to success in retirement planning is to avoid making huge, outrageous mistakes. From investments, to free money, pre-retirement planning will keep you enjoying life. How to Create a Budget? There is no on-size-fits-all type of budget. When creating a budget you need to tailor it to your needs and financial goals. Should I Rent or Buy? Photo of Simon Zhen Simon Zhen Should I Rent or Buy? Renting and buying each have their own merits and their own pitfalls. As a renter,... Understanding Buy and Hold Investment Strategy Photo of Simon Zhen Simon Zhen Understanding Buy and Hold Investment Strategy The “buy and hold” investment strategy is when an investor purchases stocks and... Choose a Credit Card Based on Your Lifestyle Credit cards are like clothes. Not all work well for everyone and choosing the right credit card for your lifestyle will go along way.