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.

Banking Predictions for 2024: Overdraft Changes, More Crypto, Savings Accounts In the 2024 edition of MyBankTracker's Banking predictions, we look at the possible trends for the banking industry and how they could affect consumer finances. New Hybrid Investments: Balance of Safety and Higher Returns Photo of Simon Zhen Simon Zhen New Hybrid Investments: Balance of Safety and Higher Returns In the vast market of financial vehicles available to the average consumer,... Does Having Too Many Bank Accounts Hurt Your Credit Score? Photo of Simon Zhen Simon Zhen Does Having Too Many Bank Accounts Hurt Your Credit Score? As the ups and downs of life send you on a financial roller coaster, you could... The Best Credit Cards For a Honeymoon Travel The honeymoon trip is a major wedding expense for newlyweds. With the right travel credit card, they can start their marriage off comfortably and save money. How to Buy Amex Membership Rewards Points Find out how you can easily buy extra American Express Membership® Rewards points to cover your flight, and how to decide if it's worth it to do so. How Many Bank Accounts Do You Need? Photo of Simon Zhen Simon Zhen How Many Bank Accounts Do You Need? “How many bank accounts do I need?” It’s a frequently asked question by many... 3 Best Gas Credit Cards to Help You Save at the Pump Photo of Simon Zhen Simon Zhen 3 Best Gas Credit Cards to Help You Save at the Pump To the drivers out there, you know what I mean when I say, “It doesn’t matter if... Why You Should Make an Emergency Fund a Priority The reason why you're still not saving for an emergency is more psychological than you think. Here's what you can do to start saving money today. Charge Card vs. Credit Card: The Differences Learn about the differences between credit cards and charge cards -- both of which allow you to borrow on revolving credit but the repayment formats differ. Why Credit Cards Are the Most Popular Emergency Funds Photo of Simon Zhen Simon Zhen Why Credit Cards Are the Most Popular Emergency Funds The emergency fund is popularly regarded as an essential fallback for anyone in...