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PRESS RELEASE

BANKRATE TO PRESENT AT AEA MONTEREY CONFERENCE ON MAY 13

--First Quarter Conference Call Scheduled for April 30th at 2 p.m. EST --

NEW YORK, - April 29, 2003 - Bankrate, Inc. (NASDAQ: RATE), the Internet's leading consumer banking marketplace, today announced that it plans to present for the first time at the AEA Micro Cap Financial Conference in Monterey, CA, on Wednesday, May 13. A webcast of the presentations by CEO Elisabeth DeMarse and CFO Bob DeFranco will be available after the conference.

The Company has scheduled a conference call to discuss its first quarter results tomorrow at 2:00 p.m. Eastern Standard Time, 11 a.m. Pacific Standard Time. A press release on Bankrate's first quarter performance will be issued before the market on April 30. To participate in the teleconference please call: 1-877-261-8992 at least 10 minutes prior to the time the conference is set to begin.

About Bankrate, Inc.

Bankrate, Inc. (NASDAQ:RATE) owns and operates Bankrate.com, the Internet's leading consumer banking marketplace. Bankrate.com averages 4 million unique visitors per month, according to comScore Media Metrix, which ranks Bankrate.com first in unique visitors in the "Financial information and advice" category. Bankrate.com reviews more than 4,800 financial institutions in more than 170 markets in 50 states. Bankrate.com is a destination site of personal finance channels, including banking, investing, taxes and small business finance. It is the leading aggregator of more than 200 financial products, including mortgages, credit cards, new and used auto loans, money market accounts and CDs, checking and ATM fees, home equity loans and online banking fees. Bankrate.com provides financial applications and information to a network of more than 80 partners, including Yahoo! (NASDAQ: YHOO), America Online (NYSE: AOL), The Wall Street Journal (NYSE: DJ) and The New York Times (NYSE: NYT). Bankrate.com's information is also distributed through more than 100 national and state publications.

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Bankrate, Inc.
(NASDAQ: RATE)
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