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Bankrate’s 2025 Annual Emergency Savings Report

Banking
Over 1 in 3 people tapped emergency savings in the past year, per a new Bankrate survey.
By Lane Gillespie
12 min read
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Current CD rates for May 2025

Banking
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
By Karen Bennett
4 min read
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Savings and money market account rates forecast for 2025: Yields will dip but remain higher than inflation

Banking
Expect savings and money market account yields to slide lower, but they still should outpace inflation
By Matthew Goldberg
3 min read

Exclusive insights from our expert analysts

“It will be another year where the highest-yielding savings accounts, money markets and CDs outpace inflation while the averages — and the offerings at most banks — fall well short.”

– Greg McBride, CFA

CD rates forecast for 2025: Top yields will decline, yet they’ll outpace inflation

The year 2024 came to a close with yields having declined on many certificates of deposit (CDs), spurred by three Federal Reserve rate cuts, although savers were still able to benefit from locking in strong yields. Even if yields on competitive deposit accounts decrease further in 2025, they’re still expected to outpace inflation.
Read more

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Chief Financial Analyst

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Principal U.S. Economy Reporter

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Senior Economic Analyst

Latest articles

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This one money habit will get you out of living paycheck to paycheck

Your secret financial weapon: A cash-flow cushion with one month of expenses.
May 06, 2025
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Are banks safe in a recession?

Learn why it’s safe to keep your money in the bank during a recession.
May 06, 2025
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How to navigate a potential Trumpcession

The term “Trumpcession” has been popping up in headlines this week, as economists and market watchers debate whether President Trump’s economic policies could trigger a downturn. But are we actually [...]
May 06, 2025
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6 key ways the Federal Reserve impacts your money

Every financial decision you make is impacted by the Federal Reserve.
May 05, 2025
Image by Getty Images, Illustration by Bankrate

6 ways to protect your money in an uncertain economy

Learn six practical ways to safeguard your finances amid economic uncertainty, from strengthening banking security to finding better rates.
May 05, 2025
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May Fed meeting preview: Trump wants lower interest rates, but for now, his tariffs are keeping the Fed on hold

Trump’s tariffs could raise prices and unemployment, backing the Fed in a corner.
May 05, 2025
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High-yield savings rates today: May 5, 2025 | APYs remain elevated despite a slight decline

High-yield savings accounts remain a strong option for savers…for now.
May 05, 2025
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How much could you cut spending? Economic concerns have some Americans setting a ‘no-buy’ rule

Amid today’s high cost of living, some are making temporary cuts to “fun” spending.
May 01, 2025
Piggy bank with cash overflowing

Best bank account bonuses for May 2025

Walk away with stacks of cash just for opening a checking or savings account.
May 15, 2025
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Best joint checking accounts in May 2025

These joint checking accounts are ideal for sharing finances with another person.
May 15, 2025
Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank

What is the average interest rate for savings accounts?

Comparing savings rates can ensure you get the best return on your savings.
May 15, 2025
Image by GettyImages, Illustrated by Bankrate

Here’s everything savers need to know about APY

The APY percentage shows how much an account earns per year. Here’s what you need to know.
May 13, 2025
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Inflation rose less than expected last month, but prices remain high — here’s what might feel most expensive

You might not feel better about inflation because prices are still up post-pandemic.
May 13, 2025
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What the former St. Louis Fed president thinks the U.S. central bank is currently getting wrong with tariffs

Powell is concerned tariffs could lead to more inflation. This former Fed official has a different view.
May 13, 2025
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What is inflation? Here’s how rising prices can erode your purchasing power

Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
May 13, 2025
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10 things you need know if you bank with Bank of America

Bank of America offers perks beyond basic banking, including museum passes, cash back deals and $300 new account bonuses.
May 13, 2025
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What is inflation? Here’s how rising prices can erode your purchasing power

Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
May 13, 2025
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Why are credit card APRs still so high?

Credit card interest rates have a high mark up over the prime rate. Why are card APRs so high?
May 08, 2025

How does the Federal Reserve affect mortgages?

The Federal Reserve’s decisions have ripple effects, including for mortgages.
May 07, 2025
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Powell warns of higher inflation, unemployment as Fed keeps rates steady

Bankrate’s experts are reacting live to the Fed’s latest interest rate decision.
May 07, 2025
US-ECONOMY-FEDERAL RESERVE-RATE-POWELL

How the Federal Reserve affects business loans

The Fed’s rate hold means loans costs are sticking. Here’s what it means for your business.
May 07, 2025
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Subprime cardholders still feeling the sting despite Fed holding rates steady

Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
May 07, 2025
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What the Fed’s continued rate pause means for homebuyers and sellers

The Fed has hit the pause button on rates. How will it affect the housing market?
May 07, 2025

How the Federal Reserve affects HELOCs and home equity loans

If you’re looking at HE Loans or have a variable-rate line of credit, pay attention to the Fed.
May 07, 2025
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