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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
A graphic of origami of a dollar bill folded to look like a piggy bank with a penny on top.

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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About Bankrate
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Chief Financial Analyst

Sarah Foster

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Principal U.S. Economy Reporter

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Senior Economic Analyst

Latest articles

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High-yield savings rates today: May 19, 2025 | Top rate remains at 4.40% APY

Top high-yielding savings accounts continue to handily outpace inflation.
May 19, 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
Image of former St. Louis Fed president, Jim Bullard

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
Woman reaching in to the air for cash

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
Focused young woman entering banking credit card information in computer application, making household payments online, booking flight tickets or hotel, purchasing goods or confirming transaction.

High-yield savings rates today: May 12, 2025 | Earn up to 4.40% APY

APYs on high-yield savings accounts remain competitive after Fed rate decision.
May 12, 2025
Woman working from home with a child in the background

The motherhood penalty: Mothers earned 35 percent less than fathers in 2024

A new Bankrate analysis shows mothers earned 31 percent less in wages than fathers in 2023.
May 09, 2025
Image of a round pink piggybank in a life raft floating on water.

Is a 2025 recession coming? Take these 5 steps to recession-proof your savings now

JPMorgan raises recession probability to 50%. Learn five practical steps to protect your savings before economic conditions worsen.
May 08, 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

Here’s what it means when a bank gets a loan from the Fed’s discount window

This window may even prevent bank failures and insolvency. Here’s how it works.
Sep 30, 2019
Federal Reserve Chairman Jerome Powell hosts news conference following interest-rate decision.

Fed cuts rates by quarter point, split on further reductions

Here’s what the U.S. central bank decided to do with interest rates.
Sep 18, 2019
Fed Chairman Jerome Powell speaks to journalists at a June 19 press conference

5 key themes to watch for at the Fed’s July meeting

How much of a rate cut can we expect from the Fed?
Sep 16, 2019
Federal Reserve Chairman Jerome Powell speaks to journalists during the Fed's July 31 post-meeting press conference.

5 key themes to watch for at the Fed’s September meeting

Will the Fed cut rates for a second-straight meeting?
Sep 13, 2019
The Varo mobile bank app

These challenger banks killed the overdraft fee. Now, they’re reinventing it

Meet the alternative solution to low-balance bank days.
Sep 12, 2019
A modern PNC branch, consultation rooms included.

Why tech-savvy young adults can’t quit bank branches

Digital banking is on the rise, but in-person banking at a branch is far from over.
Aug 05, 2019
Federal Reserve Chairman Jerome Powell speaks to journalists at a news conference following the Fed's June 19 interest rate decision.

Fed cuts interest rates by a quarter point for the first time in a decade

The Fed’s move is a win for borrowers and a wake up call for savers.
Jul 31, 2019
Bank complaints

What goes wrong most often at banks, according to consumer complaints filed at CFPB

Save time and money by learning from other people’s mistakes.
Jul 30, 2019
Woman reaching in to the air for cash

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
Man using credit card while online

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
Design element including image of Jerome Powell

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
Calm focused female freelancer in casual clothes revising reports while sitting on soft couch at table and using computer in light contemporary apartment

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
Banking_How-the-Fed-Rate-Affects-Housing_

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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