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Bankrate’s 2025 Annual Emergency Savings Report

Banking
New Bankrate data shows many Americans are slowly making progress on their savings.
By Lane Gillespie
12 min read
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Current CD rates for March 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

Federel Reserve building

Fed officials say rates could shift in ‘either direction’ depending on economic growth

Federal Reserve officials are giving themselves room to be flexible with monetary policy.
Apr 10, 2019
Jerome Powell Fed FOMC Decision Day

Federal Reserve leaves interest rates unchanged, sees no more hikes this year

The Fed voted to leave interest rates alone for the second-straight meeting.
Mar 20, 2019
Bank teller with customer

How bank tellers quietly disappeared from America, and what that means for consumers

Branch banking is rapidly changing with the rise of automation and fintech.
Mar 20, 2019
Americans crossing the street in the rain

Survey: 21% of working Americans aren’t saving anything at all

Many Americans are adding nothing to their savings. These are the biggest reasons.
Mar 14, 2019
Jerome Powell at Fed meeting

Powell promotes rate pause in final remarks before upcoming Fed meeting

Fed Chairman Jerome Powell said the U.S. central bank is in no rush to adjust rates.
Mar 11, 2019
Man with shopping bags

U.S. economy grew 2.6% in the fourth quarter, better than expected

The U.S. economy expanded at a slower pace in the fourth quarter of 2018, but came in well ahead of estimates.
Feb 28, 2019
Jerome Powell at Fed meeting

Fed Chair Powell grilled on stagnant wage growth in tight job market

Powell faced criticism from Democratic congressmen for his positive evaluation of the job market despite a period of slow pay gains.
Feb 27, 2019
Jerome Powell speaks at Federal Reserve

Powell justifies a ‘patient’ central bank on rate hikes during Senate testimony

Federal Reserve Chairman Jerome Powell delivered a positive assessment of the U.S. economy that nonetheless faces some risks.
Feb 26, 2019
Woman holding a credit card and looking at her phone

Women and banking: 50 years of progress

Events over the past half-century have helped to bolster women’s financial rights.
Mar 24, 2025
A student withdraws cash at an ATM.

Can you spend from a savings account?

There are ways to access your money and ultimately spend it. Here’s how.
Mar 24, 2025
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Inflation slowed more than expected last month, but prices remain high — here’s what’s rising most

You might not feel better about inflation because prices are still up post-pandemic.
Mar 22, 2025

9 things you need know if you bank with Chase

If you’re one of the 80 million Chase Bank customers, chances are you already know of many benefits to banking with the largest banks in the U.S.: cardless ATM access, a robust mobile app and overdraft [...]
Mar 21, 2025
woman working on a computer

IRA vs. CD: What’s the difference?

You can invest in a CD. You don’t technically invest in an IRA. Here’s what else to know.
Mar 21, 2025
women on her phone walking on a sidewalk

Opening up a bank account while abroad: Everything U.S. citizens need to know

Here’s when it makes sense to open a bank account abroad and tips for choosing the bank.
Mar 21, 2025
Woman online banking

What is open banking, and how will it affect me?

The concept is seen as a way to boost innovation and competition, ultimately giving consumers better digital options for their money.
Mar 21, 2025
Design element of cargo containers with nation flags on them

We asked 3 experts: How will tariffs affect my wallet?

Trump has made tariffs an economic priority — experts share how you may be affected.
Mar 21, 2025
Home decorated for autumn

Is it time to tap your home equity, even though the Fed’s paused interest-rate cuts?

It just might be. But don’t forget the fundamentals of how home equity loans work.
Mar 20, 2025
Fed Chair Powell Holds News Conference Following FOMC Rate Decision

The Federal Reserve’s latest dot plot, explained – and what it says about interest rate cuts

This Fed communication tool is important, but be cautious when interpreting it.
Mar 19, 2025
Jerome Powell, chair of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting.

The Fed keeps rates steady while warning of increasingly uncertain economic outlook

Uncertainty over President Donald Trump’s policies is keeping the Fed on the sidelines, at least for now.
Mar 19, 2025
New Friends Walking on University Campus

How the Fed rate changes impact student loan interest rates

The Federal Reserve’s actions can influence student loan interest rates.
Mar 19, 2025

How does the Federal Reserve affect mortgages?

The Federal Reserve’s decisions have ripple effects, including for mortgages.
Mar 19, 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.
Mar 19, 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.
Mar 19, 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.
Mar 19, 2025
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