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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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Chief Financial Analyst

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Principal U.S. Economy Reporter

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Latest articles

FDIC building in Washington DC

Robinhood, looking beyond brokerage, seeks bank charter to expand into deposits, credit cards

The free stock trading outfit had previously walked back deposit product plans.
Apr 25, 2019
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
Woman watering plants.

Current CD rates for May 2025

Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
May 16, 2025
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National average money market account rates for May 2025

Get the latest rates on top-yielding money market accounts.
May 16, 2025
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Best online checking accounts for May 2025

Online checking accounts stand out for different features. Here’s our top picks.
May 16, 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
Planning, finance and couple with paper and laptop for budget

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
young man falling out of the sky along with various household items and cash

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
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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