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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

“The sooner you lock in [with a CD rate], the better, because yields have peaked, but inflation is going to continue to decline throughout 2024.”

– Greg McBride, CFA

CD rates forecast for 2024: Expect banner year for savers with strong yields, lower inflation rate

The year 2023 came to a close with yields that had peaked on certificates of deposit (CDs) and other deposit accounts. Although Federal Reserve rate cuts are possible in 2024, it should remain a strong year for savers as annual percentage yields (APYs) stay high overall and inflation hopefully cools further.
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

A custom image of a $100 bill and a mask.

Survey: 57% of Americans want more coronavirus financial relief from government

Stimulus checks have arrived, but more support is needed from political leaders, consumers say.
Apr 27, 2020
A front view of the Federal Reserve Bank

Federal Reserve lifts six-withdrawal limit on savings accounts

Consumers get more access to their savings at a time when they may urgently need it.
Apr 24, 2020
Federal Reserve Eccles Building in Washington, D.C.

Forecast survey: Economy’s slow rebound from coronavirus free fall will keep Fed on hold until 2022

It could take years for growth and unemployment to return to where they were before the pandemic.
Apr 24, 2020
Federal Reserve and the coronavirus

Preview of the Fed meeting: What’s left in Powell’s coronavirus recession playbook?

The Fed’s biggest priority should be making sure as little as possible breaks on the way down.
Apr 24, 2020
A man at home makes a phone call.

Tips for negotiating fee waivers when your bank’s not offering them

Talk your way out of a charge — or get someone else to do it for you.
Apr 23, 2020
A man sits in bed, looking at his phone.

Shelter in place: Is the coronavirus a turning point for challenger banks?

The branch is closed. Challenger banks see their moment.
Apr 23, 2020
A pedestrian walks by a bank branch.

Your money is safe — banks are much healthier today than a decade ago

Your money is safe as long as there’s federal deposit insurance.
Apr 17, 2020
Vacant stores stand in Wickliffe, Kentucky

How the Fed is trying to rescue the economy from the coronavirus with an emergency stash of cash

It’s pushed the Fed down a new, uncharted path.
Apr 15, 2020
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.
Mar 13, 2025
Man using laptop in kitchen

What is a callable CD? Here’s what to know

Callable CDs can offer a higher yield than traditional CDs, but there’s a catch.
Mar 13, 2025
A man does research on his laptop.

What is an add-on CD?

Add-on CDs can offer more flexibility than a traditional CD.
Mar 13, 2025
comical illustration of money being injected via medial equipment

When should you spend your emergency fund?

Here’s what you need to know about tapping into your emergency fund.
Mar 13, 2025
man signing a check

Routing number: What it is and how to find yours

That string of numbers at the bottom of your check is really important. Find out why.
Mar 13, 2025
Road Leading Towards United States Capitol

How I’m saving $24,000 by moving from Boston to Washington, D.C.

After facing multiple rent increases in Boston, I decided to move to Washington, D.C. — a decision that will save my household approximately $24,000 over two years. Here’s what I learned about relocating [...]
Mar 13, 2025
Financial manager meeting with couple in bank branch office

National average money market account rates for March 2025

Get the latest rates on top-yielding money market accounts.
Mar 13, 2025
Woman watering plants.

Current CD rates for March 2025

Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Mar 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.
Mar 12, 2025
A person researches on a laptop.

Are CDs worth it right now? Here’s what experts say

Learn when a CD is worth it, when it is not, and alternatives to consider in 2025.
Feb 24, 2025

More people are taking out HELOCs. Here’s why

Home equity lines of credit are growing in size and volume.
Feb 17, 2025
A picture of various cryptocurrencies

Cryptocurrency: What it is and how it works

Cryptocurrencies are managed through what’s called a distributed ledger such as blockchain.
Feb 17, 2025
Traders work on the floor of NYSE

The Fed may not lower rates in 2025 — is now a good time to buy stocks?

With the Fed holding steady on rates for now, is it still a good time to buy stocks?
Feb 13, 2025
Homes in Charleston

How are mortgage rates determined?

Understanding mortgage rate movements could save you money.
Feb 12, 2025
Residential area with architectural homes on Main Street

Will HELOC rates keep falling?

And if so, how low can they go?
Feb 11, 2025
couple working on home finances

How to break the credit card debt cycle

Learn about five ways in which you can break out of the credit card debt cycle.
Feb 07, 2025
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