Bankrate: Guiding you through life's financial journey (2024)

FAQs

What is the slogan of bankrate? ›

Bankrate: Guiding you through life's financial journey.

Bankrate demystifies financial decision-making and gives you confidence in which actions to take next. For example, let's say you're looking to purchase a home. We can even pinpoint your best offers and provide next steps — all while protecting your privacy, personal information and credit score.

Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.

Bankrate is a legitimate company that matches users with lenders. Bankrate started as the Bank Rate Monitor, a banking industry print publisher, in 1976 and is free to use. According to the company, over 100 million people use Bankrate each year.

The Bankrate promise

The Rule of 72 is a calculation that estimates the number of years it takes to double your money at a specified rate of return. If, for example, your account earns 4 percent, divide 72 by 4 to get the number of years it will take for your money to double.

Banks accept deposits from consumers and businesses and pay interest in return. They use deposits to issue loans and earn interest. A bank generates income when the interest it earns from loans exceeds the interest paid on deposits.

The five key functions of a financial system are: (i) producing information ex ante about possible investments and allocate capital; (ii) monitoring investments and exerting corporate governance after providing finance; (iii) facilitating the trading, diversification, and management of risk; (iv) mobilizing and pooling ...

The trusted name in personal finance since 1976

Bankrate was founded in 1976 as Bank Rate Monitor, a print publisher for the banking industry, and was acquired by Red Ventures in 2017.

Bankrate was acquired by Red Ventures for $1.24 billion in November, 2017.

What rate is too high for a personal loan? ›

Avoid loans with APRs higher than 10% (if possible)

“That is, effectively, borrowing money at a lower rate than you're able to make on that money.”

Commonwealth Bank of Australia has unveiled its long-delayed brand advertising campaign, ignoring the long-running "Which bank?" slogan in favour of the new line "Every day's a new day" and introducing a series of ads designed to convince consumers that the bank is focusing harder on its customers.

Through its “The World's Local Bank” advertising campaign, HSBC strives to set itself apart as a bank that, while having many global connections, is still flexible enough to care for the needs of local customers in the ways they prefer.

Forever First | First Citizens Bank.