EX-16.1 3 v071841_ex16-1.htm
Exhibit 16.1

April 17, 2007
 
Securities and Exchange Commission
450 Fifth St. N.W.
Washington, D.C. 20549
 
Ladies and Gentlemen:
 
We were previously principal accountants for Bankrate, Inc. and, under the date of March 16, 2007, we reported on the consolidated financial statements of Bankrate, Inc. as of and for the years ended December 31, 2006 and 2005, and management’s assessment of the effectiveness of internal control over financial reporting as of December 31, 2006, and the effectiveness of internal control over financial reporting as of December 31, 2006. On March 27, 2007, we declined to stand for re-election as principal accountants. On April 12, 2007, the auditor-client relationship ceased. We have read Bankrate, Inc.’s statements included under Item 4.01(a) of its Form 8-K dated April 12, 2007, and we agree with such statements, except that we are not in a position to agree or disagree with Bankrate, Inc.’s statements in the second paragraph.
 
Very truly yours,
 
/s/KPMG LLP
 
cc:
Thomas R. Evans, President and Chief Executive Officer
  Edward J. DiMaria, Chief Financial Officer