Bread Savings: Savings Accounts & Rates

Savings rates updated: 11/16/2025

Mission statement: Banksparency aims to make Bread Savings' savings accounts transparent and comparable to those of other banks. .

Note: Interest rates below are reported as APY, or Annual Percentage Yield

We earn a commission if you open an account through some links on this page.

Savings Overview

High-Yield Savings Account: 4.20% APY(Rank 15 of the 20 Best Savings Rates)

Minimum Deposit: $100 | Online Only

National Savings Interest Rate: 0.4% (as of 10/20/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: Columbus, Ohio

Founded: 2003

Affiliation: Bread Financial Holdings, Inc. (NYSE: BFH), until 2022 known as Alliance Data Systems Corporation. All deposit products are provided by Comenity Capital Bank, a Utah state-chartered bank and a Bread Financial company.

Access to Branches: None

Deposit Insurance: FDIC Cert # 57570

BBB Rating: A+ (BBB Accredited (Information provided is for Comenity Capital Bank))

App Store Rating: 4.7/5

Google Play Rating: 4.4/5

Website: Visit Bread Savings

Our Take on Bread Savings

Highlights

High-Yield Savings Account offers 4.20% APY with no maintenance fees.
No minimum balance requirement for the High-Yield Savings Account.
Bank has an A+ BBB rating and is BBB Accredited.
High App Store rating of 4.7 and Google Play rating of 4.4.

Considerations

Requires a minimum deposit of $100 to open the High-Yield Savings Account.
No physical branches available for in-person banking.
Direct deposit is not required but may limit some features.
Online-only banking may not suit all customers.

Summary: Bread Savings offers a competitive High-Yield Savings Account with a 4.20% APY and no maintenance fees. The account requires a $100 minimum deposit but has no minimum balance requirement. The bank has received an A+ BBB rating and is accredited, indicating trustworthiness. However, it operates online only, lacking physical branches, which may not appeal to all savers. Overall, it is a solid option for those comfortable with online banking.

Savings Account: In-Depth View

Savings Account Offered by Bread Savings

Feature	High-Yield Savings Account
APY	4.20% (as of 11/16/2025)
APY Trend	-0.05% QoQ
Minimum Deposit	$100
Minimum Balance for APY	$0
FDIC-insured	Yes
Online Only	Yes
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Daily
Maintenance Fee	$0
Eligibility	United States
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for Bread Savings

All calculations are based on APY.

Savings Product:

High-Yield Savings Account (APY: 4.20%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,650.7 (10.55%)
Total contributions: $13,000 (83.06%)
Initial deposit: $1,000 (6.39%)

Your total balance

$15,650.70

Effective APY: 4.20% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Bread Savings Savings Rates Over Time

Historical APY Insights

Metric	High-Yield Savings Account
Latest APY	4.20 %
Trend	Sideways
Slope (bps/mo)	-2.6
Rate Changes / Mo	0.54
Days Since Last Change	37
High (-11 m)	4.60 %
Low (-11 m)	4.20 %
Draw-down from High	-8.7 %
Volatility (CV)	0.020

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 11 months (regression slope).
Slope (bps/mo): Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo: Typical number of APY moves per month.
Days Since Last Change: Recency of the latest APY adjustment.
High (-11 m): Highest APY in the last 334 days.
Low (-11 m): Lowest APY in the last 334 days.
Draw-down from High: How far today sits below the 11-month peak.
Volatility (CV): Coefficient of variation = stdev ÷ mean.

Why Track Savings-Account APYs?

See how quickly a bank reacts to Fed moves or competition.
Gauge “twitchiness” - frequent moves can annoy savers.
Spot if you're buying near a peak (draw-down) or riding a rise.
Slope (bps/mo) shows speed of change.
Volatility (CV) scales jumps by average level.

Compare Bread Savings' Savings Account

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BrioDirect - 4.00% APY
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Carver Bank - 4.00% APY
Charles Schwab Bank - 0.15% APY
Chase Bank - 0.01% APY
Chime - 1.00-3.50% APY
CIBC Bank USA - 3.92% APY
CIT Bank - 0.25-3.85% APY
Citibank - 3.35% APY
Citizens Access™ - 3.35% APY
Colorado Federal Savings Bank - 4.05% APY
ConnectOne Bank - 3.60% APY
Customers Bank - 3.73% APY
Discover Bank - 3.40% APY
Elevault - 4.08% APY
E*TRADE from Morgan Stanley - 3.75% APY
EverBank - 4.05% APY
Evergreen Bank Group - 4.25% APY
First Foundation Bank - 4.00% APY
Fitness Bank - 4.75% APY
Flagstar Bank - 3.65% APY
FNBO Direct - 3.00% APY
Forbright Bank - 4.00% APY
FVCbank - 3.85% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Ivy Bank - 0.05-4.25% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 3.90% APY
Marcus by Goldman Sachs - 3.65% APY
MutualOne Bank - 4.07% APY
My Banking Direct - 4.02% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.50% APY
Newtek Bank - 4.35% APY
Northeast Bank - 3.00% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.20% APY
Pibank - 4.60% APY
PNC - 3.53% APY
Poppy Bank - 4.00% APY
Popular Direct - 4.00% APY
Presidential Bank - 3.75-4.25% APY
Prime Alliance Bank - 3.90% APY
Primis Bank - 3.85% APY
Quontic Bank - 3.75% APY
RBMAX - 3.90% APY
Rising Bank - 3.95% APY
ROGER - 3.87% APY
Salem Five Direct - 3.71% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.01% APY
SmartyPig - 3.90% APY
SoFi Bank - 4.30% APY
Synchrony Bank - 3.80% APY
TAB Bank - 3.80% APY
TD Bank - 0.05-2.75% APY
The State Exchange Bank - 3.96% APY
TIMBR - 4.40% APY
UFB Direct - 3.51-3.71% APY
Upgrade - 3.05% APY
Valley Direct - 4.10% APY
Varo Bank - 2.50-5.00% APY
Vio Bank - 4.21% APY
Wealthfront - 3.50-4.15% APY
Wells Fargo - 0.05-0.05% APY
Western Alliance Bank - 4.05% APY
Zynlo Bank - 4.20% APY

Feature	Bread Savings	Select a bank...
Product	High-Yield Savings Account	N/A
APY	4.20% (as of 11/16/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Daily	N/A
Minimum Deposit	$100	N/A
Minimum Balance for APY	$0	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A

Alternatives to Bread Savings

Banks with Higher/Similar Savings APY

For a top list of the highest savings rates, see all HYSA top rates

Presidential Bank

Advantage Savings: 4.25% APY

Bundled Savings & Checking Account

Minimum Deposit: $5,000

Direct Deposit: To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.

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High-Yield Savings Account: 4.25% APY

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Eligible States: Limited (see details)

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Jenius Savings: 4.20% APY

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