Bread Savings

Last Updated: 6/20/2025

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

Quick Views

High-Yield Savings Account: 4.30% APY(Rank 16 out of 74 tracked HYSAs)

Minimum Deposit: $100 | Online Only

National Savings Interest Rate: 0.42% (as of 5/19/2025)

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

BBB Rating: A+ (BBB Accredited (Comenity Capital Bank))

App Store Rating: 4.6/5

Google Play Rating: 4.6/5

Website: Visit Bread Savings

Our Take on Bread Savings

Highlights

High-Yield Savings Account offers 4.30% APY with no maintenance fees.
No minimum balance requirement for the High-Yield Savings Account.
A+ BBB rating indicates strong trustworthiness.
App Store and Google Play ratings are both 4.6.

Considerations

No physical branches available for in-person banking.
Direct deposit is not required, which may limit some features.
Current APY has not changed from 30 days ago.
Only one savings account option available.

Summary: Bread Savings offers a competitive 4.30% APY on its High-Yield Savings Account with no maintenance fees or minimum balance requirements. Its A+ BBB rating and high app ratings reflect trustworthiness and user satisfaction. However, the bank lacks physical branches and only provides one savings account option. Additionally, while direct deposit is not mandatory, it may restrict certain features for users seeking flexibility.

Savings Account

Savings Account Offered by Bread Savings

Feature	High-Yield Savings Account
APY	4.30% (as of 6/20/2025)
APY Trend	Stable for the last month
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
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: 4.30%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $4 (3.85%)
Total contributions: $0 (0.00%)
Initial deposit: $100 (96.15%)

Your total balance

$104.00

Effective APY: 4.30% (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	4.30 %
Trend	Sideways
Slope (bps/mo)	-3.1
Rate Changes / Mo	0.65
Days Since Last Change	43
High (-6 m)	4.60 %
Low (-6 m)	4.30 %
Draw-down from High	-6.5 %
Volatility (CV)	0.014

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 6 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 (-6 m): Highest APY in the last 186 days.
Low (-6 m): Lowest APY in the last 186 days.
Draw-down from High: How far today sits below the 6-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.

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Feature	Bread Savings	Select a bank...
Product	High-Yield Savings Account	N/A
APY	4.30% (as of 6/20/2025)	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