Bread Savings: Savings Accounts & Rates

Savings rates updated: 8/15/2025

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

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

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Savings Overview

High-Yield Savings Account: 4.25% APY(Rank 21 out of 81 tracked HYSAs)

Minimum Deposit: $100 | Online Only

National Savings Interest Rate: 0.38% (as of 7/21/2025)

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 (Comenity Capital Bank))

App Store Rating: 4.6/5

Google Play Rating: 4.4/5

Website: Visit Bread Savings

Our Take on Bread Savings

Highlights

Current APY of 4.25%, unchanged from 30 days ago.
No maintenance fees or minimum balance requirements.
A+ BBB rating, indicating high trustworthiness.
High App Store rating of 4.6.

Considerations

Online-only bank with no physical branches.
Minimum deposit requirement of $100.
Direct deposit not required but may limit options.
Google Play rating is lower at 4.4.

Summary: Bread Savings offers a competitive APY of 4.25% on its High-Yield Savings Account, with no maintenance fees and an A+ BBB rating. However, it operates online only, lacks physical branches, and requires a minimum deposit of $100. While direct deposit is not mandatory, it could restrict some users. Overall, the bank's high ratings on both app platforms enhance its appeal for savers.

Savings Account: In-Depth View

Savings Account Offered by Bread Savings

Feature	High-Yield Savings Account
APY	4.25% (as of 8/15/2025)
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: 4.25%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,671.4 (10.67%)
Total contributions: $13,000 (82.95%)
Initial deposit: $1,000 (6.38%)

Your total balance

$15,671.40

Effective APY: 4.25% (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	4.25 %
Trend	Sideways
Slope (bps/mo)	-3.1
Rate Changes / Mo	0.62
Days Since Last Change	37
High (-8 m)	4.60 %
Low (-8 m)	4.25 %
Draw-down from High	-7.6 %
Volatility (CV)	0.017

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 8 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 (-8 m): Highest APY in the last 243 days.
Low (-8 m): Lowest APY in the last 243 days.
Draw-down from High: How far today sits below the 8-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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Pibank - 4.60% APY
PNC - 3.95% APY
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Presidential Bank - 4.00-4.50% APY
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Primis Bank - 4.20% APY
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Rising Bank - 4.30% APY
ROGER - 4.12% APY
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SoFi Bank - 3.80% APY
Synchrony Bank - 3.80% APY
TAB Bank - 4.15% APY
TD Bank - 0.05-3.00% APY
The State Exchange Bank - 3.05% APY
TIMBR - 4.40% APY
UFB Direct - 4.01-4.21% APY
Upgrade - 4.02% APY
Valley Direct - 4.30% APY
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Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	Bread Savings	Select a bank...
Product	High-Yield Savings Account	N/A
APY	4.25% (as of 8/15/2025)	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