Bread Savings: Savings Account & Rates

By Aviel Fahl

Updated: 2/20/2026

Mission: Banksparency aims to make Bread Savings' savings account transparent and comparable to the market.

Interest rates reported as APY

Analysis of Bread Savings

Our verdict

Bread Savings offers a high-yield savings account paying 4.00% APY with a $100 minimum deposit.

At 4.00% APY, Bread Savings pays 10x the national average (0.39%). Ranks in the top tier of 99+ accounts tracked.

Ideal User Profile

Best for: earning a top rate with no strings attached and banking without needing a branch.

Key Differentiators

Stands out with top-rated iOS app (4.7), highly-rated Android app (4.6), A+ BBB rating.

Savings Overview

High-Yield Savings Account

Top 20 Rate

4.00% APY

Rate Adjusted

-0.15%

Since 90 days ago

Min: $100 Online Only

Min. Deposit	$100
Min. Balance	$0
Maintenance Fee	$0

Rank #19 of 99 tracked.

Market Reality Check

This bank offers rates below the current top tier. The best rates we track are currently above 4.15% APY.

See Top Rates

National Avg: 0.39% (FDIC, 1/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationColumbus, Ohio
Founded2003
AffiliationBread 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.
Ratings & Trust
4.7iOS 4.6Android A+BBB BBB Accredited (Information provided is for Comenity Capital Bank)
Zelle® SupportNo Support
Standard ACH or Wire transfers only.
Deposit InsuranceFDIC Insured(Cert: 57570)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$0
Min. Balance in Savings Account	$0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.6

The 4.21% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

PREMIUM ACCOUNT, GENEROUS BONUS

SponsoredVerified Feb 20, 2026

FDIC Insured

CIT Bank - Platinum Savings

Competitive APY - with a balance of $5,000+
Earn up to $300 bonus with qualifying deposit
Highly rated mobile apps

FDIC Insured

Savings3.75%APY

Up to$300Bonus

Go to CIT Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$5,000
Mobile Ratings	iOS:4.8 Android:4.7

This is a tiered savings account, where the 3.75% APY requires meeting the $5,000 balance requirement. Lower balances earn an APY of 0.25%.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Feb 20, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.50%APY

Go to Quontic Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$0
Mobile Ratings	iOS:4.8 Android:4.8

Top Market Contenders

Marcus by Goldman Sachs

3.65% APY

vs. Bread Savings

Axos Bank

4.21% APY

vs. Bread Savings

American Express

3.30% APY

vs. Bread Savings

Popular Peer Comparisons

American Express vs Capital One Ally Bank vs Marcus by Goldman Sachs Capital One vs Chime EverBank vs SoFi Bank Ally Bank vs Capital One Barclays vs Marcus by Goldman Sachs

Savings Account: In-Depth View

Savings Account Offered by Bread Savings

Feature	High-Yield Savings Account
APY	4.00%Verified: 2/20/2026
APY Trend	Rate Adjusted -0.15% Since 90 days ago
Min. Deposit	$100
Min. Balance	$0
Monthly Fee	$0
Direct Deposit	None
Checking Bundle	No
Branch Access	None
Compounding	Daily
FDIC Insured	Yes
Eligibility	United States
Next Steps	-

Calculate Savings for Bread Savings

All calculations are based on APY.

Selected Product

High-Yield Savings Account4.00% APY

Initial Deposit

Recurring Deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$1,568.10(10.1%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$15,568.10

Effective APY

4.00%

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

Last 12 Months

Metric	High-Yield Savings Account
Latest APY	4.00%
Trend	Sideways
Slope (bps/mo)	-3.5
Rate Changes / Mo	0.66
Days Since Last Change	35
High (-12m)	4.40%
Low (-12m)	4.00%
Draw-down	-9.1%
Volatility (CV)	0.030

How to read these metrics▼

Trends & Velocity

Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
Slope (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
Rate Changes / Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

High/Low: The absolute ceiling and floor of the rate during the 365-day window.
Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.

Compare with Bread Savings

Feature	Current View Bread Savings	Empty Slot
Product	High-Yield Savings Account	-
APY	4.00%Verified: 2/20/2026	-
APY Trend	Rate Adjusted -0.15% Since 90 days ago	-
Min. Deposit	$100	-
Monthly Fee	$0	-
Direct Deposit	No	-
Checking Bundle	No	-
Branch Access	None	-
Eligibility	United States	-
Compounding	Daily	-
FDIC Insured	Yes	-
Next Steps	-	-

Bank-to-Bank Comparisons

Compare Bread Savings' APY of 4.00% with other banks

Bank Pair	Competitor APY	Min Deposit
Bread Savings vs Ally Bank	3.20%	$0
Bread Savings vs American Express	3.30%	$0
Bread Savings vs Axos Bank	4.21%	$0
Bread Savings vs Bank of America	0.01%	$100
Bread Savings vs Barclays	3.85%	$0
Bread Savings vs Capital One	3.30%	$0
Bread Savings vs Chase Bank	0.01%	$0
Bread Savings vs Chime	3.00%	$0
Bread Savings vs CIT Bank	3.75%	$100
Bread Savings vs Citibank	3.20%	$0
Bread Savings vs Discover Bank	3.30%	$0
Bread Savings vs EverBank	3.90%	$0
Bread Savings vs Marcus by Goldman Sachs	3.65%	$0
Bread Savings vs Newtek Bank	4.20%	$0.01
Bread Savings vs Openbank	4.09%	$500
Bread Savings vs Pibank	4.60%	$0
Bread Savings vs SoFi Bank	4.00%	$0
Bread Savings vs Synchrony Bank	3.50%	$0
Bread Savings vs Varo Bank	5.00%	$0
Bread Savings vs Wealthfront	3.95%	$0
Bread Savings vs Wells Fargo	0.05%	$25