Bread Savings: Savings Accounts & Rates

Savings rates updated: 10/1/2025

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

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

Savings Overview

High-Yield Savings Account: 4.25% APY(Rank 16 of the 20 Best Savings Rates)

Minimum Deposit: $100 | Online Only

National Savings Interest Rate: 0.4% (as of 9/15/2025)

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: 4.7/5

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 with accreditation.
  • High App Store rating of 4.7.

Considerations

  • No physical branches available.
  • Requires a minimum deposit of $100 to open.
  • No direct deposit option mentioned.
  • Online-only account may limit access.
Summary: Bread Savings offers a competitive APY of 4.25% on its High-Yield Savings Account, with no maintenance fees or minimum balance requirements. It has an A+ BBB rating and a strong App Store rating of 4.7. However, it operates entirely online with no branches, requires a $100 minimum deposit to open, and does not mention a direct deposit option. Overall, it's a solid choice for savers comfortable with online banking.

Savings Account: In-Depth View

Savings Account Offered by Bread Savings

FeatureHigh-Yield Savings Account
APY
4.25% (as of 10/1/2025)
APY Trend-0.05% QoQ
Minimum Deposit$100
Minimum Balance for APY$0
FDIC-insured
Yes
Online OnlyYes
Bundled Account
No
Direct Deposit Required
No
Compound Frequency
Daily
Maintenance Fee$0
EligibilityUnited States
Sponsored Link

No deposit agreement summary available for this bank.

Calculate Savings for Bread Savings

All calculations are based on APY.

High-Yield Savings Account (APY: 4.25%)

Deposit Frequency:

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

MetricHigh-Yield Savings Account
Latest APY4.25 %
TrendSideways
Slope (bps/mo)-2.7
Rate Changes / Mo0.52
Days Since Last Change83
High (-9 m)4.60 %
Low (-9 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 9 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 (-9 m)
Highest APY in the last 288 days.
Low (-9 m)
Lowest APY in the last 288 days.
Draw-down from High
How far today sits below the 9-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

  • Affirm - 3.60% APY
  • All America Bank - 1.50-3.25% APY
  • Ally Bank - 3.40% APY
  • Amalgamated Bank - 2.25% APY
  • American Express - 3.50% APY
  • Ameriprise Bank - 3.15-3.15% APY
  • Axos Bank - 4.46% APY
  • Bank5 Connect - 4.05% APY
  • Bank of America - 0.01% APY
  • Barclays - 3.90-4.10% APY
  • Bask Bank - 4.05% APY
  • Betterment - 3.75% APY
  • BMO Alto - 3.25% APY
  • BrioDirect - 4.30% APY
  • Capital One - 3.40% APY
  • Carver Bank - 4.00% APY
  • Charles Schwab Bank - 0.15% APY
  • Chase Bank - 0.01% APY
  • Chime - 1.25-3.75% APY
  • CIBC Bank USA - 4.02% APY
  • CIT Bank - 0.25-3.85% APY
  • Citibank - 3.40% APY
  • Citizens Access™ - 3.50% APY
  • Colorado Federal Savings Bank - 4.15% APY
  • ConnectOne Bank - 3.85% APY
  • Customers Bank - 3.98% APY
  • Discover Bank - 3.40% APY
  • Elevault - 4.34% APY
  • E*TRADE from Morgan Stanley - 3.75% APY
  • EverBank - 4.05% APY
  • Evergreen Bank Group - 4.25% APY
  • First Foundation Bank - 4.10% APY
  • Fitness Bank - 4.75% APY
  • Flagstar Bank - 4.00% APY
  • FNBO Direct - 3.25% APY
  • Forbright Bank - 4.25% APY
  • FVCbank - 4.10% APY
  • GO2bank - 4.50% APY
  • High Plains Bank - 0.23-3.82% APY
  • Jenius Bank - 4.20% APY
  • LendingClub - 3.20-4.20% APY
  • Live Oak Bank - 4.00% APY
  • Marcus by Goldman Sachs - 3.65% APY
  • MutualOne Bank - 4.07% APY
  • My Banking Direct - 4.30% APY
  • MySavingsDirect - 3.75% APY
  • Neighbors Bank - 4.60% APY
  • Newtek Bank - 4.35% APY
  • OMB Bank - 1.00% APY
  • Openbank - 4.20% APY
  • Peak Bank - 4.20% APY
  • Pibank - 4.60% APY
  • PNC - 3.85% APY
  • Poppy Bank - 4.25% APY
  • Popular Direct - 4.10% APY
  • Presidential Bank - 4.00-4.50% APY
  • Prime Alliance Bank - 3.90% APY
  • Primis Bank - 3.85% APY
  • Quontic Bank - 3.75% APY
  • RBMAX - 3.90% APY
  • Rising Bank - 4.20% APY
  • ROGER - 3.87% APY
  • Salem Five Direct - 4.01% APY
  • Sallie Mae Bank - 3.90% APY
  • Santander Bank - 0.01% APY
  • SmartyPig - 3.90% APY
  • SoFi Bank - 4.50% APY
  • Synchrony Bank - 3.80% APY
  • TAB Bank - 3.80% APY
  • TD Bank - 0.05-3.00% APY
  • The State Exchange Bank - 4.11% APY
  • TIMBR - 4.40% APY
  • UFB Direct - 3.90-4.10% APY
  • Upgrade - 3.42% APY
  • Valley Direct - 4.10% APY
  • Varo Bank - 2.50-5.00% APY
  • Wells Fargo - 0.05-2.51% APY
  • Western Alliance Bank - 4.10% APY
  • Zynlo Bank - 4.35% APY
FeatureBread SavingsSelect a bank...
ProductHigh-Yield Savings Account N/A
APY
4.25% (as of 10/1/2025)N/A
Bundled Account
NoN/A
FDIC-insured
YesN/A
Online OnlyYesN/A
Compound Frequency
DailyN/A
Minimum Deposit$100N/A
Minimum Balance for APY$0N/A
Maintenance Fee$0N/A
Direct Deposit Required
NoN/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

Newtek Bank

Personal High Yield Savings: 4.35% APY

Minimum Deposit: $0

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Colorado Federal Savings Bank

High Yield Savings: 4.10% APY

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Presidential Bank

Advantage Savings: 4.50% APY

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Minimum Deposit: $5,000

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

SoFi Bank

SoFi Savings: 4.50% APY

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Minimum Deposit: $0

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Pibank

Pibank Savings: 4.60% APY

Minimum Deposit: $0

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The State Exchange Bank

High-Yield Savings Account, powered by Raisin: 4.11% APY

Minimum Deposit: $1

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GO2bank

High Yield Savings: 4.50% APY

Minimum Deposit: $0

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BrioDirect

High-Yield Savings Account: 4.30% APY

Minimum Deposit: $5,000

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Fitness Bank

Fitness Savings Account: 4.45% APY

Minimum Deposit: $100

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Fitness Elite Checking & Fitness Savings Combo: 4.75% APY

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Minimum Deposit: $100

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Evergreen Bank Group

High-Yield Online Savings: 4.25% APY (Inactive)

Minimum Deposit: $100

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Forbright Bank

Growth Savings: 4.25% APY

Minimum Deposit: $0

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Bright Savings: 3.65% APY

Minimum Deposit: $250

Eligible States: Limited (see details)

Sprout Savings: 3.65% APY

Minimum Deposit: $1

Eligible States: Limited (see details)