Bread Savings: Savings Account & Rates
Mission: Banksparency aims to make Bread Savings' savings account transparent and comparable to the market.
Savings Overview
High-Yield Savings Account
| Min. Deposit | $100 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.21% APY.
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.
- Zelle® SupportNo SupportStandard ACH or Wire transfers only.
- Deposit InsuranceFDIC Insured(Cert: 57570)
Our Take on Bread Savings
The Good
- Competitive 4.05% APY
- No monthly maintenance fees
- Highly rated mobile apps (iOS: 4.7, Android: 4.6)
Considerations
- No physical branch access (online only)
Bread Savings offers a High-Yield Savings Account with a competitive APY of 4.05%. There are no monthly maintenance fees, and the account is accessible through highly rated mobile apps (iOS: 4.7, Android: 4.6). Importantly, there are no requirements for direct deposit or checking accounts, and there are no promotional or tiered rates to consider. However, please note that this is an online-only bank, meaning there is no access to physical branches.
Top Market Contenders
Savings Account: In-Depth View
Savings Account Offered by Bread Savings
| Feature | High-Yield Savings Account |
|---|---|
APY | 4.05%Verified: 1/6/2026 |
APY Trend | 30 days ↘︎ 0.05% 90 days ↘︎ 0.20% |
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
Savings Breakdown
- Interest Earned+$1,588.70(10.2%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,588.70
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 | 4.05% |
Trend | Sideways |
Slope (bps/mo) | -2.9 |
Rate Changes / Mo | 0.66 |
Days Since Last Change | 18 |
High (-12m) | 4.50% |
Low (-12m) | 4.05% |
Draw-down | -10.0% |
Volatility (CV) | 0.025 |
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 | 4.05%Verified: 1/6/2026 | - |
APY Trend | 30 days ↘︎ 0.05% 90 days ↘︎ 0.20% | - |
| 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 4.05% with other banks
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