American Express vs. Bread Savings
Compare rates, requirements, and features side-by-side to find the best option for you.
American Express
High Yield Savings Account
3.40%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppShow Fine Print & Trends Hide Details
American Express
High Yield Savings Account
Bread Savings
High-Yield Savings Account
4.10%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Bread Savings
High-Yield Savings Account
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
American Express vs. Bread Savings Savings Calculator
Bread Savings earns $448.9 more than American Express.
American Express
High Yield Savings Account
Savings Breakdown
- Interest Earned+$2,050.50(10.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,050.50
Bread Savings
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,499.40(12.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,499.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing American Express vs. Bread Savings
Why American Express?
No distinct advantages found vs Bread Savings.
Why Bread Savings?
- ✓Higher potential APY (4.10% vs 3.40%) on all balances
- ✓Higher rated Android app (4.5 vs 3.6)
— Key Feature Differences —
Better Returns at $10,000
Bread SavingsBread Savings's High-Yield Savings Account earns more on smaller deposits (approx. $410 vs $340/yr).
Better Returns at $25,000
Bread SavingsBread Savings's High-Yield Savings Account pulls ahead with larger amounts (approx. $1025 vs $850/yr).
Best for Simplicity
Bread SavingsBread Savings's High-Yield Savings Account offers 4.10% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Bread Savings's High-Yield Savings Account pays $70 more interest on a $10,000 balance than American Express's High Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Bread Savings offers a High-Yield Savings Account with an attractive APY of 4.10%, making it the winner compared to American Express's High Yield Savings Account, which has an APY of 3.40%. Both accounts have no maintenance fees and are online-only, but Bread Savings requires a minimum deposit of $100, while American Express has no minimum deposit requirement. Additionally, Bread Savings's account is noted for its simplicity, with no direct deposit requirement or caps on earnings. This makes Bread Savings a better choice for those seeking higher returns.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both American Express and Bread Savings.
| Feature | American Express | Bread Savings |
|---|---|---|
| APY | 3.40% Verified: 12/10/2025 ↘︎ 0.10%90d Change | 4.10% Verified: 12/10/2025 ↘︎ 0.15%90d Change |
| Product Name | High Yield Savings Account | High-Yield Savings Account |
| Minimum Deposit | $0 | $100 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android3.6 | iOS4.7 Android4.5 |
| BBB Rating | F | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | American Express | Bread Savings |
|---|---|---|
| High Yield Savings Account | High-Yield Savings Account | |
Current APY | 3.40% | 4.10% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.3 | -2.6 |
Days Since Change | 14 | 5 |
11-Month High | 3.80% | 4.40% |
11-Month Low | 3.40% | 4.10% |
Adjustments / Mo | 0.37 | 0.56 |
Volatility Score | 0.031 | 0.020 |
How to read these metrics(Click to expand)
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