Bread Savings vs. Carver Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Bread SavingsHigh-Yield Savings Account Jan 7, 2026 | Carver BankHigh Yield Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.05% | 4.00% |
Est. Earnings | $5,000+$203 $10,000+$405 $25,000+$1,013 | $5,000+$200 $10,000+$400 $25,000+$1,000 |
Min Deposit | $100 | $5,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android App | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Bread Savings vs. Carver Bank
As of Bread Savings offers an APY of 4.05% for its High-Yield Savings Account, with a minimum balance of $0, compared to Carver Bank's 4.00% APY for its High Yield Savings account, with a minimum balance of $5,000.
Bread Savings pays $5 more than Carver Bank on a $10,000 balance after one year. Bread Savings pays $405, while Carver Bank pays $400 - an APY advantage for Bread Savings.
Why Bread Savings?
No distinct advantages found vs Carver Bank.
Why Carver Bank?
- ✓Fast transfers via Zelle®
Shared Benefits
Over a 1-year period, Bread Savings's High-Yield Savings Account pays $5 more interest on a $10,000 balance than Carver Bank's High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Bread Savings offers a High-Yield Savings Account with a competitive APY of 4.05%, making it the winner in this comparison. This account requires a minimum deposit of $100, has no maintenance fees, and is online-only, allowing for daily compounding. In contrast, Carver Bank’s High Yield Savings provides a slightly lower APY of 4.00% but requires a significantly higher minimum deposit of $5,000 to avoid a maintenance fee. Both accounts do not require direct deposit, but Bread Savings stands out with its higher yield and lower entry barrier.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Bread Savings vs. Carver Bank Savings Calculator
You earn $5 more with Bread Savings than Carver Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Bread Savings
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$405.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,405.00
Carver Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$400.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,400.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Bread Savings | Carver Bank |
|---|---|---|
| APY | 4.05% Verified: 1/7/2026 ↘︎ 0.20%90d Change | 4.00% Verified: 1/7/2026 Stable (90d) |
| Product Name | High-Yield Savings Account | High Yield Savings |
| Minimum Deposit | $100 | $5,000 |
| Min. Balance for APY | $0 | $5,000 |
| Monthly Fee | $0 | $0, of minimum balance requirement met. Otherwise $6. |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.6 | iOS4.7 Android4.5 |
| Zelle® Support | Not Supported | Available Full native integration in digital banking. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Bread Savings Non-sponsored link to official site | Visit SiteVerify at Carver Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bread Savings | Carver Bank |
|---|---|---|
| High-Yield Savings Account | High Yield Savings | |
Current APY | 4.05% | 4.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.0 | -1.0 |
Days Since Change | 19 | 309 |
11-Month High | 4.40% | 4.25% |
11-Month Low | 4.05% | 4.00% |
Adjustments / Mo | 0.61 | 0.09 |
Volatility Score | 0.025 | 0.017 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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