Bread Savings vs. Chime
Compare rates, requirements, and features side-by-side to find the best option for you.
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
Chime
Chime High-Yield Savings Account
Up to3.50%APYDec 10, 2025FDIC InsuredDirect Deposit ReqChecking BundleNo MinimumsGreat iOS AppGreat Android AppRange: 1.00% – 3.50%Show Fine Print & Trends Hide Details
Chime
Chime 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.
Bread Savings vs. Chime Savings Calculator
Bread Savings earns $385.3 more than Chime.
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
Chime
Chime High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,114.10(10.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,114.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Bread Savings vs. Chime
Why Bread Savings?
- ✓Higher potential APY (4.10% vs 3.50%) on all balances
- ✓No checking account or direct deposit required
Why Chime?
No distinct advantages found vs Bread Savings.
— Key Feature Differences —
Better Returns at $10,000
Bread SavingsBread Savings's High-Yield Savings Account earns more on smaller deposits (approx. $410 vs $350/yr).
Better Returns at $25,000
Bread SavingsBread Savings's High-Yield Savings Account pulls ahead with larger amounts (approx. $1025 vs $875/yr).
Best for Simplicity
Bread SavingsBread Savings's High-Yield Savings Account offers 4.10% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
ChimeChime offers an iOS app rated 4.8 (vs. 4.7) and Android app rated 4.7 (vs. 4.5)
Shared Benefits
Over a 1-year period, Bread Savings's High-Yield Savings Account pays $60 more interest on a $10,000 balance than Chime's Chime 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 appealing 4.10% APY, making it the clear winner compared to Chime's High-Yield Savings Account, which provides a lower 3.50% APY. Bread Savings stands out for its simplicity, requiring no direct deposit and having no maintenance fees, while also allowing a minimum deposit of just $100. In contrast, Chime requires a qualifying direct deposit of $200 or more within the preceding 34 days to earn its APY. Both accounts are online-only, providing convenient access to savings.
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 Bread Savings and Chime.
| Feature | Bread Savings | Chime |
|---|---|---|
| APY | 4.10% Verified: 12/10/2025 ↘︎ 0.15%90d Change | 3.50% Range: 1.00% - 3.50% Verified: 12/10/2025 ↘︎ 0.25%90d Change |
| Product Name | High-Yield Savings Account | Chime High-Yield Savings Account |
| Minimum Deposit | $100 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | RequiredYou need to receive a qualifying direct deposit of $200 or more within the preceding 34 days |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.7 Android4.5 | iOS4.8 Android4.7 |
| BBB Rating | A+ | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bread Savings | Chime |
|---|---|---|
| High-Yield Savings Account | Chime High-Yield Savings Account | |
Current APY | 4.10% | 3.50% |
Trend | Stable | Stable |
Velocity (bps/mo) | -2.6 | 11.9 |
Days Since Change | 5 | 55 |
10-Month High | 4.40% | 3.75% |
10-Month Low | 4.10% | 2.00% |
Adjustments / Mo | 0.57 | 0.19 |
Volatility Score | 0.020 | 0.192 |
How to read these metrics(Click to expand)
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