Bread Savings vs. Openbank
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
Openbank
High-Yield Savings Account
4.20%APYDec 10, 2025FDIC InsuredLow MinimumsShow Fine Print & Trends Hide Details
Openbank
High-Yield Savings Account
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Bread Savings vs. Openbank Savings Calculator
Openbank earns $64.9 more than Bread Savings.
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
Openbank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,564.30(12.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,564.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Bread Savings vs. Openbank
Why Bread Savings?
- ✓Higher rated iOS app (4.7 vs 3.1)
- ✓Higher rated Android app (4.5 vs 3.1)
Why Openbank?
- ✓Higher potential APY (4.20% vs 4.10%) on all balances
— Key Feature Differences —
Better Returns at $10,000
OpenbankOpenbank's High-Yield Savings Account earns more on smaller deposits (approx. $420 vs $410/yr).
Better Returns at $25,000
OpenbankOpenbank's High-Yield Savings Account pulls ahead with larger amounts (approx. $1050 vs $1025/yr).
Best Mobile App Experience
Bread SavingsBread Savings offers an iOS app rated 4.7 (vs. 3.1) and Android app rated 4.5 (vs. 3.1)
Shared Benefits
Over a 1-year period, Openbank's High-Yield Savings Account pays $10 more interest on a $10,000 balance than Bread Savings's High-Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Openbank offers a High-Yield Savings Account with a competitive APY of 4.20%, making it the winner in this comparison. This account requires a minimum deposit of $500 and compounds interest monthly. In contrast, Bread Savings provides a similar product with a slightly lower APY of 4.10%, requiring a minimum deposit of only $100 and compounding interest daily. Both banks are online-only and do not charge maintenance fees, but Openbank's account is noted for providing better returns at various deposit levels, particularly advantageous for larger amounts.
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 Openbank.
| Feature | Bread Savings | Openbank |
|---|---|---|
| APY | 4.10% Verified: 12/10/2025 ↘︎ 0.15%90d Change | 4.20% Verified: 12/10/2025 Stable (90d) |
| Product Name | High-Yield Savings Account | High-Yield Savings Account |
| Minimum Deposit | $100 | $500 |
| 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 | iOS4.7 Android4.5 | iOS3.1 Android3.1 |
| BBB Rating | A+ | Not Rated |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bread Savings | Openbank |
|---|---|---|
| High-Yield Savings Account | High-Yield Savings Account | |
Current APY | 4.10% | 4.20% |
Trend | Stable | Stable |
Velocity (bps/mo) | -2.7 | -3.4 |
Days Since Change | 5 | 141 |
9-Month High | 4.40% | 4.75% |
9-Month Low | 4.10% | 4.20% |
Adjustments / Mo | 0.63 | 0.31 |
Volatility Score | 0.019 | 0.027 |
How to read these metrics(Click to expand)
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