Bread Savings vs. Sallie Mae Bank
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
Sallie Mae Bank
High-Yield Savings Account
3.90%APYDec 10, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Sallie Mae Bank
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. Sallie Mae Bank Savings Calculator
Bread Savings earns $129.2 more than Sallie Mae Bank.
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
Sallie Mae Bank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,370.20(11.6%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,370.20
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Bread Savings vs. Sallie Mae Bank
Why Bread Savings?
- ✓Higher potential APY (4.10% vs 3.90%) on all balances
- ✓Higher rated iOS app (4.7 vs 1.5)
- ✓Higher rated Android app (4.5 vs 1.6)
Why Sallie Mae Bank?
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 $390/yr).
Better Returns at $25,000
Bread SavingsBread Savings's High-Yield Savings Account pulls ahead with larger amounts (approx. $1025 vs $975/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
Bread SavingsBread Savings offers an iOS app rated 4.7 (vs. 1.5) and Android app rated 4.5 (vs. 1.6)
Shared Benefits
Over a 1-year period, Bread Savings's High-Yield Savings Account pays $20 more interest on a $10,000 balance than Sallie Mae Bank'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 a competitive APY of 4.10%, making it the superior choice compared to Sallie Mae Bank's account, which has an APY of 3.90%. Both accounts are online-only and have no minimum balance requirements or maintenance fees. Bread Savings stands out for its simplicity, as it does not require direct deposit or bundling. Additionally, it provides a better return on larger deposits, making it an attractive option for savers looking to maximize their earnings.
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 Sallie Mae Bank.
| Feature | Bread Savings | Sallie Mae Bank |
|---|---|---|
| APY | 4.10% Verified: 12/10/2025 ↘︎ 0.15%90d Change | 3.90% Verified: 12/10/2025 Stable (90d) |
| Product Name | High-Yield Savings Account | High-Yield Savings Account |
| Minimum Deposit | $100 | $0 |
| 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 | iOS1.5 Android1.6 |
| BBB Rating | A+ | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bread Savings | Sallie Mae Bank |
|---|---|---|
| High-Yield Savings Account | High-Yield Savings Account | |
Current APY | 4.10% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -2.6 | -0.1 |
Days Since Change | 5 | 313 |
11-Month High | 4.40% | 4.00% |
11-Month Low | 4.10% | 3.90% |
Adjustments / Mo | 0.56 | 0.09 |
Volatility Score | 0.020 | 0.004 |
How to read these metrics(Click to expand)
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