American Express vs. Bread Savings
American Express's High Yield Savings Account pays 3.00% APY while Bread Savings's High-Yield Savings Account pays 3.95% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Bread Savings pays $95 more than American Express annually ($395 vs $300).
Choose American Express if you want Zelle for quick transfers. Choose Bread Savings if getting the best rate matters most, or BBB rating matters to you.
| Metric | American ExpressHigh Yield Savings Account Sep 14, 2026 | Bread SavingsHigh-Yield Savings Account Sep 14, 2026 |
|---|---|---|
| APY | 3.00% | 3.95% |
Earns in a year | $5,000+$150 $10,000+$300 $25,000+$750 | $5,000+$198 $10,000+$395 $25,000+$988 |
Min. Deposit | $0 | $100 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often |
Market Reality Check
Both of these institutions offer rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.20% APY.
Comparison Analysis
Comparing American Express vs. Bread Savings
Executive Summary
American Express held $171,554,868,000 at June 30, 2026, while Bread Savings held $10,991,696,000 at the same date. Bread Savings paid 3.7% on average on savings and money market deposits. Its savings account offers 3.95%. American Express paid 3.21% on average on savings and money market deposits. Its savings account offers 3%. Bread Savings has led since at least January 21, 2026, and has not changed its position since then.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why American Express?
- Fast transfers via Zelle®
Why Bread Savings?
- Higher potential APY (3.95% vs 3.00%) on all balances
Key Feature Differences
Better Returns at $10,000
Bread SavingsBread Savings's High-Yield Savings Account earns more on smaller deposits (approx. $395 vs $300/yr).
Better Returns at $25,000
Bread SavingsBread Savings's High-Yield Savings Account pulls ahead with larger amounts (approx. $988 vs $750/yr).
Better for Simplicity
Bread SavingsBread Savings's High-Yield Savings Account offers 3.95% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Bread Savings's High-Yield Savings Account pays $95 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.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
American Express vs. Bread Savings Savings Calculator
You earn $95 more with Bread Savings than American Express 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.
American Express
High Yield Savings Account
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
Bread Savings
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$395.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,395.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $295 a year in interest.
Both American Express and Bread Savings advertise far more than that typical branch-bank rate.
| Feature | American Express | Bread Savings |
|---|---|---|
| APY | 3.00% Observed: 9/14/2026 0.10%90-day change | 3.95% Observed: 9/14/2026 0.05%90-day 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 |
| Compound Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | 1 (UT) | 1 (UT) |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Requires Amex Rewards Checking; not available for standalone HYSA. | Not Supported |
| BBB Rating | F | A+ |
| Next Steps | Visit SiteVerify at American Express Non-sponsored link to official site | Visit SiteVerify at Bread Savings Non-sponsored link to official site |
What each bank pays on deposits
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
American Express
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, American Express paid a higher average rate on savings and money market deposits than 96% of banks that reported a figure (3,938 banks; FDIC call report). The all-bank median was 1.45%.
Each figure is that bank's own charter-level average across its whole deposit book, so the two are shown one after the other and are not a ranking.
Bread Savings
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Comenity Capital Bank paid a higher average rate on savings and money market deposits than 99% of banks that reported a figure (3,938 banks; FDIC call report). The all-bank median was 1.45%.
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the 3,938 banks that reported a figure for the quarter ending June 30, 2026.
CD rates, term by term
American Express lists CDs on Banksparency at 10, 11, 12, 14, 18, 22, 24, 36, 48 and 60 months. Bread Savings lists CDs at 3, 6, 9, 12, 18, 24, 36, 48 and 60 months. Each row below is one term, with the best rate each bank advertises for it.
| Term | American Express APY | Bread Savings APY | FDIC average (Aug 2026) |
|---|---|---|---|
| 12 months | 3.50% APYNo minimum | 4.15% APY$1,500 minimum | 1.71% |
| 3 months | Not listed here | 3.80% APY$1,500 minimum | 1.14% |
| 6 months | Not listed here | 4.00% APY$1,500 minimum | 1.41% |
| 9 months | Not listed here | 4.25% APY$1,500 minimum | |
| 10 months | 4.25% APYNo minimum | Not listed here | |
| 11 months | 3.50% APYNo minimum | Not listed here | 1.71%12-month average |
| 14 months | 3.50% APYNo minimum | Not listed here | |
| 18 months | 3.25% APYNo minimum | 4.35% APY$1,500 minimum | |
| 22 months | 4.00% APYNo minimum | Not listed here | |
| 24 months | 3.25% APYNo minimum | 4.25% APY$1,500 minimum | 1.57% |
| 36 months | 2.25% APYNo minimum | 4.25% APY$1,500 minimum | 1.34% |
| 48 months | 2.25% APYNo minimum | 4.25% APY$1,500 minimum | 1.27% |
| 60 months | 3.00% APYNo minimum | 4.25% APY$1,500 minimum | 1.36% |
Compare Savings Rates Over Time
Historical Performance
| Metric | American Express | Bread Savings |
|---|---|---|
| High Yield Savings Account | High-Yield Savings Account | |
Current APY | 3.00% | 3.95% |
Trend | Stable | Stable |
Speed of change | -0.05 | -0.04 |
Days Since Change | 66 | 87 |
12-Month High | 3.50% | 4.25% |
12-Month Low | 3.00% | 3.95% |
Changes per month | 0.41 | 0.49 |
Steadiness | 0.030 | 0.020 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 364-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
Compare Similar High-Yield Accounts
Compare American Express vs...
Comparing against Standard Savings
Compare Bread Savings vs...
Comparing against Standard Savings
High Rates (With Checking Bundle)
Looking for something different? Check out these top-rated alternatives.
More Comparisons
Compare American Express' APY of 3.00% with other banks
Compare Bread Savings' APY of 3.95% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Bread Savings vs Ally Bank | 3.00% | $0 |
| Bread Savings vs Axos Bank | 4.21% | $0 |
| Bread Savings vs Barclays | 3.65% | $0 |
| Bread Savings vs Capital One | 3.50% | $0 |
| Bread Savings vs Chime | 3.75% | $0 |
| Bread Savings vs CIT Bank | 3.75% | $100 |
| Bread Savings vs EverBank | 3.90% | $0 |
| Bread Savings vs Marcus by Goldman Sachs | 3.40% | $0 |
| Bread Savings vs Newtek Bank | 4.20% | $100 |
| Bread Savings vs Openbank | 3.80% | $500 |
| Bread Savings vs Pibank | 4.10% | $0 |
| Bread Savings vs SoFi Bank | 4.00% | $0 |
| Bread Savings vs Synchrony Bank | 3.30% | $0 |
| Bread Savings vs Varo Bank | 3.75% | $0 |
| Bread Savings vs Wealthfront | 3.95% | $0 |