Bread Savings 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

Bread Savings4.6/5

Rate (APY)
4.00% APY
Term
6 months
Minimum Deposit
$1,500
Promotion
N/A
Apply Now →on Bread Savings's website

Bread Savings shines for its daily compounding interest, which can significantly enhance earnings over the term of the CD. Although the minimum deposit is higher at $1,500, the 4.00% APY remains competitive in the current market.

Pros:

  • Daily compounding interest
  • Reputable online bank

Cons:

  • Higher minimum deposit requirement

In summary, Bread Savings is an excellent choice for those who can meet the $1,500 minimum deposit and are seeking a competitive 4.00% APY with the added benefit of daily compounding interest, making it particularly well-suited for individuals looking to maximize their short-term savings.

Frequently Asked Questions

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Summary of all rates from our cd rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
Bread Savings4.75% APY5 years$1,500Learn more
America First Federal Credit Union4.10% APY5 years$500Learn more
Vibrant Credit Union4.10% APY6 months$5Learn more
CommunityWide Federal Credit Union4.10% APY6 months$1,000Learn more
Popular Direct4.10% APY6 months$10,000Learn more
Newtek Bank4.10% APY6 months$2,500Learn more
Live Oak Bank Personal4.10% APY12 months$2,500Learn more
Limelight Bank4.03% APY1 year$1,000Learn more
Marcus by Goldman Sachs4.00% APY1 year$500Learn more
Sallie Mae4.00% APY5 years$2,500Learn more
Marcus by Goldman Sachs High-Yield4.00% APY12 months$500Learn more
TAB Bank3.90% APY12 months$1,000Learn more
My Banking Direct3.80% APY6 months$2,500Learn more
Synchrony Bank3.75% APY5 years$0Learn more
BMO Alto3.60% APY5 years$0Learn more
LendingClub3.50% APY1 year$500Learn more

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