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

Compare CD Rates

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

Provider ↕Rate ↓Term ↕Min Deposit
First National Bank of America4.30% APY5 years$1,000Learn more
Connexus Credit Union4.30% APY17 months$5,000Learn more
NASA Federal Credit Union4.20% APY49 months$10,000Learn more
Climate First Bank4.07% APY6 months$500Learn more
Popular Direct4.05% APY1 year$10,000Learn more
OMB Bank4.05% APY3 months$1,000Learn more
Sallie Mae Bank4.00% APY5 years$2,500Learn more
Newtek Bank4.00% APY6 months$2,500Learn more
LendingClub3.40% APY5 years$500Learn more
Wells Fargo1.50% APY1 year$2,500Learn more
Bank of America0.03% APY1 year$1,000Learn more

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