Bread Savings isn’t a household name like Chase and Discover. That doesn’t prevent it from trouncing those heavyweight banks in some key categories.
Specifically, Bread Savings issues some of the highest-yield certificates of deposit (CDs), with the limitation that it’s an online-only bank. If you can stand to do your banking exclusively through your computer and phone, Bread Savings will reward you with annual percentage yields (APY) of up to 4.45%.
Let’s take a look at everything you need to know about Bread Savings CD offers and rates.
Rates are current as of July 29, 2025 and are subject to change.
Bread Savings CD rates and products
Bread Savings keeps its CDs pretty vanilla. Your choices are either a standard CD or an IRA CD. Both options have the same term lengths and return rates.
Bread Savings Standard CDs
When opening a Bread Savings CD, you can choose from nine term lengths. As of this writing, the APY can go as high as 4.45% depending on which term you choose. The scientific name for a return that high is “yowza.”
If you can meet the mandatory $1,500 opening deposit, a Bread Savings CD could be an excellent choice to earn interest with a relatively safe investment.
Bread Savings standard CD rates
| Term length | APY |
|---|---|
| 3 months | 3.80% |
| 6 months | 4.45% |
| 9 months | 3.80% |
| 12 months | 4.00% |
| 18 months | 3.80% |
| 24 months | 4.00% |
| 36 months | 4.00% |
| 48 months | 4.00% |
| 60 months | 4.00% |
| 3 months | |
|---|---|
| APY | 3.80% |
| 6 months | |
| APY | 4.45% |
| 9 months | |
| APY | 3.80% |
| 12 months | |
| APY | 4.00% |
| 18 months | |
| APY | 3.80% |
| 24 months | |
| APY | 4.00% |
| 36 months | |
| APY | 4.00% |
| 48 months | |
| APY | 4.00% |
| 60 months | |
| APY | 4.00% |
Bank details checked July 29, 2025
Bread Savings IRA CDs
IRA CDs can be beneficial if you’re looking for a safe investment for your individual retirement account (IRA). They offer tax advantages that a normal CD does not.
Bread Savings offers some excellent IRA CDs with identical term lengths and APYs to its standard CD lineup. You can choose to open a tax-deferred traditional IRA CD or a Roth IRA CD—which involves investing post-tax money but allows your money to grow and later be withdrawn tax free.
Bread Savings IRA CD rates
| Term length | APY |
|---|---|
| 3 months | 3.80% |
| 6 months | 4.45% |
| 9 months | 3.80% |
| 12 months | 4.00% |
| 18 months | 3.80% |
| 24 months | 4.00% |
| 36 months | 4.00% |
| 48 months | 4.00% |
| 60 months | 4.00% |
| 3 months | |
|---|---|
| APY | 3.80% |
| 6 months | |
| APY | 4.45% |
| 9 months | |
| APY | 3.80% |
| 12 months | |
| APY | 4.00% |
| 18 months | |
| APY | 3.80% |
| 24 months | |
| APY | 4.00% |
| 36 months | |
| APY | 4.00% |
| 48 months | |
| APY | 4.00% |
| 60 months | |
| APY | 4.00% |
Bank details checked July 29, 2025
Compare Bread Savings to competitors
For a relatively obscure brand, Bread Savings issues CDs that can keep up with just about anyone. An up to 4.45% APY is worth writing home to your mother about. Still, some financial institutions may offer even higher returns. Here’s a look at some of its competitors.
 Bread Savings |  Discover |  Northern Bank Direct |
|---|---|---|
| 6 months | 6 months | 6 months |
| 4.45% | 3.50% | 4.25% |
| 9 months | 9 months | 9 months |
| 3.80% | 3.50% | 4.35% |
| 12 months | 12 months | 12 months |
| 4.00% | 4.00% | 4.30% |
| 18 months | 18 months | 18 months |
| 3.80% | 3.80% | 3.50% |
| 24 months | 24 months | 24 months |
| 4.00% | 3.60% | 3.50% |
| 36 months | 36 months | 36 months |
| 4.00% | 3.60% | 3.50% |
| Learn more | Learn more | Learn more |
| View offer at Bread Savings | View offer at MoneyLion | View offer at Northern Bank Direct |
Bank details checked July 29, 2025
Learn more about Bread Savings
Bread Savings’ parent company, Bread Financial, was named Alliance Data until 2022. It was founded in 1996. It primarily offers loans and credit cards, with Bread Savings serving as its consumer deposit division.
All to say, Bread Savings isn’t a full-service financial institution; you’ll only find high-yield savings accounts and CDs. It’s not great for those who want to keep all their banking in the same place. That said, those who come seeking a high-yield option for stashing money they don’t need access to for a while may find Bread a good fit.
Frequently asked questions
What happens to my CD rate if I renew my Bread Savings CD at maturity?
When you renew your Bread Savings CD, you’ll be subject to the current APY for the term—which could be different than the APY you received when you first opened your account.
Can I ladder Bread Savings CDs to maximize rate opportunities?
Yes, you can open multiple Bread Savings CDs to maximize your return rate and access a portion of your investment every so often.
What is the minimum deposit required for Bread Savings CDs?
The minimum deposit required for Bread Savings CDs is $1,500.
How often is interest paid on Bread Savings CDs?
Interest on Bread Savings CDs is compounded daily and credited monthly.
Are Bread Savings CDs FDIC insured?
Bread Savings CDs are FDIC insured up to the maximum $250,000.