Bread Savings CD Rates (2026): Up to 4.85% APY
Bread Savings suits savers who can put at least $1,500 into each CD and want a high rate at every term from 3 months to 5 years. The one thing to know: a 12-month CD carries a 180-day penalty, so closing one early can wipe out most of the interest. The 18-month CD paid 4.85% APY on Bread's rate card last updated October 14, 2026 (checked October 19), for new CDs; fixed once opened.
By Wealthy Pot Editorial · Facts checked October 19, 2026
Facts checked October 19, 2026 against Bread Savings's own CD rate page and deposit agreement (4 sources, listed below). We re-check prices about once a month. We do not earn a commission from Bread Financial.
Bread Savings at a glance
| CD APYs | 3 months 3.95%, 6 months 4.05%, 9 months 4.40%, 12 months 4.45%, 18 months 4.85%, 2 years 4.55%, 3 years 4.60%, 4 years 4.65%, 5 years 4.70% (rate card updated October 14, 2026; for new CDs; fixed once opened) [1] |
|---|---|
| Minimum deposit | $1,500 per CD, in a single transaction; maximum $1 million per CD [1] |
| Early withdrawal penalty | Under 12 months: 90 days' simple interest; 12 months to 3 years: 180 days; 4 years and up: 365 days [3] |
| Penalty waivers | Death, a ruling of legal incompetence, or a required minimum distribution from a traditional IRA [3] |
| Interest | Compounded daily, credited monthly; credited interest can be withdrawn without a penalty [3] |
| Add-on deposits | No: one deposit of principal after opening [3] |
| Grace period | 10 days, starting the day after maturity; CDs renew for the same term [3] |
| Retirement CDs | Traditional and Roth IRA CDs, at the same rates as standard CDs on the rate card [2] |
| No-penalty or bump-up CD | None: standard and retirement CDs from 3 months to 5 years only [2] |
| Fees | No monthly maintenance fee; outgoing wire $25, official check $15 [3] |
Bread Savings in official federal data
Rate compared with the national average
Bread Savings's 1-year CD APY of 4.45% (as of October 19, 2026) is about 2.5 times the FDIC's national average for 12-month CDs, 1.76% (as of October 19, 2026). On $10,000 kept for a year, that is about $445 in interest against $176 at the national average, before tax; a CD locks its rate for the term, while the national average is for CDs opened that month.
Who holds your money
- Deposits are held by Comenity Capital Bank, FDIC certificate #57570, based in Draper, UT, established December 1, 2003 according to the FDIC. Bread Savings accounts are held at Comenity Capital Bank.
- FDIC insurance covers up to $250,000 per depositor, per insured bank, for each account ownership category. Money held at the same bank under another brand name counts toward the same limit.
- Size: $11.0 billion in deposits and $13.9 billion in total assets (June 30, 2026 call report). Primary federal regulator: FDIC.
Customer complaints filed with the CFPB
From October 2025 through September 2026, consumers sent the Consumer Financial Protection Bureau 52 complaints about checking or savings accounts at Bread Financial Holdings, Inc., about 4.73 per $1 billion of deposits; the company responded on time to 100%. Complaint counts grow with the number of customers and cover the whole company, including checking accounts, and the CFPB does not verify each complaint, so treat them as a rough signal. Read the complaints.
Sources: FDIC BankFind (certificate, deposits and assets), FDIC national deposit rates (October 19, 2026), CFPB Consumer Complaint Database (product "Checking or savings account"). Updated monthly.
How Bread Savings works
Bread Savings is the deposit brand of Comenity Capital Bank, a Bread Financial company. Its CDs come in nine terms, each opened with one deposit of at least $1,500, and you cannot add to a CD after that. Interest compounds daily and is credited monthly, and you can withdraw credited interest without a penalty. The federal data section on this page compares Bread's rates with the FDIC national averages.
The penalty is where to be careful. It is figured on the principal at the CD rate and can reduce principal, and the agreement allows only a full early withdrawal of principal, not a partial one. A hypothetical: you open a $10,000 12-month CD at 4.45% APY and close it after 6 months. A 12-month term falls in the "12 months to three years" band, so the penalty is 180 days of simple interest. Using the APY as the rate, that is $10,000 x 4.45% x 180 / 365 = $219.45. Six months of interest is about $10,000 x 4.45% x 6 / 12 = $222.50, so you would keep only about $3.05. An 11-month horizon would face the 90-day penalty instead.
At maturity a CD renews for the same term unless you act during the 10-day grace period that starts the day after the maturity date. If you want staggered maturities, our CD ladder guide and CD calculator show how.
Pros
- 4.85% APY on the 18-month term, the top rate in its lineup
- Rates of 4.40% or more on every term from 9 months to 5 years
- Retirement CDs at the same rates as standard CDs
- Penalty waived for a traditional IRA required minimum distribution
Cons
- $1,500 minimum per CD
- 180-day penalty starts at the 12-month term
- No no-penalty, bump-up or add-on CD
- No checking account at this bank
Who Bread Savings fits, and who should skip it
A good fit if
- You can deposit $1,500 or more per CD and want a high rate at every term.
- You want an 18-month CD, which paid the highest rate in Bread's lineup.
- You want an IRA CD at the same rate as a regular one.
Limitations to know
- Only a full early withdrawal of principal is allowed; you cannot take out part of a CD before maturity. [3]
- Incoming ACH transfers are generally available on the fifth business day after receipt; wires the same business day. [3]
- Bread offers only online savings accounts and CDs: "We offer Online Savings Accounts and CD Accounts." [3]
- Customer service is by phone at 1-855-796-9632 during business hours; the hours are not stated on the page. [4]
Bread Savings compared with alternatives
| Bank | 6-month | 1-year | 3-year | 5-year | Minimum |
|---|---|---|---|---|---|
| Bread Savings | 4.05% | 4.45% | 4.60% | 4.70% | $1,500 |
| Barclays | 4.00% | 4.50% | 4.50% | 4.75% | $0 |
| Sallie Mae Bank | 3.20% | 4.40% | 4.45% | 4.50% | $2,500 |
| Synchrony Bank | 4.10% | 4.20% | 4.40% | 4.50% | $0 |
| Ally Bank | 3.85% | 4.30% | 4.10% | 4.25% | $0 |
- Pick Barclays if you want a 4.75% 5-year rate with no minimum.
- Pick Sallie Mae Bank if you want 4.40% from 12 to 30 months and a 90-day penalty on a 12-month CD.
- Pick Synchrony Bank if you want no minimum and a no-penalty CD option.
- Pick Ally Bank if you want low penalties and checking at the same bank.
Security and privacy
- Deposits are insured through Comenity Capital Bank, a Utah state-chartered bank and Member FDIC. [4]
- Bread states coverage of $250,000 per depositor for each ownership category; savings and CDs at Comenity Capital Bank count toward the same limit. [1]
- Joint, payable-on-death and trust accounts are available, which can fall in different ownership categories. [3]
Recent changes
| Date | What changed |
|---|---|
| Oct 14, 2026 | CD rates raised: 6 months 4.00% to 4.05%, 1 year 4.15% to 4.45%, 3 years 4.25% to 4.60%, 5 years 4.25% to 4.70%; 18 months now 4.85%. [1] |
| Oct 14, 2026 | High-Yield Savings APY rose from 3.95% to 4.05%. [2] |
Bread Savings FAQ
What is the penalty for withdrawing a Bread Savings CD early?
For a term under 12 months, 90 days' simple interest; for 12 months to 3 years, 180 days; for 4 years and up, 365 days. The penalty can reduce principal, and it is waived on death, legal incompetence or a traditional IRA required minimum distribution.
What are Bread Savings CD rates today?
On the rate card updated October 14, 2026: 3.95% APY for 3 months, 4.05% for 6 months, 4.40% for 9 months, 4.45% for 12 months, 4.85% for 18 months, 4.55% for 2 years, 4.60% for 3 years, 4.65% for 4 years and 4.70% for 5 years. Rates are for new CDs and fixed once opened.
Does Bread Savings have a minimum for CDs?
Yes. Each CD needs at least $1,500, deposited in a single transaction, and can hold up to $1 million.
Is Bread Savings FDIC insured?
Yes, through Comenity Capital Bank, Member FDIC, up to $250,000 per depositor for each ownership category.
Can I add money to a Bread Savings CD?
Not during the term. A CD takes one deposit of principal after opening. At maturity it renews for the same term unless you act during the 10-day grace period that starts the day after maturity.
How we researched this review
We did not get paid for this page. On October 19, 2026 we read Bread Savings's own CD rate page, deposit account agreement and disclosures, quoted each fact and link every one below. FDIC and CFPB figures come straight from the agencies' public data. Penalty examples are our arithmetic on the bank's stated formula. CD rates for new accounts change often; we re-check them about once a month.
Sources
- Bread Savings, Certificates of deposit, checked October 19, 2026.
- Bread Financial, Bread Savings rate card (content feed behind the rate pages), checked October 19, 2026.
- Bread Savings, Deposit account agreement, checked October 19, 2026.
- Bread Savings, Overview, checked October 19, 2026.
This review is for general information, not financial advice. CD rates for new accounts change often; the rate is fixed only once you open the CD. Confirm the current rate with the bank.