While Bread Savings might not be as widely recognized as Chase and Discover, it still manages to outperform those major banks in several important areas.
TL;DR
- Bread Savings offers competitive APYs on standard and IRA Certificates of Deposit for 2025.
- Both standard and IRA CDs have identical terms, rates, and a $1,500 minimum deposit.
- Bread Savings CDs are FDIC insured up to $250,000 and are solely an online offering.
- Early withdrawal penalties vary based on the CD term length, ranging from 90 to 365 days of simple interest.
Bread Savings offers some of the top-yield certificates of deposit (CDs), though it operates solely online. For those comfortable with exclusively digital banking via computer and phone, Bread Savings provides some of the most competitive annual percentage yields (APY).
Let’s take a look at everything you need to know about Bread Savings CD offers and rates.
Rates are current as of Nov. 7, 2025 and are subject to change.
Bread CD rates & products
Bread Savings offers straightforward CDs. You can choose between a regular CD or an IRA CD. Both choices feature identical terms and interest rates.
Bread Savings Standard CDs
With a Bread Savings CD, you're offered nine different term durations. Should you be able to provide the required $1,500 minimum opening deposit, a Bread Savings CD presents a solid option for generating interest through a comparatively secure investment.
Bread Savings standard CD rates
| Term length | APY |
|---|---|
| 3 months | 3.80% |
| 6 months | 4.20% |
| 9 months | 3.80% |
| 12 months | 3.75% |
| 18 months | 3.75% |
| 24 months | 3.75% |
| 36 months | 3.75% |
| 48 months | 3.75% |
| 60 months | 3.75% |
| 3 months | |
|---|---|
| APY | 3.80% |
| 6 months | |
| APY | 4.20% |
| 9 months | |
| APY | 3.80% |
| 12 months | |
| APY | 3.75% |
| 18 months | |
| APY | 3.75% |
| 24 months | |
| APY | 3.75% |
| 36 months | |
| APY | 3.75% |
| 48 months | |
| APY | 3.75% |
| 60 months | |
| APY | 3.75% |
Bank details checked Nov. 7, 2025
Bread Savings IRA CDs
IRA CDs might be a good choice if you're seeking a secure investment for your individual retirement account (IRA). They provide tax benefits that a standard CD doesn't.
Bread Savings provides outstanding IRA CDs that match the term lengths and APYs of its regular CD offerings. You have the option to open a tax-deferred traditional IRA CD or a Roth IRA CD, where you invest post-tax funds but your money can grow and be withdrawn without taxes later.
Bread Savings IRA CD rates
| Term length | APY |
|---|---|
| 3 months | 3.80% |
| 6 months | 4.20% |
| 9 months | 3.80% |
| 12 months | 3.75% |
| 18 months | 3.75% |
| 24 months | 3.75% |
| 36 months | 3.75% |
| 48 months | 3.75% |
| 60 months | 3.75% |
| 3 months | |
|---|---|
| APY | 3.80% |
| 6 months | |
| APY | 4.20% |
| 9 months | |
| APY | 3.80% |
| 12 months | |
| APY | 3.75% |
| 18 months | |
| APY | 3.75% |
| 24 months | |
| APY | 3.75% |
| 36 months | |
| APY | 3.75% |
| 48 months | |
| APY | 3.75% |
| 60 months | |
| APY | 3.75% |
Bank details checked Nov. 7, 2025
Bread Savings' offerings versus those of its rivals
Despite being a lesser-known name, Bread Savings offers CDs that are highly competitive. Nevertheless, certain banks might provide even better yields. Let's examine some of its rivals.
 Bread Savings |  Discover |  Northern Bank Direct |
|---|---|---|
| 6 months | 6 months | 6 months |
| 4.20% | 3.50% | 4.00% |
| 9 months | 9 months | 9 months |
| 3.80% | 3.50% | 3.75% |
| 12 months | 12 months | 12 months |
| 3.75% | 4.05% | 3.25% |
| 18 months | 18 months | 18 months |
| 3.75% | 3.70% | 3.25% |
| 24 months | 24 months | 24 months |
| 3.75% | 3.50% | 3.25% |
| 36 months | 36 months | 36 months |
| 3.75% | 3.50% | 3.25% |
| Learn more | Learn more | Learn more |
| View offer at Bread Savings | View offer at MoneyLion | View offer at Northern Bank Direct |
Bank details checked Nov. 7, 2025
Bread Savings: Discover More
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.
In essence, Bread Savings operates as a specialized financial entity, offering solely high-yield savings accounts and certificates of deposit. It's not the ideal choice for individuals preferring a comprehensive banking solution. However, for those prioritizing a high-yield avenue to save funds not immediately required, Bread could prove suitable.
Frequently asked questions
If you choose to renew your Bread Savings CD when it matures, your interest rate will be subject to the prevailing rates offered by Bread Savings at that time.
Upon renewing your Bread Savings CD, the APY for the chosen term will apply, and this rate might differ from the APY you initially secured when opening the account.
Is it possible to ladder Bread Savings CDs to take advantage of the best rate opportunities?
You're able to open several Bread Savings CDs to boost your return rate and get to some of your funds periodically.
The minimum deposit for Bread Savings CDs is $1,000.
The minimum deposit required for Bread Savings CDs is $1,500.
Bread Savings CD interest payment frequency
Interest on Bread Savings CDs is compounded daily and credited monthly.
Bread Savings CDs: FDIC insured?
Bread Savings CDs are FDIC insured up to the maximum $250,000.