August 16, 2025
Bread Savings CD Rates Review
In this guide, we’ll review Bread Savings CD rates and compare them to the best CD rates, savings accounts, money market, and annuity rates offered by the top Banks in the United States.
In their own words, “Bread Financial is a tech-forward financial services company that offers simple, personalized payment, lending, and saving solutions.
Bread Savings CD Rates
| Term | 1-year CD | 2-year CD | 3-year CD | 4-year CD | 5-year CD |
|---|---|---|---|---|---|
| APY | 5.20% | 5.00% | 4.50% | 4.35% | 4.25% |
| Interest rate | 5.07% | 4.88% | 4.40% | 4.26% | 4.16% |
Visit savings.breadfinancial.com/products/certificates-of-deposit to view more Bread Savinigs CD Rates.
1 Rates are compared against competitor rates published by Bankrate.com(Opens in a new Window) and the institutions themselves as of 04/25/2023. Bankrate.com(Opens in a new Window) obtains the data from the various banks that it tracks and its accuracy cannot be guaranteed.
2 ANNUAL PERCENTAGE YIELD (APY): All Bread Savings APYs are accurate as of 05/18/2023. APYs are subject to change at any time without notice. Offers apply to personal accounts only. Fees may reduce earnings. For high-yield savings accounts, a minimum of $100 is required and must be deposited in a single transaction. For high-yield savings accounts, the rate may change after the account is opened. To open a CD, a minimum of $1,500 is required and must be deposited in a single transaction. A penalty will be imposed for early withdrawals on CDs. At maturity, your CD will automatically renew and earn the base interest rate in effect at that time.
3 Refers to deposits by ACH that are received before 5 p.m. CT on a Business Day (Monday through Friday, excluding federal holidays). Deposits begin earning interest from the moment they are received but may not be immediately available for withdrawal. Deposits received after 5 p.m. CT or on a non-Business Day are received on the next Business Day.
4 FDIC insurance up to $250,000 per depositor for each ownership category.
5 For terms shorter than 1 year, the penalty is 90 days simple interest. For terms 12 months to 3 years, the penalty is 180 days simple interest. For terms 4 years and up, the penalty is 365 days simple interest.
Features of Bread Savings CDs
- $1,500 minimum opening balance
- FDIC insured
- Earn interest on up to $10 million
- Interest accrued and compounded daily
- No hidden fees so you can save more
- An early withdrawal penalty applies
- Auto-renew at maturity or cash out without penalty within the 10-day grace period
CDs vs Fixed Annuity
A fixed annuity, often called a CD Type Annuity, is essentially a CD that is issued by an insurance company rather than a bank. The table below compares and contrasts some of the key differences and similarities between the two.
| FEATURES | FIXED ANNUITY | CD |
|---|---|---|
| Issued By | Insurance Companies | Banks |
| Investment Amount | $2,000 - $1,000,000 | Essentially Any Amount |
| Investment Term | 2 years - 10 years | 3 months - 5 years |
| Interest Rates (APY) | Varies by product. | Varies by bank, term and investment amount. |
| Liquidity | Usually, 10% annually or interest earned. | Almost always accumulated interest. |
| Guarantees | Backed by Insurer & State Guaranty Associations. | Backed by the FDIC. |
| Death Benefit | May avoid probate. | Probate process required. |
Today's Best "CD-Type" Annuity Rates
| Term | Insurer | Company | Annuity | Rate | AM Best | Free withdrawals | Application |
|---|---|---|---|---|---|---|---|
| 2 Years | 
| Axonic | Skyline Growth | 5.55% | A- | none yr 1 10% yrs 2 | Apply |
| 3 Years | 
| Mountain Life | Alpine Horizon | 6.00% | B+ | 10% | Apply |
| 4 Years | 
| Nassau | Simple Annuity | 5.50% | B++ | 5% | Apply |
| 5 Years |
| Mountain Life | Alpine Horizon | 6.15% | B+ | none yr 1 5% yrs 2+ | Apply |
| 6 Years |
| Nassau | Nassau Simple Annuity | 5.75% | B++ | 5% | Apply |
| 7 Years | 
| Knighthead Life | Staysail Annuity | 6.60% Simple | A- | None | Apply |
| 8 Years | 
| EquiTrust | Certainty Select | 5.65% | B++ | Interest Only | Apply |
| 9 Years | 
| Clear Spring Life | Preserve MYGA | 5.40% | A- | None Yr 1 10% Yrs. 2-9 | Apply |
| 10 Years | 
| Revol One | DirectGrowth MYGA | 6.00% | B++ | None | Apply |
Bread Savings CD Rates vs Todays Top Certificate Rates
Use the tables below to compare Bread Savings CD rates to the top CD interest rates available today.
3 Month CD Rates
| Best 3-Month CD Rates | APY | Term | Minimum |
|---|---|---|---|
| Signature Federal Credit Union | 5.55% | 3 Months | $500 |
| Ponce Bank | 5.40% | 3 Months | $1 |
| Western Alliance Bank | 5.41% | 3 Months | $1 |
Best 1 Year CD Rates
| Bank | Rate | Term | Minimum |
|---|---|---|---|
| All In Credit Union | 5.85% APY | 12 Months | $100,000 |
| My eBanc | 5.77% APY | 12 Months | $100,000 |
| State Bank of Texas | 5.75% APY | 12 Months | $50,000 |
2 Year CD Rates
| Bank | Rate | Term | Minimum |
|---|---|---|---|
| Luana Savings Bank | 5.68% APY | 24 Months | $100,000.00 |
| Maple Mark Bank | 5.40% APY | 24 Months | $25,000.00 |
| Crescent Bank | 5.35% APY | 24 Months | $1,000.00 |
3 Year CD Rates
| Bank | APY | Term | Minimum |
|---|---|---|---|
| Valley National Bank | 5.60% | 36 Months | $500 |
| Bread Savings | 4.95% | 36 Months | $1,500 |
| The State Exchange Bank | 4.70% | 36 Months | $1 |
4 Year CD Rates
| Bank | APY | Term | Minimum |
|---|---|---|---|
| Bread Savings | 4.75% | 48 Months | $1 |
| The State Exchange Bank | 4.50% | 48 Months | $1 |
| Barclays | 4.45% | 48 Months | $1 |
5 Year CD Rates
| Bank | APY | Term | Minimum |
|---|---|---|---|
| Farmers Insurance | 5.00% | 60 Months | $1,000 |
| Schools First Credit Union | 4.75% | 60 Months | $100,000 |
| Bread Savings | 4.75% | 60 Months | $1,500 |
Bread Savings Contact Information
Phone Number
1-833-755-4354
Weekdays 7 a.m. – 9 p.m. CT
Weekends & most holidays 9 a.m. – 5 p.m. CT
Frequently Asked Questions
What is Bread Savings Phone Number?
You can contact Bread Savings customer service by calling 1-833-755-4354
Weekdays 7 a.m. – 9 p.m. CT
Weekends & most holidays 9 a.m. – 5 p.m. CT
Does Bread Savings have any physical locations?
Bread Savings does not have any brick and mortar locations. Their low overhead is what allows them to offer highly competitive cd and savings account rates.
Are Annuities FDIC Insured?
While not FDIC insured, State Guaranty Associations provide a safety net for their state’s annuity policyholders. These Guaranty Associations guarantee policyholders continue to receive coverage (up to the limits spelled out by state law) even if their insurer is declared insolvent. Source: “Learn to Invest, Investment Types, Annuities, Fixed Annuities.” Financial Industry Regulatory Authority (FINRA). Visit FINRA’s Fixed Annuities Webpage
Can You Loose money in a fixed annuity?
You can not lose money in a fixed annuity. However, guarantees are backed by the claims-paying ability of the issuing insurance company so it is important to consider an insurer’s financial rating when shopping for an annuity.
What is the minimum amount to open a Bread Savings CD Account?
A Bread Savings high-yield savings account requires a $100 minimum opening balance. A certificate of deposit requires a $1,500 minimum opening balance.
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