• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
APY GUY: Maximize Your Savings & Earnings

APY GUY: Maximize Your Savings & Earnings

MENUMENU
  • Saving and Spending
    • CDs
      • CD Rates Forecast 2022 – Will Rates Go Up in October and November?
      • Capital One CD Rates
      • Ally Bank CD Rates
      • Chase CD Rates
      • Citibank CD Rates
      • Discover Bank CD Rates
      • US Bank CD Rates
      • Fidelity CD Rates
      • Edward Jones CD Rates
      • Charles Schwab CD Rates
      • Navy Federal Credit Union CD Rates
      • Vanguard CD Rates
    • Savings
      • Best High Yield Online Savings Accounts for 2023
      • Affirm Savings
      • Aspiration Spend & Save
      • Bask Bank High Interest Savings
      • Citi Accelerate Savings
      • Citizens Access Online Savings Account – 2.35% APY!
      • Fitness Bank Savings Review – Now up to 3.60% APY!
      • LendingClub High Yield Savings – Now 2.75% APY!
      • Smarty Pig
      • Synchrony High Yield Savings Account – Now 2.45% APY!
      • UFB Direct Savings Account – Now 3.01% APY!
      • Alternatives to CDs and Savings
    • Checking & Debit
      • 25+ Best Debit Cards for Kids & Teens [December, 2022]
      • Best Bank Promotions & Cash Bonuses for 2022
      • Citibank Checking Account Bonuses
      • Huntington Bank Bonuses
      • PNC Bank Bonuses
      • Truist Bank Bonuses
      • Wells Fargo Checking Account Bonus
      • Chase First Banking
      • Fidelity Youth Account
      • Verizon Family Money
      • Copper Banking
      • BusyKid
      • Greenlight
  • Investing
    • Real Estate
      • Top 8 Real Estate Crowdfunding Platforms for 2022
      • Yieldstreet Review 2022 – 9.71% Avg Annual Returns
      • CrowdStreet
      • Fundrise Review: Compare Annual Returns vs Competitors
    • Stocks & More
      • Best Stock Screening Service
      • MotleyFool
      • Stansberry Research
      • Seeking Alpha
      • Zacks Investment Research
      • Citi Personal Wealth Management
      • Robinhood Cash Management
      • Fidelity Cash Management
You are here: Home / CD Rates / Bread Savings CD Rates – Now up to 4.25% APY!

Bread Savings CD Rates – Now up to 4.25% APY!

editorial staff
October 12, 2022

Bread Savings, formerly Comenity Direct, has some very competitive CD rates on all 5 of their regular term certificates of deposit.

You may remember Comenity Direct. They regularly topped the charts with the highest yields on both fixed rate CDs and their variable rate online savings account. Today, Bread Savings has maintained the competitiveness of these offers.

See rates and account details below.

In this post you'll learn:

  • Bread Savings CD Rates + Account Details
  • CD Rates
  • Compounding Interest
  • Fees
  • Early Withdrawal Fees
  • Grace Period

Bread Savings CD Rates + Account Details

A Bread Savings certificate of deposit requires a minimum deposit of $1,500 and is federally insured by the FDIC up to $250,000 per depositor.

CD Rates

TermAPY
1 year3.60%
2 year3.75%
3 year4.00%
4 year4.15%
5 year4.25%

To put these yields into perspective, the current national average for a 12 month CD and a 60 month CD sit at just 0.60% APY and 0.74% APY, respectively, according to recent FDIC data.

Bread Savings does not offer any specialty CDs or CDs with durations under 1 year at this time.

They also impose a maximum deposit limit of $1 million per account and $10 million limit per customer.

Compounding Interest

The interest you earn with a Bread Savings CD both accrues and compounds daily. It is then credited and posted back to the account monthly.

Fees

There are no monthly maintenance fees or hidden fees associated with a Bread Savings CD. The only fees you may encounter with your deposit account would be from an outgoing wire transfer or an official check request. Those fees are as follows:

  • $25 per outgoing wire transfer
  • $15 per official check request

If you’d prefer to get paper statements rather than viewing them online, you will also incur a $5 paper statement fee.

Early Withdrawal Fees

If you need to access your funds prior to the maturity of your CD, you stand to lose a portion of your interest but you will not lose any of your principal. Early withdrawal fees are as follows:

  • 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.

Grace Period

Prior to the maturity of your CD, Bread Savings will notify you letting you know the term is almost over. When it is, you will be given a 10 day grace period in which you may withdraw any or all of these funds. If nothing is done within the 10 day window, Bread Savings will automatically renew your CD with the same term and the going APY at that time.

ABOUT THE AUTHOR

editorial staff: A group of savers, investors, side-hustlers and entrepreneurs serve the editorial team with a combined 20 years experience in entrepreneurship, banking and blogging.
Read More

Filed Under: CD Rates Tagged With: Comenity Direct

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

APY Updates

  • Ivy Bank Review – Deposit Rates up to 4.85% APY!
    January 27, 2023
  • Best CD Rates in New Jersey – Up to 4.60% APY!
    January 26, 2023
  • PenFed Credit Union CD Rates – Now up to 4.70% APY!
    January 26, 2023
  • Capital One CD Rates – Now up to 4.30% APY!
    January 25, 2023
  • Ameriprise Financial CD Rates – Now up to 4.40% APY!
    January 24, 2023
  • Webster Bank CD Rates – Now up to 4.25% APY!
    January 23, 2023
  • Flagstar Bank CD Rates – Now up to 4.00% APY!
    January 23, 2023

The Big Banks

  • Bank of America CD Rates
  • Capital One CD Rates
  • Citibank CD Rates
  • Chase Bank CD Rates
  • Wells Fargo CD Rates
  • U.S. Bank CD Rates

Noteworthy Credit Unions

  • Navy Federal Credit Union CDs and Savings
  • Patelco Credit Union CDs and Savings
  • PenFed CDs and Savings
  • Connexus Credit Union CDs and Money Market

Brokered CDs

  • Edwards Jones
  • Charles Schwab
  • Fidelity
  • Vanguard

Alternatives

  • 12 Alternatives to CDs and Savings Accounts

Real Estate Investment Platforms

  • Fundrise - up to 22% Returns
  • CrowdStreet - up to 17.1% Returns
  • Yieldstreet - Avg 10.61% Returns

Footer

Disclaimer

APY GUY strives to keep its information as accurate and up to date as possible. This information may be different than what you see at a bank, credit union or other financial institution. This applies to both in person visits and their website(s). Any financial products or services represented or discussed on this website are without warranty. When evaluating offers viewed on APYGUY.com, please read the financial institution’s Terms and Conditions.

About Us. Privacy Policy. Terms Of Use. How We Make Money.

Categories

Connect with Us:

  • Email
  • Facebook
  • LinkedIn
  • Twitter

Know of a fantastic APY offered by your local bank or credit union?

Don’t be shy, please share!

Send an email to hello@apyguy.com with the name of the institution, rate (APY) and type of product.

Our editorial staff will confirm the product, rate and APY (annual percentage yield) with the institution and publish it immediately for our viewers.

Copyright © 2023 - APYGUY: Maximize Your Savings & Earnings

Home>CD Rates>Bread Savings CD Rates – Now up to 4.25% APY!