Bread Savings CD review

Bread Savings posted the highest CD rate in our comparison: 4.85% APY on its 18-month CD as shown on November 13, 2026. Shorter terms were also strong, at 4.45% for 1 year, 4.40% for 9 months, 4.05% for 6 months and 3.95% for 3 months, and terms run to 5 years. The catch is the entry ticket. Each CD needs a $1,500 minimum opening deposit made in a single transaction, and the maximum is $1,000,000 per account. Penalties are steeper than Ally's: 90 days of simple interest for terms under 1 year, 180 days for 12 months to 3 years and 365 days for 4 years and up. Bread charges no monthly maintenance fees but lists $5 for paper statements, $15 for official checks and $25 for outgoing wires, so use free ACH transfers instead. Deposits are FDIC insured through Comenity Capital Bank.

Who it is for

savers with $1,500 or more chasing the highest short-term rate

Price

No monthly maintenance fees; $1,500 minimum opening deposit; 4.85% APY on 18 months.

Each CD requires a minimum opening deposit of $1,500. The maximum is $1,000,000 per account.
Quoted from the vendor pricing page on November 13, 2026.

Key features

• 4.85% APY on the 18-month CD, the highest posted rate on this list
• 4.45% APY on 1 year, 4.40% on 9 months, 4.05% on 6 months, 3.95% on 3 months
• Terms from 3 months to 5 years
• Maximum of $1,000,000 per account
• 10 calendar days at maturity to withdraw or close without penalty

Strengths and weaknesses

• Strength: Highest posted CD rate in our comparison at 4.85% APY
• Strength: High $1,000,000 per-account maximum
• Strength: No monthly maintenance fees
• Weakness: $1,500 minimum opening deposit, deposited in a single transaction
• Weakness: Penalty of 365 days of simple interest on terms of 4 years and up
• Weakness: Fees for paper statements ($5), official checks ($15) and outgoing wires ($25)

Key facts

• Top APY: 4.85% (18 months)
• Terms: 3 months to 5 years
• Minimum deposit: $1,500
• Early withdrawal penalty: 90 to 365 days of simple interest

Where it ranks

Bread Savings CD is No. 4 in our Best CD Rates verdict.