Offer value details
Bread Savings lists its High-Yield Savings Account with FDIC-insured positioning, interest on up to $10 million, interest accrued and compounded daily, and no-hidden-fee positioning.
Qualification requirements
The rendered official disclosure says a $100 minimum deposit is required to open a high-yield savings account and must be deposited in a single transaction.
Fees and costs
The official product-selection page says there are no hidden fees so users can save more, while the rendered disclosure also says fees may reduce earnings. Recheck a current fee schedule before relying on a specific service-fee assumption.
Availability
The rendered disclosure says applicants must be at least 18, be a U.S. citizen or resident alien, have a Social Security number, and have a U.S. address that is not a P.O. Box. Only individuals may open sole or joint accounts.
What to verify
- APYs are subject to change at any time without notice, and the savings rate may change after account opening.
- The $100 opening deposit must be made in a single transaction.
- Eligibility is limited by age, citizenship or resident-alien status, SSN, U.S. address, and individual sole or joint account rules.
- The reviewed product-selection page says no hidden fees, but the disclosure also says fees may reduce earnings and does not provide a full service-fee schedule in the captured modal.
- The page says users can earn interest on up to $10 million, but FDIC insurance is listed only up to applicable $250,000-per-depositor ownership-category limits.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.