Bread Savings™ Account APY Increases to All-Time High

**MEDIA ALERT**

CONTACTS:
Rachel Stultz, Director of Corporate Affairs
Rachel.Stultz@breadfinancial.com

Lindsey LeBerth, Senior Manager, Corporate Affairs
Lindsey.LeBerth@breadfinancial.com 
 

Bread Savings™ Account APY Increases to All-Time High

• Bread Savings High Yield Savings Account now has a 5.15% annual percentage yield (APY,) an increase from 5%
• New rates will help customers reach their financial goals faster

Columbus, OH - Oct. 30, 2023 – Bread Financial™ (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions, increased their savings account annual percentage yield (APY) from 5.00% to 5.15% effective Sept. 28, 2023.¹

The new, top market rate enables Bread Financial customers to reach their savings goals faster.² With no hidden fees and free monthly maintenance, customers can watch their savings grow at a rate that is highly competitive.

The Bread Savings™ High Yield Savings Account³ has a 5.15% APY and 5.02% interest rate, a $100 minimum opening deposit, and is FDIC insured, up to $250,000 per depositor for each ownership category. The new, all-time high savings account APY builds on the financial wellness benefits Bread Financial offers to its customers through its full suite of products, which include the Bread Savings Certificates of Deposit (CD) and the Bread Cashback™ American Express© Credit Card. 

¹ ANNUAL PERCENTAGE YIELD (APY): All Bread Savings APYs are accurate as of 09/29/2023. 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.
² Rates are compared against competitor rates published by Bankrate.com and the institutions themselves as of 9/26/2023. Bankrate.com obtains the data from the various banks that it tracks and its accuracy cannot be guaranteed.
³ Bread Savings is a product of Comenity Capital Bank, which is part of Bread Financial. All deposit products are provided by Comenity Capital Bank, a Utah state bank. Member FDIC.