Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie policy
Cookie settings

Bread Savings review

Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.

Our verdict

Bread Savings is a US credit card that pays cashback of 2% on every purchase and charges an annual fee of $0, so it suits people who spend regularly and want rewards without a yearly cost. Balance rates sit at 15.49% to 26.99%, so revolving a balance is the expensive part.

Key facts

Best for
Spenders who want flat cashback and pay no annual fee.
Annual fee
$0 (Source, checked September 26, 2026)
APR
15.49% to 26.99% (Source, checked September 26, 2026)
Currency conversion fee
0% (Source, checked September 26, 2026)
Rewards type
Cashback (Source, checked September 26, 2026)
Rewards rate
2% unlimited (Source, checked September 26, 2026)
Cashback rate
2% (Source, checked September 26, 2026)
Card kind
Credit (Source, checked September 26, 2026)
Legal entity
Comenity Bank (Source, checked September 26, 2026)
Headquarters
United States (Source, checked September 26, 2026)
Pricing model
No annual fee
Features
Rewards
Official website
breadfinancial.com

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • Cashback of 2% on spending, with no cap on the 2% unlimited
  • Annual fee of $0, so nothing to pay to keep the card
  • Currency conversion fee of 0%, which is rare on a US credit card
  • Issued by an FDIC licensed bank, Comenity Bank

Cons

  • Purchases carry an APR of 15.49% to 26.99%, so carrying a balance costs money
  • Rewards are paid as cashback at 2% unlimited, a single flat scheme on every purchase
Bread Savings

Ready to try Bread Savings?

Scored 9.4 / 10 by DebitCue.

See alternatives

Who it suits

  • You spend on the card every month and clear the balance in full
  • You want one simple cashback rate with no annual fee
  • You travel or buy in other currencies and would rather avoid a conversion charge

Who should look elsewhere

  • You need a debit card, where Varo Visa Debit Card spends from your own money instead of borrowing
  • You want points or miles, and Varo Believe Secured Credit Card suits a different reward style
  • You want to hold crypto or self-custody, since Bitpanda sits in that market

Fees and FX

The card charges an annual fee of $0, so there is no yearly cost to hold it. Purchases are billed at an APR of 15.49% to 26.99%, which is the number that matters if you do not clear the balance each month. The currency conversion fee is 0%, so spending abroad costs nothing extra on that front. With the fee side so light, the real cost of this card is interest, not holding it.

The company behind it

The account is run by Comenity Bank, a US bank headquartered in the United States. Its banking licence is recorded as FDIC cert 27499, so the deposits it holds sit within a US insured banking framework. Bread Savings is the card brand, while the bank is the entity that actually issues the card and carries the balance.

How Bread Savings compares

Where Bread Savings is available

Available
United States
Licence in United States
FDIC (FDIC cert 27499), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does Bread Savings cost to hold?+

There is no annual fee. The card's annual fee is listed as $0, which means you can keep it open without paying anything for the privilege. Money you do borrow is what costs, through the purchase APR of 15.49% to 26.99%.

How much cashback do I get?+

Cashback is paid at 2% on spending, and the rate is described as 2% unlimited. Rewards come as cashback rather than a points scheme, so there is no separate redemption value to track.

Is there a fee for spending in other currencies?+

The currency conversion fee is 0%, so there is no extra charge when you spend outside the US. That sits alongside the cashback of 2%, which keeps foreign purchases rewarding rather than costly.

Who issues the card?+

The card is issued by Comenity Bank, a bank based in the United States. The banking licence is recorded as FDIC cert 27499, so the account is held with a licensed US bank rather than with an unregulated intermediary.

What is the interest rate on purchases?+

The purchase APR is 15.49% to 26.99%. Paying your statement in full each month means you pay nothing in interest, and cashback of 2% still applies. Revolving a balance means paying that rate on the money you carry.

Is this a credit card or a debit card?+

It is a credit card, listed as credit, so it borrows from a credit line and requires a statement payment each month. If you would rather spend money you already hold, a debit card such as Varo Visa Debit Card behaves differently, with an APR of 0%.

How is this card different from a secured card?+

Bread Savings is a standard credit card with an APR of 15.49% to 26.99% and no deposit tied to the limit. A secured card instead ties your own money to the limit and can charge an APR of 0%, which suits people rebuilding their credit.

Do I pay anything to keep the card open?+

No. The annual fee is $0, so holding the account costs nothing, and the no annual fee model means the card is designed around a no-fee structure. Your costs come from borrowing, not from owning it.

Sources

Compiled from 2 source pages, checked September 26, 2026. We did not open an account.

Bread Savings

Bread Savings

Spenders who want flat cashback and pay no annual fee.

9.4/10See alternatives