Bread Savings Account
$0 Min. Balance to Earn APY
4.4
4.4
MoneyAtlas
Rating
Hassle-free banking with 4.20% APY
Deposits are FDIC-insured up to $250,000
Deposit anytime, anywhere with unlimited mobile check deposits
Pros
Competitive APY: Interest is compounded daily to maximize your earnings
No Monthly Fees: Your earnings are protected from being eroded by service charges
Low Opening Deposit: An accessible $100 minimum gets you started quickly
Cons
No Checking Account: All withdrawals require an electronic transfer to an external bank
No ATM Access: Does not include a debit or ATM card for direct cash withdrawals