Barclays vs. Bread Savings CDs: Which Pays More?
Barclays Online CD vs. Bread Savings CD: rates for every term, minimum deposits, early withdrawal penalties and which one fits your term and your balance.
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The two now split the terms: Barclays pays more on 12 months, 2 years and 5 years, has no minimum deposit and charges lighter penalties; Bread pays more on 6, 9 and 18 months and 3 and 4 years and is the only one with a 3 month term. Barclays pays 4.50% APY for 12 months and 4.75% APY for 2 and 5 years (as of Oct 7, 2026). Bread pays 4.45% for 1 year and 4.85% for 18 months (as of Oct 28, 2026), with a $1,500 minimum and a 365 day penalty on 4 and 5 year CDs.
Barclays and Bread Savings are two online banks with strong CD rates across many terms. Barclays raised its rates on October 7, 2026, and Bread raised its rates again on October 15, 2026, so the two now split the terms. But the minimum deposit, the penalty and the exact term you want can change the answer.
Barclays vs. Bread at a glance
| Barclays Online CD | Bread Savings CD | |
|---|---|---|
| 12 month APY | 4.50% (as of Oct 7, 2026) | 4.45% (as of Oct 28, 2026) |
| Best APY | 4.75% (2 and 5 years) | 4.85% (18 months) |
| Terms | 6 to 60 months | 3 months to 5 years |
| Minimum deposit | $0 (fund within 14 days) | $1,500 |
| Maximum deposit | Not stated | $1 million per account |
| Early withdrawal penalty | 90 days of interest (24 months or less); 180 days (longer) | 90 days (under 12 months); 180 days (12 months to 3 years); 365 days (4 years and up) |
| Grace period at maturity | 14 days | 10 days |
| App rating | 3.6 App Store | 4.7 App Store, 4.7 Google Play |
| The bank | Barclays Bank Delaware (FDIC 57203) | Comenity Capital Bank (FDIC 57570) |
| Our score | 4.7 | 4.4 |
App ratings checked Sep 28, 2026. Terms checked on each bank’s website Oct 8, 2026.
CD rates by term
| Term | Barclays APY | Bread APY | Higher |
|---|---|---|---|
| 3 months | Not offered | 3.95% | Bread |
| 6 months | 4.00% | 4.05% | Bread |
| 9 months | 4.00% | 4.40% | Bread |
| 12 months | 4.50% | 4.45% | Barclays |
| 18 months | 4.50% | 4.85% | Bread |
| 2 years | 4.75% | 4.55% | Barclays |
| 3 years | 4.50% | 4.60% | Bread |
| 4 years | 4.50% | 4.65% | Bread |
| 5 years | 4.75% | 4.70% | Barclays |
Barclays rates valid as of Oct 7, 2026. Bread rates as of Oct 15, 2026. Rates can change before you open and fund a CD.
Which pays more for 1 year?
At our latest check, Barclays: 4.50% APY vs. 4.45% APY at Bread. On $10,000 that is about $450 vs. about $445 over 12 months. If you want a shorter term, Bread’s 9 month CD at 4.40% APY beats Barclays’ 4.00%.
Which pays more for 2 to 5 years?
It depends on the term. Barclays pays more on 2 years (4.75% vs. 4.55%) and 5 years (4.75% vs. 4.70%), and Bread pays more on 3 years (4.60% vs. 4.50%) and 4 years (4.65% vs. 4.50%). On $10,000 for 5 years, that is about $2,612 of interest at Barclays vs. about $2,582 at Bread, if the interest stays in the CD.
Which has lighter penalties?
Barclays, especially on long terms. Breaking a $10,000, 5 year CD early costs about 180 days of interest at Barclays, roughly $230, vs. 365 days at Bread, roughly $470. On a 1 year CD, Barclays charges 90 days and Bread 180 days. These are estimates; each bank calculates the exact penalty from your CD’s interest rate. Bread notes its penalty can reduce your principal. See CD early withdrawal penalties.
What about the minimum deposit?
Barclays has none, so it works for any amount. Bread needs $1,500 per CD, but accepts up to $1 million per account. For large balances, remember FDIC coverage is $250,000 per depositor, per ownership category at each bank.
Are Barclays and Bread safe?
Yes. Barclays CDs are held at Barclays Bank Delaware (FDIC 57203). Bread Savings CDs are issued by Comenity Capital Bank in Draper, Utah (FDIC 57570). We confirmed both in the FDIC BankFind database. See is Barclays legit?
Which should you choose?
Pick Barclays if you
- Want the higher rate on 12 months, 2 years or 5 years
- Have less than $1,500 to deposit
- Want lighter penalties in case you need the money early
Pick Bread if you
- Want the higher rate on 3, 6, 9 or 18 months or 4 years
- Want a higher rated app
- Are depositing a large amount in one account, up to $1 million
See every CD ranked on our best CD rates page, or compare Barclays vs. Marcus and Marcus vs. Bread.
Frequently asked questions
Which pays more, Barclays or Bread CDs?
At our latest check (October 15, 2026), Barclays pays more on 12 months, 2 years and 5 years. Bread pays more on 3, 6, 9 and 18 months and 3 and 4 years.
What is the minimum deposit at Barclays and Bread?
Barclays has no minimum. Bread requires $1,500 per CD.
Which has lower early withdrawal penalties?
Barclays: 90 days of interest on terms up to 24 months and 180 days on longer terms. Bread charges 180 days from 12 months to 3 years and 365 days on 4 and 5 years.
Are Barclays and Bread FDIC insured?
Yes. Barclays Bank Delaware (FDIC 57203) and Comenity Capital Bank, which issues Bread Savings (FDIC 57570).
Does Bread offer a 3 month CD?
Yes, at 3.95% APY as of Oct 15, 2026. Barclays’ shortest term is 6 months.
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