Bread Rewards™ American Express® Credit Card
Bread Financial
No Annual Fee
Annual Fee
amexFair → Goodcash-backno-annual-fee6 months ago
Welcome Offer
No Welcome Offer
OpenCard analysis
Is the Bread Rewards American Express Credit Card right for you?
The Bread Rewards American Express is a no-annual-fee cash-back card from Bread Financial. Its strongest everyday earning is 3% on dining, with 1% on most other purchases. With no fee, the question is simply whether 3% on dining beats what your current card earns there.
Who it's for
- ✓ People who spend steadily on dining, where it earns 3%
- ✓ Anyone who wants dining rewards without paying an annual fee
Who should skip it
- — Heavy spenders outside dining — everything else earns 1%
First-year value estimate
Welcome bonus
$0
Rewards on spending
$180
Annual fee (year 1)
−$0
Year 1, before credits
$180
Year two, without the welcome bonus: about $180 before credits ($180 in rewards minus the $0 fee).
Assumptions
- $3,000 a year in dining (3%) and $9,000 on everything else (1%) — $12,000 total, about $1,000 a month.
- Rewards valued at 1¢ per point or 1% cash back (cash-equivalent).
- No welcome bonus is listed in our record, so none is counted.
- No annual fee in any year.
An illustration, not a promise of value. Change the spending to match yours; rewards are not cash until redeemed. Card data reviewed 2026-04-16.
How it compares
Discover it Chrome →
Discover, same $0 annual fee; earns 2% on dining at restaurants.
Navy Federal GO REWARDS →
Navy Federal Credit Union, same $0 annual fee; earns 3% on restaurants.
Navy Federal More Rewards American Express →
Navy Federal Credit Union, same $0 annual fee; earns 4% on dining.
Frequently asked questions
- Does the Bread Rewards American Express have an annual fee?
- No. Our record lists a $0 annual fee for the Bread Rewards American Express.
- What does the Bread Rewards American Express earn?
- 3% on Gas Stations, 3% on groceries, 3% on dining, 3% on Utility Bills, and 1% on other purchases.
- Is the Bread Rewards American Express worth it in the first year?
- Using our illustration ($12,000 of yearly spending, $3,000 of it in dining), the first year comes out around $180 before credits, including a welcome bonus valued at $0. Year two drops to about $180 before credits.
- What credit do I need for the Bread Rewards American Express?
- Our record lists "Fair to Good" credit as the typical target for the Bread Rewards American Express. Bread Financial makes the final decision based on its own criteria.
Earning Rates
3×Gas Stations3x points on gas station purchases
3×Groceries3x points on grocery store purchases
3×Dining3x points on dining purchases
3×Utility Bills3x points on utility bill payments
1×All Other Purchases1x point on all other purchases
Other Benefits
Other Benefits
Bread financial tools
Access to Bread Financial's buy now pay later options
Insurance
Sources
Last Updated: Apr 16, 2026