Bread Cashback American Express Credit Card

Bread Cashback American Express Credit Card Review

This is a cashback card issued by Comenity Bank. If you're wondering whether Bread Cashback American Express Credit Card is the right card for you, read on.

Key Takeaways

• Competitive APRs. Bread Cashback American Express Credit Card has a variable purchase APR that ranges from 15.49% up to 26.99%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• 5% Balance transfer fee. Bread Cashback American Express Credit Card charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $10.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.

Pros & Cons of Bread Cashback American Express Credit Card

The Good	The Bad
Potentially lower than average purchase APRs. No annual fee. Identity Theft Protection. No foreign transaction fee. Bread Cashback American Express Credit Card reports to multiple credit bureaus.	Does not offer a signup bonus. Charges a 5% balance transfer fee.

Bread Cashback American Express Credit Card FAQ

Does Bread Cashback American Express Credit Card have a cash back or rewards program?

No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 2% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $20 back in cash.

What are the Bread Cashback American Express Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Bread Cashback American Express Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

Bread Cashback American Express Credit Card has a variable purchase APR that ranges from 15.49% up to 26.99%. The card has a variable balance transfer APR of 26.99% . It also has a variable cash advance APR of 26.99% .

What are the fees for Bread Cashback American Express Credit Card?

The following fees apply:

Bread Cashback American Express Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $41
Late Payment Fee	up to $41

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.

Does Bread Cashback American Express Credit Card report your account activity to credit bureaus?

Yes, Bread Cashback American Express Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Bread Cashback American Express Credit Card

• Visit the Bread Cashback American Express Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.