Bread Cashback® American Express® Credit Card Current Credit Card Agreements

Bread Cashback┬« American Express┬« Credit Card Current Credit Card Agreements, as filed by Comenity Capital Bank, carries a purchase APR of 19.24%–33.74% and no annual fee. Against the 4,587 filings on this site, that rate lands around the 79th percentile.

What this filing discloses

Bread Cashback® American Express® Credit Card Current Credit Card Agreements is one of the agreements Comenity Capital Bank has on file with the CFPB. It is issued on the Amex network and the filing runs 14 pages.

The disclosure covers a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. No figure appears for a penalty rate and a grace period.

Pricing the purchase rate

This is a tiered agreement: the filing discloses a purchase APR anywhere from 19.24% to 33.74%, a spread of 14.5 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

Read against the index, the low end ranks around the 58th percentile and the high end around the 79th — the band straddles a wide stretch of the market this corpus describes.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

The arithmetic of revolving

A $1,000 balance left untouched for twelve months accrues about $401 in interest at this purchase rate.

Against the corpus median of 21.99%, that is approximately $155 a year of extra interest on the same $1,000.

Month to month it reads as about $28.11 per cycle on that balance.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

What the card costs before you borrow

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

Taking cash against the card means a cash advance fee of 33.74% and a cash advance APR of 33.74%.

The transfer fee is $10 or 5% of the amount transferred, whichever is greater; transferred balances then run at 19.24%. On $1,000 that fee is about $50 before any interest is charged.

Foreign transactions attract 5%. On $1,500 of overseas spending that is $75, charged on top of whatever exchange rate applies.

That is at the high end of this corpus — around the 99th percentile of disclosed foreign transaction fees.

What a missed payment costs

On the fee side, a late payment can cost up to $41, which is around the 89th percentile here.

The issuer's other agreements

There are 100 filings from Comenity Capital Bank in this index. Across that lineup purchase rates span 14.74% to 35.99%; this filing's 33.74% sits above 33 of the comparable ones.

34 of the issuer's other 89 disclosing filings are likewise fee-free.

The limits of this document

Absent from the captured terms: a grace period and penalty pricing. The original document is the place to look for any of these.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Where the authority sits

The filed PDF is linked from this page and runs 14 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The pricing here is middling by the standards of the index — 33.74% on purchases is near enough to typical. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.