Bread Rewards® American Express® Credit Card
A no-annual-fee cash back card from Comenity Bank.
Rates, fees, and full terms are set by Comenity Bank and can change. See current rates & fees on the issuer’s site, and always confirm the latest terms before applying.
Our review
The Bread Rewards American Express earns 3 points per dollar at gas stations, grocery stores, restaurants, and on utilities, and 1 point everywhere else, with no annual fee and no foreign transaction fees. Make 20 or more purchases in a billing cycle and you earn 25% extra points that month.
Points are worth a penny each as cash back, statement credits, or gift cards, so heavy everyday users can effectively earn up to 3.75% in the bonus categories. It is a strong no-fee everyday card for gas, groceries, dining, and bills.
Think twice if: you make only a handful of purchases a month, since the 25% boost requires 20 or more.
Our 7.4 out of 10 rating
Each score weighs the rewards rate, value after the annual fee, welcome offer, points flexibility, and perks, with every point valued at a flat 1 cent. This is our editorial assessment to help you compare cards, not a guarantee of approval or of the value you will get.
Earning rates at a glance
Rewards: how it earns
You earn 3 points per dollar at gas stations, grocery stores, restaurants, and on utilities, and 1 point on everything else. Make 20 or more purchases in a billing cycle and that cycle's points get a 25% boost. Points are worth 1 cent each for cash back, statement credits, and gift cards, and a bit less for travel or merchandise.
| Category | Rate | Notes |
|---|---|---|
| Dining and restaurants | 3x | Bonus category |
| Groceries | 3x | Bonus category |
| Gas | 3x | Bonus category |
| Travel | 1x | Base rate |
| Streaming | 1x | Base rate |
| Everything else | 1x | Everything else |
The fine print on rates: Points are worth 1 cent each when redeemed for cash back, statement credits, or gift cards, and less for travel or merchandise. The 25% boost for 20 or more purchases a month can lift the 3x categories to 3.75%.
Every point and mile above is valued at a flat 1 cent, the same honest standard we use for every card. Run your own spending through the calculator to see what this card would actually return for you.
Best ways to earn & redeem
Put your dining, groceries, and gas spending on this card to earn at its highest rates, and let a different card handle the categories it does not bonus.
When you cash in, take the rewards as cash back or a statement credit, worth a flat 1 cent each. We value every point at a flat 1 cent, so treat any transfer upside as a bonus rather than the baseline — see what your points are really worth.
Pros and cons
- 3x on gas, groceries, dining, and utilities
- 25% extra points with 20 or more purchases a month
- No annual fee and no foreign transaction fees
- No current welcome bonus
- Points worth less than a cent for travel
- Amex acceptance is narrower at some merchants
The welcome bonus
There is no welcome bonus currently listed for this card.
First-year value vs ongoing value
| Welcome bonus | None |
| To earn it | No minimum spend |
| Est. first-year value* | $515 |
| Est. ongoing value / yr* | $515 |
There is no lump-sum welcome bonus, so first-year and ongoing value are about the same, roughly $515 a year on typical spending after the fee. What you see is what you get from day one.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent, on average spending.
Benefits and protections
Beyond the rewards, the perks and protections worth knowing about include:
- 3 points per $1 at gas stations, grocery stores, restaurants, and on utilities
- 1 point per $1 on everything else
Statement credits
This card does not come with recurring statement credits. Its value is in the rewards rate and welcome offer.
Who should get it, and who should skip it
Get the Bread Rewards Amex if most of your spending is gas, groceries, dining, and bills, and you swipe often enough to earn the monthly 25% boost.
If you would rather have a welcome bonus, other no-fee category cards may suit you better.
Alternatives to the Bread Rewards® American Express® Credit Card
Pairs well with
The Bread Rewards® American Express® Credit Card earns the most in its bonus categories, so pair it with a no-fee flat-rate card to cover everything it only earns a base rate on.
Frequently asked questions
Best-card guides featuring this card
Learn more
How does it rank for your spending?
Every card is ranked by what it actually returns on the way you spend. Run your numbers and see where the Bread Rewards® American Express® Credit Card lands.
Calculate My CardOffer details verified against issuer sources as of October 2026. Editorial opinions are our own. Cardocrat values all points at a flat 1 cent and never inflates redemptions.
