topic Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl in Credit Cards

Bread Rewards American Express now open for application/pre-qualification (previously invite only)

bc0971 — Wed, 17 Jul 2024 17:21:24 GMT

Today I noticed that the Bread Rewards (not 2% Cashback card) is now open for pre-qualification applications (not an actual apply button but presumably that comes up if you pre-qualify). Before today it was only available by getting a pre-approved mailer or a forced product change from the Comenity Mastercard.

Overall, it's a pretty enticing card. 3% back on gas, dining, grocery, and utilities. No AF or FTF. Here's the really interesting part... 25% bonus on all rewards earned when you make 20 or more purchases in a billing cycle.

$10 minimum redepmtion for statement credit/direct deposit (unlike their 2% Bread Cashback card with no minimum) but rewards never expire and have multiple ways to redeem including the two mentioned above and also merchandise, gift cards, and travel.

It also has travel accident insurance and a 30% discount on Booking.com.

No public SUB available as is the case with the Bread Cashback, but this is a very interesting card.

https://www.breadfinancial.com/en/bread-rewards-credit-card.html

I'd be interested to see if anyone prequalifies! I didn't even bother checking as I just got approved for the Bread Cashback a couple weeks ago. It's definitely on my list for next year though after some gardening. What are everyone's thoughts on this card? I know Comenity doesn't have the best reputation and I did have some issues setting up my account once I got my card but other than that it's been okay so far.

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

sccredit — Wed, 17 Jul 2024 17:36:44 GMT

I checked just for s&g and got an error.

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

GZG — Wed, 17 Jul 2024 19:38:33 GMT

@sccredit wrote:
I checked just for s&g and got an error.

I did too, you have EQ frozen? I think they pull EQ

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

CreditPoor — Wed, 17 Jul 2024 22:09:08 GMT

I'm quite certain they pull Experian. I did the prequal but was denied, I'm pretty sure with my recent approvals that was gonna be a no go. Think I'm like 6 in 3mtgs already

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

justjac2 — Wed, 17 Jul 2024 22:25:40 GMT

I pre-qualified for $6750, having both the regular Bread and Comenity AAA. I hit the Accept button against my better judgement, but nothing happened. Tried again, nothing. I got three monitoring alerts for EX, but turns out they were for identity verification. So I re-locked my reports and tried again. This time it took me to another screen, where I had to enter my income and accept the terms. When I hit THAT button, I got the 10-14 day notice. I'm fine with that.

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

911gt34life — Thu, 18 Jul 2024 00:18:11 GMT

Interesting they offer me 2950 probably they pull ex

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

butterpecan — Fri, 19 Jul 2024 03:48:02 GMT

Pre-qualified for $1400 and I got an alert from EQ. New York resident.

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

burrissa — Fri, 19 Jul 2024 04:52:55 GMT

Just applied and it said I was prequalified for up to $8250. I decided not to accept at this time as I was just approved in June for Paypal MC 11K and Penfed Signature visa 5K. I'm still waiting for my BK13 to fall off in 5/25.

4/12 and 5/24 over the past 13 months.

BankCard Score 8: EQ 676 TU 684 EX 702

Cap1 QS 5K

Cap 1 Savor one 3K

Ally MC 4.1K

PenFed Sig. Visa 5K

Paypal MC 11K

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

Anonymous — Fri, 19 Jul 2024 06:09:56 GMT

I checked for pre-qual solely for the giggles and for datapoints for this thread.

"You are prequalified for up to $7600"

And soft pulled EQ in Michigan

Edit: AND soft pulled EX

----

It does seem to be an interesting card

That being said, I have no interest in this card

Comenity
Points rather than % and can be devalued
Comenity
20 purchases per month to be 1.25%/3.75% vs 1%/3%
Amex <- I happen to think highly of Amex, but this card is modeled to be a "Daily Driver" and at least for me Amex (plus comenity..) as a daily driver is shooting myself in the foot
No Sub or any form of Intro offer I can find.

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

ptatohed — Fri, 19 Jul 2024 08:00:15 GMT

Purely for Ss and Gs.

It looks like they pulled EX. I'm in CA. My TU and EQ are flawless (800s), my EX has 1 medical collection. EX is mid/high 700s. $5550 is pretty low for me.

Not interested in this card as I always get 5% in GGR, why settle for 3.75%? But I do like the concept of a multiplier for frequent use. I wish other cards offered that.

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

unsungivy — Fri, 19 Jul 2024 11:16:21 GMT

@ptatohed wrote:

But I do like the concept of a multiplier for frequent use. I wish other cards offered that.

The AmEx EveryDay and AmEx EveryDay Preferred do. 20% on the ED and 50% on the EDP.

The EDP is better than most people seem to think it is because of this, giving it 4.5x points for grocery and 3x points for gas, and 1.5x points for everything else making it a decent daily driver (except for dining). It loses value the more cards you have in your wallet IMO, as you spread your spend over several cards it becomes more work to hit the number of separate purchases (I alsways just broke up a grocery buy into several separate purchases at self-checkout at the start of the month to knock it out). Most sites value AmEx points at 2 cents each, but that's up to the user obviously.

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

4sallypat — Fri, 19 Jul 2024 13:35:56 GMT

Which CB needs to be unlocked for this SP preapproval tool to work ?

Does anyone know why I can't use the Currrent Cardmember sign in ?

I keep getting web page errors.

My mobile apps work fine though.

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

911gt34life — Fri, 19 Jul 2024 14:39:54 GMT

@4sallypat wrote:
Which CB needs to be unlocked for this SP preapproval tool to work ?

Does anyone know why I can't use the Currrent Cardmember sign in ?

I keep getting web page errors.

My mobile apps work fine though.

EX EQ

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

MileHigh96 — Fri, 19 Jul 2024 14:56:07 GMT

Tried it and was pre-qualified for up to $5050. Didn't accept the offer though, not looking to add any new cards at this time. Plus the rewards offer all overlap with cards I already have.

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

sccredit — Fri, 19 Jul 2024 15:04:18 GMT

@GZG wrote:
@sccredit wrote:
I checked just for s&g and got an error.
I did too, you have EQ frozen? I think they pull EQ

No, not frozen

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

nytimestraveler — Tue, 23 Jul 2024 04:23:13 GMT

I'm strongly considering this card, got the invite

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

kobe71 — Sat, 21 Dec 2024 01:44:55 GMT

Did you hear back from them?

I just applied and received same message.

I wonder what that means.

TIA!

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

kobe71 — Sat, 21 Dec 2024 01:49:51 GMT

justjac2

Regular Contributor

‎07-17-2024 03:25 PM

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

Did you hear back from them?

I just applied also and received same message and wondering what happens now.

TIA!

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

justjac2 — Sat, 21 Dec 2024 02:47:18 GMT

@kobe71 Yes, the letter said my reports were frozen. I pre-qualified again back in Nov for $7650, but this time EQ was unlocked and EX was frozen (that was a mistake). At that point I let it go because I want a shot at max cash preferred next year.

Re: Bread Rewards American Express now open for application/pre-qualification (previously invite onl

kobe71 — Sat, 21 Dec 2024 03:31:36 GMT

Thanks for sharing.

None of my reports are frozen, so my guess is that the letter might say that I am declined.