Bread cashback American Express?

[ficonightmare]

Just received a pre-approval for this card.

2% unlimited cashback, and 200 cash back when you spend 1,500 in the first 90 days. 

What is this card? Is it Amex? I already have an Amex cashback card, plus the usual cc's with rotating categories that give more. 

Also have a Wells Fargo card that gives me unlimited 2% cashback. 

Is this one worth getting? Anything interesting about it. Also, how does it work? Is it really an Amex card or....?

Thanks for any info. 

[GoldSorata]

It uses the Amex payment network but it's not issued by Amex. It's issued by Bread Financial/Comenity. Since you already have a WF Active Cash, this card would be redundant (unless you just wanted to the sign up bonus).

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[dfwxjer]

Definitely not a real Amex and like the poster said above, it would be redundant with your WF card. 

[ficonightmare]

Anything issued by Comenity is a huge no for me anyway. 

Thanks. 

[RobertS2]

It's on the Amex network but not issued by Amex. It's a good card though! Those rewards are pretty elite. 

[ficonightmare]

It doesn't seem to offer anything I don't already have though. 

Was considering it just for the 200 offer but the above poster said it's issued by Comenity bank, and that's a red flag for me.