A high‑yield savings account built for investors.
No monthly fees¹. Competitive APY. And a J.D. Power award‑winning bank. Start saving smarter today.
The benefits are worth saving for.
The Schwab Bank Investor Savings™ account is conveniently linked to a Schwab One® brokerage account², so you can easily transfer cash, earn a competitive APY, and manage your investing and savings in one place with a single login.
Effortless transfers
Move cash between your brokerage and savings accounts instantly³ — ready to invest or withdraw when you need it.
No monthly fees
$0 monthly service fees and no minimum balance requirements. Keep more of what you save.
FDIC insured & secure
Up to $250,000 FDIC insurance¹¹, plus fraud alerts and Schwab Security Guarantee for peace of mind.
#1 in Customer Satisfaction for Direct Bank Savings Accounts for the 7th year in a row.*
*Charles Schwab received the highest score in the savings segment of the J.D. Power 2019–2025 U.S. Direct Banking Satisfaction Studies. Visit jdpower.com/awards for more details.
Take a guided tour of our award‑winning savings features.
See how the Schwab Bank Investor Savings account helps you grow your cash, link to investing, and keep your money accessible — all in one powerful platform.
Want more from your savings account? Count on it.
Competitive APY
Earn a high annual percentage yield that helps your savings grow faster. Rates are variable and subject to change.
Robust mobile app
Check balances, transfer funds, deposit checks, and manage everything from your phone with Schwab Mobile Deposit™⁶.
24/7 client support
Schwab teams are ready to help with any questions about your savings account or banking needs.
Power up your savings.
Common investor savings questions.
It's quick to apply online. You can also call 888‑403‑9000 for assistance. All you need is basic personal information.
There is no minimum deposit requirement to open. The account can be funded after approval via transfer or direct deposit.
Interest is compounded daily and paid monthly. View the latest rates on our Pricing page. Rates are competitive and may change.