Let's open your individual savings account
Schwab Bank Investor Savings™ Account
Schwab One® Brokerage Account
We'll help you open a savings account that's linked to a Schwab brokerage account. You can open a new brokerage account or link to your existing eligible brokerage account.
What can you do with these linked accounts?
- Earn a competitive APY and grow your cash reserves while staying seamlessly connected to your investments.
- Transfer money instantly between your savings and brokerage accounts to take advantage of market opportunities.
- Manage your short‑term savings and long‑term investments with a single login.
What are the costs of opening and linking these accounts?
- $0 monthly service fees – no minimum balance requirements.
- No transfer fees between linked accounts, and no hidden charges.
- FDIC insurance up to $250,000 for your savings account.
What do you need to open these accounts?
- Your Social Security number
- Your employer's name and mailing address (if applicable)
- Your email address and mobile phone number
By continuing, you acknowledge that you have received the disclosure of the ownership rights and read the entirety of the Types of Account Ownership Summary Notice and affirm that you have used that information to select the account type you want to open.
Have an offer or referral code?
Already have a Schwab account?
Important Note: If approved, your Schwab Bank Investor Savings account will be opened with Charles Schwab Bank, SSB, Member FDIC. Your linked brokerage account will be opened with Charles Schwab & Co. Inc. (Member SIPC).
Savings accounts are FDIC‑insured. Brokerage accounts are not FDIC‑insured, are not deposits, and may lose value.
Savings accounts are FDIC‑insured. Brokerage accounts are not FDIC‑insured, are not deposits, and may lose value.
We care about our relationship with you.
Enter your offer or referral code
A promotional offer or referral code may be provided by Schwab or Schwab's partners. When you enter an offer or Schwab referral code, it will be applied to your new brokerage account when that account is approved.
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