Open an Investor Savings account to make managing finances simpler.

With the Schwab Bank Investor Savings^™ account, you get:

• 0.15% APY¹ on your savings account balance (variable rate; rate as of May 22, 2026)
• $0 monthly service fees²
• Powerful mobile apps³ to access your account or transfer money
• Check deposit from anywhere with Schwab Mobile Deposit™³
• FDIC-insured savings (up to $250,000)⁴

Schwab One brokerage accounts are not insured by the FDIC; are not deposits; and may lose value.

No. The Schwab Bank Investor Savings™ account has a monthly service charge of $0.² Other account fees, fund expenses, and brokerage commissions may apply to your linked Schwab One^® brokerage account. See our Deposit Account Pricing Guide for comprehensive details on fees.

Schwab One brokerage accounts are not insured by the FDIC; are not deposits; and may lose value.

No. Schwab Bank Investor Savings has a $0 minimum opening deposit. There is no minimum balance requirement to maintain the account.

Schwab One brokerage accounts are not insured by the FDIC; are not deposits; and may lose value.

No. Schwab Bank Investor Savings™ is a variable-rate, interest-bearing savings account. At our discretion, we may change your interest rate and annual percentage yield daily. The APY on the Schwab Bank Investor Savings™ account offers 0.15% as of May 22, 2026; this rate is variable and may change without notice.¹ Current rates and balance tiers are available on our Rates & Features page or by calling 1(800)258-0044.

Yes. Funds deposited at Charles Schwab Bank are insured, in aggregate, up to $250,000 based on account ownership type, by the Federal Deposit Insurance Corporation (FDIC).⁴ Learn more about FDIC insurance.

Funds in your Investor Savings account earn a variable interest rate. We compound interest daily at the rate in effect for your end-of-day Ledger Balance. We credit interest to your account after the close of business on the last day of each Statement Period for your account. When you deposit a non-cash item, such as a check, interest begins to accrue no later than the Business Day on which we receive credit for that item.

Schwab Bank Investor Savings uses balance tiers. The interest rate and Annual Percentage Yield (APY) applied to your account depend on your daily balance tier. Each tier reflects the current minimum balance required each day to obtain the applicable APY. For current tier levels and rates, visit our Rates & Features page or call 1(800)258-0044.

Because Investor Savings is a variable-rate account, the interest rate and APY may change at any time at our discretion. If the interest rate on your Investor Savings account changes, we will provide notice in accordance with your Schwab Bank Deposit Account Agreement and applicable regulations.

No. Checks may not be written on the Schwab Bank Investor Savings™ account. To access your funds, you can request a cashier's check online, initiate a wire transfer, or send an ACH transfer to a linked external account.

You can move funds from your Investor Savings account by requesting a cashier's check online, initiating a wire transfer, or sending an ACH transfer to a linked external account. You may also transfer funds online to your linked Schwab One^® brokerage account or other eligible Schwab Bank accounts.

Federal regulations may limit certain types of transfers from savings accounts each monthly statement cycle. For details on limits that apply to your account, call 1(800)258-0044.

Federal regulations limit the number of withdrawals and transfers from a savings account to a total of six (6) each monthly statement cycle. The types of transfers that are limited include transfers to any other Schwab Bank or Schwab Brokerage account(s), transfers to accounts you hold at other financial institutions, or transfers to third parties by means of:

• A preauthorized or automatic transfer;
• Telephone, fax, or online transfer;
• Wire or ACH transfer; or
• Overdraft protection transfers.

If you exceed these limits on more than an occasional basis, we may convert your account to another type of account, or we may close it and transfer the funds into another account that you have with us.

The Schwab Bank Investor Savings™ account does not include a debit card or ATM access. To access your funds, you can:

• Request a cashier's check online;
• Initiate a wire transfer; or
• Send an ACH transfer to a linked external account.

You can also transfer funds online to your linked Schwab One^® brokerage account or other eligible Schwab Bank accounts. For help, call 1(800)258-0044.

• Transfer funds to your savings account online from a Schwab One^® brokerage account or Schwab Bank Investor Checking^™ account.
• Set up direct deposit into your Investor Savings account.
• Apply for Schwab Mobile Deposit™ to make deposits from anywhere.³
• Mail a check to Schwab Bank using a free postage-paid envelope.
• Request a wire transfer to your account from another financial institution.

Yes. The Schwab Mobile application and Schwab Mobile Deposit service is available for Schwab Bank Investor Savings™ clients who also have a Schwab brokerage account.³ Requires a wireless signal or mobile connection. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons. For help enrolling, call 1(800)258-0044.

Yes. Powerful mobile apps³ let you access your account or transfer money. You can also manage your Investor Savings account through online account access at schwabbank-ssb.com.

You can open a Schwab Bank Investor Savings™ account online. Open a savings account to get started, or call 1(800)258-0044 anytime for assistance.