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High Yield Investor Savings Account FAQs


Have questions about the Schwab Bank High Yield Investor Savings® account? We've got answers. Look below to find our responses to some of the most common questions we hear. Or, if you have questions that aren't answered here, please call us at 888-303-0310.


Is the money in my High Yield Investor Savings account FDIC-insured?

Yes. The funds in your High Yield Investor Savings account are insured up to $250,0001 by the Federal Deposit Insurance Corporation (FDIC) based on account ownership type.
Learn more about FDIC insurance.

Is this a fixed interest rate or will it change?

The High Yield Investor Savings account has a competitive variable interest rate, so it may change as market conditions vary.

Are there minimum balance requirements or monthly fees?

No. There is no minimum balance requirement to open or maintain a High Yield Investor Savings account, and there are no monthly service fees, regardless of your balance.

Take the next step.

Call 888-303-0310.