Download the Schwab app from iTunes®Get the AppClose

  • Find a branch
  • Chat
To expand the menu panel use the down arrow key. Use Tab to navigate through submenu items.

Accounts & Products
Let's chat
Professional answers 24/7
Hi, have questions about our investment products? I can help …
Live chat

Money Market Funds


Schwab offers a wide selection of options to manage your cash and cash investments, including a range of money market funds, and other convenient solutions.

Money Market Funds

Choose money market funds to keep your money liquid while earning a competitive yield.
Learn more about Schwab Money Funds.

Solutions to invest your cash

Looking for other alternatives? If you’re not sure which cash and cash investment solutions to choose, we can help you figure out what’s right for you.

Explore solutions to invest your cash

Competitive Rates and Yields

Get a wide selection of competitive rates.

Money market funds emphasize stability of capital, liquidity and yield.

Schwab money market funds offer stability of capital, liquidity and yield. Note: Money market funds are not FDIC-insured.

As of 3/16/2017
Fund Name Taxable/Tax-Free Sweep1 Net Operating Expense Ratio2 7-Day Yield3
Schwab Value Advantage Money Fund® – Investor Shares (SWVXX) Taxable No 0.45% 0.583%
Schwab AMT Tax-Free Money Fund™ – Value Advantage Shares® (SWWXX) Tax-free4 No 0.45% 0.266%
Schwab Cash Reserves™ (SWSXX) Taxable Yes 0.66% 0.4%
Schwab Government Money Fund™ (SWGXX) Taxable Yes 0.72% 0.013%
Past performance is not an indication of future results.

Take the next step.

Buy money market funds through Schwab.

Open an Account or call 866-232-9890.

Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Performance data quoted represents past performance and does not indicate future results.

Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by clicking Investor Information or calling 800-435-4000. Please read the prospectus carefully before investing. Investment value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost

You could lose money by investing in a money market fund. All Schwab Money Funds with the exception of Schwab Variable Share Price Money Fund seek to preserve the value of your investment at $1.00 per share, but cannot guarantee they will do so. Effective October 14, 2016, all Schwab Money Funds with the exception of Schwab Government Money Fund, Schwab Treasury Money Fund, Schwab Treasury Obligations Fund, Schwab Retirement Government Money Fund, and Schwab Government Money Market Portfolio may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The money market fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.