Cash Investments
Cash Investments

Looking for more ways to put your cash to work?

Cash is an important part of any portfolio. We're here to help you find the cash solutions that best fit your financial strategy.


Savings and investment cash

Savings and investment cash

  • Through Schwab Bank, Member FDIC

    Schwab Bank High Yield Investor Savings® account

    0.05% APY*1


    Get a competitive yield regardless of your balance and keep your liquid savings growing.

    • No minimum balance or monthly account service fees

    • Easy transfers to your other Schwab bank and brokerage accounts2

    • Up to $250,000 FDIC-insured3

    • Unlimited ATM fee rebates4 and no foreign transaction fees5

    • Deposit checks using the Schwab Mobile app6 for iPhone®, iPad®, and Android™.

    • Note: As with any savings account, you are limited to six monthly withdrawals.

  • Through Schwab brokerage & retirement accounts

    Schwab Purchased Money Funds

     0.01%-0.01% Yields


    You can earn taxable or tax-exempt7 income while seeking stability of capital and liquidity.

    • No transaction fees8 and an initial investment starting at $0

    • Next-day access to funds if shares are sold by 4 p.m. Eastern time

    • Generally seeks to preserve value at $1.00 per share**

    • Convenient access to potentially higher yields on cash

    • Prime, municipal, and government money funds

    • Either taxable or tax-exempt income7

    • Money funds available for retail and institutional accounts

  • Through Schwab brokerage & retirement accounts

    Certificates of Deposit

    0.15%-0.3% APY§9


    Certificates of deposit (CDs) provide steady income with federally protected principal.

    • One-stop marketplace for CDs

    • Fixed term: 30 days or more

    • FDIC-insured up to $250,000 per bank9

    • Conduct easy online transactions in your Schwab account via Schwab.com or with the help of a Fixed Income Specialist.

    • CDs allow you to lock in a rate for a set period of time and get a predictable payout.

    • Extend your FDIC coverage10 by purchasing CDs from multiple banks.

    • Get attractive rates within one brokerage account through Schwab CD OneSource, a marketplace of CDs from banks across the U.S.


Everyday cash

Everyday cash

  • Through Schwab brokerage & retirement accounts

    Uninvested cash in your Schwab brokerage and Schwab retirement accounts

    0.01% APY12


    Uninvested cash11 earns interest12 and is readily accessible for purchasing investments and managing daily expenses.13

    • Easy access to ATMs worldwide, online bill pay, free standard checks, and other cash management features

    • Immediate access to funds for buying most investments

    • Bank Sweep deposits are eligible for FDIC insurance.14 Schwab One Interest balances are eligible for SIPC coverage.15

    • Unlimited ATM fee rebates4 and no foreign transaction fees5

    • Schwab One® Visa® Platinum Debit Card with EMV chip for added security

    • Deposit checks using the Schwab Mobile app6 for iPhone, iPad, and Android.

  • Through Schwab Bank, Member FDIC

    Schwab Bank High Yield Investor Checking®, linked to a Schwab One® brokerage account

    0.03% APY17


    Save on bank fees, earn interest, travel with confidence, and easily access cash for daily spending needs.16

    • Easy access to ATMs worldwide, online and mobile bill pay,18 free standard checks, and mobile wallets19

    • Easy transfers to your linked Schwab One brokerage accounts

    • Up to $250,000 FDIC-insured3

    • No monthly service fees or account minimums

    • Unlimited ATM fee rebates4 and no foreign transaction fees5

    • Schwab Bank Visa® Platinum Debit Card with EMV chip for added security

    • Security features like debit card transaction alerts, travel notices, and card lock/unlock

    • Use with Apple Pay®, Google Pay™, and Samsung Pay®.18

    • Deposit checks using the Schwab Mobile app6 for iPhone, iPad, and Android.

Questions about cash solutions?