Schwab Bank Investor Savings™ account

Save for what's next while keeping your money within reach.

Features

  • 0.15%

    APY¹ on your savings account balance

  • $0

    No monthly service fees

Why save with Schwab Bank?

  • Manage your savings alongside your investing and everyday banking.

  • Monitor, make deposits, and move money quickly across your Schwab accounts with one login.

  • FDIC-insured savings up to $250,000.²

Common Investor Savings questions.

Already a Schwab client?

It's quick and easy to apply online once you've gathered the required information. Log in to get started.

New to Schwab?

Download and complete the Investor Savings application, then mail your completed application to one of the addresses below:

 

Regular Mail (West)

Charles Schwab & Co., Inc.

P.O. Box 982600

El Paso, TX 79998-2600

 

Regular Mail (East)

Charles Schwab & Co., Inc.

P.O. Box 2339

Omaha, NE 68103

 

Need help? Call 800-435-4000 anytime for assistance.

Yes. Funds in your Investor Savings account can be accessed with the Schwab Bank Visa® Platinum Debit Card. You'll have no ATM fees, since we reimburse any ATM fees you are charged.3

  • 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.4
  • Request a wire transfer to your account from another financial institution.

Take the next step.

Looking for other cash solutions to help you reach your goals?

See rates for cash products at Schwab and compare the features and benefits of each.