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Cash Solutions

Put your cash to work.

At Schwab, we believe you should have access to cash solutions that provide an attractive yield and smart features.

Our solutions fall under two categories: savings and investment cash and everyday cash. Compare the products, features, and benefits of each one to help you find the cash solution that fits your needs.

  • *Annual percentage yield.
  • †Yields shown represents the range of annualized fund yields, reflecting applicable waivers and based on the average income paid out over the prior 7 days assuming interest income was not reinvested. These yields represent past performance, which cannot guarantee future results. Were waivers not reflected, the yields would have been lower. Current performance may be lower or higher than the performance quoted. For more current performance please visit www.schwabfunds.com.
  • ‡The Funds' Investor Shares have no initial investment minimum; however, Schwab systems require a minimum of $1 per trade.
  • §The annual percentage yield displayed includes 3-months to 1-year values.
  • **Not applicable to Schwab Variable Share Price Money Fund.

Questions about cash solutions?

Call 800-435-4000.

Investors in money market funds should consider carefully information contained in the prospectus or, if available, the summary prospectus, including investment objectives, risks, charges, and expenses. Please read it carefully before investing.

  1. The Schwab Bank High Yield Investor Savings Account®, with a minimum balance of $0.01, offers a annual percentage yield (APY) as of . This rate is variable and may change without notice.
  2. You can make no more than six transfers from your High Yield Investor Savings account per monthly statement cycle to any other Schwab Bank or Schwab Brokerage account(s), any account(s) you hold at other financial institutions, or to third parties by means of a Schwab Bank Visa Platinum Debit Card purchase, a preauthorized or automatic transfer, or telephone, fax, online, wire, or overdraft protection transfers. These limits do not apply to cash withdrawals from your account or to funds transfers made to another Schwab Bank account if conducted by mail or at an ATM.
  3. 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. Unlimited ATM fee rebates apply to cash withdrawals using the Schwab One Visa® Platinum Check Card or the Schwab Bank Visa® Platinum Debit Card at ATM's where they are accepted. ATM fee rebates do not apply to any fees other than fees assessed for using an ATM to withdraw cash from your Charles Schwab & Co., Inc. Schwab One brokerage account or your Charles Schwab Bank account. Charles Schwab & Co., Inc. and Charles Schwab Bank make their best efforts to identify those ATM fees eligible for rebate, based on information they receive from Visa and from ATM operators. In the event that you have not received a rebate for a fee that you believe is eligible, please call a Schwab One Client Service Specialist at 1-800-421-4488 or a Schwab Bank Client Service Specialist at 1-888-403-9000. Charles Schwab & Co., Inc. and Charles Schwab Bank reserve the right to modify or discontinue this ATM fee rebate at any time.
  5. If you use your card to withdraw foreign currency from an ATM or to pay for a purchase with foreign currency, we charge your account for the U.S. dollar equivalent of the transaction. Depending on the specific arrangements that are in place, the exchange rate and calculation of the U.S. dollar equivalent will be done by the bank at which you conduct the transaction, the network to which the ATM belongs, or Visa®. The bank or network may also charge a fee.
  6. The Schwab Mobile Deposit™ service is subject to certain eligibility requirements, limitations, and other conditions. Enrollment is not guaranteed, and standard hold policies apply. Requires a wireless signal or mobile connection. Mobile carrier data charges may apply.
  7. May be subject to state, local, and the federal Alternative Minimum Tax. Capital gains are not exempt from federal taxes.
  8. Fund expenses and other fees may apply.
  9. CDs from Schwab CD OneSource® are issued by FDIC-insured institutions and are subject to change and system access. Funds are FDIC-insured up to $250,000 per depositor per insured institution, based on account ownership type. Visit www.fdic.gov for details. For most CDs, there are no additional commission charges when you buy a CD through Schwab CD OneSource. However, there may be costs and market value adjustments associated with early redemption. Certificates of deposit available through Schwab CD OneSource typically offer a fixed rate of return, although some offer variable rates. Certificates of Deposit (CDs) available through Schwab CD OneSource typically offer a fixed rate of return, although some offer variable rates. The Annual Percentage Yield (APY) quoted are current as of the date shown and pertain to terms ranging from 3 months to 1 year. The minimum quantity is generally $1,000 face amount, but may vary by offering. CDs may be subject to an early withdrawal penalty.
  10. Funds deposited at an FDIC-insured institution are insured, in aggregate, up to $250,000 per depositor, per insured institution, based upon account type, by the Federal Deposit Insurance Corporation (FDIC). The FDIC considers any other deposits you may have with an issuing bank. CDs you purchase from a particular bank are aggregated with any other deposits you may have with the issuing bank for purposes of determining FDIC insurance coverage (e.g., if you already have deposits of $250,000 with a bank, CDs you purchase from the same bank in the same ownership category may not be covered). Because the deposit insurance rules are complex, you may want to use the FDIC’s Electronic Deposit Insurance Estimator (EDIE) to estimate your total coverage at any particular bank.
  11. Not all services are available on retirement accounts or in certain Schwab One accounts (those owned by organizations or in managed accounts).
  12. Schwab One Interest and Bank Sweep are the two primary cash features. Money Fund Sweep feature is an additional cash feature available to certain accounts. Please note Schwab One Interest and the Money Fund Sweep feature are not FDIC-insured. As of , the Annual Percentage Yield (APY) quoted for Schwab One Interest and Bank Sweep is with a minimum balance of $0.01; it is quoted at for balances over $1,000,000. This rate is variable and may change without notice.
  13. Bank Sweep deposits are held at one or more FDIC-insured banks (Charles Schwab Bank, Charles Schwab Trust Bank, and Charles Schwab Premier Bank) ("Affiliated Banks") that are affiliated with Charles Schwab & Co., Inc. Funds deposited at Affiliated Banks are insured, in aggregate, up to $250,000 per Affiliated Bank, per depositor, for each account ownership category, by the Federal Deposit Insurance Corporation (FDIC). Securities products and services (including unswept or intra-day cash, net credit or debit balances, and money market funds) offered by Charles Schwab & Co., Inc. (member SIPC) are not deposits or obligations of the Affiliated Banks, are subject to investment risk, are not FDIC insured, may lose value, and are not Affiliated Bank-guaranteed. Charles Schwab & Co., Inc. and the Affiliated Banks are separate entities and are all affiliates of The Charles Schwab Corporation.
  14. Schwab One Interest is not a bank account and is not FDIC-insured. Charles Schwab & Co., Inc. is a member of the Securities Investor Protection Corporation (SIPC), which provides up to $500,000 (including $250,000 for claims for cash) of coverage when aggregated with other securities and cash held by you in the same capacity at Charles Schwab & Co., Inc. SIPC coverage protects eligible brokerage assets up to applicable limits in the case of a brokerage firm’s insolvency. It does not protect against investment losses.
  15. The Schwab Bank High Yield Investor Checking account is available only as a linked account with a Schwab One brokerage account. The Schwab One brokerage account has no minimum balance requirements, minimum balance charges, minimum trade requirements, and there is no requirement to fund this account, when opened with a linked High Yield Investor Checking account. To learn more about other Schwab Bank checking accounts, please contact Schwab Bank at 888-403-9000.
  16. The Schwab Bank High Yield Investor Checking® account, with a minimum balance of $0.01, offers a annual percentage yield (APY) as of . This rate is variable and may change without notice. Free checks: limited styles only.
  17. Online and Mobile bill pay: Requires access to Schwab.com or Schwab Mobile via 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. Functionality may vary by operating system and/or device.
  18. Use of your card through a mobile wallet is also subject to the terms and conditions of your Schwab Bank Deposit Account Agreement (which contains information on any potential liability for unauthorized transactions), your Visa Debit Card Agreement, the terms and conditions of the mobile wallet you use, the privacy policy set forth at www.schwab.com and the privacy policy of the mobile wallet you use.

    Android, Google Play, and Google Pay are trademarks of Google Inc. Use of these trademarks are subject to Google Permissions.

    Apple, the Apple logo, iPhone, and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay, Touch ID and Apple Watch are trademarks of Apple Inc.

    Samsung, Samsung Pay, Samsung Gear, Galaxy S and Gear S (and other device names) are trademarks or registered trademarks of Samsung Electronics Co., Ltd. Use only in accordance with law. Other company and product names mentioned may be trademarks of their respective owners. Samsung Pay is available on select Samsung devices.

You could lose money by investing in the Schwab Money Funds. 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. Because the share price of the Schwab Variable Share Price Money Fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. All Schwab Money Funds with the exception of Schwab Government Money Fund, Schwab U.S. Treasury Money Fund, Schwab Treasury Obligations Fund, Schwab Government Money Market Portfolio, and Schwab Retirement Government Money Fund 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 the Schwab Money Funds is not insured or guaranteed by the FDIC or any other government agency. The Schwab Money Funds’ sponsor has no legal obligation to provide financial support to the Funds, and you should not expect that the sponsor will provide financial support to the Funds at any time.

Charles Schwab & Co. Inc., Charles Schwab Bank, Charles Schwab Trust Bank, and Charles Schwab Premier Bank are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Brokerage products and services are offered by Charles Schwab & Co., Inc., member SIPC. Deposit and lending products and services are offered by Schwab Bank, member FDIC and an Equal Housing Lender.

Charles Schwab Investment Management, Inc. (CSIM), the investment advisor for Schwab Funds®, and Charles Schwab & Co., Inc. ("Schwab"), Member SIPC, the distributor for Schwab Funds, are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.

©2018 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. (1019-9YRH)