Charles Schwab Bank
| 2423 E. Lincoln Drive Phoenix, AZ 85016 888-403-9000 http://www.schwabbank.com/index.do |
![]() |
Related Blog Posts
Charles Schwab Bank Cuts Savings and Checking Rates - 2/4/2010
High Yield Savings Account rate is now 0.75% APY (was 1.05%). High Yield Investor Checking rate is now 0.60% APY (was 0.75%). It's hard to believe that this checking account rate used to be 4.25% APY ...
Charles Schwab Bank's High Yield Investor Savings Account - 2/27/2009
Update 8/18/09: The rate has fallen to 1.05% APY. Refer to the bottom of the post for the rate history.Charles Schwab has started a new savings account called the Schwab Bank High Yield Investor Savings. The yield as of 2/27/09 is 2.00% APY which is a...

Reviews
Anonymous says
Great bank. I have all my investments with Schwab, so using them as a bank is very convinient and worth suffering the slightly lower rates than other places. But they make up for the lower rate with great service and free everyting from prepaid deposit slips, free checks, no ATM fees, no foreign transaction or conversion fees, etc. The Schwab credit card rewards that gives 2% back on everything is still THE BEST rewards credit card out there. I highly reccomend it.
As of 1/22/10, the rates listed here are still wrong. The checking account yields 0.75% and the savings 1.05%. I tried the "report an issue" button on this site, but after you type, there is no button to push to actually submit it.
As of 1/22/10, the rates listed here are still wrong. The checking account yields 0.75% and the savings 1.05%. I tried the "report an issue" button on this site, but after you type, there is no button to push to actually submit it.
Current Rates
| Charles Schwab Bank | 2.00% | 60 Month CD | 3/17/2010 |
| Charles Schwab Bank | 1.70% | 48 Month CD | 3/17/2010 |
| Charles Schwab Bank | 1.50% | 36 Month CD | 3/17/2010 |
| Charles Schwab Bank | 1.10% | 24 Month CD | 3/17/2010 |
| Charles Schwab Bank | 0.75% | High Yield Investor Savings | 3/17/2010 |
| Charles Schwab Bank | 0.75% | Money Market Deposit Account | 3/17/2010 |
| Charles Schwab Bank | 0.52% | Interest Checking Plus Account | 3/17/2010 |
| Charles Schwab Bank | 0.50% | Money Market Deposit Account | 3/17/2010 |
| Charles Schwab Bank | 0.50% | 12 Month CD | 3/17/2010 |
| Charles Schwab Bank | 0.50% | 18 Month CD | 3/17/2010 |
| Charles Schwab Bank | 0.25% | Money Market Deposit Account | 3/17/2010 |
| Charles Schwab Bank | 0.20% | 6 Month CD | 3/17/2010 |
| Charles Schwab Bank | 0.10% | Interest Checking Account | 3/17/2010 |
| Charles Schwab Bank | 0.10% | 3 Month CD | 3/17/2010 |




Anonymous - #1, Friday, January 22, 2010 - 2:10 PM CT
Great bank. I have all my investments with Schwab, so using them as a bank is very convinient and worth suffering the slightly lower rates than other places. But they make up for the lower rate with great service and free everyting from prepaid deposit slips, free checks, no ATM fees, no foreign transaction or conversion fees, etc. The Schwab credit card rewards that gives 2% back on everything is still THE BEST rewards credit card out there. I highly reccomend it.
As of 1/22/10, the rates listed here are still wrong. The checking account yields 0.75% and the savings 1.05%. I tried the "report an issue" button on this site, but after you type, there is no button to push to actually submit it.