Charles Schwab Bank Savings Rate

Charles Schwab Bank's savings account pays 0.15% APY as of September 22, 2026, checked 7 minutes ago. The rate was lowered from 0.48% on September 20, 2026. Since RateBrain began tracking it in 2011, this savings account has paid as much as 0.50% (Jan 2019) and as little as 0.01% (Dec 2022). It is currently below the median savings rate we track (3.35% across 61 banks).

0.15% APY

down from 0.48% on Sep 20

Last checked: Sep 22 · 7 minutes ago
Minimum deposit: None

View on Charles Schwab Bank’s website »See all Charles Schwab Bank rates »

Rate history

Now 0.15% APY

All-time high 0.50% (Jan 2019)
Low 0.01% (Dec 2022)
1-year change −0.33
19 changes
Tracked since Feb 2011
Full rate history »

The gray line is the median savings rate across the banks we tracked each month.

Rate changes

Date	APY	Change
September 20, 2026	0.15%	−0.33
December 29, 2022	0.48%	+0.05
December 23, 2022	0.43%	+0.42
December 7, 2022	0.01%	−0.04
March 19, 2020	0.05%	−0.08
March 14, 2020	0.13%	−0.05
November 13, 2019	0.18%	−0.05
September 30, 2019	0.23%	−0.11
August 12, 2019	0.34%	−0.06
July 1, 2019	0.40%	−0.10
January 16, 2019	0.50%	+0.45
April 14, 2017	0.05%	−0.09
December 30, 2016	0.14%	+0.04
May 5, 2015	0.10%	−0.02
April 22, 2013	0.12%	−0.13
February 22, 2012	0.25%	−0.05
November 29, 2011	0.30%	−0.05
August 24, 2011	0.35%	−0.05
February 18, 2011	0.40%	first tracked

Set Up Rate Alert

https://ratebrain.com/charles-schwab-bank-savings-account

Copy link

Other Charles Schwab Bank rates

Other savings rates

All Savings rates »

Please Note: We are not a bank or credit union and are not affiliated with any. The information above is provided 'as is' and solely for informational purposes, not for specific financial advice. While we aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date. Please check with banks directly for the most up to date and accurate information.