Bread Savings vs. Charles Schwab Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Bread Savings
High-Yield Savings Account
4.10%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Bread Savings
High-Yield Savings Account
Charles Schwab Bank
Schwab Bank Investor Savings™
0.15%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppIn-Person AccessShow Fine Print & Trends Hide Details
Charles Schwab Bank
Schwab Bank Investor Savings™
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Bread Savings vs. Charles Schwab Bank Savings Calculator
Bread Savings earns $2,413.3 more than Charles Schwab Bank.
Bread Savings
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,499.40(12.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,499.40
Charles Schwab Bank
Schwab Bank Investor Savings™
Savings Breakdown
- Interest Earned+$86.10(0.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,086.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Bread Savings vs. Charles Schwab Bank
Why Bread Savings?
- ✓Higher potential APY (4.10% vs 0.15%) on all balances
- ✓No checking account or direct deposit required
- ✓Higher rated Android app (4.5 vs 2.9)
Why Charles Schwab Bank?
No distinct advantages found vs Bread Savings.
— Key Feature Differences —
Better Returns at $10,000
Bread SavingsBread Savings's High-Yield Savings Account earns more on smaller deposits (approx. $410 vs $15/yr).
Better Returns at $25,000
Bread SavingsBread Savings's High-Yield Savings Account pulls ahead with larger amounts (approx. $1025 vs $38/yr).
Best for Simplicity
Bread SavingsBread Savings's High-Yield Savings Account offers 4.10% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Bread Savings's High-Yield Savings Account pays $395 more interest on a $10,000 balance than Charles Schwab Bank's Schwab Bank Investor Savings™.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Bread Savings offers a High-Yield Savings Account with a competitive APY of 4.10%, significantly outperforming Charles Schwab Bank's Schwab Bank Investor Savings™, which has a much lower APY of 0.15%. Bread Savings's account requires a minimum deposit of $100, has no maintenance fees, and does not require direct deposit, making it an attractive option for savers. In contrast, Charles Schwab's account has a minimum balance requirement of just $0.01 but offers negligible returns. Overall, Bread Savings is the clear winner for those seeking higher interest rates.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Bread Savings and Charles Schwab Bank.
| Feature | Bread Savings | Charles Schwab Bank |
|---|---|---|
| APY | 4.10% Verified: 12/10/2025 ↘︎ 0.15%90d Change | 0.15% Verified: 12/10/2025 Stable (90d) |
| Product Name | High-Yield Savings Account | Schwab Bank Investor Savings™ |
| Minimum Deposit | $100 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.5 | iOS4.8 Android2.9 |
| BBB Rating | A+ | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bread Savings | Charles Schwab Bank |
|---|---|---|
| High-Yield Savings Account | Schwab Bank Investor Savings™ | |
Current APY | 4.10% | 0.15% |
Trend | Stable | Stable |
Velocity (bps/mo) | -2.6 | -0.0 |
Days Since Change | 5 | 314 |
10-Month High | 4.40% | 0.15% |
10-Month Low | 4.10% | 0.15% |
Adjustments / Mo | 0.57 | 0.00 |
Volatility Score | 0.020 | 0.000 |
How to read these metrics(Click to expand)
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