Capital One vs. Charles Schwab Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Capital One
360 Performance Savings
3.40%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Capital One
360 Performance Savings
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.
Capital One vs. Charles Schwab Bank Savings Calculator
Capital One earns $1,964.4 more than Charles Schwab Bank.
Capital One
360 Performance Savings
Savings Breakdown
- Interest Earned+$2,050.50(10.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,050.50
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 Capital One vs. Charles Schwab Bank
Why Capital One?
- ✓Higher potential APY (3.40% vs 0.15%) on all balances
- ✓No checking account or direct deposit required
- ✓Physical branch access (Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C.)
- ✓Higher rated Android app (4.5 vs 2.9)
Why Charles Schwab Bank?
No distinct advantages found vs Capital One.
— Key Feature Differences —
Better Returns at $10,000
Capital OneCapital One's 360 Performance Savings earns more on smaller deposits (approx. $340 vs $15/yr).
Better Returns at $25,000
Capital OneCapital One's 360 Performance Savings pulls ahead with larger amounts (approx. $850 vs $38/yr).
Best for Simplicity
Capital OneCapital One's 360 Performance Savings offers 3.40% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Capital One's 360 Performance Savings pays $325 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
Capital One offers a significant advantage with its 360 Performance Savings account, boasting an APY of 3.40%, which is substantially higher than Charles Schwab Bank's Schwab Bank Investor Savings™ at just 0.15%. Capital One's product is noted for its simplicity, requiring no direct deposit and having no maintenance fees or minimum balance requirements. In contrast, while Schwab's account also has no maintenance fees, it yields a markedly lower return. Therefore, for those seeking higher returns on savings, Capital One is the clear winner.
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.
Stop Losing Interest
See who beats both Capital One and Charles Schwab Bank.
| Feature | Capital One | Charles Schwab Bank |
|---|---|---|
| APY | 3.40% Verified: 12/10/2025 ↘︎ 0.10%90d Change | 0.15% Verified: 12/10/2025 Stable (90d) |
| Product Name | 360 Performance Savings | Schwab Bank Investor Savings™ |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | Yes | Yes |
| Account Type | Online & Branches | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.5 | iOS4.8 Android2.9 |
| BBB Rating | A+ | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Capital One | Charles Schwab Bank |
|---|---|---|
| 360 Performance Savings | Schwab Bank Investor Savings™ | |
Current APY | 3.40% | 0.15% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.5 | -0.0 |
Days Since Change | 70 | 314 |
10-Month High | 3.80% | 0.15% |
10-Month Low | 3.40% | 0.15% |
Adjustments / Mo | 0.38 | 0.00 |
Volatility Score | 0.032 | 0.000 |
How to read these metrics(Click to expand)
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