Charles Schwab Bank vs. Jenius Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Charles Schwab BankSchwab Bank Investor Savings™ Jan 7, 2026 | Jenius BankJenius Savings Jan 7, 2026 |
|---|---|---|
| APY | 0.15% | 4.05% |
Est. Earnings | $5,000+$8 $10,000+$15 $25,000+$38 | $5,000+$203 $10,000+$405 $25,000+$1,013 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppIn-Person AccessZelle® Supported | FDIC InsuredNo Minimums |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Charles Schwab Bank vs. Jenius Bank
As of Charles Schwab Bank offers an APY of 0.15% for its Schwab Bank Investor Savings™ account, with a minimum balance of $0.01, compared to Jenius Bank's 4.05% APY for its Jenius Savings account, with a minimum balance of $0.
Jenius Bank pays $390 more than Charles Schwab Bank on a $10,000 balance after one year. Charles Schwab Bank pays $15, while Jenius Bank pays $405 - an APY advantage for Jenius Bank.
Why Charles Schwab Bank?
- ✓Higher rated iOS app (4.8 vs 4.0)
- ✓Fast transfers via Zelle®
Why Jenius Bank?
- ✓Higher potential APY (4.05% vs 0.15%) on all balances
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
Jenius BankJenius Bank's Jenius Savings earns more on smaller deposits (approx. $405 vs $15/yr).
Better Returns at $25,000
Jenius BankJenius Bank's Jenius Savings pulls ahead with larger amounts (approx. $1013 vs $38/yr).
Best for Simplicity
Jenius BankJenius Bank's Jenius Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Jenius Bank's Jenius Savings pays $390 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 as of
Jenius Bank offers a notable advantage with its Jenius Savings account, providing a competitive APY of 4.05%, making it a strong choice for savers looking for higher returns. This account is online-only, requires no minimum deposit, and has no maintenance fees or direct deposit requirements, making it simple to manage. In contrast, Charles Schwab Bank's Schwab Bank Investor Savings™ yields a much lower APY of 0.15%, though it also has no minimum deposit or maintenance fees. For those seeking higher interest on their savings, Jenius Bank is the clear winner.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Charles Schwab Bank vs. Jenius Bank Savings Calculator
You earn $390 more with Jenius Bank than Charles Schwab Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Charles Schwab Bank
Schwab Bank Investor Savings™
Savings Breakdown
- Interest Earned+$15.00(0.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,015.00
Jenius Bank
Jenius Savings
Savings Breakdown
- Interest Earned+$405.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,405.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Charles Schwab Bank | Jenius Bank |
|---|---|---|
| APY | 0.15% Verified: 1/7/2026 Stable (90d) | 4.05% Verified: 1/7/2026 ↘︎ 0.15%90d Change |
| Product Name | Schwab Bank Investor Savings™ | Jenius Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android2.8 | iOS4.0 Android3.6 |
| Zelle® Support | Available Integrated into Investor Checking; high liquidity. | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Charles Schwab Bank Non-sponsored link to official site | Visit SiteVerify at Jenius Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Charles Schwab Bank | Jenius Bank |
|---|---|---|
| Schwab Bank Investor Savings™ | Jenius Savings | |
Current APY | 0.15% | 4.05% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | -2.6 |
Days Since Change | 342 | 50 |
11-Month High | 0.15% | 4.50% |
11-Month Low | 0.15% | 4.05% |
Adjustments / Mo | 0.00 | 0.18 |
Volatility Score | 0.000 | 0.028 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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