Charles Schwab Bank vs. Quontic Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
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™
Quontic Bank
High Yield Savings
3.75%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Quontic Bank
High Yield 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.
Charles Schwab Bank vs. Quontic Bank Savings Calculator
Quontic Bank earns $2,187.7 more than Charles Schwab Bank.
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
Quontic Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$2,273.80(11.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,273.80
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Charles Schwab Bank vs. Quontic Bank
Why Charles Schwab Bank?
No distinct advantages found vs Quontic Bank.
Why Quontic Bank?
- ✓Higher potential APY (3.75% vs 0.15%) on all balances
- ✓No checking account or direct deposit required
- ✓Higher rated Android app (4.8 vs 2.9)
— Key Feature Differences —
Better Returns at $10,000
Quontic BankQuontic Bank's High Yield Savings earns more on smaller deposits (approx. $375 vs $15/yr).
Better Returns at $25,000
Quontic BankQuontic Bank's High Yield Savings pulls ahead with larger amounts (approx. $938 vs $38/yr).
Best for Simplicity
Quontic BankQuontic Bank's High Yield Savings offers 3.75% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Quontic Bank's High Yield Savings pays $360 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
Quontic Bank offers a significant advantage with its High Yield Savings account, boasting an impressive APY of 3.75%. This product is online-only and requires a minimum deposit of $100, but it has no maintenance fees and no direct deposit requirement. In contrast, Charles Schwab Bank's Schwab Bank Investor Savings™ provides a much lower APY of 0.15%, also with no minimum deposit or maintenance fees. While Schwab's account is accessible without restrictions, the substantial difference in rates makes Quontic the clear winner for those seeking higher returns on their savings.
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 Charles Schwab Bank and Quontic Bank.
| Feature | Charles Schwab Bank | Quontic Bank |
|---|---|---|
| APY | 0.15% Verified: 12/10/2025 Stable (90d) | 3.75% Verified: 12/10/2025 Stable (90d) |
| Product Name | Schwab Bank Investor Savings™ | High Yield Savings |
| Minimum Deposit | $0 | $100 |
| 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 Android2.9 | iOS4.8 Android4.8 |
| BBB Rating | A+ | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Charles Schwab Bank | Quontic Bank |
|---|---|---|
| Schwab Bank Investor Savings™ | High Yield Savings | |
Current APY | 0.15% | 3.75% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | -1.4 |
Days Since Change | 314 | 166 |
10-Month High | 0.15% | 3.85% |
10-Month Low | 0.15% | 3.75% |
Adjustments / Mo | 0.00 | 0.10 |
Volatility Score | 0.000 | 0.013 |
How to read these metrics(Click to expand)
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