Charles Schwab Bank vs. TIMBR
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™
TIMBR
Premium Savings Account
4.40%APYDec 10, 2025FDIC InsuredLow MinimumsShow Fine Print & Trends Hide Details
TIMBR
Premium Savings Account
Charles Schwab Bank vs. TIMBR Savings Calculator
TIMBR earns $2,608.6 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
TIMBR
Premium Savings Account
Savings Breakdown
- Interest Earned+$2,694.70(13.0%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,694.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Charles Schwab Bank vs. TIMBR
Why Charles Schwab Bank?
- ✓Higher rated iOS app (4.8 vs 0.0)
Why TIMBR?
- ✓Higher potential APY (4.40% vs 0.15%) on all balances
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
TIMBRTIMBR's Premium Savings Account earns more on smaller deposits (approx. $440 vs $15/yr).
Better Returns at $25,000
TIMBRTIMBR's Premium Savings Account pulls ahead with larger amounts (approx. $1100 vs $38/yr).
Best for Simplicity
TIMBRTIMBR's Premium Savings Account offers 4.40% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, TIMBR's Premium Savings Account pays $425 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
TIMBR offers a clear advantage with its Premium Savings Account, boasting a competitive APY of 4.40%, significantly higher than Charles Schwab Bank's Schwab Bank Investor Savings™, which earns 0.15% APY. TIMBR's account requires a minimum deposit of $1,000 and is online-only, providing a straightforward savings option without direct deposit requirements or maintenance fees. In contrast, Schwab's account has no minimum deposit and no maintenance fees, but the yield is considerably lower. Overall, for those seeking higher returns, TIMBR is the superior choice.
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 TIMBR.
| Feature | Charles Schwab Bank | TIMBR |
|---|---|---|
| APY | 0.15% Verified: 12/10/2025 Stable (90d) | 4.40% Verified: 12/10/2025 Stable (90d) |
| Product Name | Schwab Bank Investor Savings™ | Premium Savings Account |
| Minimum Deposit | $0 | $1,000 |
| 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 | iOS- Android- |
| BBB Rating | A+ | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Charles Schwab Bank | TIMBR |
|---|---|---|
| Schwab Bank Investor Savings™ | Premium Savings Account | |
Current APY | 0.15% | 4.40% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | -1.3 |
Days Since Change | 293 | 240 |
10-Month High | 0.15% | 4.55% |
10-Month Low | 0.15% | 4.40% |
Adjustments / Mo | 0.00 | 0.10 |
Volatility Score | 0.000 | 0.013 |
How to read these metrics(Click to expand)
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