Charles Schwab Bank vs. Vio 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™
Vio Bank
Online Savings Account
4.16%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppShow Fine Print & Trends Hide Details
Vio Bank
Online Savings Account
Charles Schwab Bank vs. Vio Bank Savings Calculator
Vio Bank earns $2,452.2 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
Vio Bank
Online Savings Account
Savings Breakdown
- Interest Earned+$2,538.30(12.4%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,538.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Charles Schwab Bank vs. Vio Bank
Why Charles Schwab Bank?
No distinct advantages found vs Vio Bank.
Why Vio Bank?
- ✓Higher potential APY (4.16% vs 0.15%) on all balances
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
Vio BankVio Bank's Online Savings Account earns more on smaller deposits (approx. $416 vs $15/yr).
Better Returns at $25,000
Vio BankVio Bank's Online Savings Account pulls ahead with larger amounts (approx. $1040 vs $38/yr).
Best for Simplicity
Vio BankVio Bank's Online Savings Account offers 4.16% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Vio Bank's Online Savings Account pays $401 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
Vio Bank offers a significant advantage with its Online Savings Account, providing an impressive APY of 4.16%, which is substantially higher than Charles Schwab Bank's Schwab Bank Investor Savings™ at 0.15%. Vio Bank's account is online-only, requires a minimum deposit of $100, but has no maintenance fees if electronic statements are selected. In contrast, Schwab Bank's savings account has no minimum deposit requirement and no maintenance fees, but it yields far less. Overall, Vio Bank is the clear winner for those seeking higher returns.
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 Vio Bank.
| Feature | Charles Schwab Bank | Vio Bank |
|---|---|---|
| APY | 0.15% Verified: 12/10/2025 Stable (90d) | 4.16% Verified: 12/10/2025 - |
| Product Name | Schwab Bank Investor Savings™ | Online Savings Account |
| Minimum Deposit | $0 | $100 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $0 | $0, if electronic statements selected, otherwise $5 |
| 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 | iOS4.6 Android3.4 |
| BBB Rating | A+ | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Charles Schwab Bank | Vio Bank |
|---|---|---|
| Schwab Bank Investor Savings™ | Online Savings Account | |
Current APY | 0.15% | 4.16% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | -6.4 |
Days Since Change | 26 | 19 |
1-Month High | 0.15% | 4.21% |
1-Month Low | 0.15% | 4.16% |
Adjustments / Mo | 0.00 | 1.11 |
Volatility Score | 0.000 | 0.005 |
How to read these metrics(Click to expand)
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