Does Charles Schwab pay interest on uninvested cash as of December 2024?
If you have uninvested cash lying around on your brokerage account, you should make it work for you in a low-risk way instead of letting it lose value. Many brokers now offer meaningful interest on your idle cash.
'Conditions may apply': check the fine print for receiving interest
The interest you can earn on uninvested cash in your brokerage account may vary depending on different factors, so you should always check the exact conditions that apply.
The most frequent factors that usually influence the rate you will get are account type, minimum balance requirements, and account size, for example.
Below you can find all the information we have on cash interest at Charles Schwab, straight from our Charles Schwab review:
Interest earned on uninvested cash
As of the time of the review, Charles Schwab provides the following interest rates on uninvested cash:
- 0.1% for USD
Find the best brokers for earning interest on your uninvested cash
Does your broker not offer any interest on idle cash? Or do you want to check whether its interest rates are competitive with the rest of the market?
Check our toplist of the best brokers for cash interest to find brokers with the most attractive rates.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Diversifying your investments
- Charles Schwab stock conditions explained
- Stock trading at Charles Schwab: an expert guide and rating
- Charles Schwab penny stocks trading conditions explained
- Charles Schwab bond availability
- ETF trading conditions at Charles Schwab explained
- Charles Schwab fractional shares trading conditions explained
- Are margin interest rates low at Charles Schwab?
- Charles Schwab ESG investing
- Charles Schwab invest $100,000
- Charles Schwab IPO accessibility
- Charles Schwab Mexican stocks trading availability
- Charles Schwab US stock trading details
- Charles Schwab Australian stocks trading availability
- Charles Schwab Canadian stocks trading availability
- Charles Schwab Japanese stocks trading availability
- Charles Schwab French stocks trading availability
- Charles Schwab Italian stocks trading availability
- Charles Schwab Swiss stocks trading availability
- Charles Schwab Hong Kong stocks trading availability
- Charles Schwab Dutch stocks trading availability
- Charles Schwab Spanish stocks trading availability
- Charles Schwab Singapore stocks trading availability
- Charles Schwab Swedish stocks trading availability
- Charles Schwab Norwegian stocks trading availability
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
