Schwab does not offer a true high-yield savings account
Log in to your Schwab account
Go to Accounts or Open an Account
Choose the account type you want, such as Schwab Bank Investor Checking or a brokerage account
If you want cash to earn interest, consider a money market fund inside a Schwab brokerage account
Complete the application and funding steps
Review the account terms and submit the application
Wait for approval and account setup confirmation