No-Hassle, Full-Featured Checking Account
- No ATM fees. Receive unlimited ATM fee reimbursements.2
- No minimum balance or monthly service fees.4
- Free online bill pay and free checks. Pay bills online, and get standard
checks and a Visa® Platinum Debit Card—all at no charge.
- Competitive 0.10% APY. Earn 0.10% variable Annual Percentage Yield.1
- FDIC-insured. Checking account is insured up to $250,000.3
When you open a Schwab Bank High Yield Investor Checking account, it’s automatically linked to a Schwab One® brokerage account, which also has no account minimums and no monthly service charges.4
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New Schwab Mobile Deposit™
See how easy it is to make a deposit.
- Make deposits to your eligible Schwab brokerage accounts or
Schwab Bank accounts by simply taking pictures of your checks.5
- There’s no need to mail checks or make deposits at a Schwab
branch, and most types of checks can be accepted by Mobile Deposit.6
1 Unlimited ATM fee rebates apply to cash withdrawals using the Schwab Bank Visa Platinum Debit Card wherever it is accepted. ATM fee rebates do not apply to any fees other than fees assessed for using an ATM to withdraw cash from your Schwab Bank account. Schwab Bank makes its best effort to identify those ATM fees eligible for rebate, based on information it receives from Visa and ATM operators. In the event that you have not received a rebate for a fee that you believe is eligible, please call a Schwab Bank Customer Service Representative for assistance at 1-888-403-9000. Schwab Bank reserves the right to modify or discontinue the ATM fee rebate at any time.
2 The Schwab Bank High Yield Investor Checking account, with a minimum balance of $0.01, offers a 0.10% Annual Percentage Yield (APY) as of 03/06/2013. This rate is variable and may change without notice.
3 The Schwab Bank High Yield Investor Checking account is available only as a linked account with a Schwab One brokerage account. The Schwab One brokerage account has no minimum balance requirements when opened with a linked High Yield Checking account.
4 Funds deposited at Charles Schwab Bank are insured, in aggregate, based on account ownership type, up to $250,000, by the Federal Deposit Insurance Corporation (FDIC).
5 Schwab Mobile Deposit service is subject to certain eligibility requirements, limitations and other conditions. Enrollment is not guaranteed and standard hold policies apply. Requires a wireless signal or mobile connection.
6 Schwab Bank deposits are accepted only at Schwab Bank branches. Please see the Schwab Bank Deposit Account Agreement for details on making deposits directly into your Schwab Bank account.