Charles Schwab Bank


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The Charles Schwab Corporation is an American multinational financial services company founded i n 1971, and headquartered in San Francisco. With over 10 major centers of operation in the U.S. including Chicago, Phoenix, Denver, and Dallas, and more than 360 branches across the United States, the Charles Schwab Corporation is one of the largest banking institutions in the U.S., with 14.2 million active brokerage accounts, and 1.5 million banking accounts.

Primarily known for its electronic trading platforms, investor education, investment products and brokerage services, including reduced and free trading commission charges, the Charles Schwab Corporation also offers deposit and lending product and services through its subsidiary, Charles Schwab Bank.

Charles Schwab Bank's product inline includes the Schwab Bank High Yield Investor Savings® account, home lending solutions, margin loans, lines of credit, and 1 checking account:

  • The Schwab Bank High Yield Investor Checking® Account.

The Schwab Bank High Yield Investor Checking account is a very attractive checking account offer with no monthly maintenance fees, no foreign transaction fees, unlimited ATM fee rebates worldwide, free digital banking tools, and much more.

Bank Monthly Service Charge Minimum Deposit to Open APY
Charles Schwab Bank High Yield Investor Checking® Account $0 $0 0.03%