Charles Schwab Bank

Built with you in mind.  

We think that your banking experience should work seamlessly with your investing experience. Let Schwab Bank help you on your financial journey with the products you want and the service you have come to expect.

Products and Services

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  • Schwab Bank Investor Checking™

    A no fee1 checking account that is linked to a Schwab One® brokerage account* so you can easily manage both everyday cash and investing. Two accounts, one login.

    • Unlimited ATM fee rebates worldwide2
    • No minimums
    • No foreign card transactions fees3
    • Bank anytime, anywhere with Schwab Mobile4

  • Home Lending

    Get exclusive discounts on select loans, competitive rates, along with home loans provided to Schwab Bank by Rocket Mortgage®, America's Largest Mortgage Lender.5

    View today's rate

  • Schwab Bank Pledged Asset Line®

    Looking to enhance your borrowing power for real estate, business, or other expenses? A Pledged Asset Line Tooltip from Schwab Bank is a flexible, non-purpose line of credit6 that lets you leverage the value of your portfolio. Plus, enjoy no application or setup fees.

Schwab Bank gives investors more ways to save.

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    Mortgage rate discounts for Schwab clients ⁷

  • Gift with dollar sign icon

    Unlimited ATM fee rebates worldwide²

  • List with pencil icon

    Free online and mobile bill pay

  • A dollar sign inside a partly closed circle icon

    Competitive APY with our checking account

  • Exclusive rates may be available for Pledged Asset Lines⁸

Ranked #1 Most Trusted Bank
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The IBD Most Trusted Bank award was given to Charles Schwab Bank on September 25, 2023, and expires December 31, 2024. The criteria, evaluation, and ranking were determined by Investor's Business Daily. IBD's Criteria and Methodology. Schwab paid a licensing fee to York Graphic Services, LLC. for the use of the award and logos.

Highest in Customer Satisfaction with Checking Accounts for Direct Retail Banks 5 years in a row
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Charles Schwab Bank received the highest score in the checking segment of the J.D. Power 2019–2023 U.S. Direct Banking Satisfaction Studies, which measures overall satisfaction with branchless banks. Visit jdpower.com/awards for more details. The J.D. Power 2023 U.S. Direct Banking Satisfaction Study is independently conducted, and the participating firms do not pay to participate. Use of study results in promotional materials is subject to a license fee.

Community Development
At Charles Schwab Bank, we share your commitment to giving back to our communities. We demonstrate that commitment through a variety of community development efforts and activities that help serve the banking and credit needs of our entire community, including low- and moderate-income neighborhoods and individuals. Please visit the Citizenship page at aboutschwab.com to learn more about us.

The Home Mortgage Disclosure Act (HMDA) data about our residential mortgage lending is available online for review. The data shows geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. This data is available online at the Consumer Financial Protection Bureau's Web site (www.consumerfinance.gov/hmda). HMDA data for many other financial institutions is also available at the Web site.

Additionally, the CRA regulations require that information on business, farm, and community development lending by insured depository institutions that meet certain asset thresholds, determined annually, be made available to the public. To enquire about our CRA Public File, please e-mail us at CRA Document Request

Have questions? We're here to help.