Advance Rate Lookup
Access competitive interest rates and exclusive discounts.
Call 888-725-3630 to speak with a Regional Banking Manager about obtaining competitive rates on a Pledged Asset Line® or complete our contact form below.
Investor Advantage Pricing
With our exclusive offer1, the more qualifying assets you have with Schwab, the more you may be able to save on your PAL interest rate. Learn more about qualifying assets.
-
Interest Rate Discount
$250K–$999K in qualifying assets
-
Interest Rate Discount
$1M–$4.9M in qualifying assets
-
Interest Rate Discount
$5M–$9.9M in qualifying assets
-
Interest Rate Discount
$10M+ in qualifying assets
Pledged Asset Line interest rates
Rates below do not include Investor Advantage Pricing discounts.
- Loan value of collateral at origination
- Annual percentage rate (APR)
-
Loan value of collateral at origination$100,000 to $249,999
Annual percentage rate (APR)SOFR + 4.40%
-
Loan value of collateral at origination$250,000 to $499,999
Annual percentage rate (APR)SOFR + 3.90%
-
Loan value of collateral at origination$500,000 to $999,999
Annual percentage rate (APR)SOFR + 3.40%-
Loan value of collateral at origination$1,000,000 to $2,499,999Annual percentage rate (APR)SOFR + 2.90%
-
Loan value of collateral at origination$2,500,000 and aboveAnnual percentage rate (APR)SOFR + 2.40%
Schwab Bank reserves the right to change any part of the interest rate after the Pledged Asset Line is established, including the daily Secured Overnight Financing Rate ("SOFR"), interest rate spread, or post-demand spread.
The initial variable annual percentage rate on the Pledged Asset Line based on the loan value of the collateral pledged at origination is the sum of the SOFR index rate plus the applicable interest rate spread shown above. Pledged Asset Line amounts begin at $100,000 with a required initial minimum advance of $70,000.
What assets are eligible as collateral?
Schwab Bank determines eligible collateral for your flexible line of credit, which generally includes:
- Marginable equity securities valued at or above $3/share.
- Most mutual funds and exchange-traded funds.
- Certificates of deposit and cash.
- Many corporate, Treasury, municipal, and government agency bonds.
Retirement assets are not eligible.
Additional information about Pledged Asset Lines
Want to learn more about a Pledged Asset Line?
Speak with a Regional Banking Manager at 888-725-3630 or talk to your personal Schwab Financial Professional.
Start a conversation.
Complete the form below and a Schwab Financial Professional will contact you.