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Deposit Solutions from Schwab Bank

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1 year 4 months
A104398
Submitted by Brian.Lavelle on Fri, 02/16/2018 - 09:27

Conveniently manage everyday expenses while maintaining a long-term investment strategy with a powerful tool: the Schwab Bank High Yield Investor Checking® account. Seamless integration makes it easy to move money between a Schwab brokerage account and this separate-but-linked checking account.

Features of the Schwab Bank High Yield Investor Checking® account include:

  • No monthly service fees and no minimum balance requirements1
  • Anytime, anywhere account access via Schwab mobile apps—deposit checks2, pay bills, transfer funds
  • Unlimited ATM fee rebates worldwide3
  • Free bill pay, standard checks, and a Visa® Platinum debit card
  • Competitive interest rate, regardless of balance
  • FDIC insurance up to applicable limits4

For clients who want a competitive rate, but don’t need to make a lot of transactions, consider offering the Schwab Bank High Yield Investor Savings Account®. Clients may receive a more attractive yield while maintaining easy access to their cash.

Features of the Schwab Bank High Yield Investor Savings Account® include:

  • Anytime, anywhere account access via Schwab mobile apps
  • Unlimited ATM fee rebates worldwide3
  • Visa® Platinum debit card
  • Competitive interest rate, regardless of balance
  • FDIC insurance up to applicable limits5

To learn more about Schwab Bank, visit the Schwab Bank page of our .

 

1. Schwab Bank High Yield Investor Checking accounts are available only as linked accounts with Schwab One® accounts. The Schwab One brokerage account has no minimum balance requirements, and there is no requirement to fund this account when it is opened with a linked High Yield Investor Checking account.

2. 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.

3. Unlimited ATM fee rebates apply to cash withdrawals using the Schwab Bank Visa® Platinum Check 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 888-403-9000. Schwab Bank reserves the right to modify or discontinue the ATM fee rebate at any time.

4. Funds deposited at Charles Schwab Bank are insured, in aggregate, up to $250,000 based on account ownership type, by the Federal Deposit Insurance Corporation (FDIC).

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