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  Charles Schwab Bank Checking Account

Charles Schwab Bank Checking Account

in Checking Accounts from Charles Schwab

Unaffiliated

Charles Schwab Bank Checking Account

Unaffiliated

in Checking Accounts from Charles Schwab

Net Recommendation Score +67% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

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2 users recommend
1 user is unsure
0 users don't recommend
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Highlights
Highlights
Community Rating

Rating not yet determined

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Monthly Fee $0
Minimum Balance to Avoid Monthly Fee N/A
ATM Fee: Out-of-Network $0
APY (Annual Percentage Yield) 0.25%

Charles Schwab Bank Checking Account Review

Charles Schwab Bank Checking Account is offered by Charles Schwab, a bank founded in 1971 and based in San Francisco, CA. Charles Schwab Bank Checking Account is available in 50 states (and Washington, DC).

Are checking accounts from Charles Schwab federally insured?

Yes, your Charles Schwab checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57450). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Charles Schwab offer?

Charles Schwab Bank Checking Account Rates & Terms
Description
APY (Annual Percentage Yield) 0.25%

Charles Schwab Bank Checking Account offers an APY of .25% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Charles Schwab Bank Checking Account?

Charles Schwab Bank Checking Account requires a minimum initial deposit of $1,000 to open an account.

Charles Schwab Bank Checking Account Account Minimums
Description Amount
Minimum Initial Deposit $1000

What fees does Charles Schwab Bank Checking Account charge?

The good news is that this account does not charge a monthly maintenance fee.

Charles Schwab Bank Checking Account Fees
Description
Monthly Fee $0
Paper Statement Fee $0
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $0
NSF Fee $25
Overdraft Protection Fee (per transfer) $0
Overdraft Item Fee $25
Early Account Closure $0
Returned Deposit Fee (Domestic) $5
Debit Card Replacement Fee $0
Bank Teller Fee N/A
Check Cashing Fee N/A
Online Bill Pay Fee $0
Stop Payment Fee $0
Check Image Service $0
Check Copy $0
Foreign Transaction Fee (Debit Card) 0%
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Outgoing) $25
Wire Transfer Fee - International (Incoming) $0
Returned Deposit Fee (International) $5
Wire Transfer Fee - Domestic (Incoming) $0

What features and perks does Charles Schwab Bank Checking Account offer?

This account includes the following features:

  • ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
  • Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Charles Schwab Bank Checking Account allows you to manage your money online. This includes depositing checks in your account with your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.
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Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

APY Minimum Balance $0
Minimum Initial Deposit $1,000
ATM Fee: In-Network $0
Check Copy $0
Check Image Service $0
Debit Card Replacement Fee $0
Early Account Closure $0
Foreign Transaction Fee (Debit Card) 0%
Monthly Fee $0
Online Bill Pay Fee $0
Overdraft Protection Fee (per transfer) $0
Paper Statement Fee $0
Stop Payment Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
ATM Fee: Out-of-Network $0
NSF Fee $25
Overdraft Item Fee $25
Returned Deposit Fee (Domestic) $5
Returned Deposit Fee (International) $5
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Outgoing) $25
Bank Account Features
  • ATM Reimbursement
  • Bauer Financial A+/A Rating
  • Debit Card
  • Free Bill Pay
  • Interest Bearing Account
  • IRAs
  • Mobile Banking
  • Mobile Check Deposit
  • Nationwide ATM Network
  • No ATM Fees
  • No Monthly Maintenance Fee
APY (Annual Percentage Yield) 0.25%

Charles Schwab Bank Checking Account Community Reviews

 

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