Charles Schwab Bank Account
Its banking subsidiary charles schwab bank member.
Charles schwab bank account. Member sipc offers investment services and products including schwab brokerage accounts. The schwab bank high yield investor checking account is available only as a linked account with a schwab one brokerage account. The firm started more than 40 years ago in april 1971 as first commander corporation with a corporate name change to charles schwab co inc in 1973.
Its broker dealer subsidiary charles schwab co inc. Charles schwab may be known primarily as an investing platform but it is also a bank that offers online checking and savings accounts. And saturday and sunday 9 00 a m.
Charles schwab bank s savings account ranks high compared to other accounts simply because of its atm rebate policy which is unlimited worldwide. Charles schwab is mostly known for investment management but its banking arm operating under charles schwab bank offers interest bearing checking and savings options. However you can still get much higher rates from the banks with the highest savings account rates in the.
And the checking account in particular is. The charles schwab corporation provides a full range of brokerage banking and financial advisory services through its operating subsidiaries. The account also pays an apy that is well above the national average savings account rate.
The schwab one brokerage account has no minimum balance requirements minimum balance charges minimum trade requirements and there is no requirement to fund this account when opened with a linked high yield investor checking account. Customer service representatives are available toll free monday friday 8 30 a m.
