Download the Schwab app from iTunes®Get the AppClose

  • Find a branch
  • Chat
To expand the menu panel use the down arrow key. Use Tab to navigate through submenu items.

Checking Account
Let's chat
Professional answers 24/7
Hi, have questions about banking solutions? I can help …
Live chat
 

Schwab Bank High Yield Investor Checking Account®

Print

Pay no ATM fees worldwide with our popular online checking account.1 There are no monthly service fees, you’ll earn interest on your balance, and your account is FDIC-insured.

What are the fees and minimums?

  • Monthly service fees: $0
  • Account minimum: $0

What do I get with this account?

  • Unlimited fee rebates from any ATM worldwide1
  • A 0.13% APY variable interest rate on any balance2
  • Free bill pay on Schwab.com and Schwab Mobile
  • Apply for Schwab Mobile Deposit™ to deposit checks from anywhere
  • Free standard checks and a Visa® Platinum debit card once the account has been funded. 
  • FDIC insurance up to $250,0003
  • A linked Schwab One® brokerage account
  • Link to Apple Pay™ to make purchases with your iPhone® 6 or iPhone 6 Plus Learn more.
  • Enroll your Schwab Bank Debit Card with Visa Checkout for a convenient and more secure online purchase experience with participating merchants. Enroll at Visa Checkout.

View High Yield Investor Checking Account Features and Fees.4

See client reviews

Ready to get started?

Apply Now

Need help? Call
800-540-6718.

Satisfaction Guarantee

We believe every investor deserves to work with a firm they can count on. At Schwab Bank, our commitment to your satisfaction is backed by a Satisfaction Guarantee.5 If for any reason you’re not completely satisfied, we’ll work with you to make things right. Learn more about our Satisfaction Guarantee.


Take the next step.

Open a Schwab Bank High Yield Investor Checking account today.

Apply Now

Find out how we make it easy to manage your banking and brokerage activities in one convenient location. Watch now.



High Yield Investor Checking is rated 4.4 out of 5 by 1097.
Rated 5 out of 5 by from Banking the way it should be ATM fee reimbursements, excellent free bill pay, fast and easy transfer between accounts, easy deposits by mobile phone (and postage paid envelopes too!). First-rate all around.
Date published: 2017-05-13
Rated 5 out of 5 by from
Date published: 2017-05-12
Rated 5 out of 5 by from Easy FREE Checking and GREAT Customer Service! I've had my Investor Checking for a little over three years now and I LOVE it! Schwab is easy to do business with by providing an easy to use, intuitive, website with clear and concise instructions and guides. On the few occasions I've had to call customer service, I receive quick and professional service EVERY time.
Date published: 2017-05-11
Rated 5 out of 5 by from Best checking account I ever had! Schwab has exceeded my expectations. Its the only financial institution that warns you if you are about to go into overdraft and actually provides you with a timeframe to resolve it without and overdraft fees! Outstanding customer service!
Date published: 2017-05-05
Rated 5 out of 5 by from Long-time customer, still blown away by the service. There is no organization I work with that is more consistently incredible. The customer service is always top notch, it's easy to speak to a human, and everybody actually knows the answers to your questions. I really cannot say how amazing Schwab has been. What a great organization.
Date published: 2017-05-05
Rated 5 out of 5 by from
Date published: 2017-05-04
Rated 5 out of 5 by from Reimbursement of ATM fees means that every cash-only bar, restaurant or event has my bank's ATM right around the corner.
Date published: 2017-05-03
Rated 5 out of 5 by from Awesome Best checking account experience I've ever had.
Date published: 2017-05-02
  • y_2017, m_5, d_23, h_2
  • bvseo_bulk, prod_bvrr, vn_bulk_1.0.0-hotfix-1
  • cp_1, bvpage1
  • co_hasreviews, tv_0, tr_1097
  • loc_en_US, sid_1001, prod, sort_[SortEntry(order=SUBMISSION_TIME, direction=DESCENDING)]
  • clientName_schwab