Welcome offer

Schwab Investor Card® from American Express

  • $100 statement credit

    Earn a $100 Card statement credit after spending $1,000 in purchases on your Card in your first three months of Card Membership.†

American Express Platinum Card® for Schwab

  • 60,000 Membership Rewards® Points

    Earn 60,000 Membership Rewards® points after spending $5,000 in purchases on your Card in your first three months of Card Membership.†

Fees & APR

Schwab Investor Card® from American Express

  • No annual fee ¤

  • 0% introductory APR on purchases and balance transfers for 6 months. After that, your APR will be 14.99% to 17.99%, based on your creditworthiness and other factors. ¤

American Express Platinum Card® for Schwab

  • Annual fee of $550.†¤

  • No foreign transaction fees from American Express when using your Card.‡¤

  • No interest charges because you pay your balance in full each month.‡¤

Benefits for Investors

Schwab Investor Card® from American Express

  • Cash back on everyday purchases

    Earn an unlimited 1.5% cash back automatically deposited into your eligible Schwab account for purchases made with your Card.‡

American Express Platinum Card® for Schwab

  • Schwab Appreciation Bonus

    Receive a $100 Card statement credit if your qualifying Schwab holdings are equal to or greater than $250,000 or receive a $200 Card statement credit if your qualifying Schwab holdings are equal to or greater than $1,000,000, when measured following Card account approval and annually thereafter. For information on qualifying Schwab holdings, please refer to the FAQs.‡

  • Membership Rewards® Points

    Earn 1X Points for every dollar of eligible purchases.

  • Invest Rewards

    Earn Membership Rewards® points that you can turn into deposits to your eligible Schwab account. (For example, 60,000 points = $750).‡

Travel & Entertainment Benefits

Schwab Investor Card® from American Express

  • 24/7 Dining & Events Assistant

    Receive assistance making reservations at restaurants and events.‡

  • Purchase and travel protection

    Your Card can help protect you with Purchase Protection♦, Car Rental Loss and Damage Insurance♦, and Extended Warranty.♦

American Express Platinum Card® for Schwab

  • Uber Rides with Platinum

    American Express Platinum Card for Schwab Members enjoy Uber VIP status and $15 in Uber credits for U.S. rides each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.‡*

    *Only the Basic Card Member is eligible for the Credit and Uber VIP status.

  • 5X Points

    5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.‡

    5X Membership Rewards® points on eligible hotels booked on amextravel.com.‡

  • American Express Global Lounge Collection℠

    Wait for your next flight in a quiet airport refuge, where you'll find room to work and space to breathe. With your American Express Platinum Card® for Schwab, you'll have access to over 1,000 lounges, in over 500 airports across 120 countries.‡

  • $200 Airline Fee Credit*

    Select one qualifying airline and then receive up to $200 per calendar year in statement credits when incidental fees, such as checked bags, are charged by the airline to your Card account.‡*

    *American Express relies on accurate airline transaction data to identify incidental fee purchases. If you do not see a credit for a qualifying incidental purchase on your eligible Card after four weeks, simply call the number on the back of your Card. See terms and conditions for more details.

  • Global Entry or TSA Pre✓® Fee Credit

    Receive a statement credit every 4 years after you apply for Global Entry ($100) or TSA Pre✓® ($85) with an eligible Card. If approved, you can get expedited screening at select airports. If approved for Global Entry, at no additional charge, you will receive access to TSA Pre✓®. Each Additional Card on eligible Card accounts is also eligible for one statement credit every 4 years for an application fee. To receive the statement credit, the application fee must be charged on the eligible Additional Card. To read the full terms and conditions, visit www.americanexpress.com/expeditedtravel.‡

Apply by phone: 800-297-8017

The American Express Platinum Card® for Schwab is only available to clients who maintain an eligible Schwab account.

Don't have an eligible Schwab account? Now is the perfect time to open a Schwab One® brokerage account.

FAQs

Get answers to frequently asked questions about the American Express Cards for Schwab.

  • Is American Express or Charles Schwab the issuer of these cards?

    This Card is issued by American Express Bank, FSB. Schwab and American Express Bank, FSB, have partnered together to create the Schwab Investor Card® from American Express and the American Express Platinum Card® for Schwab, exclusively designed for Schwab investors like you.

    Please note that Schwab is not involved with any credit decision, or in the approval process, for any applicant for the Card.

  • Who is eligible to apply?

    Individuals 18 years of age or over with a valid U.S. home address (including in the U.S. territories and Puerto Rico) and an eligible Schwab account may apply for a Card account.

    An eligible account means (1) a Schwab One® or Schwab General Brokerage Account held in your name or in the name of a revocable living trust where you are the grantor and trustee or (2) a Schwab Traditional, Roth or Rollover IRA that is not managed by an independent investment advisor pursuant to a direct contractual relationship between you and such independent advisor.

    If you don't have an eligible Schwab account, you can open one at Schwab One® or by calling 866-385-1227.

  • I already have an American Express Card. Can this Card be converted into The Schwab Investor Card® from American Express or American Express Platinum Card® for Schwab?

    No. You will need to apply and be approved for a new Schwab Investor Card® from American Express account or a new American Express Platinum Card® for Schwab account.