Automatic mortgage payments, made simple.

Set up automatic monthly mortgage payments from a Schwab Bank Investor Checking™ account and you may qualify for a $300 cash bonus.*

Offer valid for eligible mortgage loans closed through the Schwab Bank referral program with Rocket Mortgage® from April 15, 2026–June 30, 2026.

Here's how to qualify for the bonus:*

Set up automatic monthly mortgage payments from a new or existing Schwab Bank Investor Checking™ account for your newly originated mortgage.1

Establish automatic payments by the due date of your second mortgage payment.

Maintain automatic payments for two consecutive calendar months, with at least one successful payment each month.

Choose how you'd like to set up automatic payments to qualify for the $300 bonus.

You can enroll through Rocket Mortgage® or through Schwab Bank Bill Pay™—both options can link directly to your Investor Checking account. Setting up automatic mortgage payments can help you keep your payments on time, avoid late fees, and reduce day-to-day bill management.

Red Rocket Mortgage logo
Set up through Rocket Mortgage® : opens in a new window
Charles Schwab Bank logo
Set up through Schwab Bank : opens in a new window

Please have your Rocket Mortgage statement available.

Schwab Bank Investor Checking™ account: Benefits beyond the bonus.

To qualify for the $300 bonus, automatic payments must come from a Schwab Bank Investor Checking™ account. The account is conveniently linked to a Schwab One® brokerage account,2 giving you everyday banking and investing in one place, with one login.

Move money quickly.

Transfer cash between your brokerage and checking accounts in seconds3 and access it instantly for trading and investing.

Ditch the fees.

With no monthly service fees or overdraft fees, you'll have more money to invest.4

Travel with confidence.

No foreign transaction fees, unlimited ATM fee rebates for cash withdrawals worldwide,5 and the Schwab Security Guarantee.

Schwab Bank Investor Checking accounts are FDIC-insured. Schwab One brokerage accounts are not FDIC-insured; are not deposits; and may lose value.

Open and link your Investor Checking account to your mortgage to start qualifying for the $300 bonus.