Direct access. Direct deposit. $500 on top.

Open a Schwab Bank Investor Checking™ account and set up Direct Deposit to enjoy faster cash flow, no monthly fees, and a $500 cash bonus when you meet deposit requirements.

Offer ends November 14, 2025.

The headline “A limited-time cash bonus $500” with “$500” about five times larger than the rest and filled with a pink-to-purple-to-blue gradient.

Here's how to qualify for the bonus:*

Open your account

Open a new Schwab Bank Investor Checking account by November 14, 2025.

Log in

Set up Direct Deposit

Make at least two Qualifying Direct Deposits with a combined deposit of $5,000 or more posted within 90 calendar days from opening your account.*

The benefits are worth checking out.

The Schwab Bank Investor Checking account is conveniently linked to a Schwab One® brokerage account,1 so you get all the features of our award-winning checking account plus the cash management solutions you need in one place, with a single login.

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

Move money quickly.

Transfer cash between your brokerage and checking accounts in seconds2 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.3

Travel with confidence.

No foreign transaction fees, unlimited ATM fee rebates for cash withdrawals worldwide,4 and the Schwab Security Guarantee.

7 J.D. Power awards with one reading “Highest Customer Satisfaction, Direct Banking – Checking Account” and presented to Charles Schwab Bank.

#1 in Customer Satisfaction for Direct Bank Checking Accounts 7 years in a row.

Charles Schwab received the highest score in the checking segment of the J.D. Power 2019–2025 U.S. Direct Banking Satisfaction Studies, which measures overall satisfaction with direct branchless banks. Visit jdpower.com/awards for more details. The J.D. Power 2025 U.S. Direct Banking Satisfaction Study is independently conducted, and the participating firms do not pay to participate. Use of study results in promotional materials is subject to a license fee.

See everything Schwab Bank Investor Checking has to offer.

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