Equity and index options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction. Call Schwab at 800-435-4000 for a current copy.

Standard online $0 commission does not apply to over-the-counter (OTC) equities, transaction-fee mutual funds, futures, fixed-income investments, or trades placed directly on a foreign exchange or in the Canadian market. Options trades will be subject to the standard $0.65 per-contract fee. Service charges apply for trades placed through a broker ($25) or by automated phone ($5). Industry fees, ADR fees, and Stock Borrow fees still apply. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules.

Charles Schwab Futures and Forex LLC is a CFTC-registered Futures Commission Merchant, a NFA Forex Dealer Member and is notice registered with the SEC as a broker-dealer solely for the purpose of effecting transactions in security futures products.

Charles Schwab Futures and Forex LLC (NFA Member) and Charles Schwab & Co., Inc. (Member SIPC) are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Futures, and Futures options trading involves substantial risk and is not suitable for all investors. Please read the Risk Disclosure Statement for Futures and Options prior to trading futures products.

Forex trading involves leverage, carries a substantial level of risk, and is not suitable for all investors. Please read the Risk Disclosure for Forex: https://www.schwab.com/resource/forex-risk-disclosure-statement.

Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC). Forex accounts do not receive a preference in any bankruptcy proceeding pursuant to Part 190 of the CFTC's regulations. Read additional CFTC and NFA futures and forex public disclosures for Charles Schwab Futures and Forex LLC. 

Futures, futures options, and forex trading services provided by Charles Schwab Futures and Forex LLC. Trading privileges subject to review and approval. Not all clients will qualify. Forex accounts are not available to residents of Ohio or Arizona.

Charles Schwab & Co., Inc., Charles Schwab Futures and Forex LLC ("Schwab Futures and Forex"), Charles Schwab Bank, SSB and Charles Schwab Premier Bank, SSB are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Securities brokerage products are offered by Charles Schwab & Co., Inc. (Member SIPC). Schwab Futures and Forex is a CFTC-registered Futures Commission Merchant and a NFA Forex Dealer Member and offers brokerage services for futures, commodities and forex interests. Deposit and lending products and services are offered by Charles Schwab Bank, SSB, Member FDIC and an Equal Housing Lender.

ETFs at Charles Schwab & Co., Inc. ("Schwab") which are U.S. exchange-listed can be traded without a commission on buy and sell transactions made online in a Schwab account. Unlisted ETFs are subject to a commission. Trade orders placed through a broker will receive the negotiated broker-assisted rate. An industry fee applies to sell transactions. All ETFs are subject to management fees and expenses. Please see Charles Schwab Pricing Guide for Individual Investors for additional information. Schwab does not receive payment to promote any particular ETF to its customers.

All ETFs are subject to management fees and expenses.

Please read the Charles Schwab & Co., Inc. Disclosure Brochure for: Schwab Managed Account Services™ Wrap Fee Program, Schwab Managed Portfolios™ Wrap Fee Program, Schwab Financial Planning Services for important information and disclosures relating to Schwab Managed Account Services. You can read the disclosure brochure at Schwab.com/transparency/advisory.

Schwab Advisor Network ("SAN") advisors are independent and are not employees or agents of Charles Schwab & Co., Inc. ("Schwab"). Schwab prescreens advisors and checks their experience and credentials against criteria Schwab sets, such as years of experience managing investments, amount of assets managed, professional education, regulatory licensing and business relationship as a client of Schwab. Advisors pay fees to Schwab in connection with referrals. Schwab does not supervise advisors and does not prepare, verify or endorse information distributed by advisors. Investors must decide whether to hire an advisor and what authority to give the advisor. Investors, not Schwab, are responsible for monitoring and evaluating an advisor's service, performance and account transactions. Services may vary depending on which advisor an investor chooses.

Please refer to the Charles Schwab & Co., Inc. Disclosure Brochure for: Schwab Managed Account Services™ Wrap Fee Program, Schwab Managed Portfolios™ Wrap Fee Program, Schwab Financial Planning Services for additional information. You can read the disclosure brochure at Schwab.com/transparency/advisory.

Certain services may be provided by affiliated professionals and third-party firms.

Schwab Wealth Advisory™ ("SWA") is a non‐discretionary investment advisory program sponsored by Charles Schwab & Co., Inc. ("Schwab"). Schwab Wealth Advisory, Inc. ("SWAI") is a Registered Investment Adviser and provides portfolio management for the SWA program. Schwab and SWAI are affiliates and are subsidiaries of The Charles Schwab Corporation.

Portfolio Management for Schwab Managed Portfolios, Schwab Personalized Indexing, Schwab Wealth Portfolios, is provided by Charles Schwab Investment Management, Inc., dba Schwab Asset Management^®​, a registered investment adviser and an affiliate of Charles Schwab & Co., Inc. ("Schwab"). Schwab Asset Management and Schwab are separate entities and subsidiaries of The Charles Schwab Corporation.

Please refer to the Charles Schwab Investment Management, Inc. Disclosure Brochure for additional information.

Investments in managed accounts should be considered in view of a larger, more diversified investment portfolio. Please read Schwab's disclosure brochure for important information and disclosures relating to managed accounts at Schwab. You can read the disclosure brochure at Schwab.com/transparency/advisory. 

Contributions made to DAFgiving360 are considered an irrevocable gift and are not refundable. Once contributed, DAFgiving360 has exclusive legal control over the contributed assets. 

This information is for general informational purposes only, and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, you should consult with a qualified tax advisor, CPA, Financial Planner, or Investment Manager.

Financial Planning Consultations and Equity Compensation Consultations are conducted by employees of Schwab Wealth Advisory, Inc. (SWAI). SWAI is a Registered Investment Adviser and an affiliate of Schwab. While Schwab Equity Compensation Services are complimentary, the implementation of any education provided in the course of these services may result in trade commissions or other fees, charges, or expenses.

Investing involves risk, including loss of principal and for some products and strategies, loss of more than your initial investment.

There are eligibility requirements for working with a dedicated Financial Consultant.

If you are not completely satisfied for any reason, at your request Charles Schwab & Co., Inc. ("Schwab"), Charles Schwab Bank, SSB ("Schwab Bank"), Charles Schwab Premier Bank, SSB ("Schwab Premier Bank") or another Schwab affiliate, as applicable, will refund any eligible fee related to your concern. No other charges or expenses, and no market losses will be refunded. Refund requests must be received within 90 days of the date the fee was charged. Schwab reserves the right to change or terminate the guarantee at any time. 

The guarantee is only available to current clients. Refunds will only be applied to the account charged and will be credited within approximately four weeks of a valid request. No other charges or expenses, and no market losses will be refunded. Other restrictions may apply.

The subsidiaries and affiliates of The Charles Schwab Corporation and DAFgiving360 do not provide legal or tax advice. Please consult a qualified legal or tax advisor where such advice is necessary or appropriate.

Schwab mobile requires a wireless signal or mobile connection. System availability and response times are subject to market conditions and your mobile connection limitations. Functionality may vary by operating system and/or device.

Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons. 

Diversification, asset allocation, automatic investing, and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets.

Not all products, services, or investments are available in all countries. None of the information provided here is an offer to sell or a solicitation of an offer to buy securities, products or service, by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

Investing in U.S. securities is not without risk. Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost.

Please read the Schwab Intelligent Portfolios disclosure brochure at Schwab.com/transparency/advisory for important information, pricing, and disclosures relating to the Schwab Intelligent Portfolios program. 

Schwab Intelligent Portfolios is made available through Charles Schwab & Co., Inc. ("Schwab"), a dually registered investment adviser and broker-dealer. Portfolio management services are provided by Charles Schwab Investment Management, Inc. ("CSIM"). Schwab and CSIM are subsidiaries of The Charles Schwab Corporation. 

Go to www.schwab.com/satisfaction to learn what's included and how it works.

Schwab Intelligent Portfolios has no advisory fee and doesn't charge commissions. Schwab does not charge an advisory fee for the Schwab Intelligent Portfolios Program in part because of the revenue Schwab Bank generates from the Cash Allocation (an indirect cost of the Program).

Schwab Bank does not assess foreign transaction fees (i.e., a fee to convert US Dollars to local currency) to Schwab Bank clients when you use your Schwab Bank Debit Card to withdraw foreign currency from an ATM, or to pay for a purchase in foreign currency. However, in some cases ATM operators or the merchants may charge a fee on foreign transactions. Foreign transaction fees assessed by third parties are not eligible for reimbursement. The exchange rate into the U.S. dollar equivalent will be determined by the bank at which you conduct the transaction, the ATM network, or Visa depending on the specific arrangements that are in place. 

The Schwab Bank Investor Checking account is available only as a linked account with a Schwab One^® brokerage account. The Schwab One brokerage account has no minimum balance requirements, no minimum balance charges, no minimum trade requirements, and there is no requirement to fund this account when opened with a linked Investor Checking account. 

Schwab Moneywise^® is provided by Charles Schwab & Co., Inc.

All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

Schwab Bank's Investor Checking account has no account maintenance or activity fees. Fees may be assessed for additional services such as custom check orders, outgoing wires, or rush delivery. Review Schwab Bank's full Deposit Account Pricing Guide or contact Schwab Bank at 888-403-9000. Schwab Bank reserves the right to amend these terms at any time.

Schwab Wealth Advisory™ ("SWA") is a non-discretionary investment advisory program sponsored by Charles Schwab & Co., Inc. ("Schwab"). Schwab Wealth Advisory, Inc. ("SWAI") is a Registered Investment Adviser and provides portfolio management for the SWA program. The Wealth Advisor, Associate Wealth Advisor, and other representatives making investment recommendations in your Schwab Wealth Advisory accounts are employees of Schwab Wealth Advisory, Inc.

Unlimited ATM fee rebates apply to cash withdrawals using the Schwab Bank Visa^® Platinum Debit Card wherever it is accepted. ATM fee rebates do not include any fees imposed by merchants or ATM operators for POS transactions, or fees for stamp purchases, balance inquiries, non-local ATM currency withdrawal fees (referred to as dynamic currency conversion fees), or any other transaction other than an ATM cash withdrawal in local currency from your Schwab Bank account. Schwab Bank makes its best effort to identify those ATM fees eligible for rebate, based on information it receives from Visa and ATM operators. See the Schwab Bank Deposit Account Pricing Guide for additional terms and conditions. In the event that you have not received a rebate for a fee that you believe is eligible, please call a Schwab Bank Client Service Specialist for assistance at 888‐403‐9000 (or for clients of independent investment advisors, a Schwab Alliance Service team Member at (800-515-2157). Schwab Bank reserves the right to modify or discontinue the ATM surcharge rebate at any time. 

If you use your Card to withdraw foreign currency from an ATM, or to pay for a purchase with foreign currency, Schwab Bank charges your account for the U.S. dollar equivalent of the transaction. Depending on the specific arrangements that are in place, the exchange rate and calculation of the U.S. dollar equivalent will be done by the bank at which you conduct the transaction, the network to which the ATM belongs, or Visa. The bank or network may also charge a fee. Schwab Bank does not assess foreign transaction fees (i.e., a fee to convert US dollars to local currency) to debit card holders. See the Schwab Bank Visa Debit Card Agreement for details.

Schwab Network is brought to you by Charles Schwab Media Productions Company ("CSMPC"). CSMPC, Charles Schwab Futures and Forex LLC, and Charles Schwab & Co., Inc. are separate but affiliated subsidiaries of The Charles Schwab Corporation. CSMPC is not a financial advisor, registered investment advisor, broker-dealer, futures commission merchant, or forex dealer member. 

The Tax, Trust, and Estate Group specialists are employees of Schwab Wealth Advisory, Inc. and provide educational services for tax, trust and estate planning to clients of Schwab or Schwab Wealth Advisory. This group does not provide advisory services, tax or legal advice, prepare legal documents, or provide investment management or portfolio allocations. Specialists partner with the client's primary relationship manager to provide a holistic planning experience.

Schwab clients who have $1M in qualifying household assets, including a retail account, are automatically enrolled in Schwab Private Client Services. Terms and conditions for the Schwab Private Client Services and Schwab Appreciation Bonus programs apply. 

Employees of Schwab are not estate planning attorneys and cannot offer tax or legal advice or create and prepare legal documents associated with such plans. Where such advice is necessary or appropriate, please consult a qualified legal or tax advisor.

There are risks associated with any investment approach, and each Schwab Personalized Indexing strategy and equity market segment has their own set of risks based on client strategy selection and further customization. 

The rebate will appear as a lump-sum credit on the same checking account periodic statement that includes ATM fees incurred for that particular account statement cycle. 

You should read the tax-loss harvesting disclosures on the Schwab Intelligent Portfolios website and mobile application (collectively, the "Website") as well as in the Schwab Intelligent Portfolios disclosure brochure before choosing the tax-loss harvesting feature as part of your enrollment in Schwab Intelligent Portfolios. Neither the tax-loss harvesting strategy for the Schwab Intelligent Portfolios program nor any discussion herein is intended as tax advice. Neither Charles Schwab & Co., Inc. ("Schwab") nor its affiliates, including but not limited to Charles Schwab Investment Management, Inc. represent that any particular tax consequences, benefits, or outcomes will be obtained.

Neither the tax-loss-harvesting strategy nor any discussion herein is intended as tax advice, and Schwab Asset Management does not represent that any particular tax consequences will be obtained. Tax-loss harvesting involves certain risks including unintended tax implications. Investors should consult with their tax advisors and refer to the Internal Revenue Service ("IRS") website at www.irs.gov for the consequences of tax-loss harvesting. 

The Schwab Equity Compensation Consultation (ECC) is separate from your brokerage account and/or Equity Award Center. If you choose this service, it is your responsibility to determine if, when, and how, the information in the ECC is to be implemented. If you choose to implement through Schwab, we will act as a broker-dealer, not an investment advisor, and will not exercise discretion over your brokerage account(s) or Equity Award Center. The implementation of any actions made in the course of these services may result in trade commissions or other fees, charges, or expenses.

INVESTMENT AND INSURANCE PRODUCTS:  NOT A DEPOSIT • NOT FDIC INSURED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NO BANK GUARANTEE • MAY LOSE VALUE

DAFgiving360™ is the name used for the combined programs and services of Donor Advised Charitable Giving, Inc., an independent nonprofit organization which has entered into service agreements with certain subsidiaries of The Charles Schwab Corporation. DAFgiving360 is a tax-exempt public charity as described in Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code. 

©2024 Donor Advised Charitable Giving, Inc. All rights reserved.

Investor Checking and Investor Savings accounts are offered by Charles Schwab Bank, SSB. Schwab Bank Investor Checking accounts are FDIC-insured.

These managed account products are made available to investors through an advisor.

Cryptocurrency products and the Schwab Crypto™ account are offered by Charles Schwab Premier Bank, SSB, Member FDIC.

Charles Schwab Premier Bank, SSB and Charles Schwab & Co., Inc. are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.

Schwab Crypto™ is offered by Schwab Premier Bank. Cryptocurrencies are not securities or deposits; not protected by SIPC or insured by the FDIC; and may lose value.

Investing in cryptocurrencies involves risk, including the risk of total loss of principal invested. 

Cryptocurrencies are highly volatile, are not backed or guaranteed by the bank, any central bank or government; are not deposits; are not FDIC insured; are not SIPC protected; and lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have.

Due to the high level of risk, investors should view digital currencies as a purely speculative instrument. Additional risks apply. View our full risk disclosure here.
 
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP^®, CERTIFIED FINANCIAL PLANNER^®, and CFP^® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.

For important information on the Schwab Teen Investor™ account, including restrictions and limitations, go to schwab.com/teen-account.

The Equity Compensation specialists are employees of Schwab Wealth Advisory, Inc. and provide educational, point in time information about your equity compensation and is designed to help you understand the value of your company stock and options. While Schwab Equity Compensation services are complimentary, the implementation of any recommendations made in the course of these services may result in trade commissions or other fees, charges, or expenses.

Charles Schwab Premier Bank, SSB.
3000 Schwab Way, Westlake, TX 76262

© 2026 Charles Schwab Premier Bank, SSB. 
Member FDIC. All rights reserved.

The Investor's Business Daily^® 2026 Best Online Brokers accolade was published by IBD on January 23, 2026. Results were based on a single quantitative online survey with a sample size of 4,000 investors, conducted by IBD and Magid. The study was conducted Nov. 4 through Nov. 17, 2025. Best Online Brokers 2026: Special Report | Investor's Business Daily Schwab paid a licensing fee to The YGS Group for the use of the accolade and corresponding logos through May 15, 2027.

Your investment advisor is solely responsible for reviewing, monitoring and selecting any money manager that manages a Long-Short strategy for your account.

Schwab is acting solely as a broker-dealer and custodian, and not as an investment advisor, with respect to your managed accounts.