Schwab Bank's Pledged Asset Line®

Discover a smarter way to borrow.

Leverage the value of your portfolio for a wide range of financial needs.

Call 888-725-3630 to speak with a Regional Banking Manager about a Pledged Asset Line or log in to get started.

What is a Pledged Asset Line?

A Pledged Asset Line from Charles Schwab Bank, SSB ("Schwab Bank") is a non-purpose line of credit1 that allows you to borrow against the non-retirement assets in your portfolio—without having to liquidate your investments.

Secured by assets held in a separate Pledged Account maintained by Charles Schwab & Co., Inc. ("Schwab"), you can use your line of credit to access the funds you need while helping maintain your investing strategy.

How can I use a Pledged Asset Line?

This non-purpose line of credit can be used for a wide range of financial needs:

  • Bridge funding for a new home
  • Home renovation
  • New business startup
  • Tax payments
  • College tuition
  • Dream vacation

Why consider a Pledged Asset Line from Schwab Bank?

Avoid tax consequences that may result from selling assets to meet an immediate cash need.

Save time and effort with a simplified application, compared to more traditional loans.

Access competitive rates with no setup fees or prepayment penalties.

Important details: Entering into a Pledged Asset Line and pledging securities as collateral involve a high degree of risk. Before you decide to apply for a Pledged Asset Line, make sure you understand the risks.

Additional information about Pledged Asset Lines

Want to learn more about a Pledged Asset Line?

Speak with a Regional Banking Manager at 888-725-3630 or talk to your personal Schwab Financial Professional.

Considering a line of credit?

Start a conversation.

Complete the form below and a Schwab Financial Professional will contact you.