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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 credit 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 and exclusive discountswith 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. For more information about risks, please read Risks Associated with a Pledged Asset Line and Pledging Securities as Loan Collateral.

Find out if a specific security is eligible for your Pledged Asset Line.

Use our Advance Rate Lookup tool to see if a particular security symbol may be eligible to be used as collateral for your Pledged Asset Line. You can enter up to 10 security symbols in a single search.

Additional information about Pledged Asset Lines

Only individual, joint, and trust accounts can be pledged through the online application. Different trusts cannot be pledged together. For all other application types, and any combination of account types, speak with a Regional Banking Manager at 888-725-3630 or talk to your Schwab Financial Professional.

Considering a line of credit?

Start a conversation.

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