FDIC
FDIC-Insured - Backed by the full faith and credit of the U.S. Government.

Access competitive interest rates and exclusive discounts.

Call 888-725-3630 to speak with a Regional Banking Manager about obtaining competitive rates on a Pledged Asset Line® (PAL) or log in to get started.

Investor Advantage Pricing (IAP)

With our exclusive offer1, the more qualifying assets you have with Schwab, the more you may be able to save on your PAL interest rate. Learn more about qualifying assets and eligible account types. (Individual, joint, revocable living trust, and irrevocable trust borrowers are eligible for IAP; organizations are not eligible for IAP.)

Interest Rate Discount

0.25%

$250K-<$1M in qualifying assets

Interest Rate Discount

0.50%

$1M-<$5M in qualifying assets

Interest Rate Discount

0.75%

$5M-<$10M in qualifying assets

Interest Rate Discount

1.00%

$10M+ in qualifying assets

What assets are eligible as collateral?

Schwab Bank determines eligible collateral for your flexible line of credit, which generally includes:

  • Marginable equity securities valued at or above $3/share.
  • Most mutual funds and exchange-traded funds.
  • Certificates of deposit and cash.
  • Many corporate, Treasury, municipal, and government agency bonds.

Retirement assets are not eligible.

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.