Download the Schwab app from iTunes®Get the AppClose

  • Share this page

Schwab clients: refer friends and family | Charles Schwab

Refer your friends and family, and they can get up to $500.

Now that's true-blue friendship.

Every friend you refer who becomes a Schwab client and makes a qualifying net deposit can get up to $500.

Recently been referred? Start here.


Schwab's Referral Offer rewards referred friends and family of Schwab clients with a Bonus Award for becoming a new Schwab client and making a qualifying net deposit.
Every client has a unique referral code. When you share it with friends and family, they can use it when they become a new Schwab client and open an eligible account. To find your referral code, click the Refer Your Friends button on this page and log in to your account. You'll be directed to a page where your referral code can be shared as a link via text or email.
The Bonus Award goes to the referred new client when they make a qualifying net deposit within 45 days of opening an eligible account and becoming a Schwab client. We'll deposit up to $500 in their account about a week after the 45-day qualification period.
Accounts that are eligible for the Referral Offer include: Schwab retail brokerage accounts and individual retirement accounts (IRAs), including accounts enrolled in Schwab-sponsored investment advisory programs such as Schwab Intelligent Portfolios®, Schwab Managed Portfolios™, Schwab Managed Account Select®, Schwab Managed Account Connection®, and Schwab Private Client™. Schwab Bank High Yield Investor Checking® accounts qualify when combined with Schwab One® accounts (stand-alone Schwab Bank High Yield Investor Checking accounts do not qualify). The offer does not apply to the Schwab Global Account™, ERISA-covered retirement plans, certain tax-qualified retirement plans and accounts, education savings accounts, or accounts managed by independent investment advisors.
No. Schwab Bank High Yield Investor Checking® accounts qualify only when combined with Schwab One® accounts. Additionally, you must make a qualifying net deposit in a Schwab One® account.
No. This offer can't be combined with other offers.
Yes. As long as both clients are new to Schwab, each can individually open an account and separately qualify for the Bonus Award, provided that each makes a qualifying net deposit.
Please call 800-398-8640 for help with your referral. The representative can provide you with your unique referral code to share with friends and family.
No. For privacy reasons, Schwab will not inform you when your referrals open an account. See our privacy policy to learn how we collect, share, and protect customer information.
Offer valid for referred individuals who do not currently have a Charles Schwab & Co., Inc. ("Schwab") account (other than a Stock Plan Services account) and who open and make a qualifying net deposit into an eligible retail brokerage account within 45 days of enrolling in the offer. Net deposits are assets deposited into the enrolled account minus assets withdrawn from the account and transferred out of Schwab. Only outside assets new to Schwab qualify; assets transferred from affiliates other than Schwab Retirement Plan Services are excluded. Net deposits will be calculated as of the 45th day after enrollment, and the bonus award will be credited to the enrolled account within approximately one week. For taxable accounts, you must maintain the net deposit amount (less any market losses) at Schwab for at least one year or Schwab may charge back the bonus award.

Schwab reserves the right to change the offer terms or terminate the offer at any time without notice. This offer is limited to one per account, with no more than one account enrolled per client. It does not apply to accounts managed by independent investment advisors, the Schwab Global Account™, ERISA-covered retirement plans, certain tax-qualified retirement plans and accounts, or education savings accounts. The bonus award, when combined with the value received from all other offers in the last 12 months, may not exceed $5,000 per household, as defined in the Charles Schwab Pricing Guide for Individual Investors. This offer is not transferable, saleable, or valid in conjunction with other offers and is available to U.S. residents only. Employees, contractors, or persons similarly associated with Schwab or a Schwab affiliate; their spouses; and employees of any securities regulatory organization or exchange are not eligible. Other restrictions may apply.

Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt before enrolling. Any related taxes are your responsibility. For taxable accounts, the bonus award will be reported on your Form 1099-INT. IRS guidance may impact your ability to make more than one IRA-to-IRA rollover in a one-year period.

Make a qualifying net deposit of cash or securities and earn a Bonus Award.
Net Deposit Bonus Award
$1,000–$24,999 $100
$25,000–$49,999 $200
$50,000–$99,999 $300
$100,000+ $500