When you refer your friends and family to Schwab, they can get $100 for becoming a Schwab client.

Make a referral in 2 easy steps:

  • Step One

    Click on the Invite Friends & Family button and you will be asked to log in to your account. Once you log in, you'll land on the Schwab Referral Center where you can obtain your unique referral code to share with friends and family via text, email, or social media.

  • Step Two

    After your friends and family receive your unique referral code, they can use it to open an eligible Schwab account—and can get $100.

Click here if you've been referred.

FAQs

Have you been referred by a friend?

If you've received a referral, please visit schwab.com/referred to get started.

What is Schwab's Referral Offer?

Schwab's Referral Offer awards referred friends and family of Schwab clients for becoming a new Schwab client.

Who receives the $100 and when do they receive it?

The $100 Bonus Award is awarded to the new client, in the account that they open.

When will the Bonus Award be deposited into the new account?

The new client will receive the Offer deposited into the enrolled account approximately one month from account open.

What is a referral code and how do I find my referral code?

Every client has a referral code that is unique to them. When you share this with your friends and family and they become a new Schwab client by opening an eligible account using your code, they can earn $100 in their account. You can locate your referral code when you visit schwab.com/refer and click the Invite Friends & Family link. You will be asked to log in to your account. Once you log in, you will land on the Schwab Referral Center where you can find your code in the sentence above the shaded "2 Ways to Refer" box.

How do I share my referral code?

You can share your referral code when you visit schwab.com/refer and click the Invite Friends & Family link. You will be asked to log in to your account. Once you log in, you will land on the Schwab Referral Center page, you will see several options to share this code with your friends and family. We embedded your code into a link so that you can easily share it through text, email, or your social media accounts. You can also verbally share this code with friends and family and they can enter it when they become a new client and open an account, or share it with the representative when opening an account by phone.

Can a referred new client open any account and get the Bonus Award?

Accounts eligible for the Schwab $100 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® and Connection, and Schwab Private Client™. Schwab Bank High Yield Investor Checking® accounts qualify when combined with Schwab One® accounts (standalone Schwab Bank High Yield Investor Checking® accounts do not qualify). The offer 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.

Can this offer be combined with other promotional offers?

Yes. New clients to Schwab can participate in both the Referral Offer and other offers for which they are eligible. They must enroll in both offers and meet any requirements of each offer.

Can two new clients in the same household participate in the Offer?

Yes. As long as both clients are new to Schwab, they can individually open an account and participate in the Referral Offer to separately qualify for the $100 Bonus Award.

Privacy

What if I am uncomfortable referring someone online?

Please call a representative at 800-398-8640 for help with your referral.

Will existing clients know when their friend or family member has opened an account?

No. For privacy reasons, Schwab will not inform clients when referred individuals open an account. See our privacy policy on how we protect customer information.

While we greatly appreciate all client business, we are unable to accept personal referrals from clients who hold only PCRA or CRA with Schwab.

Terms & Conditions

New clients who do not have a Charles Schwab & Co., Inc. ("Schwab") account (other than a Stock Plan Services account), open an eligible retail brokerage account, and enroll in the offer can earn a $100 Bonus Award. The Bonus Award will be credited to the enrolled account within approximately one month of account open. For taxable accounts, the account must be maintained 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. The offer is limited to one per account, with no more than one account enrolled per client. The offer 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 offer is not transferable, saleable, or valid in conjunction with certain 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. Schwab may decline requests to enroll in the offer at its discretion. Other restrictions may apply.

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

CC1877005 (0119-8XF2) (09/18)