The checking account built for investors.
No monthly fees¹. Unlimited ATM fee rebates worldwide². And a J.D. Power award‑winning bank. Start banking smarter today.
The benefits are worth banking for.
The Schwab Bank Investor Checking™ account is conveniently linked to a Schwab One® brokerage account³, so you can easily transfer cash, access your money worldwide, and manage your investing and checking in one place with a single login.
Effortless transfers
Move cash between your brokerage and checking accounts instantly⁴ — ready to invest or withdraw when you need it.
No monthly fees
$0 monthly service fees and no minimum balance requirements. Keep more of your money.
Unlimited ATM fee rebates
Use any ATM worldwide — we'll rebate the fees at the end of each month. No foreign transaction fees either.
#1 in Customer Satisfaction for Direct Bank Checking Accounts for the 7th year in a row.*
*Charles Schwab received the highest score in the checking segment of the J.D. Power 2019–2025 U.S. Direct Banking Satisfaction Studies. Visit jdpower.com/awards for more details.
Take a guided tour of our award‑winning checking features.
See how the Schwab Bank Investor Checking account helps you manage everyday spending, access cash globally, and link seamlessly to your investments — all in one powerful platform.
Want more from your checking account? Count on it.
Robust mobile app
Check balances, deposit checks, transfer funds, and manage everything from your phone with Schwab Mobile Deposit™⁶.
24/7 client support
Schwab teams are ready to help with any questions about your checking account or banking needs.
FDIC insured & secure
Up to $250,000 FDIC insurance¹¹, plus fraud alerts and Schwab Security Guarantee for peace of mind.
Power up your checking.
Common investor checking questions.
It's quick to apply online. You can also call 888‑403‑9000 for assistance. All you need is basic personal information.
Use any ATM worldwide — Schwab Bank rebates the surcharge fees at the end of each month. There's also no foreign transaction fee when you use your debit card abroad.
No. There is no minimum balance requirement and no monthly service fee for the Investor Checking account.
It's built specifically for investors — seamless integration with your Schwab One brokerage account, unlimited ATM fee rebates, no foreign transaction fees, and no monthly fees.