Charles Schwab Bank vs USAA Bank
Charles Schwab Bank is a popular brokerage with a free checking account that refunds ATM fees. How does it compare to USAA Bank? Read our comparison chart below.
Charles Schwab Bank | USAA Bank | |
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High Yield Investor Checking – Unlimited ATM Rebates - | Personal Checking Account - $200 Bonus - | |
Benefits and Features | ||
Savings | ||
CD | Offers brokered CDs from other banks. Minimum deposit of $1,000. | 0.05% to 2.25% APY. Terms of 91 days to 7 years. Minimum deposit of $1,000 to open. |
Checking | Classic Checking, Youth Spending | |
Mobile App | ||
ATMs | Unlimited ATM fee rebates when used with ATMs with the Visa, Interlink logo. Available worldwide. | 100,000+ USAA and USAA-preferred ATMs |
Customer Service | 24/7 Live Customer Service (Telephone and Chat) |
|
IRA CD | 0.01% APY. Terms of 182 days to 1 year. Minimum deposit of $250. | |
Locations | 345 branches across the country. You may also open an account online. | 4 financial centers in Colorado, New York, Maryland, and Texas |
CreditDonkey® Reviews | ||
Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Fees | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Popular brokerage with a free checking account that refunds ATM fees... | Savings account with low rate and limited availability... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Charles Schwab Bank: Pricing information from published website as of 03/24/2025. USAA Bank: Pricing information from published website as of 03/29/2025. |
Which is Better: Charles Schwab Bank or USAA Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Charles Schwab Bank or Chase.
In short: Charles Schwab Bank's savings and customer service are notable.