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Charles Schwab Promotions

Read our in-depth review of Charles Schwab Bank to see why Charles Schwab Bank scored 4.1 stars out of 5. We like their no account minimum, no service fees, and refund all atm fees.

If you're looking for bank promotions, you must check out these offers.

High Yield Investor Checking – Unlimited ATM Rebates

Open a High Yield Investor Checking account and get unlimited ATM rebates worldwide. Charles Schwab will reimburse ATM fee at the end of every statement cycle. There is no minimum balance requirement and no service fees. You must open a Schwab brokerage account too, but you don't have to use it.

4.58%

3-Month CD - Up to 4.58% APY

4.45%

1-Year CD - Up to 4.45% APY

4.45%

6-Month CD - Up to 4.45% APY

4.43%

9-Month CD - Up to 4.43% APY

4.15%

18-Month CD - Up to 4.15% APY

Schwab CD OneSource®

Term APY
3 Months Up to 4.58%
6 Months Up to 4.45%
9 Months Up to 4.43%
1 Year Up to 4.45%
18 Months Up to 4.15%
2 Years Up to 4.45%

Schwab Bank Investor Savings

  • 0.15% APY
  • No monthly service fees
  • FDIC insured

Schwab Bank Investor Checking™

  • No monthly fees
  • No overdraft fees
  • No foreign transaction fees
  • Can be linked to an Schwab One® Brokerage account
Bank of America
Member FDIC

Bank of America Advantage Banking - $300 Bonus Offer

Expires 1/31/2025
  • The $300 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
  • The offer is for new checking customers only.
  • Offer expires 01/31/2025.
  • To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* totaling $2,000 or more into that new eligible account within 90 days of account opening. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
  • Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
  • Additional terms and conditions apply. See offer page for more details.
  • *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
  • Bank of America, N.A. Member FDIC.
High-Yield Savings Premier - 4.46% APY

High-Yield Savings Premier - 4.46% APY

  • No account activity or maintenance fees
  • $500 minimum opening deposit
  • FDIC insured
The annual percentage yield (APY) is accurate as of November 7, 2024 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. Member FDIC
FVCbank

Money Market Deposit Account - 4.55% APY

  • $1 minimum deposit
  • No fees
  • 24/7 online access to funds
  • FDIC insured
Chase
Member FDIC

Chase Total Checking® - $300 Bonus

Expires 1/22/2025
  • New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
  • With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs.
  • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
  • JPMorgan Chase Bank, N.A. Member FDIC
  • Open your account online now
  • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
  • Chase Overdraft Assist℠ - no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
US Bank
Member FDIC

U.S. Bank Smartly® Checking - Up to $450 Bonus

Expires 12/30/2024
Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through December 30, 2024. Member FDIC.

Earn up to $450 with a new Bank Smartly Checking account. Complete the following within 90 days of account opening:

  • Enroll in online banking or the U.S. Bank Mobile App
  • Make two or more direct deposits(s) totaling $2,000 to $4,999.99 to earn $250, $5,000 to $7,999.99 to earn $350 or $8,000 or more to earn $450.

Fund your new account within 30 days to start qualifying activities. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.

Don't miss another hot deal. Check back often at CreditDonkey.

Get $500 Closing Credit on Conforming, High Balance Mortgages

Borrower will receive $500 promotional closing cost credit on Conforming, High Balance Mortgages upon closing a Mortgage First purchase loan. Only participants who close on a Mortgage First purchase loan offered by Quicken Loans, Schwab Bank's home lending provider, can receive this promotional closing credit offer. Application date must be between March 15, 2019 and September 15, 2019 to qualify.

Expired 8/1/2019

0.250% Off on Interest Rate on 15-Year Fixed-Rate Jumbo Loan

Borrowers who applied for the 15-Year Fixed-Rate Jumbo Loan through Quicken Loans, Schwab Bank's home lending program, can get the 0.250% discount on interest rate. This offer is not valid on Home Equity Lines of Credit.

Expired 8/1/2019

Get $750 Closing Credit on Jumbo Mortgages

Borrower will receive a $750 promotional closing credit on Jumbo Mortgages upon closing a Mortgage First purchase loan. Only participants who close on a Mortgage First purchase loan offered by Quicken Loans, Schwab Bank's home lending provider, can receive this promotional closing credit offer. Application date must be between April 4, 2018 to June 30, 2019 to qualify.

Expired 6/30/2019

Charles Schwab Bank CD Rates

What is Charles Schwab Bank's CD rates?
  • 3-Month CD - Up to 4.58% APY
  • 6-Month CD - Up to 4.45% APY
  • 1-Year CD - Up to 4.45% APY
  • 9-Month CD - Up to 4.43% APY
  • 18-Month CD - Up to 4.15% APY

Pricing information from published website as of 12/06/2024.

 Chase
Member FDIC
 Learn MoreVisit Site
 

Charles Schwab Bank

Chase

 

Benefits and Features

Savings
0.15% APY
  • Chase Savings: 0.01% APY. $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account, OR a linked Chase College Checking for Overdraft Protection, OR a linked qualifying Chase checking account, OR for owners under 18. $0 to open.
  • Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account.
CDOffers brokered CDs from other banks. Minimum deposit of $1,000.Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee.
Checking 
  • Chase Total Checking®
  • Chase Premier Plus Checking: An interest-bearing account with some perks. $25 monthly service waived with an average beginning day balance of $15,000 OR a Chase mortgage with auto pay. $0 minimum balance to open.
  • Chase Sapphire Checking: A premium checking account for those with $75,000 or more on deposit with Chase. $0 minimum balance to open.
  • Chase College Checking: No monthly service fee for college students age 17-24 at account opening with proof of student status, for up to 5 years. $0 to open.
  • Chase Private Client Checking℠: For high net worth individuals who have $250,000 on deposit with Chase.
Mobile App 
iOS & Android
ATMsUnlimited ATM fee rebates when used with ATMs with the Visa, Interlink logo. Available worldwide.
15,000+ Chase ATMs
Customer Service24/7 Live Customer Service (Telephone and Chat)Automated service available 24/7
Locations345 branches across the country. You may also open an account online.
Over 4,700
 Learn MoreVisit Site

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 12/06/2024.

Chase: Pricing information and data points from published website as of 11/20/2024.


Charles Schwab Bank Alternatives

Chase
Member FDIC

Chase Secure Banking℠ - $100 Bonus

Expires 1/22/2025
  • New Chase checking customers enjoy a $100 checking account bonus when you open a Chase Secure Banking℠ account with qualifying transactions. Open online or at any Chase branch.
  • Set up direct deposit and you may get your money up to two business days early-exclusively for Chase Secure Banking℠ customers.
  • No minimum deposit to open an account and get started plus no overdraft fees with a Chase debit card that helps you stay within your balance.
  • No need to worry about overdraft fees - Chase Secure Banking℠ allows you to spend only the money you have available.
  • Chase Secure Banking℠ customers told us they save an average of more than $40 per month on fees after opening their account.
  • Pay bills, cash checks and send or receive money with Zelle® with a Chase Secure Banking℠ account.
  • Bank from anywhere with access to more than 15,000 Chase ATMs, more than 4,700 Chase branches, the Chase Mobile® app and Chase.com.
  • JPMorgan Chase Bank, N.A. Member FDIC.
Bank of America
Member FDIC

Bank of America® Business Advantage Banking Checking Account - $200 Bonus Offer

  • The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
  • The offer is for new eligible business checking customers only.
  • Offer expires 12/31/2025.
  • To qualify, deposit $5,000 or more in New Money* directly into a new eligible Bank of America Business Advantage Banking account within thirty (30) days of account opening.
  • Maintain an average balance of $5,000 in that new Business Advantage Banking account during the Maintenance Period**.
  • Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
  • Additional terms and conditions apply. See offer page for more details.
  • *New Money is new funds deposited into your business checking account that are not transfers from other Bank of America deposit accounts or Merrill investment accounts.
  • ** The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening.
  • Bank of America, N.A. Member FDIC
US Bank
Member FDIC

Silver Business Checking account - $400 Bonus

Expires 1/15/2025

Promo code Q4AFL24 MUST be used when opening a U.S. Bank Silver, Platinum, or Business Essentials (Available in AZ, NV, CO, NM, OH, IN, KY and TN) Business Checking account. Limit of one Business Checking bonus per business. A $100 minimum deposit is required to open one of the referenced accounts.

Earn your $400 Business Checking bonus by opening a new U.S. Bank Silver Business Checking or Business Essentials (not available in all markets) account between 10/1/2024 and 1/15/2025. You must make deposit(s) of at least $5,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $5,000 until the 60th day after account opening.

New money is considered money that is new to U.S. Bank. Funds must come from outside U.S Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. Checking account fees (e.g., monthly maintenance, paper statement fee, etc.) could reduce the qualifying daily balance, therefore you must make deposit(s) to cover the fees to maintain the daily balance during the qualifying period to be awarded the bonus. Refer to the Business Pricing Information or Business Essentials® Pricing Information Document for a list of fees.

The business checking bonus will be deposited into your new eligible U.S. Bank Business Checking account within 30 days following the last calendar day of the month you complete all of the offer requirements, as long as the account is open and has a positive available balance.

Offer may not be combined with any other business checking account bonus offers. Existing customers (businesses) with a business checking account or customers (businesses) who had an account in the last 12 months, do not qualify.

All regular account-opening procedures apply. For a comprehensive list of checking account pricing, terms and policies, reference your Business Pricing Information or Business Essentials® Pricing Information and YDAA disclosure. This document can be obtained by contacting a U.S. Bank branch or calling 800.872.2657.

Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice. Member FDIC.

Discover Bank
Member FDIC

Discover® Online Savings - $200 Cash Bonus

Expires 3/13/2025

To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code CY924 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.

What to know: Offer not valid for existing or prior Discover savings customers, including co-branded, or affinity accounts. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 03/13/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding your Account, see FAQs on Discover.com/Bank. See advertiser website for full details.

CIT Bank
Member FDIC

CIT Bank Platinum Savings - 4.35% APY

  • 4.35% APY with a balance of $5,000 or more
  • 0.25% APY with a balance of less than $5,000
  • $100 minimum opening deposit
  • No monthly maintenance fee
  • Member FDIC

Articles on Charles Schwab Bank

Charles Schwab Bank Review

Charles Schwab is more than a brokerage. It also offers high yield checking and savings interest rates that might far surpass your local bank. Read on to learn the pros and cons.

Charles Schwab High Yield Savings

Charles Schwab Bank has a savings account with no fees and a free debit card. But how does its APY stack up against other accounts?

Charles Schwab Routing Number

You'll need the right routing number to transfer money in or out of your Charles Schwab bank account. Find yours and learn more about money transfers in our guide.

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More Bank Promotions

Chase
Member FDIC

Chase Coupon

Chase Bank $300 Bonus
Bank of America
Member FDIC

Bank of America Promotions

Bank of America Advantage Banking - $300 Bonus Offer

USAA Bank

6-Month CD - 2.75% APY

Ally Bank Promotions

Online Savings Account - 3.80% APY

Wells Fargo Promotions

Personal Checking Account - $300 Bonus

Capital One 360 Promo Code

Personal Savings Account - $1,500 Bonus

About CreditDonkey
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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