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Charles Schwab Promotions

Read our in-depth review of Charles Schwab to see why Charles Schwab scored 4.2 stars out of 5. We like their vast selection of commission-free etfs and mutual funds, 2 platforms (one for beginners and one for advanced traders), and 24/7 customer service including online chat.

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

$0

$0 Commissions on Online Stock, ETF, and Options Trades

500 Commission-Free Online and Options Trades

Offer is available for new and existing Schwab clients. Clients must make a qualifying net deposit of $100,000 into their Charles Schwab & Co. retail brokerage account within 45 days of enrollment in the offer. This offer is limited to one account per client. Trades will expire 730 days after credited to account.

$1,000

Schwab's Referral Offer - Up to $1,000 Bonus

You must enroll in the offer via your friend's personal link. Open a new qualifying account (Schwab retail brokerage accounts and IRAs, including accounts enrolled in Schwab-sponsored investment advisory programs), and make a qualifying net deposit of cash or securities within 45 days of opening the account. The bonus will be deposited to your account about a week after the initial 45 days.

Qualifying Net DepositBonus
$25,000 - $49,999$100
$50,000 - $99,999$300
$100,000 - $499,999$500
$500,000 or more$1,000

$101

Schwab Starter Kit - $101 Bonus

Open a new account and deposit $50 or more into the account within 30 days of account opening.

Fundrise

Invest in Real Estate with $10+

  • Only $10 minimum investment
  • Get a diversified portfolio of real estate projects across the US
  • Open to all investors
GROUNDFLOOR

Invest in Real Estate with $10

The minimum investment amount is only $10. (Though most transfer $100 for better diversification; subsequent transfers can be for any amount)

  • Short-term real estate investments lasting just 12-18 months
  • Open to non-accredited investors
  • No investor fees
J.P. Morgan Wealth Management

J.P. Morgan Self-Directed Investing - Get Up to $700

Expires 1/23/2025
  • Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money.
  • $700 when you fund with $250,000 or more
  • $325 when you fund with $100,000-$249,999
  • $150 when you fund with $25,000-$99,999
  • $50 when you fund with $5,000-$24,999
  • Get unlimited commission-free online stock, ETF, fixed income, and options trades when you open an account.
  • $0 Online Commission trades
  • Choose an account that's right for you: General Investing, Traditional IRA or Roth IRA.
  • Access our secure, easy-to-use trading experience online or through the Chase Mobile® app.
  • Our powerful tools and resources are built to help you take control of your investments.

INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSITNOT FDIC INSUREDNO BANK GUARANTEEMAY LOSE VALUE

Moomoo

Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash

Expires 11/30/2024

Enroll Cash sweep to enjoy 4.6% APY base rate plus 3.5% APY booster for the first 3 months after opening your account

Make a net deposit of $1,000 or more to receive 15 draws, each for a free stock worth $2 - $2,000 each. Maintain average assets totaling $1,000 or more for 60 days to unlock the free stocks.

This offer is available to new and existing customers who have not made a deposit nor an ACAT Transfer before May 29, 2024 04:00 ET and who will or are planning to make an ACAT Transfer during the duration of the offer. Terms and conditions apply.

Charles Schwab Trending Offers

YesterdaySchwab's Referral Offer - Up to $1,000 Bonus selected by a visitor from Minnesota
YesterdaySchwab Starter Kit - $101 Bonus selected by a visitor from New Hampshire
Yesterday$0 Commissions on Online Stock, ETF, and Options Trades selected by a visitor from Washington
9 days ago500 Commission-Free Online and Options Trades selected by a visitor from Nebraska

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

Free Rounds of Golf and More with Deposit

Enroll in this offer and make a qualifying net deposit into your Charles Schwab brokerage account within 30 days of enrollment. Maintain the qualifying net deposit in your account for at least 1 year. Assets deposited must be new to Schwab to qualify.

Qualifying Net DepositBonus
$250,0002 vouchers (each redeemable for a round of golf)
$500,0004 vouchers (each redeemable for a round of golf), and 1 dozen of Titleist Pro V1® golf balls
$1,000,0006 vouchers (each redeemable for a round of golf), 3 custom Vokey® SM10 Wedges, and 1 dozen of Titleist Pro V1® golf balls

See terms and conditions for bonus redemption, participating golf courses, and more information.

Expired 10/31/2024
$6,000

Schwab Investor Reward - Up to $6,000 Bonus

Enroll in this offer and make a qualifying net deposit of cash or securities into an eligible retail brokerage account. Deposit must be made within 45 days of enrollment to this offer. Cash rewards will be based on the net deposit calculated on the 45th day after enrollment.

Net DepositCash Bonus
$50,000–$249,999$300
$250,000–$499,999$600
$500,000–$999,999$1,200
$1,000,000–$4,999,999$2,500
$5,000,000 or more$6,000

Expired 8/26/2024
$2,500

Schwab Investor Reward - Up to $2,500 Bonus

Enroll in this offer and make a qualifying net deposit of cash or securities into an eligible retail brokerage account. Deposit must be made within 45 days of enrollment to this offer. Cash rewards will be based on the net deposit calculated on the 45th day after enrollment.

Net DepositCash Bonus
$50,000–$99,999$200
$100,000–$249,999$300
$250,000–$499,999$600
$500,000–$999,999$1,200
$1,000,000 or more$2,500

Expired 4/8/2024
$50

Schwab Starter Kit - $50 Bonus

Expired 9/7/2023

Open a new account and deposit $50 or more into the account within 30 days of account opening.

$200

New Schwab Client - $200 Bonus

Open an eligible account using referral code from an existing client. Enroll in the offer and make a net deposit of $25,000 to $49,999 (cash or securities) within 45 days of enrolling in the offer.

Expired 12/31/2021
$300

Free 2 Ski Lift Tickets and $300 North Face Gift Card

Make a qualifying net deposit of $250,000 into Charles Schwab & Co., Inc. brokerage account to get two lift ticket vouchers redeemable at any participating ski resort and $300 North Face gift card. Qualifying net deposit must be made within 30 days of enrollment in the offer. Qualifying net deposit must be maintained in Schwab acount for at least one year. This offer is limited to one per client.

Expired 3/31/2019
$300

Free 4 Ski Lift Tickets and $300 North Face Gift Card

Make a qualifying net deposit of $500,000 into Charles Schwab & Co., Inc brokerage account to get four lift ticket vouchers redeemable at any participating ski resort and $300 North Face gift card. Qualifying net deposit must be made within 30 days of enrollment in the offer. Qualifying net deposit must be maintained in Schwab account for at least one year. This offer is limited to one per client.

Expired 3/31/2019

Free 4 Ski Lift Tickets and $300 North Face Gift Card

Make a qualifying net deposit of $500,000 or more into Charles Schwab & Co., Inc brokerage account to get four lift ticket vouchers redeemable at any participating ski resort and $300 North Face gift card. Qualifying net deposit must be made within 30 days of enrollment in the offer. Qualifying net deposit must be maintained in Schwab account for at least one year. This offer is limited to one per client.

Expired 3/31/2020

Free 4 Ski Lift Tickets

Make a qualifying net deposit of $250,000 - $499,000 into taxable retail Charles Schwab & Co., Inc. brokerage account to get four lift ticket vouchers redeemable at any participating ski resort. Qualifying net deposit must be made within 30 days of enrollment in the offer. Qualifying net deposit amount must be maintained in Schwab account for at least one year. This offer is limited to one per client.

Expired 3/20/2020

Free 2 Ski Lift Tickets

Make a qualifying net deposit of $100,000 - $249,999 into taxable retail Charles Schwab & Co., Inc. brokerage account to get two lift ticket vouchers redeemable at any participating ski resort. Qualifying net deposit must be made within 30 days of enrollment in the offer. Qualifying net deposit amount must be maintained in Schwab account for at least one year. This offer is limited to one per client.

Expired 3/31/2020

What Charles Schwab Offers

Charles Schwab offers a full range of banking and investment products.

Deposit Products:
Charles Schwab only offers a checking and savings account for their banking products. Both have no minimum balance requirements, and no fee to open or maintain. Both offer a higher APY than other large national banks.

  • High Yield Investor Checking: This checking account is linked with the Schwab One brokerage account. You must also open the brokerage account, though you don't have to use it. All ATM fees worldwide are refunded at the end of each month. There is no foreign transaction fee.

  • High Yield Investor Savings: The savings account earns a higher APY than the checking account.

Investment Accounts:
All trade accounts have no opening or maintenance fees.

  • Brokerage Accounts: Trade in stocks, options, mutual funds, ETFs, futures, bonds, fixed income, and more.

  • Retirement Accounts: You can open a Traditional IRA, Roth IRA, or Rollover IRA.

  • Schwab Intelligent Portfolios: Want to invest hands off? Schwab Intelligent Portfolios is a robo-advisor with completely free management. Minimum to invest is $5,000.

  • Trust, Estate, and Charitable accounts

  • 529 College Savings Plan and Education Savings Plan

  • Custodial Account

Opening a New Schwab Account

To open a new brokerage account, you will need:

  • Your Social Security Number
  • Driver's license number
  • Employer information (if applicable)
  • Statement information for assets or cash you may want to transfer.

How much are trades on Charles Schwab?
Trades start at $0 per trade. Commissions and fees are as follows:

  • U.S. Stocks & ETFs: $0
  • Options: $0 + $0.65 per contract
  • Mutual Funds: $0 for Schwab Funds and thousand of other funds through Schwab Mutual Fund OneSource; $49.95 per purchase for all other funds
  • Futures: $2.25 per contract

Is Charles Schwab a good brokerage? Charles Schwab is one of the oldest names in the world of investing. With low fees, a wide product offering, no account maintenance fees, and 24/7 specialized support, it's a great brokerage for both experienced investors and newbies.

Did you know: The Schwab One Brokerage Account is Charles Schwab's most popular investment account. Features include:

  • No fee to open or maintain the account.
  • $0 commission on U.S. stock trades
  • 24/7 customer service by phone, or in-person at more than 300 branches.
  • Add the Schwab Trading Services account option at no extra cost, and get customizable trading platforms, education resources, and 24/7 support from dedicated trading specialists. No trade minimum required.

Charles Schwab Deals to Watch Out For

  • Golf promotion: During the summer months, Charles Schwab offers rounds of golf when you deposit a qualifying amount into a Schwab taxable brokerage account. A list of participating courses can be found here

  • Ski promotion: During ski season (typically October through March), Charles Schwab offers ski lift vouchers when you deposit a qualifying amount into a Schwab taxable brokerage account. These vouchers are available at any participating ski resort.

    Highlights

    Stock Trading
    $0 commission on U.S. stocks and ETFs
    Options Trading
    $0 + $0.65 per contract
    Minimum Deposit
    $0
    Commission Free ETFs
    2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSource™.
    Mutual Fund Trading
    $0 for no-transaction-fee funds $49.95 for all other funds
    Broker Assisted Trades
    $25.00 service charge
    Inactivity Fee
    None
    Maintenance Fee
    $0
    Banking
    Yes
    Desktop App
    Yes
    Mobile App
    Yes
    Customer Service
    24/7
    Futures Trading
    $2.25 per contract
    Locations
    300 locations
    Online Community
    Yes
    Seminars
    Yes
    Virtual Trading
    Yes (thinkorswim platforms)

Pricing information from published websites as of 11/09/2024.

 

Charles Schwab

Fidelity

 

Benefits and Features

Stock Trading$0 commission on U.S. stocks and ETFs
$0
Options Trading
$0 + $0.65 per contract
$0.65 per contract
Annual Fee 
None
Cryptocurrency Trading 
$0
Minimum Deposit
$0
$0
Mutual Fund Trading$0 for no-transaction-fee funds $49.95 for all other funds
Yes
Commission Free ETFs2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSource™. 
Broker Assisted Trades
$25.00 service charge
 
Inactivity Fee
None
$0
Maintenance Fee
$0
$0
Banking
Yes
No
Mobile App
Yes
Yes
Desktop App
Yes
 
Futures Trading
$2.25 per contract
 
Customer Service
24/7
 
Locations
300 locations
 
Online Community
Yes
 
Seminars
Yes
 
Virtual Trading
Yes (thinkorswim platforms)
 

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: Pricing information from published websites as of 11/09/2024.

Fidelity: Pricing information from published website as of 07/05/2024.


Charles Schwab Alternatives

Robinhood

Commission-Free Trades

Trade stocks, funds, options, and cryptocurrencies

Acorns

$20 Investment Bonus

  • Open an Acorns account (new users only)
  • Set up the Recurring Investments feature
  • Have your first investment be made successfully via the Recurring Investments feature
eToro
eToro USA LLC and eToro USA Securities Inc.

Deposit $100 and Get $10 from eToro USA LLC

Expires 12/31/2024
For a limited time, you can get $10 when you deposit $100 in your eToro account. Here's how:
  1. Sign up for an eToro account
  2. Deposit $100
You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
Fundrise

Invest in Real Estate with $10+

  • Sign up in minutes; no complicated paperwork
  • $10 minimum investment
  • No income requirements
  • Multiple investing plans tailored to your goals
  • Completely passive investment
  • Low 1% annual fee

Articles on Charles Schwab

Charles Schwab

Charles Schwab is one of the oldest names in the world of investing. With low fees, no account minimums, and robust research tools, it's a good brokerage for all levels of investors.

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About CreditDonkey
CreditDonkey is a personal finance 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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