Ranked Highest in Customer Satisfaction with Direct Retail Banking, 3 years in a Row*

Schwab Bank High Yield Investor Checking® account¹

No monthly fees, no minimums.
Banking and Investing made easier.

Checking account features

  • Gift with dollar sign icon

    Unlimited ATM fee rebates worldwide²

  • $0

    No service fees or account minimums

  • Globe with dollar sign icon

    No foreign transaction fees³

  • 0.03%

    APY⁴ on your checking account balance

Benefits of a checking account with Schwab Bank

  • Banking for investors

    No monthly fees, no minimums, and a competitive APY means more money to invest.

  • Travel with confidence

    No foreign transaction fees, unlimited ATM fee rebates, and the Schwab Security Guarantee.

  • Convenience and ease

    One login, multiple accounts and the ease of managing all your money from one place.

  • Security and peace of mind

    Card lock/unlock, bank and transaction alerts and travel notices5 help you and us stay on top of your account.

  • Robust mobile app

    Make deposits, move money - All your Schwab banking needs are an app away6.

  • Mobile payments are easy

    Use your mobile wallet or contactless debit card for a secure, convenient and easy way to pay7.

Accounts in multiple places? We are here to help you transfer.

Learn More

Common questions