"High Yield Investor Checking" from Charles Schwab Bank

The Basics

Minimum Opening Deposit $0.00
Monthly Service Fee $0.00
Interest Rate
 
0.50%
The account earns 0.50% interest.

Debit Cards & Using ATMs

Debit Card $0.00/yr
ATM Fee Rebates
 
Yes
This account includes rebates of any ATM fees you incur when you use any non-affiliated ATM, including international ATMs.
Each rebate is credited to your account at the end of the month.
Non-affiliated ATM Usage Fee $0.00
International ATM Usage Fee Show Details
Charles Schwab will automatically rebate any foreign conversion charges from their debit card provider (in this case, Visa).

Electronic & Telephone Banking

Online Banking Free
Online Billpay Free
Automated Phone Banking Free
Direct Connect for Quicken
 
Free
You can access your transaction history directly through Quicken, MS Money. There is no fee for this feature.

Checks & Statements

Unlimited Check Writing Yes
Free or Discounted Checks
 
Yes
Standard wallet and duplicate check styles are free.
Monthly Paper Statements Yes
Check Images with Statements Not Included
Electronic Statements Yes
Online Check Images
 
Yes
Images of cancelled checks can be viewed online for 1 year.

Overdrawing the Account

Insufficient Funds Fee
 
$25.00/per item
The Insufficient Funds Fee is $25.00 per overdraft.
Overdraft Protection
 
Available
No fee transfers from savings account, brokerage account, or line of credit. Money is transferred to a zero balance.

Savings and Money Market Accounts

High Yield Investor Savings
 
No Fee
'High Yield Investor Savings' requires $0.00 to open and $0.00 to earn interest.
Current APY Information:
- 0.75% at minimum balance to earn interest;
- 0.75% at minimum balance to avoid fees;
- 0.75% at $25,000.00
Money Market
 
No Fee
'Money Market' requires $0.00 to open and $0.00 to earn interest.
Current APY Information:
- 0.25% at minimum balance to earn interest;
- 0.25% at minimum balance to avoid fees;
- 0.25% at $25,000.00

We suggest you also consider:

PerkStreet Financial℠ is a progressive online financial services company that offers the most valuable checking account and debit card rewards combination in the U.S. PerkStreet offers a fully featured, free checking account, a debit card with the most rewards and access to the largest network of free ATMs in the country. The PerkStreet Financial Visa® Debit Card is issued by The Bancorp Bank, Member FDIC.

How does Charles Schwab Bank Compare?

Enter your zip code

- Requires no personal information
- Provides unbiased results
- Estimates bank fees
- Takes only minutes

 

How We Get Our Information

We conduct our own research for the largest US banks and we audit the information provided by community banks and credit unions.

Our branch location database is sourced from the FDIC and is updated with information provided by banks and credit unions.

We make best efforts to maintain accurate data, but we suggest you verify this information prior to opening an account.

All deposit accounts in FindABetterBank are insured by the FDIC or NCUA.

FindABetterBank In The News

Barron's Banking at Your Peril
Financial Tuneup: How to Find a Better Bank
The Best Bank For You
The Best Bank For You
March 15, 2010

Rob's Latest Blog on The Huffington Post

Big Banks: Worry About Customers, Not Regulations

Help us locate banks and credit unions nearby and tell us what types of checking accounts to include

 
Zipcode
Find banks within
Cancel