Find the latest Charles Schwab Bank bonuses, promotions, and offers here.
Right now, they are offering a $500 bonus and 500 free equity when you meet the requirements.
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Charles Schwab Bank Bonuses Review
Charles Schwab Bank’s goal is to offer personal banking and lending products in addition to the brokerage services for which the company is commonly known. For 40 years, they have been an advocate for individual investors and the financial professionals who serve them.
- Promotion Links:
- Account Type: Brokerage, Investor Checking, or Retirement Account
- Availability: Nationwide
- Branches: (Bank Locator)
- Credit Inquiry: Unknown
- Direct Deposit Requirements: Yes
However, Charles Schwab Bank CD and Savings rates aren’t that great. Therefore, check our best rates Savings, Money Market, and CD accounts.
If this offer does not interest you, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
I’ll go over all Charles Schwab Bank offers below.
Charles Schwab 500 Free Equity Bonus
Earn up to 500 commission-free trades when you enroll and make a deposit of $100,000 in your account to earn trades.
- What you’ll get: 500 Free Equity
- Eligible account: Brokerage Account
- Credit inquiry: Hard Pull
- Where it’s available: Nationwide
- How to earn it:
- Open an individual brokerage account
- Enroll and make a qualifying net deposit of $100,000
- Qualifying net deposit must be made
- When you’ll receive it: Not listed, check with CSR
- Monthly fee: None
(Does Not Expire)
How To Earn Equity Bonus
- Open an individual brokerage account
- Enroll and make a qualifying net deposit of $100,000 in your Schwab account to earn your trades
- Qualifying net deposit must be made within 45 days of enrollment in the offer
- Offer valid for individuals who make a qualifying net deposit into a Charles Schwab & Co. Inc. (“Schwab”) retail brokerage account within 45 days of enrollment in the offer.
- Only assets new to Schwab qualify; assets transferred from affiliates other than Schwab Retirement Plan Services, Inc. and Schwab Retirement Plan Services Company are excluded.
- Schwab reserves the right to change the offer terms or terminate the offer at any time without notice.
- This offer is limited to one per account, with no more than one account enrolled per client.
- No more than 500 trades per client may be received pursuant to all promotional offers in any 12-month period.
- This offer does not apply to brokerage accounts managed by independent investment advisors or enrolled in advisory service, the Schwab Global Account™, ERISA-covered retirement plans, certain tax-qualified retirement plans, and accounts, or education savings accounts.
- This offer is not transferable, saleable, or valid in conjunction with any other offer and is available to U.S. residents only.
- Any taxes related to the offer are your responsibility.
Charles Schwab $500 Referral Bonus
Charles Schwab is offering a $500 bonus when you refer a friend to open a new qualifying Charles Schwab account.
- What you’ll get: $500 Bonus
- Eligible account: Charles Schwab Account
- Credit inquiry: Unknown
- Where it’s available: Nationwide
- How to earn it:
- Become a Schwab client
- Make a qualifying net deposit of cash or securities within 45 days.
- When you’ll receive it: They will deposit the Bonus Award into your account about a week after the 45-day qualification period.
- Monthly fee: None
(Does Not Expire)
Furthermore, I would compare this offer to some of the best offers available. Current bonuses such as Chase Total Checking ($200 Bonus), HSBC Premier Checking ($450 Bonus), Huntington 25 Checking ($500 Bonus), TD Bank Beyond Checking ($300 Bonus).
How to Earn $500 Bonus
- Become a Schwab client
- Open an account using a friends referral code
- Make a qualifying net deposit of cash or securities within 45 days.
- $1,000–$24,999: $100
- $25,000–$49,999: $200
- $50,000–$99,999: $300
- $100,000+: $500
- Free bill pay on Schwab.com and Schwab Mobile
- Check deposit from anywhere with Schwab Mobile Deposit
- Free standard checks and a Schwab Bank Visa® Platinum Debit Card
- FDIC insurance up to $250,000
- A linked Schwab One Brokerage Account
- No Monthly Fees
- Offer valid for referred individuals who do not currently have a Charles Schwab & Co., Inc. (“Schwab”) account (other than a Stock Plan Services account) and who open and make a qualifying net deposit into an eligible retail brokerage account within 45 days of enrolling in the offer.
- Net deposits are assets deposited into the enrolled account minus assets withdrawn from the account and transferred out of Schwab.
- Only outside assets new to Schwab qualify; assets transferred from affiliates other than Schwab Retirement Plan Services are excluded.
- For taxable accounts, you must maintain the net deposit amount (less any market losses) at Schwab for at least one year or Schwab may charge back the bonus award.
Conclusion
Lastly, for those of you who are looking for a new account, Charles Schwab Bank has an easy sign-up bonus you can partake in. Additionally, for those of you who already have an existing account with Charles Schwab, feel free to reach out to customer service and see if they can give you the bonus as well.
Furthermore, feel free to comment on this post with any questions you may have about Charles Schwab Bank
Additionally, check back often for more Charles Schwab Bank Bonuses, Promotions, or Offers!
| BONUS LINK | OFFER | REVIEW |
| Chase Business Complete BankingSM | $300 Cash | Review |
| Bank of America Checking | $100 Offer | Review |
| HSBC Premier Checking Member FDIC | $450 Cash | Review |
| HSBC Premier Checking Member FDIC | Up To $600 | Review |
| BBVA Free Checking + Savings | $250 Cash | Review |
| Aspiration | $100 Cash | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience CheckingSM | $150 Cash | Review |
| Huntington 25 Checking | $300 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $750 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $200 Cash | Review |
| Axos Bank Basic Business Checking | $100 Cash | Review |
| Ally Invest | Up to $3,000 Cash | Review |
| BlockFi | Up To $250 BTC | Review |
| Discover Bank Cashback Debit | $360 Debit Cashback | Review |
