Charles Schwab Bonuses: Up to $6,000 Sign Up, Referral Offers

Take advantage of new Charles Schwab promotions, bonuses, and offers for stocks, ETFs, bonds, options and mutual funds here.

Update 7/3/24: Right now, you can take advantage of the Schwab Investor Reward and receive up to $6,000 as a cash bonus.

Charles Schwab Account Summary

Charles Schwab Bank is an independent bank that was established in 2003 by the Charles Schwab Corporation, a publicly traded financial services company listed on the New York Stock Exchange. The bank was established in order to offer personal banking and lending products in addition to brokerage services.

Being a well-known financial institutions, you will be able to take advantage of a wide selection of features and services for you to take advantage of.

I’ll review Charles Schwab Promotions below.

Charles Schwab Investor Reward $6,000 Bonus

• Learn More at Charles Schwab
• What you’ll get: Up to $6,000 bonus
• Eligible account: Brokerage
• Availability: Nationwide
• How to earn it:
  • Right now, you can take advantage of the Schwab Investor Reward and receive up to $6,000 as a cash bonus. Just make a qualifying net deposit of cash or securities into your eligible account within 45 days of enrolling.
  • Enroll and make a qualifying net deposit of cash or securities of $50,000-$249,999 and earn a bonus award of $300
  • Enroll and make a qualifying net deposit of cash or securities of $250,000-$499,999 and earn a bonus award of $600
  • Enroll and make a qualifying net deposit of cash or securities of $500,000-$999,999 and earn a bonus award of $1,200
  • Enroll and make a qualifying net deposit of cash or securities of $1,000,000-$4,999,999 and earn a bonus award of $2,500
  • Enroll and make a qualifying net deposit of cash or securities of $5,000,000 or more and earn a bonus award of $6,000

(Limited time offer)

Fine Print

• Offer valid for Charles Schwab & Co., Inc. (“Schwab”) clients who make a qualifying net deposit into an eligible retail brokerage account within 45 days of enrollment. Net deposits are assets deposited into the enrolled account minus assets withdrawn from the account and transferred out of Schwab.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. Net deposits will be calculated as of the 45th day after enrollment, and the cash bonus will be credited to the enrolled account within 10 days. For taxable accounts, excluding accounts pledged to Charles Schwab Bank, you must maintain the net deposit amount (less any market losses) at Schwab for at least one year or Schwab may charge back the cash bonus.
• Schwab reserves the right to change the offer terms or terminate the offer at any time without notice. The offer does not apply to accounts managed by independent investment advisors, the Schwab Global Account™, ERISA-covered retirement plans, certain tax-qualified retirement plans and accounts, or education savings accounts. The offer is not transferable, saleable, or valid in conjunction with other offers and is available to U.S. residents only. Employees, contractors, or persons similarly associated with Schwab or a Schwab affiliate; their spouses; and employees of any securities regulatory organization or exchange are not eligible. Other restrictions may apply.
• Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt before enrolling. Any related taxes are your responsibility. For taxable accounts, the cash bonus will be reported on your Form 1099-INT. IRS guidance may impact your ability to make more than one IRA-to-IRA rollover in a one-year period.

Charles Schwab $1,000 Referral Bonus

• What you’ll get: $500 Referral Bonus
• Eligible account: Brokerage
• Availability: Nationwide
• How to earn it:
  • Become a Schwab client. Call us between the hours of 8:30 a.m. – 8:00 p.m. EST to enroll in this offer.
  • Call 800-398-8640 to enroll.
  • Fund your account. Make a qualifying net deposit of cash or securities within 45 days.
  • Get up to $1,000. Make a qualifying net deposit of cash or securities within 45 days of opening the account. We’ll deposit the Bonus Award into your account about a week after the 45 day period.

(Limited time offer)

Fine Print

• New clients who do not have a Charles Schwab & Co., Inc. (“Schwab”) account (other than a Stock Plan Services account), open an eligible retail brokerage account, and enroll in the offer can earn a Bonus Award.
• The Bonus Award will be credited to the enrolled account within approximately one month of account open.
• For taxable accounts, the account must be maintained at Schwab for at least one year or Schwab may charge back the Bonus Award.
• Schwab reserves the right to change the offer terms or terminate the offer at any time without notice.
• The offer is limited to one per account, with no more than one account enrolled per client.
• The offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only.
• For taxable accounts, the amount of the Bonus Award will be reported on your Form 1099-INT.
• Recent IRS guidance may impact your ability to make more than one IRA to IRA rollover in a one-year period.

Charles Schwab 500 Commission-Free Online Trades

• What you’ll get:  500 Commission-Free Online Trades
• Eligible account: Brokerage, IRA, Trust
• Availability: Nationwide
• How to earn it:
  • Enroll and make a qualifying net deposit of $100,000 (cash or securities) in your account to earn 500 commission-free online trades.*
  • Qualifying net deposit must be made within 45 days of enrollment in the offer. Your awarded trades will be credited to the enrolled account about a week after we confirm your qualifying net deposit. Offer available for new and existing Schwab clients.

*Schwab does not charge online commissions for listed stock, ETF, and base options trades. Free trades will apply to U.S. over-the counter securities, as well as Canadian stock transactions, and options per contract fees for up to 20 contracts per trade. Only brokerage accounts, IRAs and trust accounts are eligible.

(Limited time offer)

Fine Print

• 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.
• Net deposits are assets deposited into the enrolled account minus assets withdrawn from the account and transferred out of Schwab.
• Only assets new to Schwab qualify; assets transferred from affiliates other than Schwab Retirement Plan Services are excluded.
• The trades will be credited to the enrolled account within approximately one week of confirmation of your qualifying net deposit.
• Trades apply only to base equity, exchange-traded fund (ETF), and options commissions and options per-contract fees up to 20 contracts per trade (standard per-contract fees apply for additional contracts).
• Both U.S. exchange-listed (NMS) and U.S. over-the counter securities are included, as well as Canadian stock transactions.
• Foreign transaction, exchange, and regulatory fees still apply.
• Only trades placed through Schwab.com, Schwab trading platforms, and Schwab Mobile are eligible. See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules.
• Trades will expire 730 days after being credited to your account and will not be applied to previously executed trades.
• No credit will be given for unexecuted trades.

Conclusion

With a new Charles Schwab Brokerage Account, you will be able to take advantage of generous bonuses. Simply meet the deposit requirement and you will receive the best banking experience Charles Schwab has to offer!

However, if you are not currently interested, I recommend you check out our updated list of Brokerage Bonuses and Best Robo-Advisors for any of your investment inquiries!