Charles Schwab Bank

Built with you in mind.  

We think that your banking experience should work seamlessly with your investing experience. Let Schwab Bank help you on your financial journey with the products you want and the service you have come to expect.

Products and Services

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  • Schwab Bank Investor Checking™

  • Home Lending

  • Schwab Bank Pledged Asset Line®

Schwab Bank gives investors more ways to save.

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    Mortgage rate discounts for Schwab clients ⁷

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    Unlimited ATM fee rebates worldwide²

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    Free online and mobile bill pay

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    Competitive APY with our checking account

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    No application or set-up fees for Pledged Asset Lines

Ranked #1 Most Trusted Bank

The IBD Most Trusted Bank award was given to Charles Schwab Bank on September 25, 2023, and expires December 31, 2024. The criteria, evaluation, and ranking were determined by Investor's Business Daily. IBD's Criteria and Methodology. Schwab paid a licensing fee to York Graphic Services, LLC. for the use of the award and logos.

Highest in Customer Satisfaction with Checking Accounts for Direct Retail Banks 5 years in a row

Charles Schwab Bank received the highest score in the checking segment of the J.D. Power 2019–2023 U.S. Direct Banking Satisfaction Studies, which measures overall satisfaction with branchless banks. Visit for more details. The J.D. Power 2023 U.S. Direct Banking Satisfaction Study is independently conducted, and the participating firms do not pay to participate. Use of study results in promotional materials is subject to a license fee.

Community Development
At Charles Schwab Bank, we share your commitment to giving back to our communities. We demonstrate that commitment through a variety of community development efforts and activities that help serve the banking and credit needs of our entire community, including low- and moderate-income neighborhoods and individuals. Please visit the Citizenship page at to learn more about us.

The Home Mortgage Disclosure Act (HMDA) data about our residential mortgage lending is available online for review. The data shows geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. This data is available online at the Consumer Financial Protection Bureau's Web site ( HMDA data for many other financial institutions is also available at the Web site.

Additionally, the CRA regulations require that information on business, farm, and community development lending by insured depository institutions that meet certain asset thresholds, determined annually, be made available to the public. To enquire about our CRA Public File, please e-mail us at CRA Document Request

Have questions? We're here to help.