Bluevine vs Charles Schwab Bank

Bluevine is a free account with interest for basic business checking needs. How does it compare to Charles Schwab Bank? Read our comparison chart below.

Bluevine offers one of the highest APYs on the market for its Business Checking account. You also get 5 free subaccounts, unlimited transactions, 2 free checkbooks a year, and additional users at no extra cost. There's no monthly fee.

While Charles Schwab Bank offers an Investor Checking account with unlimited ATM fee reimbursements worldwide and no foreign transaction fees. No minimum to open and no service fee. It is tied to a brokerage account but you don't have to use it.

Compare Bluevine with Charles Schwab Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

		Charles Schwab BankNovoChaseBank of AmericaWells Fargo
	Visit Site	Learn More
	Bluevine	Charles Schwab Bank
	SPECIAL OFFER Free Business Checking - Earn $300 Bonus - Learn More Read Bluevine Review	SPECIAL OFFER High Yield Investor Checking – Unlimited ATM Rebates - Learn More Read Charles Schwab Bank Review
	Benefits and Features
Savings	No savings account, but you add 5 free sub accounts	0.15% APY
CD		Offers brokered CDs from other banks. Minimum deposit of $1,000.
Checking	3.7% APY for Premier customers, 2.7% APY for Plus customers, 1.5% APY for Bluevine Standard tier customers. No monthly fees, no balance requirements, and no overdraft fees for Bluevine Standard
Monthly Fee	Standard tier: $0 per month Plus Tier: $30 per month (can be waived with $20k average daily balance and $2k debit card spend) Premier tier: $95 per month (can be waived with $100k average daily balance and $5k debit card spend)
APY	3.7% APY on balances up to $3M for Premier customers; 2.7% APY on balances up to $250,000 for Plus customers; 1.5% APY on balances up to $250,000 for Standard tier customers that meet monthly eligibility requirements
Minimum Deposit to Open	$0
ACH Transfer Fee	$0
ATMs	approximately 40,000 MoneyPass ATMs	Unlimited ATM fee rebates when used with ATMs with the Visa, Interlink logo. Available worldwide.
Balance Requirement	None
Cash Deposit Fee	$4.95 per deposit at Green Dot locations or $1 + 0.5% of the deposit amount at Allpoint+ ATMs
Customer Service	Phone and email: Monday - Friday. 8 am to 8 pm EST	24/7 Live Customer Service (Telephone and Chat)
Incoming Wire Transfer Fee	$0
Locations	Online only	345 branches across the country. You may also open an account online.
Out of Network ATM Fee	$2.50
Outgoing Wire Transfer Fee	$15 ($12 for Plus; $7.50 for Premier)
Overdraft Fee	$0
	CreditDonkey® Reviews
Checking
Fees
Mobile App
Customer Service
Savings
Pros & Cons	Pros: High interest rate $0 monthly fee Free checkbook Cons: Fees to deposit cash No physical branches	Pros: No account minimum No service fees Refund all ATM fees Cons: Only checking or savings Must do banking online
Bottom Line	Free account with interest for basic business checking needs... Read full review	Popular brokerage with a free checking account that refunds ATM fees... Read full review
	Visit Site	Learn More
	Free Business Checking - Earn $300 Bonus Free Business Checking - Up to 1.5% APY Premier Business Checking - Up to 3.7% APY	High Yield Investor Checking – Unlimited ATM Rebates 1-Year CD - Up to 4.35% APY 3-Month CD - Up to 4.27% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Charles Schwab Bank: Pricing information from published website as of 06/07/2025.

Free Business Checking - Earn $300 Bonus

Get Deal

Expires 12/31/2025

To earn the $300 bonus, customers must apply for a Bluevine Business Checking account anytime between now and 12/31/2025 using the referral code CD300.

After opening the account, customers must add funds within 30 days, then meet at least one of the following eligibility requirements every 30 days for the next 90 days from account funding:

• Deposit at least $5,000 from eligible merchant services to your Bluevine account OR
• Make at least $5,000 of outbound payroll payments from your Bluevine account using eligible payroll providers OR
• Spend at least $2,000 with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard®

Banking services provided by Coastal Community Bank, Member FDIC

Free Business Checking - Up to 1.5% APY

Get Deal

• 1.5% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
• $0 minimum opening deposit
• $0 monthly service fee

Banking services provided by Coastal Community Bank, Member FDIC

Free Business Checking - Up to 1.5% APY

Get Deal

• 1.5% APY on balances up to $250,000 for eligible customers
• Unlimited transactions
• Free unlimited invoicing and payment links
• 5 free subaccounts with unique account numbers
• 1 free checkbook for the life of the account
• $0 monthly service fee

Banking services provided by Coastal Community Bank, Member FDIC

Which is Better: Bluevine or Charles Schwab Bank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Bluevine or Novo.

In short: Charles Schwab Bank's customer service is notable.

Articles on Bluevine

Bluevine Business Checking Review

Bluevine offers free business checking with a high interest rate. But what's the catch? Is it right for your business? Read on for the full review.

• Bluevine vs Novo

Is Bluevine Safe and Legit

Bluevine provides banking products for small business owners in the digital age. But is it safe and legit? Read on to find out.

Bluevine Alternatives

Bluevine offers a high APY and no monthly fees. But it has limitations. Find out if one of these business checking alternatives is better for you instead.

Articles on Charles Schwab Bank

Charles Schwab Bank Review

Charles Schwab is more than a brokerage. It also offers high yield checking and savings interest rates that might far surpass your local bank. Read on to learn the pros and cons.

• Charles Schwab Bank vs Chase
• Charles Schwab Bank vs Bank of America
• Charles Schwab Bank vs Wells Fargo

Charles Schwab High Yield Savings

Charles Schwab Bank has a savings account with no fees and a free debit card. But how does its APY stack up against other accounts?

Charles Schwab Routing Number

You'll need the right routing number to transfer money in or out of your Charles Schwab bank account. Find yours and learn more about money transfers in our guide.

Which Do You Think is Best?