Charles Schwab Promotions

Read our in-depth review of Charles Schwab to see why Charles Schwab scored 4.2 stars out of 5. We like their vast selection of commission-free etfs and mutual funds, 2 platforms (one for beginners and one for advanced traders), and 24/7 customer service including online chat.

If you're looking for brokerage promotions, you must check out these offers.

$0 Commissions on Online Stock, ETF, and Options Trades

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500 Commission-Free Online and Options Trades

Offer is available for new and existing Schwab clients. Clients must make a qualifying net deposit of $100,000 into their Charles Schwab & Co. retail brokerage account within 45 days of enrollment in the offer. This offer is limited to one account per client. Trades will expire 730 days after credited to account.

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Get Up to $3,500 Cash Bonus

Get Cash Bonus

Expires 3/31/2020

New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus.

Get up to 1 Year Managed Free

Get Started

New Betterment customers only. Accounts must be funded within 45 days of signup. Terms apply.

Charles Schwab Offers You May Have Missed

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Free 2 Ski Lift Tickets and $300 North Face Gift Card

Make a qualifying net deposit of $250,000 into Charles Schwab & Co., Inc. brokerage account to get two lift ticket vouchers redeemable at any participating ski resort and $300 North Face gift card. Qualifying net deposit must be made within 30 days of enrollment in the offer. Qualifying net deposit must be maintained in Schwab acount for at least one year. This offer is limited to one per client.

Go to Charles Schwab Website

Expired 3/31/2019

Free 4 Ski Lift Tickets and $300 North Face Gift Card

Make a qualifying net deposit of $500,000 into Charles Schwab & Co., Inc brokerage account to get four lift ticket vouchers redeemable at any participating ski resort and $300 North Face gift card. Qualifying net deposit must be made within 30 days of enrollment in the offer. Qualifying net deposit must be maintained in Schwab account for at least one year. This offer is limited to one per client.

Go to Charles Schwab Website

Expired 3/31/2019

What Charles Schwab Offers

Charles Schwab offers a full range of banking and investment products.

Deposit Products:
Charles Schwab only offers a checking and savings account for their banking products. Both have no minimum balance requirements, and no fee to open or maintain. Both offer a higher APY than other large national banks.

High Yield Investor Checking: This checking account is linked with the Schwab One brokerage account. You must also open the brokerage account, though you don't have to use it. All ATM fees worldwide are refunded at the end of each month. There is no foreign transaction fee.
High Yield Investor Savings: The savings account earns a higher APY than the checking account.

Investment Accounts:
All trade accounts have no opening or maintenance fees.

Brokerage Accounts: Trade in stocks, options, mutual funds, ETFs, futures, bonds, fixed income, and more.
Retirement Accounts: You can open a Traditional IRA, Roth IRA, or Rollover IRA.
Schwab Intelligent Portfolios: Want to invest hands off? Schwab Intelligent Portfolios is a robo-advisor with completely free management. Minimum to invest is $5,000.
Trust, Estate, and Charitable accounts
529 College Savings Plan and Education Savings Plan
Custodial Account

Opening a New Schwab Account

To open a new brokerage account, you will need:

Your Social Security Number
Driver's license number
Employer information (if applicable)
Statement information for assets or cash you may want to transfer.

How much are trades on Charles Schwab?
Trades start at $0 per trade. Commissions and fees are as follows:

U.S. Stocks & ETFs: $0
Options: $0 + $0.65 per contract
Mutual Funds: $0 for Schwab Funds and thousand of other funds through Schwab Mutual Fund OneSource; $49.95 per purchase for all other funds
Futures: $1.50 per contract

Is Charles Schwab a good brokerage? Charles Schwab is one of the oldest names in the world of investing. With low fees, a wide product offering, no account maintenance fees, and 24/7 specialized support, it's a great brokerage for both experienced investors and newbies.

Did you know: The Schwab One Brokerage Account is Charles Schwab's most popular investment account. Features include:

No fee to open or maintain the account.
$0 commission on U.S. stock trades
24/7 customer service by phone, or in-person at more than 300 branches.
Add the Schwab Trading Services account option at no extra cost, and get customizable trading platforms, education resources, and 24/7 support from dedicated trading specialists. No trade minimum required.

Charles Schwab Deals to Watch Out For

Golf promotion: During the summer months, Charles Schwab offers rounds of golf when you deposit a qualifying amount into a Schwab taxable brokerage account. A list of participating courses can be found here
Ski promotion: During ski season (typically October through March), Charles Schwab offers ski lift vouchers when you deposit a qualifying amount into a Schwab taxable brokerage account. These vouchers are available at any participating ski resort.

In-Depth Review

Highlights

Stock Trading
$0 commission on U.S. stocks and ETFs

Read: How to Invest in the Stock Market

Compare: Charles Schwab vs Ally Invest

Options Trading
$0 + $0.65 per contract

Read: How to Trade Options

Compare: Charles Schwab vs TD Ameritrade

Minimum Deposit
$0

Compare: Charles Schwab vs Betterment

Commission Free ETFs
2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSource™.

Mutual Fund Trading
$0 for no-transaction-fee funds $49.95 for all other funds

Broker Assisted Trades
$25.00 service charge

Customer Service
24/7

Inactivity Fee
None

Maintenance Fee
$0

Banking
Yes

Desktop App
Yes

Mobile App
Yes

Futures Trading
$1.50 per contract

Locations
300 locations

Online Community
Yes

Seminars
Yes

Virtual Trading
No

Pricing information from published websites as of 1/29/2020.

	Charles Schwab	Fidelity
	Benefits and Features
Stock Trading	$0 commission on U.S. stocks and ETFs	$0 per trade
Options Trading	$0 + $0.65 per contract	$0 per online trade, plus $0.65 per contract
Minimum Deposit	$0	$0
Mutual Fund Trading	$0 for no-transaction-fee funds $49.95 for all other funds	$0 transaction fee for Fidelity funds $0 on purchase for NTF (no transaction fee) non-Fidelity funds. ($49.95 on redemption if held less than 60 days) $49.95 on purchase for non-Fidelity funds; $0 on redemption. (Certain funds may have a $75 transaction fee).
Commission Free ETFs	2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSource™.	357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs
Broker Assisted Trades	$25.00 service charge	$32.95 per trade for representative-assisted trades.
Customer Service	24/7	(800) 343-3548
Inactivity Fee	None	$0
Maintenance Fee	$0	$0 account service fee
Banking	Yes	Fidelity Cash Management Account includes reimbursed ATM fees, no monthly fee, no minimum balance requirement, FDIC insurance, mobile check deposit, free billpay and free checkwriting.
Mobile App	Yes
Desktop App	Yes	Active Trader Pro (requires you trade 36 times or more in a rolling 12 month period)
Futures Trading	$1.50 per contract
Locations	300 locations	More than 180
Online Community	Yes
Seminars	Yes
Virtual Trading	No
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: Pricing information from published websites as of 1/29/2020. Fidelity: Pricing information from published website as of 1/29/2020.

Free 4 Ski Lift Tickets and $300 North Face Gift Card

Make a qualifying net deposit of $500,000 or more into Charles Schwab & Co., Inc brokerage account to get four lift ticket vouchers redeemable at any participating ski resort and $300 North Face gift card. Qualifying net deposit must be made within 30 days of enrollment in the offer. Qualifying net deposit must be maintained in Schwab account for at least one year. This offer is limited to one per client.

Get Deal

Expires 3/31/2020

Free 4 Ski Lift Tickets

Make a qualifying net deposit of $250,000 - $499,000 into taxable retail Charles Schwab & Co., Inc. brokerage account to get four lift ticket vouchers redeemable at any participating ski resort. Qualifying net deposit must be made within 30 days of enrollment in the offer. Qualifying net deposit amount must be maintained in Schwab account for at least one year. This offer is limited to one per client.

Get Deal

Expires 3/20/2020

Free 2 Ski Lift Tickets

Make a qualifying net deposit of $100,000 - $249,999 into taxable retail Charles Schwab & Co., Inc. brokerage account to get two lift ticket vouchers redeemable at any participating ski resort. Qualifying net deposit must be made within 30 days of enrollment in the offer. Qualifying net deposit amount must be maintained in Schwab account for at least one year. This offer is limited to one per client.

Get Deal

Expires 3/31/2020

Stock Plan Services: Earn $500 Bonus

Get $500 by adding cash or securities to your current investment account or by opening a new high-yield checking or IRA in Charles Schwab. Use promo code SchwabAward11. Make a qualifying net deposit of $100,000 or more within 45 days of enrollment in the promotion. This offer is for Stock Plan Services participants only.

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Stock Plan Services: Earn 300 Bonus

Get $300 by adding cash or securities to your current investment account or by opening a new high-yield checking or IRA in Charles Schwab. Use promo code SchwabAward11. Make a qualifying net deposit of $50,000 - $99,999 within 45 days of enrollment in the promotion. This offer is for Stock Plan Services participants only.

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Stock Plan Services: Earn $200 Bonus

Get $200 by adding cash or securities to your current investment account or by opening a new high-yield checking or IRA in Charles Schwab. Use promo code SchwabAward11. Make a qualifying net deposit of $25,000 - $49,999 within 45 days of enrollment in the promotion. This offer is for Stock Plan Services participants only.

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Stock Plan Services: Earn $100 Bonus

Get $100 by adding cash or securities to your current investment account or by opening a new high-yield checking or IRA in Charles Schwab. Use promo code SchwabAward11. Make a qualifying net deposit of $10,000 - $24,999 within 45 days of enrollment in the promotion. This offer is for Stock Plan Services participants only.

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Charles Schwab Alternatives

Commission-Free Trading - Online Stock, ETF and Option Trades

Applies to U.S. exchange-listed stocks, ETFs, and options. A $0.65 per contract fee applies for options trades, with no exercise or assignment fees.

Get Deal

Get up to 1 Year Managed Free

Get Started

New Betterment customers only. Accounts must be funded within 45 days of signup. Terms apply.

Get Up to $3,500 Cash Bonus

Get Cash Bonus

Expires 3/31/2020

New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus.

Get Started with Personal Capital

Articles on Charles Schwab

Charles Schwab

Charles Schwab is one of the oldest names in the world of investing. With low fees, no account minimums, and robust research tools, it's a good brokerage for all levels of investors.

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