Schwab Bank Investor Checking Reviews

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Primary checking account for over 20 years, and no local bank or credit union has ever matched its fee-free benefits or customer service.

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Twenty years of use from Thailand with very few issues, no fees, and customer service described as far and away the best of any bank they have dealt with.

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Opening checking alongside an existing brokerage requires no minimum balance and sends out checks and a debit card right after a 100 initial deposit.

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Used as the go-to debit card on every international trip, and as a way to avoid out-of-network ATM fees instead of driving to the credit union ATM.

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Refunds all ATM fees with zero foreign transaction fees for international travel.

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Held the checking account since 2001 and only rarely had cash to deposit, handling it once with a money order.

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Calls Investor Checking one of the best checking accounts available and says Schwab's customer service can't be beaten.

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Likes Schwab for banking, citing ATM fee reimbursements, no foreign exchange fee on the card and great customer service.

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Five years as the primary bank, with early doubts about the interface fading since it holds money without fees and offers basic Zelle and ATM access.

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Works great with some of the best customer service they have experienced, plus ATM fee reimbursement when pulling cash in Europe each year; a second bank with branches handles cash deposits.

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Opened after moving abroad and works well: easy transfers to their Schwab brokerage and IRA, no ATM fees or minimum balance requirement, and a simple account for holding USD.

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A few months in, it's easily one of the best checking accounts available.

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Used as their primary checking account, with a good local credit union account kept as a rarely used backup.

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Schwab has been their only bank for years, with separate debit cards for each spouse on the same account, and cash withdrawals on Las Vegas casino trips go through with zero issue.

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Works without a hitch for pulling cash overseas and reimburses ATM fees.

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Uses Schwab and Fidelity mainly for their debit cards, which reimburse ATM fees at most machines.

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Calls the debit card great for cash abroad since Schwab refunds ATM fees at month end.

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Found Schwab chat very helpful and the debit card excellent for international use, transferring from the brokerage with no issue.

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Received a domestic wire into Schwab Bank checking, finding the instructions easy, the transfer fast and no Schwab fees.

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Used the Investor Checking debit card overseas to withdraw cash without fees and got refunds when charged.

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Schwab confirmed an unexpectedly high fee charged by a private ATM and said it refunds such fees.

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Turned off overdraft protection between Schwab checking and brokerage by calling Schwab Bank customer service, finding it very quick and easy.

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Keeps Schwab checking for its international debit card with unlimited ATM rebates, though now prefers Fidelity's equivalent and higher yields.

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Has used Schwab checking as their main account for 15 years and calls its Bill Pay amazing, with predictable arrival dates for checks.

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Redeeming SNSXX money market shares in the linked brokerage settles the next business day and transfers cleanly into checking to cover monthly bills.

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Withdrew a tiny amount abroad with the debit card and had the ATM fee reimbursed.

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Separate from the brokerage account and makes moving funds in and out via wire transfer very convenient.

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Functions as a true bank checking account with fewer deposit holds and smoother frequent money movement than a Fidelity Cash Management Account.

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Uses Schwab for checking because it is free and reimburses ATM fees worldwide.

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Added checking to an existing brokerage by emailing a PDF form; it was enabled the next day, with the debit card in about four days.

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Linked a Vanguard brokerage to Schwab Bank by starting on the Vanguard side; it took about a week to verify with no problems.

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Called a game changer because money is moved automatically from the brokerage account to checking when bill pay needs it.

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Asked via secure message to stop overdrafts pulling from the brokerage and Schwab fixed it.

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Says Schwab reimburses the ATM fees incurred when traveling internationally.

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Uses Schwab as primary checking and has never had a glitch.

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Has used the account for years with no issues as primary checking, including direct deposit.