Schwab Bank High Yield Investor Checking™ accounts are only available as linked accounts with Schwab One brokerage accounts. There are no minimum balance requirements or minimum balance charges in order to open the Schwab One brokerage account when you also open a linked Investor Checking account.

1. The Annual Percentage Yield (APY) on the Schwab Bank High Yield Investor Checking account, with a minimum balance of $0.01, is 2.01% as of June 27, 2008. This rate is variable and may change without notice. The current APY on the High Yield Checking account for an account with $1 is  4 times higher (when rounded to the nearest whole number) than the national average APY of banks and thrifts (excludes credit unions), based upon a survey by Informa Research Services, Inc., Calabasas, CA, (www.informars.com), as of June 27, 2008. Although the information has been obtained from the various institutions themselves, its accuracy cannot be guaranteed.
2. Unlimited ATM fee rebates apply to cash withdrawals using the Schwab Bank Visa® Platinum Check Card wherever it is accepted. ATM fee rebates do not include currency exchange fees; fees imposed by merchants for POS transactions; or fees for stamp purchases, balance inquiries, or any transactions other than an ATM cash withdrawal from your Schwab Bank account. Schwab Bank makes its best effort to identify those ATM fees eligible for rebate, based on information it receives from Visa and ATM operators. In the event that you have not received a rebate for a fee that you believe is eligible, please call a Schwab Bank Client Service Specialist for assistance at 888-403-9000. Schwab Bank reserves the right to modify or discontinue the ATM fee rebate at any time.
3. Funds deposited at Charles Schwab Bank are insured, in aggregate, up to $100,000 (based on account ownership type) by the Federal Deposit Insurance Corporation (FDIC).

Important details about The Charles Schwab Corporation:
The Charles Schwab Corporation (Charles Schwab) provides services to retirement and other benefit plans and participants through its separate but affiliated companies and subsidiaries, Schwab Retirement Plan Services, Inc.; The 401(k) Companies, Inc. and its subsidiaries; Charles Schwab Trust Company, a division of the Charles Schwab Bank; and Charles Schwab & Co., Inc. (Member SIPC). Charles Schwab also provides equity compensation plan services and other financial and retirement services to corporations and executives through Charles Schwab & Co., Inc. Deposit and lending products and services are offered by Charles Schwab Bank, member FDIC and an Equal Housing Lender.

Charles Schwab Bank and Charles Schwab & Co., Inc. are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Charles Schwab & Co., Inc., a registered broker-dealer and SIPC member, does not solicit, offer, endorse, negotiate or originate any mortgage loan products and is neither a licensed mortgage broker nor a licensed mortgage lender. All mortgage loans are offered and provided by Charles Schwab Bank, member FDIC and an Equal Housing Lender. Charles Schwab Bank is not acting or registered as a securities broker-dealer or investment advisor.

† Serviced through Schwab Retirement Plan Services, Inc.

Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Schwab Institutional is a division of Charles Schwab & Co., Inc. 

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