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Charles Schwab Bank vs Chase
Charles Schwab Bank is a popular brokerage with a free checking account that refunds ATM fees. How does it compare to Chase? Read our comparison chart below.
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.
While Chase is one of the biggest banks in the nation with more than 4,700 branches and over 15,000 ATMs. They offer a variety of banking, loans and investing services.
Compare Charles Schwab Bank with Chase, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Chase Savings: 0.01% APY. $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account, OR a linked Chase College Checking for Overdraft Protection, OR a linked qualifying Chase checking account, OR for owners under 18. $0 to open.
Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account.
CD
Offers brokered CDs from other banks. Minimum deposit of $1,000.
Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee.
Chase Premier Plus Checking: An interest-bearing account with some perks. $25 monthly service waived with an average beginning day balance of $15,000 OR a Chase mortgage with auto pay. $0 minimum balance to open.
Chase Sapphire Checking: A premium checking account for those with $75,000 or more on deposit with Chase. $0 minimum balance to open.
Chase College Checking: No monthly service fee for college students age 17-24 at account opening with proof of student status, for up to 5 years. $0 to open.
Chase Private Client Checking℠: For high net worth individuals who have $150,000 on deposit with Chase.
Mobile App
iOS & Android
ATMs
Unlimited ATM fee rebates when used with ATMs with the Visa, Interlink logo. Available worldwide.
15,000+ Chase ATMs
Customer Service
24/7 Live Customer Service (Telephone and Chat)
Automated service available 24/7
Locations
345 branches across the country. You may also open an account online.
Over 4,700
CreditDonkey® Reviews
Savings
Checking
Mobile App
Customer Service
CD
Pros & Cons
Pros:
No account minimum
No service fees
Refund all ATM fees
Cons:
Only checking or savings
Must do banking online
Pros:
More than 4,700 branches
New customer coupons
Full service banking
Cons:
Low savings rates
Not in all states
Bottom Line
Popular brokerage with a free checking account that refunds ATM fees... Read full review
National bank with good promotions for new customers... Read full review
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 07/30/2025.
Chase: Pricing information and data points from published website as of 08/26/2025.
Which is Better: Charles Schwab Bank or Chase?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Charles Schwab Bank or Bank of America.
In short: Charles Schwab Bank's savings is notable. Chase's mobile app is impressive.
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.
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.
Chase Business Complete Banking offers up to a $500 bonus for new customers with qualifying activities. Find out how to get this limited business checking promotion.
