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Charles Schwab Bank vs USAA Bank

Charles Schwab Bank is a popular brokerage with a free checking account that refunds ATM fees. How does it compare to USAA Bank? Read our comparison chart below.

 

Charles Schwab Bank

USAA Bank

SPECIAL OFFER
High Yield Investor Checking – Unlimited ATM Rebates - Learn More

Read Charles Schwab Bank Review

SPECIAL OFFER
6-Month CD - 2.75% APY - Learn More

Read USAA Bank Review

 

Benefits and Features

Savings
0.15% APY
 
CDOffers brokered CDs from other banks. Minimum deposit of $1,000. 
ATMsUnlimited ATM fee rebates when used with ATMs with the Visa, Interlink logo. Available worldwide.100,000+ USAA and USAA-preferred ATMs
Customer Service24/7 Live Customer Service (Telephone and Chat)
  • Monday to Friday 8:00AM - 7:00PM (ET)
  • Saturday & Sunday 9:30AM - 2:00PM (ET)
Locations345 branches across the country. You may also open an account online.5 financial centers in Colorado, New York, Maryland, and San Antonio
 

CreditDonkey® Reviews

SavingsStarStarStarStarEmpty StarStarStarHalf StarEmpty StarEmpty Star
CheckingStarStarStarStarEmpty Star
Mobile AppStarStarStarStarEmpty StarStarStarStarStarHalf Star
Customer ServiceStarStarStarStarHalf StarStarStarStarEmpty StarEmpty Star
FeesStarStarStarHalf StarEmpty Star
Pros & ConsPros:
  • No account minimum
  • No service fees
  • Refund all ATM fees
Cons:
  • Only checking or savings
  • Must do banking online
Pros:
  • $0 monthly fees
  • Free bank card
Cons:
  • Low APY
  • Not available for all
Bottom LinePopular brokerage with a free checking account that refunds ATM fees... Read full reviewSavings account with low rate and limited availability... 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 12/06/2024.

USAA Bank: Pricing information from published website as of 11/26/2024.

Which is Better: Charles Schwab Bank or USAA Bank?

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 Chase.

In short: Charles Schwab Bank's savings and customer service are notable.


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 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.

Articles on USAA Bank

USAA Routing Number

USAA only has one routing number: 314074269. Learn what you need it for and other ways to transfer money.

USAA Savings Account Interest Rate

Looking to open a savings account with USAA Federal Savings Bank? Read on to learn what rates are being offered.

USAA High Yield Savings

USAA Bank boasts a savings account with an adequate rate and no fees. But you may not be eligible to get it. Read on to find out.

Which Do You Think is Best?


Which Bank Account is Right for You?


About CreditDonkey
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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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