Charles Schwab 4.25% checking account

April 28, 2007 – 3:28 pm

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The new account details are available right on the front page of CharlesSchwab.com

NOW EARN 4.25% APY

Everyone with a Schwab Bank Investor Checking™ account automatically earns 4.25% APY, regardless of your balance— 8 times higher than the national average.

WITH NO CATCHES

* No account minimums
* Free checks
* No monthly service charges
* Free bill pay
* No ATM fees
* FDIC insured

The account pays 0.25% more than an ING Direct’s Electric Orange checking at 4%.

  1. 2 Responses to “Charles Schwab 4.25% checking account”

  2. Just a math tip:
    0.25/4=0.0625

    So, Schwab’s online checking yields about 6.3% more interest, not 0.25%

    By Will Atkinson on Jun 4, 2007

  3. I think you misinterpreted what I meant.

    4% + 0.25% = 4.25%

    CS’s 4.25% rate yields 0.25% more than ING EO’s 4.00%

    By hejustlaughs on Jun 4, 2007

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