Charles Schwab Schwab One® $500 Bonus

Charles Schwab : Schwab One®
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Bonus Requirements
  1. Open a new Schwab investment account using a referral link.
  2. Within 45 days, deposit $100,000 in cash or securities.
Other Details
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If you're not currently a Schwab customer, you can open any investment account and earn a referral bonus based on your net deposit within 45 days. This includes retail brokerage accounts, individual retirement accounts, or the managed portfolios like Schwab Intelligent Portfolios®.

Keep in mind that the link above is only for details – you will need to open the account through a referral link from an existing Schwab customer in order to qualify for the promo.

How To Earn The Bonus

The Charles Schwab Schwab One® promotion requires you to deposit and maintain a minimum balance and use a referral link in order to earn the $500 bonus. Full requirements to receive this bonus are:

  1. Open a new Schwab investment account using a referral link.
  2. Within 45 days, deposit $100,000 in cash or securities.

The fine print

  • Any Schwab retail brokerage acount, IRA or Schwab-sponsored investment advisory programs count. The Schwab Bank High Yield Investor Checking does not qualify.
  • Only available to those who do not currently have a Schwab account.
  • Deposits must be from accounts outside of Schwab.
  • The funded amount will be calculated on the 45th day after enrollment as a net calculation of new deposits into the account minus any assets withdrawn from the account. After the 45-day period, the bonus will be credited to the account within one week.
  • For taxable accounts, you must maintain the net deposit amount at Schwab (minus market losses) for at least one year or you forfeit the bonus.

Why Charles Schwab?

Charles Schwab is one of the industry's top brokerages, catering to investors of all types. They offer a wide range of investment accounts, including tax-sheltered IRAs, taxable brokerages, automated and managed portfolios, trusts and charitable accounts. Under their Charles Schwab Bank umbrella, they also offer traditional banking products, including their High Yield Investor Checking account that you can link to your Schwab One brokerage account.

Investors that are just starting out appreciate the $0 account minimum. For active traders, the company offers $0 commissions for stock, options and ETF trades. Both camps will appreciate trading platforms that span desktop, web and mobile, and offer as many or as few tools as you're comfortable.

Schwab One®

No minimum balance, no monthly fees, $0 equity commissions, a wide variety of investment vehicles (IRAs, taxable accounts, guided portfolios), PLUS a bonus on top? No brainer.


Schwab One® does not charge a monthly fee.