"High Yield Investor Checking" from Charles Schwab Bank

The Basics

Minimum Opening Deposit $0.00
Monthly Maintenance Fee $0.00
Annual Percentage Yield (APY)
 
0.10%
The account earns 0.10% interest on balances over $0.01.

Debit Cards & Using ATMs

Debit Card $0.00/yr
ATM Fee Reimbursements
 
Yes
This account includes rebates of any ATM fees you incur when you use any non-affiliated ATM, including international ATMs.
Each rebate is credited to your account at the end of the month.
Non-affiliated ATM Usage Fee $0.00
International ATM Usage Fee Show Details
Charles Schwab will automatically rebate any foreign conversion charges from their debit card provider (in this case, Visa).

Electronic & Telephone Banking

Online Banking
 
Free
In addition to the standard online banking features, you may also transfer money to do accounts at other institutions using online banking.
Online Bill Pay Free
Mobile & Text Banking
 
Free
This institution supports:
- A mobile-browser website to view account balances, view recent activity, transfer funds;
- An iPhone application to view account balances, view recent activity, transfer funds;
- An Android application to view account balances, view recent activity, transfer funds.
Automated Phone Banking Free
Direct Connect for Quicken
 
Free
You can access your transaction history directly through Quicken, MS Money. There is no fee for this feature.

Checks & Statements

Unlimited Check Writing Yes
Free or Discounted Checks
 
Yes
Standard wallet and duplicate check styles are free.
Monthly Paper Statements Yes
Check Images with Statements Not Included
Online Statements Yes
Online Check Images Yes

Overdrawing the Account

Returned Item Fee
 
$25.00/per item
The Insufficient Funds Fee is $25.00 per overdraft.
Overdraft Protection
 
Available
Schwab offers no-fee overdraft protection transfers from savings account, brokerage account, or line of credit. Money is transferred to a zero balance.

Savings and Money Market Accounts

High Yield Investor Savings
 
No Fee
'High Yield Investor Savings' requires $0.00 to open and $0.00 to earn interest.
Current APY Information:
- 0.25% on all balances.

We suggest you also consider:

Banking starts over, here and now. We are Ally Financial, built on the foundation of GMAC, one of America's largest financial services providers with 12 million customers. And we believe that banking took a wrong turn somewhere between fees and penalties. So we're using our 90 years of experience to take banking in a new direction: Straightforward.
At Ally, we believe in the quaint concept that it's your money, not ours. That's why we offer rates that are amongst the most competitive, we never hide behind fine print and we give you 24/7 access to a real human. You can also depend on no monthly maintenance fees, no minimum balances or deposits, and no sneaky disclaimers. It's just the right thing to do. FDIC insured.
With origins dating back to the early 1960s, innovation, service and discipline are at the center of everything we do. And today we stand tall as one of the nation's strongest and healthiest banks. With a Yield Pledge® Checking Account, your rate will always be in the top 5% of competitive accounts offered by leading banks.
ING DIRECT exists to help you save your money.
We do business online, over the phone and by mail. The direct way. We're available to our Customers 24/7.
We have Electric Orange checking, an easy-to-use checking account that also pays a great interest rate. The Orange Savings Account lets you save with no fees, no minimums and a great rate. The Orange Mortgage has low closing costs, a simple, no-hassle application, and great rates that can save you thousands on your mortgage. And we've added ShareBuilder, an online brokerage designed to make investing easy and affordable for everyone.
This is the way banking should be. Simple, easy, ING DIRECT. Save your money.

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