Schwab Bank Visa® Platinum Debit Card

For People with
Fair Credit



When you apply for a high yield investor checking account with Charles Schwab Bank, you’ll get a Schwab Bank Visa® Platinum Debit Card that’s fee-free. Your account is FDIC insured up to $250,000.

Your Charles Schwab Visa debit card offers fee rebates for unlimited ATM withdrawals and foreign transaction fees. Every month your account will be rebated any ATM fees you incurred.

Along with no ATM fees, your Schwab debit card comes with some valuable Visa benefits that you might normally find on a credit card, such as Travel Accident Insurance, Warranty Protection, Price Protection, and more.

When you open a Schwab checking account, you’ll also be opening a Schwab One® brokerage account at the same time. You’ll get separate account numbers and you can transfer funds between accounts for free. You won’t be required to pay a monthly fee or maintain a minimum balance for your brokerage account.

The Schwab Visa debit card has no annual fee and no minimum balance is required. You’ll get a .40% APY on your Schwab account balance.

Card Quick Facts

Card Quick Facts

  • Pay your bills for free on and the mobile app
  • Free standard checks
  • No minimum balance required
  • No foreign transaction fees
  • No monthly fees
  • ATM fees get a full rebate every month
  • FDIC insured up to $250,000
  • .40% APY on your account balance
  • Linked to a Schwab One® Brokerage Account

For People with
Fair Credit



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Card Details



This card does not offer rewards.
Card Stats

Card Stats

Annual Fee $0
Additional Cards Annual Fee -
Regular Purchase APR -
Intro Purchase APR -
Foreign Transaction Fee None
Chip Technology Chip-and-PIN
Minimum Credit Limit -
Maximum Credit Limit -
Free Credit Score No
Penalty APR None
Late Fee -
Returned Payment Fee -
Balance Transfers

Balance Transfers

Intro Balance Transfer APR -
Regular Balance Transfer APR -
Balance Transfer Fee -
Cash Advances

Cash Advances

Cash Advance APR -
Cash Advance Fee -

Card Benefits

Check your card’s Guide to Benefits to learn the specific benefits your card offers and how to access them.

  • Visa Checkout

    Skip the forms online and store your card details and address to checkout everywhere you see the Visa Checkout button.

  • Schwab Security Guarantee

    Your card account will be monitored 24/7 for suspicious activity, and you won’t be held responsible for fraudulent charges.

  • Extended Warranty Protection

    Your card extends the time period for U.S. manufacturer’s warranties by an additional year, on eligible warranties of three years or less.

  • Price Protection

    If the item you bought with your Visa card appears in a print advertisement at a lower price, you may be able to be reimbursed for the difference.

  • Travel Accident Insurance

    You’re eligible to receive accidental death or dismemberment coverage when traveling by common carrier.

  • Travel and Emergency Assistance

    Call for legal and medical referrals, or other travel and emergency assistance. (You will be responsible for the cost of any goods or services obtained.)

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