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American Express · personal · american express

Schwab Investor Card

A no-fee flat 1.5% cash-back card that auto-deposits rewards straight into your Schwab account — simple and hands-off for Schwab investors. Not a Membership Rewards card, and with a 2.7% foreign fee and modest rate it's a convenience play, not a rewards powerhouse.

Current public offer

$300 statement credit (offer ends 7/8/26) after $1,000 spend in 3 months — as of 2026-07-01 · source

Apply directly (no member link yet)

Fees & fine print

  • Annual fee: $0 (Requires an eligible Schwab brokerage account)
  • Intro APR: 0% for 6 months on purchases
  • Suggested credit: Good / Excellent (690+)

Earning

  • 1.5% cash back auto-deposited into a linked Schwab brokerage or IRA account

Informational only — not financial advice. Offers change; verify all terms with the issuer before applying.