Charles Schwab Bank vs USAA Bank
Charles Schwab Bank is a popular brokerage with a free checking account that refunds ATM fees. How does it compare to USAA Bank? Read our comparison chart below.
Charles Schwab Bank | USAA Bank | |
|---|---|---|
3-Month CD - Up to 4.01% APY - | 6-Month CD - 2.25% APY - | |
Benefits and Features | ||
| Savings | ||
| CD | Offers brokered CDs from other banks. Minimum deposit of $1,000. | 0.05% to 2.25% APY. Terms of 91 days to 7 years. Minimum deposit of $1,000 to open. |
| Checking | Classic Checking, Youth Spending | |
| Mobile App | ||
| ATMs | Unlimited ATM fee rebates when used with ATMs with the Visa, Interlink logo. Available worldwide. | 100,000+ USAA and USAA-preferred ATMs |
| Customer Service | 24/7 Live Customer Service (Telephone and Chat) |
|
| IRA CD | 0.01% APY. Terms of 182 days to 1 year. Minimum deposit of $250. | |
| Locations | 345 branches across the country. You may also open an account online. | 4 financial centers in Colorado, New York, Maryland, and Texas |
CreditDonkey® Reviews | ||
| Savings |   |  |
| Checking | | |
| Mobile App | | |
| Customer Service | | |
| Fees | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Popular brokerage with a free checking account that refunds ATM fees... | Savings account with low rate and limited availability... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Charles Schwab Bank: Pricing information from published website as of 10/18/2025. USAA Bank: Pricing information from published website as of 10/11/2025. | ||
Which is Better: Charles Schwab Bank or USAA Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Charles Schwab Bank or Bank of America.
In short: Charles Schwab Bank's savings and customer service are notable.
Articles on Charles Schwab Bank
Charles Schwab Bank Review
Charles Schwab is more than a brokerage. It also offers high yield checking and savings interest rates that might far surpass your local bank. Read on to learn the pros and cons.
Charles Schwab High Yield Savings
Charles Schwab Bank has a savings account with no fees and a free debit card. But how does its APY stack up against other accounts?
Charles Schwab Routing Number
You'll need the right routing number to transfer money in or out of your Charles Schwab bank account. Find yours and learn more about money transfers in our guide.
Articles on USAA Bank
USAA Routing Number
USAA only has one routing number: 314074269. Learn what you need it for and other ways to transfer money.
USAA Savings Account Interest Rate
Looking to open a savings account with USAA Federal Savings Bank? Read on to learn what rates are being offered.
USAA High Yield Savings
USAA Bank boasts a savings account with an adequate rate and no fees. But you may not be eligible to get it. Read on to find out.
Which Do You Think is Best?
Which Bank Account is Right for You?
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