I made an account and was made to believe the application process was going smoothly, having my banking information confirmed and being able to log in to the website with my account credentials. Two days passed and I was unable to log in with no warning or notification as to why.
I had to ultimately contact customer service and found out they had decided to close my account, presumably because of one piece of negative information they found in my Equifax credit report.
If you have less than ideal credit like me, I'd recommend trying either Fidelity or TD Ameritrade. I've trialed both for a month now, and everything has been running smoothly with my banking information tied to both accounts and subsequent transfers made very easily. I've ultimately chosen to stick solely with Fidelity because of personal preference for their web and mobile interfaces.
Charles Schwab fraudulently concealed underlying act of fraud when they refused to report fraudulent account to authorities. They further concealed the underlying act of fraud when they reported the fraudulently used Ssn to the IRS resulting in the victim acquiring a 2.9 million dollar debt. Charles Schwab refuses to abide by a court order transferring the fraudulent account to the confessed felons Ssn. Charles Schwab made money on every illegal act felon committed. Charles Schwab aided and abetted felon in fleeing jurisdiction when they concealed the underlying act of fraud.
I've been with Charles Schwab Bank for about 5 months now. With the exception of my local community bank, I've never met a large corporation who goes out of their way for their clients. No ATM Fees anywhere in the world, reimbursement of other banks ATM Fees, and free checks. With all of these great benefits, they still offer an interest rate on their checking account.
Curious about the brokerage account, I called and asked how to begin investing. The broker who answered spent over 3 hours on the phone with me explaining the different investing options I had at my disposal. I started investing about 20% of my bi-weekly paychecks into mutual funds, and was very surprised to find the linked brokerage account had a plethora of fee-free funds I could trade with. So even with the constant trading and ATM using, Schwab has yet to charge me a fee.
Personable. I walked into my local branch during the pouring rain to deposit a check. Not only was the clerk greeting me and chatting about the local news, she worked diligently to process me out as quick as possible. As I was about to leave, she offered an umbrella to me. The Representative said, "we keep these here for when it rains, so our clients are able to walk wherever they need to go, without getting wet." Surprised and grateful, I took the umbrella and left.
What really impresses me, is I'm a young college student who has just started life. With less than $2,000 in the accounts, I've been treated like the most valuable customer.