There are fantastic features of schwab that make it the best banking experience i've ever had. I have my checking/savings/brokerage/ira/401k all through schwab, and i never pay fees for atms, transfers, deposits, checks, etf trades, or annuals. There are no minimum balances, and you can start with only a brokerage/checking account.
In addition to the great features, i get immensely great service through the charles schwab mobile app for ipad and iphone where i can not only check on my accounts, but take pictures of checks for deposit (into any account i have) and do research for stocks, funds, and etfs. Plus, if i call with a question, or visit my branch with an appointment, i get helpful advice from certified financial planners that are intelligent, well mannered, and want to build a relationship with you to foster your growth.
Heck, i even get a quarterly magazine with great investment advice that i can also view on my ipad. This review may sound like i'm financially savvy, but i started using a simple schwab checking account while i was still in college, and as my career and wealth begins to grow, schwab has helped me along the way for over 6 years.
I had a brokerage account and a high yield checking account. I was using my ATM/Checking far too often (online shopping, traveling, etc---FYI: I never over drafted or bounced a check). But I decided to open a new checking account with them to better manage my finances for the holidays and the new year and close the current one. Guess what?
I was denied a new checking account due to something they perceived negative on my credit report. Not only was I denied a new checking account but they ended up closing my current one at random. I find it interesting that they kept the brokerage account alive and well. Point being, if you have good credit this bank may not be for you. I think they require excellent or near perfect credit. (yes, they do pull a hard inquiry on your credit when you attempt to open an account).
Stay Away! Horrible! You will be sorry if you bank Here! Just get ready to waste the most precious thing on this earth if you bank with Charles Schwab! TIme! Problems with Debit/CreditCard, Slow Updates, Customer Service cant do shit for you.Name it they can fuck it up.The Experience is just a plain Nightmare period!