Charles Schwab – Cashback, Rebates & Rewards
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Last Charles Schwab Reviews from Trustpilot

Always have live agents, always treated me well, no problems!

Schwab customer for more than a decade here. In general, no significant issues. It's easy to move money in and out without fees or long delays, unlike many other brokers. They also have their own bank (Schwab Bank), so your accounts have a Schwab routing number, unlike almost every other brokerage that uses custodial accounts at another bank and can create complications. No-transaction-fee mutual fund selection is quite good compared to other brokers. Overall fee burden is low. Some of the posters here don't know about "pattern day trader" rules, or clearing days for equity trades. While irritating, these rules apply to all brokers, so please learn about them before complaining about Schwab specifically. Schwab's margin rates are quite high, so would advise against using Schwab for that. Also, Schwab refuses to approve option trading on more than one non-IRA brokerage account, which is annoying and makes no sense.

I enjoy having experience with using this company. I feel much more comfortable with everything from my experience.

What a superb company to do business with. My father passed on in Dec and there was money in his Charles Schwab account for me to claim. Unlike many of his other accounts this firm made the transition as easy as could be. I simply had to mail in the death certificate, answer a few questions over the phone and that was that. His account was closed, all the monies transferred to my name and that was that. 6 of his other accounts are stressing me out running here and there looking for Medallion Signature gurantees and filling out tons of paperwork. Charles Schwab made an already overwhelmed and stressed out woman rest easier and as such I am maintaining my account with them, and shutting down all the rest.

I actually like Schwab a lot, and I feel more comfortable having my money there than almost anywhere else. They don't make much money off of me. For a while they were trying to get me to use their advisory services (cha-ching!), but after I asked them to stop, they did. So I've been a customer for years, and will be for the foreseeable future. Having said that, I find it stunning that there is even a single employee of Schwab who doesn't know what a rate of return is. My Portfolio Performance page clearly shows an 80% total return from 2017 through 2022, but is labelled "Rate of return". If I had actually had a rate of return of 80% - that is, growing my portfolio by 80% on average every year - I'd be sipping a fruity drink on a beach somewhere.
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