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Charles Schwab Promotions of 2025

Review Updated
Brendan Byrnes
Nathan Alderman
Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation.

When you're managing your finances, every little bit counts. Brokerage promotions and bonus offers can help boost your portfolio with very little effort. If you're interested in Charles Schwab promotions, keep reading -- we'll break down the current offers and how they compare to competitors below.

New account bonus: Schwab Starter Kit™

Charles Schwab
Learn More for Charles Schwab

On Charles Schwab's Secure Website.

Our Rating:

4.5/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Bottom Line

Charles Schwab pioneered the low-cost brokerage model decades ago, and that legacy continues with its lineup of no-commission-fee offerings. The robust lineup of account types, investment vehicles, and high quality app round out the stacked feature set.

Fees:

$0 stock, ETF, and Schwab Mutual Fund OneSource® trades. No fees to buy fractional shares.

Account Minimum:

$0

Learn More for Charles Schwab

On Charles Schwab's Secure Website.

The bonus: If you're new to Charles Schwab, you can jump-start your investing journey with $50 worth of Schwab Stock Slices™. Just open a Schwab account and deposit at least $50, and you'll earn an easy way to buy fractional shares of the top five stocks by market cap in the S&P 500.

How to earn it:

What you need to know: Schwab is giving new customers who meet certain requirements $50 worth of stocks. This $50 will be split equally between the top five stocks in the S&P 500 -- a great start to any investing adventure. The shares are fractional shares, which Schwab calls "stock slices." Only new customers opening individual brokerage accounts are eligible, so you can only get it once.

Great bonus for beginners

You don't have to deposit much to earn this bonus, making it perfect for new investors.

Charles Schwab referral bonus: Refer a friend

The bonus: Snag a bonus of between $100 and $1,000 by joining Schwab through a friend's referral and depositing at least $25,000.

How to earn it:

  • Ask a Schwab-savvy friend for their referral code.
  • Open a qualifying Schwab account.
  • Within 45 days, transfer at least $25,000 into the account.
  • Enjoy your bonus!

What you need to know: Like the new account promotion, you can only earn this bonus if you're new to Schwab. Additionally, the bonus you get depends on the amount of cash you deposit in your account. Here are the bonus tiers:

Net Deposit Bonus
$25,000 - $49,999 $100
$50,000 - $99,999 $300
$100,000 - $499,999 $500
$500,000 or more $1000
Data source: Charles Schwab

Not every Schwab brokerage account is eligible, so be sure to read the fine print before opening your account.

How do Charles Schwab promotions compare to competitors?

If brokerages competed in the Olympics, Charles Schwab's new account bonus would take home at least one medal. Schwab matches your minimum $50 investment with $50 in fractional shares of top S&P 500 stocks. Most brokerage bonuses require much larger deposits just to earn a similar payout.

Schwab's referral bonus is also pretty solid, but not exactly a standout winner. Many brokerages offer similar bonuses without requiring a referral code. If you're interested in investing at least $25,000, shop around before deciding which brokerage you'll call home.

Open an account today to start investing with a reliable brokerage and take advantage of Charles Schwab's new account bonuses.

Alternatives to Consider

We recommend comparing brokerage options to ensure the account you're selecting is the best fit for you. To make your search easier, here's a short list of our best trading platforms of 2025.

Broker Best For Commissions Learn More
Logo for SoFi Active Investing
4.5/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Managing your finances under one roof $0 for stocks, $0 for options contracts
Learn More for SoFi Active Investing

On SoFi Active Investing's Secure Website.

Logo for Charles Schwab
4.5/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
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Low-cost investing with a full-featured platform $0 stock, ETF, and Schwab Mutual Fund OneSource® trades. No fees to buy fractional shares.
Learn More for Charles Schwab

On Charles Schwab's Secure Website.

Logo for Fidelity
5.0/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Full-service investing at every experience level $0 commission for online U.S. stock and ETFs*. No account fees****.
Learn More for Fidelity

On Fidelity's Secure Website.

At Motley Fool Money, brokerages are rated on a scale of one to five stars. We primarily focus on fees, available assets, and user experience; however, we also take into account features like research, education, tax-loss harvesting, and customer service. Our highest-rated brokerages generally include low fees, a diverse range of assets and account types, and useful platform features.

Our aim is to maintain a balanced best-of list featuring top-scoring brokerages from reputable brands. Ordering within lists is influenced by advertiser compensation, including featured placements at the top of a given list, but our product recommendations are NEVER influenced by advertisers. Learn more about how Motley Fool Money rates brokerage accounts.

At Motley Fool Money, brokerages are rated on a scale of one to five stars. We primarily focus on fees, available assets, and user experience; however, we also take into account features like research, education, tax-loss harvesting, and customer service. Our highest-rated brokerages generally include low fees, a diverse range of assets and account types, and useful platform features.

Our aim is to maintain a balanced best-of list featuring top-scoring brokerages from reputable brands. Ordering within lists is influenced by advertiser compensation, including featured placements at the top of a given list, but our product recommendations are NEVER influenced by advertisers. Learn more about how Motley Fool Money rates brokerage accounts.

FAQs

  • Generally, no. Schwab promotions are available to new customers opening specific types of brokerage accounts.

  • The time to receive a bonus depends on the promotion. Some are awarded days after you meet eligibility requirements, while others can take up to two months.