USES

Schwab Investor from American Express® Review

Schwab Investor from American Express® — all information about the credit card.

Updated November 24, 2023
Advertiser Disclosure Our Methodology
Schwab Investor from American Express
Our Rating:
2.83 out of 5
scorer
Recommended credit score
Excellent (740-799)
  • Rewards Rate:
    • 1.5% Unlimited Cash Back automatically deposited into your eligible Schwab account for purchases made with your card.
  • Intro Offer:
    • $200 Card Statement Credit after spending $1,000 in purchases on your Schwab Investor Card® in the first 3 months of Card Membership.
  • Annual Fee:
    $0
  • Purchase Intro APR:
    0% Introductory APR for the first 6 months from the date of account opening
  • Regular APR:
    19.24% - 22.24% Variable
  • Balance Transfer APR:
    None
Show more

We recommend more cards

SavorOne Rewards Capital One
Capital One SavorOne Cash Rewards Credit Card
None
Annual Fee
19.99% - 29.99%
Regular APR
5%
Cash Back on hotels and rental cars booked through Capital One Travel.
Learn more
on our partner’s site
Quicksilver Capital One
Capital One Quicksilver Cash Rewards Credit Card
None
Annual Fee
19.99% - 29.99%
Regular APR
5%
Cash Back on hotels and rental cars booked through Capital One Travel.
Learn more
on our partner’s site
Upgrade Cash Rewards Visa®
Upgrade Cash Rewards Visa®
None
Annual Fee
14.99% - 29.99%
Regular APR
1.5%
Cash Back on payments.
Apply now
On Upgrade‘s website

American Express® Schwab Investor Rewards Calculator

How do you record your expenses?
Enter your monthly spendings on:
1.5%
All purchases
$
Have you already recieved the American Express® intro bonus?
How would you like to redeem points?
Calculate
Show less details

All benefits

  • Cash back
    • 1.5% Unlimited Cash Back automatically deposited into your eligible Schwab account for purchases made with your card.

Rate and fee information

  • Purchase Intro APR
    • 0% Introductory APR for the first 6 months from the date of account opening
  • Purchase APR
    • 19.24% - 22.24% Variable
  • Intro Balance Transfer APR
    • None
  • Balance Transfers APR
    • None
  • APR for Cash Advances
    • 29.99% Variable
  • How to Avoid Paying Interest
    • Your due date is at least 25 days after the close of each billing period. You won't be charged interest on purchases if you pay each month your entire balance (or if you have a plan outstanding, your balance adjusted for plans) by the due date.

Fees

  • Annual Fee
    • $0
  • Fees for Cash Advances
    • Either $10 or 5% of the amount of each cash advance, whichever is greater
  • Penalty Fees
    • 29.99%
  • Return Payment
    • Up to $40
  • Late Payment
    • Up to $40
View all Rates & Fees

Pros & Cons

Pros:
  • No annual fee
  • 0% APR introductory APR
Cons:
  • The Card is only available to clients who maintain an eligible Schwab account
  • Foreign Transaction Fee

Features

Classic
American Express
  • No Annual Fee
  • Fraud Protection
  • Rewards
  • Excellent Credit

About the issuer

American Express®
American Express® has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your

Compare with other cards

Low income
Upgrade Triple Cash Rewards Visa® Upgrade
Upgrade Triple Cash Rewards Visa®
4.06 out of 5
Recommended credit score
score
Good to Excellent (670-799)
  • None
    Annual Fee
  • 14.99% - 29.99%
    Regular APR
  • 3%
    Cash Back on Home, Auto and Health categories.
  • None
    Purchase Intro APR
Apply now
On Upgrade‘s website
Capital One Spark Cash Select for Excellent Credit
Capital One Spark Cash Select for Excellent Credit
5 out of 5
Recommended credit score
score
Excellent (740-799)
  • None
    Annual Fee
  • 18.49% - 24.49%
    Regular APR
  • 5%
    Cash Back on hotels and rental cars booked through Capital One Travel.
  • None
    Purchase Intro APR
Learn more
on our partner’s site
Divvy Cross River Bank
Divvy
Cross River Bank
4.04 out of 5
Recommended credit score
score
Fair to Excellent (580-799)
  • None
    Annual Fee
  • None
    Regular APR
  • 2x - 7x:
    Points on restaurants.
  • None
    Purchase Intro APR
Apply now
On Cross River Bank‘s site

See Another Credit Cards in the Bank

American Express® Schwab Investor is an option for those, who need Classic features. With an APR of 19.24% - 22.24% and $0 annual fee this credit card can easily cover your simple everyday demands. For high approval odds you need to have Excellent (740-799) credit score. With American Express® Schwab Investor you will get such features as No Annual Fee, Fraud Protection, Rewards, etc. To make sure about either this credit card is good for you or not compare it with other cards with similar features.

Another popular cards for you
Best for Car rental
Venture X Rewards Capital One
Capital One Venture X Rewards Credit Card
3.53 out of 5
Recommended credit score
scorer
Excellent (740-799)
  • $395
    Annual Fee
  • 19.99% - 29.99%
    Regular APR
  • 10,000x
    10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary.
  • None
    Purchase Intro APR
Learn more
on our partner’s site