r/Schwab

I setup a Schwab checking and brokerage account a couple of days ago. At this point I plan to only use the checking account for international travel. I have a trip planned in early October. I have a couple of questions about the accounts. I don't want to keep a lot of money in the account(s) but also don't want to risk the accounts being closed due to non-funding. Which account(s) should I put money in? Both? I don't need any checks but only need a debit card. Should I put money in both accounts AND what is the minimum amount I should keep in there without the account being closed.

Thanks for clarification.

Background: I am currently in US and moving out of US by end of this year. Not a US citizen and will not have an address or phone number from US. I have stocks (including ETFs) currently in Robinhood brokerage.

Questions:
(1) Does Schwab have a brokerage account that can be accessed internationally? Can I move my stocks to Schwab US account and then change to reflect my new international location once I am there?
(2) Does Schwab offer any type of checking account where I can transfer my $ savings and use a debit card internationally to withdraw money from it?

Seeing as Vanguard just released their outgoing transfer lock-down yesterday, do you think Schwab will feel the need to match?

Hello... A question if I might about something I should know but want to make sure. If I have a stock or ETF that let us say reaches the price of $100 a share and I feel that it might be going down in price to below $95 how do I set the the sale? Do I simply chose "limited" in the sales ticket and enter the price of $95.00? Thank You

I left a job that offered a 401k. My new job doesn’t offer a 401k until I’ve been there for a year. I rolled over this money ($5600) into a rollover IRA with Schwab. I want to continue to add to it while waiting for the new 401k at the new job to become available to me and am wanting to contribute $100/mo to the rollover IRA. I linked the accounts and added the July $100 today. All good there.
My question is, with that $5600 in the IRA, I chose to apply it all to (I apologize I’m not versed in properly terminology) SWPPX mutual funds. So anytime I add the monthly $100, do I need to do the steps I did with the $5600 to apply it to mutual funds also? I hope this post makes sense. I’m very new to all this and want to learn! Thanks for reading!

Hi, I'm a traveller from India, and I always looked for an 0 forex and 0 atm withdrawal fees debit card but it's not available in India. I learnt that I can create a Charles Schwab international account while staying here in India and get my card delivered in India. I could then use it as a 0 forex and 0 atm withdrawal fees card anywhere in the world and use only banking features. I have no interests in trading and all. I want to know, if what I'm planning to do actually will work in real life? I.e. can I only use the debit card of Charles Schwab all over the world and never use their trading features while being in India.

Aside Question: I can also use this card to withdraw money in India without any fee just like any indian debit card Right? (Yes, I know the atm withdrawal fee will be refunded by the end of the month, but let's just call that even)

21 years old. I will max out my Roth annually and invest $30,000+ annually in my taxable.

My investments are purely for wealth building. I don’t plan to withdraw for 30+ years.

Thoughts on:

100% SWPPX - Roth IRA
100% SCHG - Taxable

Any alternatives that would be better suited for my goals?

I recently opened a custodial account for my 2 month old. I plan to fund the account anytime my child receives a financial gift from friends and families. What should I invest in for the long term. I was thinking Schwab S&P 500 Index Fund (SWPPX). Are there any other recommendations people have?

If if you get $100 or $200 credit on annual fee the welcome bonus is significantly lower compared to regular Amex platinum

Im on day 2 of investing and I have zero clue where to start with the $50 I currently have. Where do I start? What do you wish you knew on day 2?

I use TOS desktop but now, I'm on the Schwab website as well. How do you figure out rate of return, of the whole account and of individual positions? I just called Schwab and they had no idea. They could show me how to figure out realized but not unrealized. I'm looking into Boldin/Claude to figure which accounts to burn down for RMD, in the future, vs taxes now. If the answer it, it's just the realized gain and loss, from the past, that's fine, but it seems like the Schwab platform could look at purchase price, of a long stock, compare it to current price, and give me an answer on both unrealized and realized. Or am I completely wrong? thank you

Does anyone know how to set this DRIP setting to default Reinvest every stock buy you make for an account? If you have hundreds of stocks, doing these one at a time from the Reinvest column on the Positions page is very time consuming for investors who just want growth and not current income. I want to set my account to default reinvest all buys of stock that are eligible for reinvestment, so I won't have to do them individually constantly. Thanks for any input.

Any word on if/when Schwab will offer 530A accounts?

I'd rather not use Betterment Robinhood or Fidelity.

Hello.... I have a Schwab checking account and am wondering how people get funds into that account. They do not seem to enable deposits from other bank's machines (or tellers) so I myself find it necessary to maintain an account at a major bank so as to be able to ACH money in.

What have you found that works for you? Thank You

Big on my wish list is an API for getting up to the minute Schwab Bank balances, transaction history and also transfers between my Brokerage and Checking accounts. I already have the Schwab Trader API, but it's not so useful if I can't also automatically fund it with my checking account!

I'd like to manage my liquidity via API too. Transfers between accounts are essential. Pretty please, if anyone from Schwab is listening?

(I use Plaid API too but it's hours behind.)

I know this is a stupid question. I was given an account from parents without knowing a whole ton about.. well, all of this. I was wanting to know for when I wish to withdraw money, do i need to go through and sell all my investments (and if so, how?) or do i simply use the money transfer page & it auto does all that for me?