Charles Schwab bonus: $50
The Schwab Starter Kit adds $50 when you open a new individual brokerage account and deposit at least $50 within 30 days. Schwab credits the $50 about two business days after your deposit arrives, then buys fractional shares with it. You can sell the shares and withdraw.
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Open Charles Schwab offerKey terms
| Bonus | $50 |
|---|---|
| Requirement | $50 deposit |
| Direct deposit required | No |
| Payout timing | 5 days |
| Eligible states | All US states |
| Expires | No stated end date |
Last verified: October 2026
Steps
- Open a new account at this link: https://www.schwab.com/investing-starter-kit
- Deposit $50
- Within 3 days of your deposit settling, Schwab will match your $50 with $50 of their own in stock slices
- Sell the stock slices and withdraw all $100
FAQ
Is direct deposit required?
No. You only need a deposit of at least $50 from any source within 30 days of opening the account.
How long until the bonus posts?
About 2 business days after your qualifying deposit. Schwab then places $10 fractional share orders in five large stocks.
Which accounts qualify?
Only a new individual Schwab brokerage account. IRAs, joint, trust, and custodial accounts do not qualify.
Who is eligible?
New Schwab customers only, one account per person.