Invest with Rewards (1.1cpp to Schwab accounts)
Cardholders can redeem Membership Rewards points for a cash deposit into an eligible Schwab brokerage or retirement account at a rate of 1.1 cents per point ($0.011), up to a maximum of 1 million points per calendar year. This is significantly higher than the standard 0.6 cents per point cash redemption rate.
Cards Offering This Benefit
Similar Rewards - Loyalty Bonuses Benefits
2,500 Tier Credits (First Purchase)
Rewards - Loyalty Bonuses
Earn 2,500 Tier Credits after your first purchase toward elite status qualification.
Targeted Spending Offers (10-15% Back)
Rewards - Loyalty Bonuses
Receive frequent targeted offers for 10-15% back on categories like online retail, travel, or utilities when spend thresholds are met.
5,000 Tier Credits per $5k Spend
Rewards - Loyalty Bonuses
Earn 5,000 Tier Credits for every $5,000 spent on the card annually toward Diamond status.
$25 Annual Birthday Reward
Rewards - Loyalty Bonuses
Receive a $25 reward during your birthday month each year.
$100 Annual Schwab Appreciation Bonus
Rewards - Loyalty Bonuses
Receive $100 annual statement credit for qualifying Schwab assets between $250,000 and $1 million.