Schwab Investor Card® From American Express
A no-annual-fee cashback card from Charles Schwab Bank, SSB.
Charles Schwab Bank, SSB · AMEX
- Annual fee
- $0
- Purchase APR
- 19.49–28.49%variable
- Signup bonus
- $300
- Foreign transaction
- 2.7%
Earn Rules
Rates with strings attached
These apply only at a specific brand, or need something beyond how you spend, like a balance held with the issuer or a status tier. They are real, but we do not count them in the value above, which uses the rates any cardholder earns on ordinary spending.
| maintains an eligible account at Schwab | 1.50% |
Statement Credits
Each credit shown at full face value. The NAV math counts the total. What you actually use is your call.
| 10% back (up to $250) in statement credits per calendar year after using their enrolled Card to make qualifying food and beverage concessions purchases at stadiums and arenas in the American Express Venue Collection™yearSource ↗ | $250/yr |
| Total credits / year we count | $250 |
Why this differs from the issuer's headline number. Card marketing sums every credit at full value and assumes you use all of them. We count each credit at face value too, but only the ones shown above. A credit you won't use is worth $0 to you, so the honest number for most people is lower than the brochure. Decide which ones fit your life; the calculator counts what you tell it to.
Signup Bonus
$300 Card Statement Credit
Value: $300 · Spend $1,000 in 3 months
This bonus is counted in full in the card's Year 1 value, and only when your spend meets the requirement. It's excluded from the ongoing value.
Who This Card Makes Sense For
- People who occasionally carry a balance. With no annual fee on top, the interest is the only cost.
Where This Came From
Wondering if this card pays off for your situation? Is the Schwab Investor Card® From American Express worth it? →