The Charles Schwab High Yield Investor Checking account is best for travelers. Charles Schwab's lone checking account is the Schwab Bank High Yield Investor Checking® Account, which earns interest at a pretty minuscule rate compared to other rewards checking accounts. Charles Schwab Bank Review: Checking and Savings Schwab is best for consumers who want a stellar interest checking account with free use of … With live 24/7 phone support, online chat, email, and branch support, Charles Schwab Bank provides plenty of options for its customers to have their questions answered. Yes, your Charles Schwab checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57450). Charles Schwab High Yield Investor Checking Review. But you’ll need to open a linked brokerage account to get started. This interest-bearing checking account has no monthly and foreign transaction fees, and no minimum balance requirements. The Charles Schwab High Yield Investor Checking® Account doesn't have the best APY, but it's garnered a lot of attention due to its lineup of freebies like … You’ll get free ATM access and rebates on out-of-network ATM fees. The Charles Schwab Company itself receives an A+ from the BBB, and the online reviews for their High-Yield Checking Account receive overwhelmingly positive reviews. Again, there are no minimums or fees to meet, which means all of your money will stay in your pocket.