What types of Schwab One accounts are eligible to receive cash rewards?
Individual, joint, or trust (living and revocable) Schwab One brokerage accounts are eligible to be linked to your Schwab Bank Invest First card to receive cash rewards. Also, the primary cardholder on the credit card account must also be an owner on the Schwab One account. You can direct cash rewards to a joint Schwab One account, as long as the primary account holder is on the joint account. Ineligible accounts include: Schwab One organization accounts for corporations, limited liability corporations, non-incorporated associations, partnerships, investment clubs, DBA operations, nonprofits and charities, as well as general brokerage accounts, IRAs, and other retirement accounts.
