Originally Posted by
ajnaro
In your experience, do you see any advantage of the Stanford credit card over of the former Schwab credit card? Or any advantage of the Stanford debit card over the two Schwab debit cards (black for savings, white for checking)? Or would Stanford just serve as a backup in case FIA starts acting up?
I think that the former Schwab card is the better deal between it and the SFCU Visa in terms of a charge card (2% cash back vs 1% cash back). I think it's even between SFCU and Schwab on the checking debit cards. I think that the SFCU wins on the savings as I believe that Schwab surcharges 1% for overseas debits on its savings account. Also, I like the fact that with SFCU I'm supporting a smaller CU instead of a large financial institution but that's a qualitative not a quantitative benefit. Strategically it might be wise to diversify if you charge a lot overseas in case the former Schwab card loses some of its great charge benefits now that FIA has taken it over.