Originally Posted by
tmiw
It's been a while but I remember Schwab not reimbursing for a balance inquiry that I did. They've always reimbursed for actual withdrawals, though.
If they charge for a balance inquiry, a work around is to simply add their app to your phone. Then you don't need an ATM to tell you what your checking (or savings or brokerage) balance is.
Originally Posted by
ORDFlyer34
I opened my account last year for the same thing. I put in $500 and used it in May but not since. Account is still open with under $100 and I never heard from them about it needing activity or a minimum $ or it would be closed.
They don't close your account. They just don't send you a new ATM card.
This happened to me. I only use the Schwab debit card overseas. After Covid, went overseas and discovered my ATM card had expired. They were happy to send me a new one. Just didn't have it for that trip.