Charles Schwab Investor Card from American Express
Basic Information
Program ID: charles-schwab-investor-card
Issuer: American Express
Card Type: Credit
Network: American Express
Card Tier: Standard
Data Complete: Yes
Created: 01/07/2026 07:51
Last Scraped: 01/15/2026 05:47
Fee Structure
| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 30.00% |
Additional Fees
| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | N/A |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater |
| Foreign Transaction: | 0.00% |
Interest Rates
Purchase APR Range: 2,124.00% - 2,924.00%
Intro Purchase APR: 0.00%
Intro APR Duration: 0 months
Intro BT APR: 0.00%
Intro BT Duration: 0 months
Cash Advance APR: 2,999.00%
Sign-Up Bonus
Bonus Amount: $20,000.00
Spending Requirement: $3,000.00
Time Period: 90 days
Bonus Timing: Typically within 8-12 weeks after the spending requirement is met, but often within 48-72 hours of the statement closing period in which the spend threshold is met.
Rewards Program
Reward Type: Membership Rewards Points
Base Reward Rate: 1.50%
Bonus Reward Rate: 1.50%
Bonus Categories: 1.5x Membership Rewards points on all eligible purchases
Point Value Estimate: 0.0200 cents/point
Expiration Policy: Points do not expire as long as the account is active and in good standing.
Transfer Partners: Aer Lingus, Aeromexico, Air Canada, Air France-KLM, ANA, Avianca, British Airways, Cathay Pacific, Delta, Emirates, Etihad, Hawaiian Airlines, Iberia, JetBlue, Qantas, Singapore Airlines, Virgin Atlantic, Choice Hotels, Hilton Honors, Marriott Bonvoy
Card Benefits
Protection Benefits
- Extended Warranty
- Purchase Protection
- Price Protection
Travel Benefits
- Travel Insurance
- Primary Rental Protection
- Trip Delay Coverage
- Lost Luggage Coverage
- No Foreign Transaction Fees
Premium Benefits
- Airport Lounge Access
Approval Criteria
Recommended FICO Range: 700 - 850
Approval Odds Category: Excellent
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian, TransUnion, Equifax
Issuer Rules
Rules: One welcome bonus per card per lifetime. Max 2 credit card applications per 90 days. Applicants must be a Charles Schwab client with an eligible brokerage or bank account. Applicants must meet American Express's creditworthiness criteria, including a good to excellent credit score and sufficient income. American Express may also deny a welcome offer if the applicant has a history of opening and closing numerous cards or is deemed unlikely to be profitable (Amex 'Pop-up Jail').
Maximum Cards Per Issuer: 5
Minimum Spend Interval: 3 months
Shutdown Risk Triggers: Manufactured spending (e.g., excessive gift card purchases, reselling), high cumulative credit limit across all Amex cards relative to income, sudden uncharacteristic spending patterns, failure to make timely payments, abuse of return policies or chargebacks, providing inaccurate information on applications, triggering a financial review (FR).
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 4.2 / 5.0
Top Positive Feedback:
Excellent flat-rate cash back on all purchases, no annual fee, valuable for Charles Schwab clients, good customer service from American Express.
Top Negative Feedback:
Cash back is only 1.5%, not competitive for category spenders, limited benefits compared to premium Amex cards, Amex acceptance can be an issue in some places.
Approval Experience Score: 78.0 / 100
Recommended Alternatives
- Amex EveryDay Preferred Credit Card
- Blue Cash Everyday Card from American Express
- Chase Freedom Unlimited
Card Value Score: 82.0 / 100
Est. Annual Rewards: $500.00
User Portfolio Metrics
Avg Portfolio Size: 4 cards
Avg Portfolio Age: 96 months
Store vs Co-brand: 100% General / 0% Store
Risk Assessment
Default Risk Group: Low
Predicted Approval Probability: 75.0%
Terms Version Control
Version ID: v1.0