Charles Schwab launched the new American Express credit cards for its brokerage customers back in 2016. besides the more known American Express Platinum Card for Schwab (whcih comes with a 60K signup bonus), they also have the Schwab Investor Card from American Express. This card usually has a $100 signup bonus after spending $1,000. Now the bonus is twice as good.
Bonus & Requirements
Earn a $200 Card Statement Credit after spending $2,000 in purchases on your Schwab Investor Card from American Express in the first three months of Card Membership.
Offer ends 08/15/2018.
- Earn an unlimited 1.5% cash back automatically deposited into your eligible Schwab account for purchases made with your Card.
- 0% introductory APR on purchases and balance transfers for 6 months. After that, your APR will be a variable rate, 15.74% to 18.74%, based on your creditworthiness and other factors.
- No annual fee
A decent bonus, and the highest we have ever seen on the Amex Schwab Investor Card. However, it’s best suited for those who are looking for cash bonuses and already have a Schwab account (it’s a hard pull to open one). The card is not worth it beyond the signup bonus as you can do better than 1.5% with many other cards.