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Charles Schwab Fees, Margin Rates, IRA Fees, Interest, Trading Tools Charges for 2012
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Charles Schwab Margin Interest Rates
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Debit Balance |
Margin Rate |
Effective Rate |
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$0-$24,999.99 |
Base Rate + 2.00% |
8.50% |
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$25,000-$49,999.99 |
Base Rate + 1.50% |
8.00% |
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$50,000-$99,999.99 |
Base Rate + 0.50% |
7.00% |
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$100,000-$249,999.99 |
Base Rate + 0.375% |
6.875% |
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$250,000-$999,999.99 |
Base Rate + 0.25% |
6.75% |
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$1,000,000-$2,499,999.99 |
Base Rate - 0.25% |
6.25% |
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$2,500,000+ |
Base Rate - 0.50% |
6.00% |
Base Rate = 6.50%. Schwab’s base rate was last changed on 05/02/2008 (subject
to change without notice)
Charles Schwab Account Activity Fees Fee
Amount Late settlement: $25
Mutual fund Online and Automated Phone short-term redemption fee: $49.95
Mutual fund Broker-Assisted short-term redemption fee: $49.95, plus $25 service charge
Order out of certificates (for U.S. and Canadian securities): $50 per certificate $0 per issue
Order out of certificates (for foreign
securities): Physical certificates Variable fee (based on the location of the
transfer agent)
Restricted stock re-registration/gifting: $75 per transfer
Failure to maintain required minimum
balance in certain Schwab Proprietary Non- Sweep Money Funds, including SVAI
(check prospectus for minimum balance requirements): $10 per redemption $5 per
month
Security reorganization: $39
Transfer (out) of assets: Full - $50 per account, Partial $25 per account
Transfer of title for
certificates (re-registering securities held in certificate form): $25 per
position *See Special Service Fee Waivers
Charles Schwab Cashiering and Administrative Services Fees
Fee Amount Overnight and/or bulk
deliveries: $20 or more, subject to delivery speed and/ or package size
Non-sufficient funds/returned item: $25
Wire transfer: Outgoing† Incoming $25 per
transfer No fee †See Special Service Fee Waivers.
Custody Fees Fee Amount
Alternative investments: $250 annual maintenance fee per
position; $500 maximum per account $100 transaction fee
Non-transferable securities: $1 per month per position
Physical certificate custody fee: $50 per year per position
Restricted stock: $150 per year per position
Charles Schwab Fees are as of 2012 and are subject to change. For most recent information go here:
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