[maxerickson]

I'm in the process of bank shopping, so I looked into it just now. If you set up automatic deposits into a checking account, they waive the $1000 minimum for the brokerage account.

[stevenbedrick]

Oh, that must be new- when I signed up a couple of years ago there weren't any requirements like that. Thanks for looking into it.

For whatever it's worth, it is a really, really, really great checking account. And their online and mobile tools have gotten pretty good in recent years. Not anywhere near the level of, say, BankSimple, but certainly more than usable.

[maxerickson]

Actually, it looks like the automatic deposits/$1000 minimum are for a investment account without the checking account.

[saryant]

There's no minimum on either account. I've got a whopping $187 in my Schwab checking account and nothing in the brokerage account.