{"slug":"charles-schwab-refer-a-friend","institutionSlug":"charles-schwab","category":"brokerage","product":"Refer a Friend","title":"Charles Schwab: refer a friend","offerSlug":"charles-schwab-brokerage-account-referral-bonus","referrer":{"amount":0,"unit":"cash","display":"Nothing","targeted":false},"referee":{"amount":100,"amountMax":1000,"unit":"cash","display":"$100 to $1,000","targeted":false},"cap":null,"taxForm":"1099-INT","taxNote":"Schwab states that for taxable accounts the bonus award will be reported on Form 1099-INT. It is the referred person's bonus, so it is their form.","linkSource":"Sign in to your Schwab account to get your referral code or link.","channels":["Share your referral code or link"],"requirement":"Open an account and make a qualifying net deposit","posts":"Net deposits are measured on the 45th day after enrollment, and the award credits about a week later.","status":"live","expiresOn":null,"verifiedOn":"2026-07-21","summary":"Schwab pays the referring client nothing. Its refer a friend offer rewards only the person referred, on a tier scaled to their own deposit, which is the opposite of how nearly every roundup describes it. If you are a Schwab client deciding whether referring someone is worth your time, the honest answer is that there is no payment in it for you.","finePrint":["Schwab publishes no reward for the referring client. This entry records a genuine zero, not a figure we could not find.","The referred person's award is tiered on their own net deposit: $100 at $25,000, $300 at $50,000, $500 at $100,000, and $1,000 at $500,000.","The offer is limited to one per account, with no more than one account enrolled per client.","Taxable accounts must hold the deposit for at least one year or Schwab may charge back the award.","Schwab's published terms do not address where a referral link may be shared."],"ruleIds":[],"programDomain":"schwab.com","programUrl":"https://www.schwab.com/refer-a-friend","sources":[{"label":"schwab.com refer a friend page","url":"https://www.schwab.com/refer-a-friend","checkedOn":"2026-07-21"},{"label":"schwab.com referral offer terms","url":"https://www.schwab.com/referral","checkedOn":"2026-07-21"}],"needsVerification":false}