---
title: 'Checking for Travelers: Schwab Bank High Yield Investor Checking'
description: Foreign travelers get the best deal with Charles Schwab's checking account. The bank covers ATM reimbursements worldwide.
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published: '2015-10-25T16:27:31.000Z'
modified: '2024-04-16T07:12:28.000Z'
section: Banking
canonical: https://money.com/collection-post/best-travelers-checking-bank-account-schwab-2015/
type: Article
source: structured-blocks
---

> **Disclosure:** We may earn a fee if you click on the links below. Compensation does not determine ranking. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![BestBanks_Schwab](https://img.money.com/2015/10/bestbanks_schwab.png)

*This post was updated on Oct. 27, 2015.*

WHY IT'S A WINNER

Globe-trotters get the best deal with Schwab. It’s the only institution that offers interest-bearing checking with no foreign-transaction fees and no maintenance fees, and covers ATM reimbursements worldwide.

#### Caveat

You’ll need to link your High Yield Investor Checking account to a Schwab One brokerage account. (The brokerage account by itself has a $1,000 minimum, but when the accounts are opened together, [there is no minimum](http://www.schwab.com/public/schwab/investing/accounts_products/accounts/brokerage_account).)

#### Account Terms

[Schwab Bank High Yield Investor Checking](http://www.schwab.com/public/schwab/banking_lending/checking_account)

**Maintenance fee:** $0  
**ATM fee:** $0, with unlimited worldwide reimbursements  
**Interest on $5,000:** 0.06%

**Here are Money's picks for the Best Stand-Alone Bank Accounts of 2015-2016:**

-   Best Checking (tie): BofI Rewards Checking
-   [Best Checking (tie): Aspiration Summit](https://money.com/collection-post/best-checking-bank-account-aspiration-2015/)
-   Best Business Checking: Capital One
-   Best Savings: MySavingsDirect
-   Best One-Year CD: CIT Bank
-   [Best Bank Accounts If You're Broke](https://money.com/collection-post/best-banks-low-income-cheap-2015/)

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