Amex Schwab Investor

Welcome offer

Earning rates

Application rules

• Counts toward 5/24

  Opening it takes one of your Chase 5/24 slots.

• Once per lifetime

  You may not get the Schwab Investor card's welcome bonus if you have or have had it before. Amex can also withhold the bonus based on your history with Amex and how many cards you've opened and closed, and it tells you before it processes your application, so you can withdraw.

• Banking relationship

  You need an eligible Charles Schwab account to apply. An Amex card you already have can't be converted into a Schwab card.

• 1 in 5 rule

  Amex usually approves no more than one of its credit cards every five days. Cards with no preset spending limit, like the Platinum and Gold, don't count.

• 2 in 90 velocity

  Amex usually approves no more than two of its credit cards in any 90-day period. Cards with no preset spending limit don't count.

• Amex credit card limit

  Amex usually lets you hold up to five of its credit cards at once, personal and business combined. Cards with no preset spending limit don't count toward that limit.

About the Amex Schwab Investor

The Amex Schwab Investor is a personal American Express card from Amex with no annual fee that earns cash back. The current welcome offer: earn $200 cash back after you spend $1,000 in 3 months.

Frequently asked questions