Scottrade Bank is an online banking institution and funds deposited through Scottrade Bank are protected by the FDIC to the maximum extent permitted by law. Online banks perform the standard banking functions via the Internet. Online or Internet banking offers clients the ability to manage financial transactions in a secure online setting instead of through a physical bank.
Use our five-step Switch Kit to move your bank account(s) to Scottrade Bank today so that you get excellent online banking service, minus the annoying fees.
Scottrade Bank does not issue a charge for cash withdrawals made at any domestic ATM. We will refund cash withdrawal fees applied to your account by a domestic U.S. ATM at the end of each statement cycle. The rebate will appear as a lump-sum credit on the same statement that incurred the initial ATM fees. If you close your account before the end of the statement period, you will not receive a refund. Scottrade Bank makes its best effort to identify those ATM fees eligible for refund. In the event that you do not receive a refund, please contact Scottrade Bank® Support at 855.265.2265. We reserve the right to terminate or limit reimbursements if we observe a pattern of fraud or abusive overuse, and to modify or discontinue the ATM fee refund program at any time.