Smart Money awards Scottrade online banking five out of five stars


Scottrade Bank – Easy Money Management 

Scottrade Bank helps you to easily move money and implement your financial strategy with a checking account that can be linked directly to your Scottrade® brokerage account, adding the convenience of single-login access.

Plus, you get your choice of account types, helping you to easily manage your money your way. Earn interest on the funds in your checking account, take advantage of Online Bill Pay, open a savings account or enjoy the benefits of an interest-bearing money market1 account available with no monthly maintenance fees or minimum balance requirement – and all accounts include a Scottrade Bank® ATM/debit card backed by our ATM Fee Reimbursement Program covering most cash withdrawals.*

You can monitor your financial transactions and manage your account in a secure online setting, even from your favorite mobile device, with no monthly service fees or minimum deposit requirements.



Non-Interest Checking Account

Industry Average

Scottrade Bank

Monthly Maintenance Fees

  $5.26   

$0

Minimum Account Balance to Avoid a Fee

   $661.82

$0

Out-of-Network ATM Surcharge

$2.77

$0

Interest Checking Account

 Industry Average

Scottrade Bank

Monthly Maintenance Fees

   $14.76   

$0

Minimum Account Balance to Avoid a Fee

    $6,211.76

$0

Out-of-Network ATM Surcharge

$2.77

$0

Mutual Fund Tools  

Overview

Exclusively for

Clients

Select Lists*

Access lists of mutual funds provided by independent firm Morningstar Inc.   Clients only

Predefined Screeners

Quickly narrow your search with one of our mutual fund prescreens.
More predefined screens for clients

Screeners

Our mutual fund screener helps you filter by many categories, including fund family, dividend yield and expense ratio.
More filter categories for clients

Comparison Tool 

Compare up to five mutual funds at a time on many categories, including expenses and Morningstar ratings.
Only clients can compare by Morningstar ratings

Source: Bankrate. Data are from an annual survey conducted in September 2014.



Extra Convenience with No Maintenance or ATM Withdrawal Fees

Are you tired of paying the ever-increasing fees associated with your current bank account? Make the switch to Scottrade Bank, and you’ll get all the convenience you expect from a bank, with the added bonus of a low-cost, no-monthly-fee account:

  • Save an average of $275 per year in service fees** with Scottrade Bank
  • Make cash withdrawals anytime, anywhere nationwide and get the fees refunded through our ATM Fee Reimbursement Program*
  • No minimum balance requirement or monthly maintenance fee
  • Interest-bearing account options



  • Online Bill Pay
  • Direct deposit available
  • Link with your Scottrade® brokerage account for easy money movement
  • FDIC-insured to the maximum amount permitted by law



easy-money-movement

Scottrade gives you the added convenience of linking multiple banking accounts with your Scottrade® brokerage account, assuring easy money movement and access.



switch-kit

Our handy Switch Kit walks you through all the steps you need to open and fund your new Scottrade Bank® account.



 

1Federal law limits the number of certain withdrawals on any savings account or money market account to six per month. Withdrawals at ATMs and in person at a bank branch are not subject to federal limits.

*ATM Fee Reimbursement Program: Scottrade Bank does not issue a charge for cash withdrawals made at any domestic ATM. We will refund all reasonable 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 your local Scottrade brokerage branch office. 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.

**Savings based on an average customer who makes three out-of-network ATM withdrawals per month and incurs a monthly service fee on an interest-bearing bank account. Data based on BankRate’s 2014 Checking Survey.