Banking Services

Online Banking the Way It Should Be

Scottrade Bank provides clients with simple-to-use, low-cost banking services that help take the stress out of banking. At Scottrade Bank, there are no monthly maintenance, transfer or withdrawal fees. We even automatically reimburse ATM fees.* Save even more by consolidating all of your accounts at Scottrade Bank, simplifying your banking under one roof for added convenience and peace of mind.

Easy Money Transfers and Withdrawals

Quickly react to market opportunities with real-time money transfers from your Scottrade Bank® account to your Scottrade® brokerage account. 

With Scottrade Bank, you also have the convenience of linking multiple bank accounts with your Scottrade® brokerage account, which gives you easy access to your funds

ATM/Debit Cards

Your ATM/debit card is included at no charge with your Scottrade Bank® account and offers these great features:

Apple Pay®: Secure your in-person purchases with Apple Pay. Add your Scottrade Bank® card to the Wallet app on your iPhone®, iPad® or Apple Watch® and feel confident your information stays private — card information is never shared or stored on your device.

ATM Fee Reimbursement Program: Your withdrawal charges are automatically credited back to your account whenever you use any domestic ATM. This rebate will appear as a lump-sum credit on your next statement.

MoneyPass®: Scottrade Bank works with MoneyPass to offer you an additional network of more than 5,000 surcharge-free ATMs throughout the country. When you use a MoneyPass ATM, your fee is waived up front.

Online Bill Pay

Manage bills and automate payments with Online Bill Pay included at no charge.

Scottrade Bank offers the ability for clients with checking or money market accounts** to pay bills online. To pay bills online using funds from an eligible Scottrade Bank® account, go to the Banking tab of your brokerage account and click Online Bill Pay in the left navigation menu. Before you can begin paying bills online, you will be asked to read and accept the Online Bill Pay Agreement.

Check out our Online Bill Pay Demo***

Mobile Bank Account Access

Easily manage your account with mobile banking. Check your account balance, transfer funds and more with the Scottrade® Mobile app for iPhone®, iPad® and Android™  devices.

With the tap of a finger, you can:
    •  Log in using a 4-digit Passkey.   
    •  Move funds between your Scottrade® brokerage and Scottrade Bank® accounts.
    •  Transfer funds to or from your Scottrade Bank® account to an external account.
    •  Pay bills with Online Bill Pay.


Don’t have a compatible mobile device? Access your account at our mobile client website.

Download the Scottrade® Mobile app for iOS and Android™ devices.

Scottrade Bank® Account Types

Checking

Get many convenient features with your Scottrade Bank® account, including an ATM/debit card, reimbursed ATM withdrawals* and Online Bill Pay, all at no charge. You’ll also enjoy easy fund transfers, overdraft protection and the convenience of direct deposit, with the added benefit of an interest-bearing account. 

Savings**

Earn interest while you save for a special purchase or unexpected expense with the added convenience of direct deposit and easily managed fund transfers between your Scottrade® brokerage and Scottrade Bank® accounts.

Money Market**

Get the most out of online banking with an interest-bearing Scottrade® Money Market account that makes it easier to manage your money, helping you achieve your investing and cash flow objectives. 

CDs****

Invest in Scottrade® Certificate of Deposit with confidence — if our interest rate increases within 10 calendar days of opening we will give you the higher rate for the full term of your CD. 

Contact Bank Support

Help

If you need help, contact us today. We’re happy to answer your questions or provide you with assistance.

Email Us

banksupport@scottrade.com

Call us at 855.265.2265

Phone Hours:

Monday-Friday:
7 a.m. to midnight ET

Saturday and Sunday:
9 a.m. to 7 p.m. ET

A Scottrade® brokerage account with at least $500 in equity is required to open a Scottrade Bank® account.**

View a full list of fees associated with Scottrade Bank® accounts >>>

*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 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. 

**You must have $500 in equity in an individual, joint, trust, Traditional IRA, Roth IRA, or SEP IRA account with Scottrade to be eligible for a Scottrade Bank® account. In this instance, equity is defined as Total Brokerage Account Value minus Recent Brokerage Deposits on Hold. Federal 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.

***The Scottrade Bank® Online Bill Pay Demonstration is strictly for educational purposes only. Any payees created will not be saved and payments will not be sent.

****Early withdrawals are subject to penalties. Fees could reduce earnings.

Apple Pay, iPhone, iPad, and Apple Watch are registered trademarks of Apple Inc.

Scottrade and Apple are not affiliated.