Bank accounts / CDs with Schwab

[Anniemaygo]

Hi All,
Currently have all investments at Fidelity (they hold my 401k, so I open IRA's and brokerage acct there for simplicity.  I bank at a local credit union that has a high interest checking and keep my emergency fund there in a 12 month cd ladder.

I am looking to add more CDs to my portfolio to balance risk and was evaluating opions - considering Vanguard since that seems to be the most recommended for low fees and customer service. 

I recently opened a Schwab account to use for a vacation fund because I am going to Europe with kids for a few weeks this summer and wanted to take advantage of their worldwide no-fee ATM account to get cash out while traveling.  I noticed they also had CDs available with some very good rates.  I am extremely organized with spreadsheets so I don't worry about loosing track, and it seems easy to move money around.

What have been peoples experiences in banking with multiple banks? 
Anyone have experience with Schwab?  I have been really impressed with the on boarding process for opening the first account, but don't hear much with the exception of the no-fee ATM.

[undercover]

Banks are commodities these days. I use Schwab almost exclusively with the exception of having a B&M bank for transferring cash deposits.

[facepalm]

I don't bank with Schwab (yet), but have a brokerage account and a few IRAs with them. They have been nothing short of outstanding. Phone support is excellent. I have some extra cash that I'm going to put into CDs with them, at some point.

I do like the no fee ATM access that they offer, seems like for travel it would be a no-brainer.

[Another Reader]

I find the new issue CD's at Fidelity to pay as much or more than CD's issued by the bank to the retail customers.  The only glaring exception right now would be the Synchrony Bank 2 percent 1 year CD. 

The best site for retail CD rates in my experience is www.depositaccounts.com. 

As long as I can get better rates than the treasury money market fund at Fidelity, I ladder 3 month to one year CD's for cash being held to pull out for RMD's.  I did take a flyer on some 2.3 percent 2 year CD's for some of the cash held for the following year RMD's. New issues show up on Monday and Tuesday, so look then.

[aneel]

Love Schwab for investing and banking. The only annoyance is you cannot deposit cash. It's only an annoyance because in today's norms you aren't likely to need to deposit cash unless you work in a cash industry.

[Gimesalot]

I have both a checking account and a brokerage account through Schwab.  Originally, I opened the brokerage account because it was required for the checking account.  A few months ago, I decided to buy CD's through my Schwab brokerage account because I wanted to have easy access to the money, and transfers between the two accounts are almost instant.  I like the trading set up within Schwab better.

On the customer service front, I really like their phone support and everything associated with that.  The receptionist at the local office took some time to get used to me since I am not their normal clientele, but now she is nice to me.

ETA:  Looking through my Vanguard account, I realized that you need to have a minimum of $10,000 to invest in CD's.  This was too high for me to build my CD ladder, so that was the main reason that I went with Schwab.

[BFGirl]

I have brokerage and IRA with Schwab and love them.  Recently switched my main checking to them because I was  tired of ATM charges with my old bank.  I had a weird issue with my first paycheck when I started taking advantage of deferred comp and Schwab bank was easy to work with and helped me immediately.  I highly recommend them.

[cchrissyy]

I've been completely pleased with Schwab bank for maybe 10 years now. 
The free ATM use worldwide is convenient. Also their phone customer service is excellent.
I always reach a real person right away and am satisfied with the service.
They provide physical checks for free if you want them
I used to get their (free) mail-in deposit envelopes but now I scan checks for deposit in the app
and their online bill pay is better than other banks I've used