Charles Schwab margin rates

Charles Schwab charges 10.575% a year on a $100,000 margin loan and 11.575% on $25,000, according to its published schedule, dated September 18, 2026 (base rate last changed). At $100,000 that is tied for 10th lowest of the 14 brokers we compare.

On $25,000: 11.575%$2,894 a year · tied 10th lowest of 14
On $100,000: 10.575%$10,575 a year · tied 10th lowest of 14
On $500,000: –not published; the broker says to call
Schwab base rate: 10.25%2026-09-18

The full schedule

Debit balance	Annual rate	How it is set
$100 to $24,999.99	12.075%	Base Rate + 1.825%
$25,000 to $49,999.99	11.575%	Base Rate + 1.325%
$50,000 to $99,999.99	10.625%	Base Rate + 0.375%
$100,000 to $249,999.99	10.575%	Base Rate + 0.325%
$250,000 to $499,999.99	10.325%	Base Rate + 0.075%

The rate for the tier your balance falls in applies to the whole balance.

Worth knowing

Schwab charges no interest on balances under $100 and asks borrowers of $500,000 or more to call for a rate.

Maintenance requirement

Schwab requires 25% equity on most stocks and ETFs priced $3 or more, 30% on short positions above $16.66, and 50% on some stocks.

Check how far your account could fall at that requirement.

Source

Charles Schwab margin rates page: "Schwab's current base rate is 10.25% and is subject to change without notice.". Schedule date: September 18, 2026 (base rate last changed). Checked 2026-10-24. Automated check October 24, 2026: every rate listed here still appears on the broker's page. Rates change without notice; the broker's own disclosure governs.