Charles Schwab won't let us open an account

[mikesump]

We have been full-time RVers now for 2 years and utilize Escapees address and mail forwarding services in Livingston, Texas. This address has sufficed for Vanguard, Fidelity, Chase Bank, and our federal income taxes. We have spent the last month trying to open a Charles Schwab brokerage account so we could use it to open a Schwab bank account, which is highly recommended for international travel as you don't have to pay currency conversion fees.

We have run this pretty high up the flagpole and authorized them to run a credit check, which should convince them that they want us (and the other 250,000 full-time RVers) as customers. But they want a utility bill with our name and a street address and have refused to yield.

Can anyone offer any advice?

[WyoTraveler]

Scottrade is on line and has offices throughout U.S. I dumped Schwab years ago. Many just on line discount brokers. All of them are better and cheaper than Schwab.

[Trackrig]

Why fight to give them your money when they don't want it?

For that matter, you already have Vanguard and Fidelity, why do you want a third company to deal with? I'd eliminate one of the two you're already using so you're only dealing with one.

I use and recommend Fidelity. One reason I was happy to retire was so I no longer have to use E*TRADE, their hold times were horrendous. I rolled that account into Fidelity.

Bill

[Fishinghat]

obgraham wrote:
Stick to Vanguard. Use any bank like Cap One that doesn't charge transaction fees. Transfer from Vanguard to banks works well.

Why persist with a company that doesn't want your business?

X2

Again, they don't want your business so go elsewhere.

[obgraham]

Stick to Vanguard. Use any bank like Cap One that doesn't charge transaction fees. Transfer from Vanguard to banks works well.

Why persist with a company that doesn't want your business?

[2gypsies1]

This is common with only Charles Schwab. It's 'their' rule no one elses.