Does Charles Schwab count as direct deposit? Bank by bank (2026)
Historically strong; deteriorating at Chase/Huntington in early 2026.
Type: Brokerage
Confirmed working at 13 banks, mixed at 8, fails at 3.
Bank by bank
Sorted works first, then mixed, then fails. Each bank name links to its review, where you can see the offer's full requirements.
| Bank | Verdict | Reports |
|---|---|---|
| U.S. Bank | Works | 44 member reports of it working, 4 reports of it failing, last confirmed Sep 2026. |
| Bank of America | Works | 23 member reports of it working, 3 reports of it failing, last confirmed Jul 2026. |
| Citi | Works | 12 member reports of it working, 1 report of it failing, last confirmed Jan 2026. |
| Capital One 360 | Works | 16 member reports of it working, 9 reports of it failing, last confirmed Mar 2026. |
| Wells Fargo | Works | 37 member reports of it working, 7 reports of it failing, last confirmed Aug 2026. |
| PNC | Works | 58 member reports of it working, 22 reports of it failing, last confirmed Aug 2026. |
| Truist | Works | 42 member reports of it working, 7 reports of it failing, last confirmed Aug 2026. |
| Citizens Bank | Works | 4 member reports of it working, last confirmed May 2026. |
| Fifth Third | Works | 3 member reports of it working, last confirmed Aug 2026. |
| KeyBank | Works | — |
| American Express Checking | Works | 15 member reports of it working, 11 reports of it failing, last confirmed Jul 2026. |
| Connexus Credit Union | Works | — |
| Consumers Credit Union (Illinois) | Works | — |
| TD Bank | Mixed | — |
| Regions | Mixed | — |
| Huntington | Mixed | 7 member reports of it working, 1 report of it failing, last confirmed Jun 2026. |
| M&T Bank | Mixed | 37 member reports of it working, 14 reports of it failing, last confirmed Jun 2026. |
| BMO | Mixed | 7 member reports of it working, 14 reports of it failing, last confirmed Jan 2026. |
| USAA | Mixed | — |
| Navy Federal | Mixed | — |
| PenFed | Mixed | — |
| Chase | Fails | 10 member reports of it working, 12 reports of it failing, last confirmed Apr 2026. |
| SoFi | Fails | — |
| Chime | Fails | — |
How to set it up
Historically strong; deteriorating at Chase/Huntington in early 2026.
Send at least the offer's stated minimum, a little early in your bonus window. Standard ACH takes 1 to 3 business days to settle, so you want time left over to switch to real payroll if this push does not register as a direct deposit.