Schwab Private Wealth Services™

For program details, please visit Schwab.com/programdetails. Schwab Private Wealth Services™ (the "Program") and the associated benefits are made available by Charles Schwab & Co., Inc. ("Schwab") according to business criteria that may change at any time at Schwab's sole discretion without notice. Households are enrolled in the program for a minimum of 12 months before being evaluated for ongoing program eligibility. A household must maintain sufficient qualifying assets to remain in the program. Clients within a household are subject to the household's enrollment period and may not be enrolled for a full 12 months if the household they are included in was previously enrolled in the program.

1. Schwab Private Wealth Services qualifying household assets are based on Schwab brokerage and Schwab Bank combined account balances, including:

a) Brokerage accounts in which the client(s) is an owner, trustee, or custodian;

b) Traditional, Roth, and Rollover Individual Retirement Accounts (IRAs)* - individually owned or inherited (excludes Educational & Custodial IRAs);

c) Bank accounts in which the client(s) is an owner or trustee: checking & savings;

d) Non-Retirement Business Corporation, LLC, Partnership, and Sole Proprietorship accounts may be eligible depending on the client's ownership and role (excludes certain business retirement accounts).

Whenever you open a new account, we automatically search for and link qualified accounts of persons with the same last name at the same home address, including accounts held at certain Schwab affiliates. Once all of your household's account balances and activities are combined, you and your qualified family members may be eligible for certain discounts, fee waivers, or other benefits that can come with some of our products and services. Qualified family members include spouses, domestic partners, parents, step-parents, children, step-children, siblings, step-brothers, step-sisters, grandparents, grandchildren, and their spouses. Please review the Charles Schwab Pricing Guide for Individual Investors for more information about households and current pricing. If you believe our automatic linking process may have missed an account within your household, including relatives with different last names, please contact your Financial Professional.

2. Schwab employees and associates include various types of investment professionals who are compensated differently, from Financial Consultants to Wealth Consultants. We provide the full list of investment professionals and how they're compensated on our website. Please note that there are certain eligibility requirements for working with a dedicated Financial Consultant.

3. Schwab Appreciation Bonus

This benefit is only available to the Basic Card Member on The Platinum Card^® from American Express Exclusively for Charles Schwab, and will be awarded based on either 1) the Basic Card Member’s membership in Schwab Private Wealth Services or 2) the Basic Card Member’s Qualifying Schwab Holdings, in each case as described below. Basic Card Members may only receive one Schwab Appreciation Bonus each year of Card Membership.

Schwab Appreciation Bonus Measurement Dates
Your membership in Schwab Private Wealth Services, or Qualifying Schwab Holdings will be measured within five business days after (a) Card account approval and (b) the first calendar day of your annual Card account renewal month (each date, a "Measurement Date").

Schwab Appreciation Bonus Amounts
If on a Measurement Date either:

(1) your Qualifying Schwab Holdings are:
(i) equal to or greater than $250,000 and less than $1,000,000, you will receive a $100 Card statement credit;
or (ii) equal to or greater than $1,000,000 and less than $10,000,000, you will receive a $200 Card statement credit;
or (iii) equal to or greater than $10,000,000, you will receive a $1,000 Card statement credit.

Or (2) you are a member of Schwab Private Wealth Services you will receive a $1,000 Card statement credit.

Terms and Conditions for the Schwab Private Wealth Services program apply; visit  schwab.com/programdetails for more information.

The Schwab Appreciation Bonus may be taxable income to you and may be reported on IRS Form 1099. You are responsible for any federal or state taxes resulting from the Schwab Appreciation Bonus. Please consult your tax advisor if you have questions about the tax treatment of the Schwab Appreciation Bonus.

Qualifying Schwab Holdings

Qualifying Schwab Holdings are the sum of the following assets and obligations: (1) the aggregate assets held in the following non-retirement Schwab Brokerage Account types over which the Basic Card Member is an owner, grantor or trustee: individual, joint, revocable living trusts (where the grantor and trustee are the same), testamentary trusts, custodial, 529, guardianship, conservatorship, estate, usufruct, and life estate accounts; plus (2) the aggregate assets held in the following retirement Schwab Brokerage Account types over which the Basic Card Member is an owner, grantor or trustee: Traditional Individual Retirement Accounts ("IRAs"), Roth and Roth Conversion IRAs and Rollover IRAs, but excluding IRAs, Roth and Roth Conversion IRAs and Rollover IRAs that are managed by an independent investment advisor pursuant to a direct contractual relationship between the Basic Card Member and such independent investment advisor; plus (3) the aggregate assets held in the following Schwab Bank Account types over which the Basic Card Member is an owner or grantor: checking, savings, and pledged asset accounts; plus (4) the outstanding mortgage and home equity loan balances owed to Schwab Bank by the Basic Card Member. Retirement assets not held in accounts listed above are excluded.

Please allow 6 - 8 weeks after calculation for the Schwab Appreciation Bonus to be posted. To receive this benefit, your Card account must be active and not in default at the time of fulfillment. Your Schwab Brokerage and Schwab Bank Account types are described on your account statements available at www.schwab.com (or www.schwaballiance.com for clients of independent investment advisors). You can view your Schwab Brokerage and Schwab Bank balances on the Account Summary page of www.schwab.com (or www.schwaballiance.com for clients of independent investment advisors). For questions about your Qualifying Schwab Holdings, please contact Schwab at 866-385-1227. Only Qualifying Schwab Holdings, or membership in Schwab Private Wealth Services, in each case as of each Measurement Date, will be evaluated to determine eligibility for this benefit. For questions about your annual Card account renewal month, please call the number on the back of your Card.

Schwab Bank Pledged Asset Line

4. Entering into a Pledged Asset Line and pledging securities as collateral involve a high degree of risk. At any time, including in the event that the loan value of collateral is insufficient to satisfy the minimum loan value of collateral or to support the outstanding loans, Schwab Bank may demand immediate payment of all or any portion of the outstanding obligations, or require additional cash or securities to be added to the Pledged Account maintained at Charles Schwab & Co., Inc. If a Demand is not addressed, the pledged securities may be immediately liquidated without further notice to you, which may result in tax consequences.

As a non-purpose line of credit, proceeds may not be used to purchase securities, pay down margin loans, or be deposited into any brokerage account and must be used for lawful personal, commercial, or business purpose under state, federal, or other applicable laws.

Schwab Bank requires that the assets pledged as collateral for the Pledged Asset Line be held in a separate Pledged Account maintained at Charles Schwab & Co., Inc. (Schwab). Schwab Bank, in its sole discretion, will determine at any time the eligible collateral criteria and the loan value of collateral.

For Schwab Bank Home Lending: In order to participate, the borrower must agree that the lender, Rocket Mortgage^®, may share their information with Charles Schwab Bank, and Charles Schwab Premier Bank will share their information with the lender, Rocket Mortgage. Nothing herein is or should be interpreted as an obligation to lend. Loans are subject to credit and collateral approval. Other conditions and restrictions may apply. This offer is subject to change or withdraw at any time and without notice. Interest rate discounts cannot be combined with any other offers or rate discounts. Hazard insurance may be required.

5. Loans are eligible for only one IAP discount per loan. Select mortgage loans are eligible for an interest rate discount of 0.250%–1.000% based on qualifying assets of $250,000 or greater. Discount for ARMs applies to initial fixed-rate period only. Qualifying assets are based on Schwab and Schwab Bank combined account balances, including select brokerage, bank, and retirement accounts. For additional details, please visit www.Schwab.com/IAP.

The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. ("Schwab") (Member SIPC), is registered by the Securities and Exchange Commission ("SEC") in the United States of America and offers investment services and products, including Schwab brokerage accounts, governed by U.S. state law. Schwab is not registered in any other jurisdiction. Its banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides deposit and lending services and products. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons.

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