Problems with Charles Schwab
System Member admin
edited January 2022 in Download, Add/Update Accounts (Windows)
This discussion was created from comments split from: Copy of Letter from Quicken CEO 12-3-2021 (Schwab Issue and etc.).
Is the true villain Schwab? I now get message saying my downloaded Schwab accounts are completed and successful but it says 0 transactions for each account and the securities balances do not match Quicken in some of them now as well. I did successfully re-authorize my accounts last week and am on the latest mondo patch etc. All of us with Schwab accounts still need help! I have been a Quicken user for 30 years.0
Yes. Schwab is the true villain. Schwab decided not to renew their contract with Intuit for the Direct Connect service to save money. Instead, Schwab decided to only support the unreliable Express Web Connect connection method. I suggest you consider maintaining the accounts offline until you are convinced Intuit has managed to resolve the issues with Schwab or move your accounts to a financial institution that supports the Direct Connect or the Web Connect connection methods.0
I took me three download tries to get my Schwab transactions to show up in quicken. Also Long and short term gains showed up as Return of Capital (RTrnCap) in quicken. I am not a happy camper.0
ronperk said:I took me three download tries to get my Schwab transactions to show up in quicken. Also Long and short term gains showed up as Return of Capital (RTrnCap) in quicken. I am not a happy camper.0
I believe the problem is an Intuit problem. I had a similar problem downloading transactions from a bank that uses web express when the changes for Schwab were put in. Ultimately, I started a new QDF file and the problems went away with both institutions. I lost some G/L history, but it is available in Schwab.0
I am still being asked to reauthorize Schwab every day. And no I don't have any hidden accounts.0
This discussion has been closed.