Household Bank is developing a cobranded Visa card for Charles Schwab Corp., the discount brokerage with 2.5 million customers.

The unit of Household International Inc. has already issued a relative handful of cards to Schwab clients who had held affinity cards issued by Bank America Corp.'s Seafirst subsidiary.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.