The Charles Schwab Cup
The Charles Schwab Cup is a season-long, points-based competition launched in 2001 to determine the Champions Tour’s leading player. The program rewards both consistency and top-10 finishes week-in and week-out at all official/Charles Schwab Cup events.
Prize Money
$2.1-million annuity to the top-five point earners at season’s end.
Payouts
1st $1 million
2nd $500,000
3rd $300,000
4th $200,000
5th $100,000
Points Distribution
Points are awarded to the top-10 finishers and ties in all official tournaments and are based on the money distribution for each tournament, with every $1,000 earned being the equivalent of one Charles Schwab Cup point. Points are doubled at the Champions Tour’s five major championships and at the season-ending Charles Schwab Cup Championship in October.
About Charles Schwab & Co., Inc.
The Charles Schwab Corporation (NYSE/NASD: SCH), through Charles Schwab & Co., Inc. (member SIPC), CyberTrader, Inc. and its other operating subsidiaries, is one of the nation's largest financial services firms, serving over 7 million client accounts with approximately $1 trillion in assets. Schwab provides individual investors with a complete range of stock brokerage services, mutual funds, financial planning and investment advice, retirement plans and banking products and services, through branch offices, the telephone and the Web. The Charles Schwab and CyberTrader Web sites can be reached at schwab.com and cybertrader.com, respectively.
