Home Banks E*TRADE from Morgan Stanley High-Yield Savings E*TRADE Premium Savings Account

E*TRADE Premium Savings Account

Check Rates & Apply at E*TRADE from Morgan Stanley ↗

About E*TRADE from Morgan Stanley High-Yield Savings

The E*TRADE Premium Savings Account delivers a highly reliable 4.25% APY with $0 minimums and extended FDIC coverage up to $2 million ($4 million for joint accounts).

Features

Annual Fee	$0 Monthly Fee
Regular APR / Rate	N/A
Intro Offer / Welcome Bonus	Instant Transfers to E*TRADE Brokerage
Savings APY / AER	4.25% APY
Minimum Deposit	$0 Minimum Deposit
Foreign Transaction Fee	None
Deposit Insurance	Up to $2M FDIC Insurance
Mobile App Rating	4.7 / 5

Pros

Huge tiered cash sign-up/transfer bonuses from $100 up to $10,000 on new deposits
4.25% APY Premium Savings Account with up to $2M FDIC insurance via Morgan Stanley Private Bank
Power E*TRADE platform + negotiable margin rates for active & high-net-worth clients
$0 monthly fee Max-Rate Checking with unlimited worldwide ATM fee refunds

Cons

Standard posted rack margin rates are high unless negotiated with an E*TRADE relationship manager
Top bonus tiers require substantial new asset transfers ($50k–$2M+)