Premium Savings Account from Morgan Stanley Private Bank
Rates are up. Enjoy 1.40% APY1
Take advantage of a rate 20X the national average2, with no minimum deposit, and FDIC protection up to $500,000.
Boost your savings today
What you get with a Premium Savings Account
Free, easy-to-use tools to build your emergency savings
Bank Deposits insured up to $500,000
Manage your money from anywhere with our best-in-class mobile app3
Easily move money between accounts with Transfer Money service4,5
No minimum monthly account fee.
Ways to fund
No minimum opening deposit to get started. There are four easy ways to fund your account.
Transfer money
Up to three business days4
Transfer Money is a free service that allows you to move money between your accounts and from outside financial institutions.
Wire transfer
Same business day
A wire transfer is an electronic transfer of money between accounts, including accounts at different financial institutions.
Transfer an account
10+ business days
Transferring an account simply means moving all of your assets (cash and securities) from an outside financial institution to E*TRADE or Morgan Stanley Private Bank.
Deposit a check
Up to five business days
Choose from two convenient ways to deposit checks into your account: by mobile check deposit6 using our E*TRADE Mobile app or by mail.
Choosing a bank account
Not sure which bank account to choose? We offer other bank accounts that are fully integrated with an E*TRADE Securities account.
Saving vs. Investing
Both are ways to help you reach your short and long-term goals. Learn the differences so you can choose wisely.
Real help from real people
Let’s make your money work harder together. Our team is always available if you have questions or need help.
FDIC Insured