Premium Savings Account from Morgan Stanley Private Bank

Rates are up. Enjoy 4.25% APY1

Take advantage of a rate 9X the national average2, with no minimum deposit, and FDIC protection up to $500,000.3

Boost your savings today

Premium Savings Account from Morgan Stanley Private Bank rated

Best Savings Account for Investors

by Buy Side from WSJ4

What you get with a Premium Savings Account

Free, easy-to-use tools to build your emergency savings

Bank Deposits insured up to $500,0003

Manage your money from anywhere with our mobile app

Easily move money between accounts with Transfer Money service5,6

No minimum monthly account fee.


Enjoy a rate that is 9x the national average

Morgan Stanley Private Bank Premium Savings Account
Bank of America Advantage Savings
Chase Premier Savings
Wells Fargo Way2Save Savings
FDIC National Savings Average2

Annual percentage yields on competitor accounts as of 9/20/237

Ways to fund

No minimum opening deposit to get started.8 There are four easy ways to fund your account.

Transfer money

Up to three business days5

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 deposit9 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 brokerage account for easier money management.

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.

Start saving today


Opening a savings account is quick and easy.

Open an account

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FDIC Insured