Premium Savings Account from Morgan
Stanley Private Bank, Member FDIC
Boost your savings with APY high yield savings account1
Save more with a leading rate of Annual Percentage Yield1 — 9X the national average.2 Plus, FDIC-insured up to $500,000.3
Premium Savings Account from Morgan
Stanley Private Bank, Member FDIC
Boost your savings with APY1, plus up to $1,000*
Save more with a leading rate of Annual Percentage Yield1 — 9X the national average.2 Plus, for a limited time, you can earn an exclusive cash bonus.*
Earn up to $1,000 for a limited time
Open and fund a Premium Savings Account with qualifying deposits by February 28, 2026.* Learn how
Terms apply. Use promo code: SAVE100
Explore the advantages of a Premium Savings Account
No minimum deposit
No monthly account fees
Bank Deposits FDIC-insured up to $500,000 if certain conditions are met3
Easily move money with instant transfers to and from E*TRADE brokerage accounts4
Manage your money from anywhere with our mobile app5
Free, easy-to-use tools to build your emergency savings
Plus, enjoy an Annual Percentage Yield (APY) that is 9X the national average1
| Morgan Stanley Private Bank Premium Savings Account | ||
| Bank of America Advantage Savings | 0.01% | |
| Chase Premier Savings | 0.01% | |
| Wells Fargo Way2Save Savings | 0.01% | |
| FDIC National Savings Average2 | 0.40% | |
Annual percentage yields on competitor accounts as of 10/29/20256
Rated Best Savings Account for Investors 2025
Premium Savings Account from Morgan Stanley Private Bank rated "Best Savings Account for Investors 2025" by Buy Side from WSJ7
Ways to fund your savings account
No minimum opening deposit to get started.8 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 deposit5 using our E*TRADE Mobile app or by mail.
Tips to maximize your savings
Learn how to optimize your savings to help you reach your long-term financial goals.
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.
Three ways to manage your cash more strategically
Some people don’t realize that cash is an asset class that can be managed in different ways. Here’s how to balance your short-term cash needs and long-term financial goals with cash solutions.
What's the difference between saving and investing?
Many people use the terms “saving” and “investing” interchangeably. While these two concepts are related, they aren’t exactly the same.
Earn up to $1,000 for a limited time
Open and fund a Premium Savings Account with qualifying deposits by February 28, 2026.* Learn how
Terms apply. Use promo code: SAVE100