Morgan Stanley Private Bank

Yes, all Morgan Stanley Private Bank accounts are insured. See below for details.

*Morgan Stanley Private Bank, National Association ("MSPBNA”)’s Premium Savings Account offers an enhanced Federal Deposit Insurance Corporation ("FDIC") coverage feature (“Enhanced FDIC Coverage Feature”, or, the “Feature”) which gives MSPBNA the ability to transfer any amount held on deposit in your Premium Savings Account (“PSA Deposits”) to other depository accounts at FDIC member banks (“Program Banks”) with the purpose of providing you additional FDIC insurance coverage. The Feature is designed to offer up to 500,000 in FDIC coverage for individual accounts and up to1,000,000 for joint accounts. Learn more.

As of , the Annual Percentage Yields (APY) and Interest Rates of the Morgan Stanley Private Bank, National Association, Member FDIC accounts are:

Premium Savings Account

Certificates of Deposit

Max-Rate Checking Account

Please visit etrade.com/ratesheet for more information regarding the current interest rates and corresponding APYs.

It’s easy. Simply open a new Premium Savings Account from Morgan Stanley Private Bank, National Association, Member FDIC, by the 1/10/2027 offer expiration date. Any funds you deposit up to the $10,000,000 maximum balance amount will automatically earn the boosted rate for six months from the account opening date. Afterward, you’ll continue to earn our base rate, which you can find on etrade.com/ratesheet. If your account balance exceeds $10,000,000 at any time, the entire account balance may earn the base rate.

Yes! To enroll in the cash bonus, be sure to enter promo code SAVE800 when you open your new Premium Savings Account. You'll get a cash bonus up to $800 based on a deposit of at least $20,000. (Note: your deposit must be received within 30 days of account opening.) In addition, you'll earn the boosted rate on your cash for six months. Please see offer details below for complete information.

This offer is valid only for one individual or jointly owned Max-Rate Checking account newly opened from 10/20/2026 - 01/10/2027 and funded within 90 days of account opening.

You are not eligible if you have or had owned or co-owned (joint) a Max-Rate Checking or Checking Account within the last 12 months from when you enroll in this offer. View full offer eligibility details below.

Yes. To enroll in both offers, you’ll need to open each account separately through the online account opening process. When opening each account, enter the applicable promo code: SAVE800 for Premium Savings Account and MAXRATE26 for Max-Rate Checking. Please see the offer details below for complete information.

In connection with this offer, a Direct Deposit means a regular recurring deposit of income to an account holder’s Max-Rate Checking account, such as salary, pension, government payments (such as social security) from your employer, payroll or benefits provider or government agency, that occurs through the Automated Clearing House (ACH) Network. At least two Direct Deposits each of $1,500 or more within the 90 days of account opening are required to earn the bonus for this offer.

Direct Deposits that are not regular recurring deposits of income do not constitute Direct Deposit activity. This includes but is not limited to: incoming wires, check deposits, mobile check deposits, person to person transfers payments (P2P) (e.g., transfers from PayPal, Venmo, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), Zelle® incoming payments, Real-Time Payment network transactions, Transfer Money transactions, funds transfers initiated using E*TRADE from Morgan Stanley’s website or mobile app, internal transfers (e.g. from another bank account held at Morgan Stanley Private Bank, National Association, Member FDIC or from another brokerage account held at Morgan Stanley Smith Barney), deposit account to deposit account transfers (for example, from a checking account to another checking account or from a savings account to a checking account), deposits or ACH transfers not from an employer or the government (e.g., online transfers, bank transfers or brokerage transfers).

Morgan Stanley Private Bank, National Association, Member FDIC may, in its sole discretion, assess each account holder’s Direct Deposit activity to determine eligibility and may require additional documentation to complete this verification.

Setting up direct deposit is simple. In a few easy steps you can automatically move your employer payroll or social security deposit to your Max-Rate Checking account. Our new automated deposit switching tool can make it easier to make the switch.

You can also set up direct deposit directly with your employer or payment provider. They will need your checking or savings account number and routing number, and may also ask for your account type, which is checking, and the name of the financial institution: Morgan Stanley Private Bank. If your employer accepts a direct deposit form, you can also download by clicking here.

For more information visit www.etrade.com/directdeposit or contact our customer service team at 800-387-2331.

You can quickly find your account number online by logging on. You can find your account and routing number on your Complete View page and clicking Quick Links.
If you’re on the mobile app, you can find your account number by clicking Menu > Transfer > Set Up Direct Deposit.

You can always find your account and routing numbers on the checks associated with your account. For your reference, the routing number for Morgan Stanley Private Bank checking accounts is 256072691.

Choose the method that works best for you:

1. Transfer money electronically: Use our Transfer Money service to transfer within 3 business days.
2. By check: You can easily deposit many types of checks.
3. By wire transfer: Wire transfers are fast and secure.
4. Transfer an account: Move an account from another firm.
5. Direct deposit: Automatically deposit your paycheck and other recurring income to your Morgan Stanley Private Bank checking or savings accounts or your E*TRADE brokerage account.

Go now to fund your account.