Earn $400,¹ plus up to 2.00% APY²

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.

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.

After the first 90 days from account opening, your status to receive the bonus will be assessed and processed, which can take up to 30 days. This means, if all requirements are met, you can expect your bonus to be deposited in your account on or about the 120th day from account opening.

See footnotes for additional details on offer eligibility and qualifications.