Morgan Stanley Private Bank
Earn a boosted 3.75% APY, plus up to $2,0001,2
Get 3.75% APY for 6 months plus a cash bonus up to $2,000 with a new Premium Savings Account. Afterward, you'll earn our base rate, which is currently —8X the national average.3
Use promo code: SAVE26
How it works
1
Open account
Open a new Premium Savings Account on etrade.com by March 11, 2026 using promo code SAVE26.
2
Make a deposit
Add funds to earn a boosted 3.75% APY for 6 months. Plus, you'll earn a cash bonus when you deposit at least $20,000 of qualifying new money within the first 30 days of account opening.
3
Get rewarded!
Maintain your balance for 45 additional days after the 30-day funding period ends to earn your cash bonus.
Grow your savings with 3.75% APY — 9X the national average4
See how our market-leading rates stack up.
Bank of America Advantage Savings
Chase Premier Savings
Wells Fargo Way2Save Savings
FDIC National Savings Average
Fund more. Earn more.
| Deposit | Cash Bonus |
|---|---|
| $20,000 - $49,999 | $300 |
| $50,000 - $74,999 | $750 |
| $75,000 - $99,999 | $1,000 |
| $100,000 - $199,999 | $1,500 |
| $200,000 or more | $2,000 |
What you get with a Premium Savings Account
Easily move money with instant transfers to and from E*TRADE brokerage accounts
No minimum deposit or monthly account fees
Bank Deposits FDIC-insured up to $500,000 if certain conditions are met6
Explore our other offers
Certificates of Deposit
Lock in a fixed rate up to APY7,8
Open and fund a new Bank CD account to secure a market-leading rate that is fixed regardless of what happens in the markets.
Checking Offer
Promo code: CHECKING25
Get $300 for a limited time when you open a checking account with qualifying deposits with code CHECKING25. Terms apply.9
Frequently asked questions
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It’s easy. Simply open a new Premium Savings Account from Morgan Stanley Private Bank, National Association, Member FDIC, by the 3/11/2026 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.
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Yes! To enroll in the cash bonus, be sure to enter promo code SAVE26 when you open your new Premium Savings Account. You’ll get a cash bonus up to $2,000 based on the amount of qualifying funds you deposit. (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 the offer details below for complete information.
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Any funds you deposit in your new Premium Savings Account will earn the boosted rate for six months from the date you opened the account. When the six month period ends, you’ll earn our competitive standard rate, which is currently well above the national average.
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Any account balances up to $10,000,000 will qualify for the boosted rate. In the event that your account balance exceeds the $10,000,000 maximum balance, the entire balance in your account may earn our standard rate starting 30 days after and continuing for the remainder of the promotion period.
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With this offer, you lock in the fixed boosted rate for six months from the date you opened the account, regardless of what happens with the standard rate.