E*TRADE from Morgan Stanley: Savings Account & Rates

Updated: 2/21/2026

Mission: Banksparency aims to make E*TRADE from Morgan Stanley's savings account transparent and comparable to the market.

Interest rates reported as APY

Analysis of E*TRADE from Morgan Stanley

Our verdict

E*TRADE from Morgan Stanley offers Premium Savings Account, a high-yield savings account paying 3.35% APY with no minimum deposit.

At 3.35% APY, E*TRADE from Morgan Stanley pays 9x the national average (0.39%). Ranks in the top tier of 99+ accounts tracked.

Ideal User Profile

Best for: simple saving without extra requirements, banking without needing a branch, and quick transfers with Zelle.

Key Differentiators

Stands out with top-rated iOS app (4.7), highly-rated Android app (4.7), Zelle for instant transfers.

Savings Overview

Premium Savings Account

3.35% APY

30 days

↘︎ 0.15%

90 days

↘︎ 0.40%

No Minimums Online Only

Min. Deposit	$0
Min. Balance	$0+
Maintenance Fee	$0

Rank #66 of 99 tracked.

Market Reality Check

This bank offers rates below the current top tier. The best rates we track are currently above 4.15% APY.

See Top Rates

National Avg: 0.39% (FDIC, 1/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationArlington, Virginia
Founded1982
AffiliationE*Trade was acquired by Morgan Stanley in 2020. Banking products and services are provided by Morgan Stanley Private Bank, National Association, Member FDIC (NYSE: MS).
Ratings & Trust
4.7iOS 4.7Android D-BBB Not BBB Accredited (Information provided is for Morgan Stanley)
Zelle® SupportAvailable
Available for Premium Savings and Checking.
Deposit InsuranceFDIC Insured(Cert: 34221)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$0
Min. Balance in Savings Account	$0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.6

The 4.21% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

PREMIUM ACCOUNT, GENEROUS BONUS

SponsoredVerified Feb 21, 2026

FDIC Insured

CIT Bank - Platinum Savings

Competitive APY - with a balance of $5,000+
Earn up to $300 bonus with qualifying deposit
Highly rated mobile apps

FDIC Insured

Savings3.75%APY

Up to$300Bonus

Go to CIT Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$5,000
Mobile Ratings	iOS:4.8 Android:4.7

This is a tiered savings account, where the 3.75% APY requires meeting the $5,000 balance requirement. Lower balances earn an APY of 0.25%.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Feb 21, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.50%APY

Go to Quontic Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$0
Mobile Ratings	iOS:4.8 Android:4.8

Top Market Contenders

Discover Bank

3.30% APY

vs. E*TRADE from Morgan Stanley

Ally Bank

3.20% APY

vs. E*TRADE from Morgan Stanley

CIT Bank

3.75% APY

vs. E*TRADE from Morgan Stanley

Popular Peer Comparisons

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Savings Account: In-Depth View

Savings Account Offered by E*TRADE from Morgan Stanley

Feature	Premium Savings Account
APY	3.35%Verified: 2/21/2026
APY Trend	30 days ↘︎ 0.15% 90 days ↘︎ 0.40%
Min. Deposit	$0
Min. Balance	$0+
Monthly Fee	$0
Direct Deposit	None
Checking Bundle	No
Branch Access	None
Compounding	Daily
FDIC Insured	Yes
Eligibility	United States
Next Steps	-

Calculate Savings for E*TRADE from Morgan Stanley

All calculations are based on APY.

Selected Product

Premium Savings Account3.35% APY

Initial Deposit

Recurring Deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$1,302.40(8.5%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$15,302.40

Effective APY

3.35%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

E*TRADE from Morgan Stanley Savings Rates Over Time

Historical APY Insights

Last 12 Months

Metric	Premium Savings Account
Latest APY	3.35%
Trend	Falling
Slope (bps/mo)	-5.4
Rate Changes / Mo	0.25
Days Since Last Change	18
High (-12m)	4.00%
Low (-12m)	3.35%
Draw-down	-16.2%
Volatility (CV)	0.058

How to read these metrics▼

Trends & Velocity

Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
Slope (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
Rate Changes / Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

High/Low: The absolute ceiling and floor of the rate during the 365-day window.
Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.

Compare with E*TRADE from Morgan Stanley

Feature	Current View E*TRADE from Morgan Stanley	Empty Slot
Product	Premium Savings Account	-
APY	3.35%Verified: 2/21/2026	-
APY Trend	30 days ↘︎ 0.15% 90 days ↘︎ 0.40%	-
Min. Deposit	$0	-
Monthly Fee	$0	-
Direct Deposit	No	-
Checking Bundle	No	-
Branch Access	None	-
Eligibility	United States	-
Compounding	Daily	-
FDIC Insured	Yes	-
Next Steps	-	-

Bank-to-Bank Comparisons

Compare E*TRADE from Morgan Stanley's APY of 3.35% with other banks

Bank Pair	Competitor APY	Min Deposit
E*TRADE from Morgan Stanley vs Ally Bank	3.20%	$0
E*TRADE from Morgan Stanley vs American Express	3.30%	$0
E*TRADE from Morgan Stanley vs Axos Bank	4.21%	$0
E*TRADE from Morgan Stanley vs Bank of America	0.01%	$100
E*TRADE from Morgan Stanley vs Barclays	3.85%	$0
E*TRADE from Morgan Stanley vs Capital One	3.30%	$0
E*TRADE from Morgan Stanley vs Chase Bank	0.01%	$0
E*TRADE from Morgan Stanley vs Chime	3.00%	$0
E*TRADE from Morgan Stanley vs CIT Bank	3.75%	$100
E*TRADE from Morgan Stanley vs Citibank	3.20%	$0
E*TRADE from Morgan Stanley vs Discover Bank	3.30%	$0
E*TRADE from Morgan Stanley vs EverBank	3.90%	$0
E*TRADE from Morgan Stanley vs Marcus by Goldman Sachs	3.65%	$0
E*TRADE from Morgan Stanley vs Newtek Bank	4.20%	$0.01
E*TRADE from Morgan Stanley vs Openbank	4.09%	$500
E*TRADE from Morgan Stanley vs Pibank	4.60%	$0
E*TRADE from Morgan Stanley vs SoFi Bank	4.00%	$0
E*TRADE from Morgan Stanley vs Synchrony Bank	3.50%	$0
E*TRADE from Morgan Stanley vs Varo Bank	5.00%	$0
E*TRADE from Morgan Stanley vs Wealthfront	3.95%	$0
E*TRADE from Morgan Stanley vs Wells Fargo	0.05%	$25