E*TRADE from Morgan Stanley: Savings Accounts & Rates

Savings rates updated: 10/1/2025

Mission statement: Banksparency aims to make E*TRADE from Morgan Stanley's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

Note: Interest rates below are reported as APY, or Annual Percentage Yield

We earn a commission if you open an account through some links on this page.

Savings Overview

Premium Savings Account: 3.75% APY(Rank 62 out of 83 tracked HYSAs)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.4% (as of 9/15/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: Arlington, Virginia

Founded: 1982

Affiliation: E*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).

Access to Branches: None

Deposit Insurance: FDIC Cert # 34221

BBB Rating: F (Not BBB Accredited. Information provided is for Morgan Stanley.)

App Store Rating: 4.7/5

Google Play Rating: 4.7/5

Website: Visit E*TRADE from Morgan Stanley

Our Take on E*TRADE from Morgan Stanley

Highlights

Current APY of 3.75%, down from 4.00% last month.
No minimum deposit or balance requirements.
Zero monthly maintenance fees.
High App Store and Google Play ratings of 4.7.

Considerations

BBB rating of F and not accredited.
No physical branches available.
Online-only account may limit access for some users.
Direct deposit not required but may deter some customers.

Summary: E*TRADE from Morgan Stanley offers a Premium Savings Account with a competitive APY of 3.75%, although it has decreased from 4.00% in the last month. The account has no minimum deposit or maintenance fees, making it accessible for many savers. However, the bank's F rating from the BBB and lack of physical branches may raise concerns for some customers. The account is online-only, which may not suit everyone.

Savings Account: In-Depth View

Savings Account Offered by E*TRADE from Morgan Stanley

Feature	Premium Savings Account
APY	3.75% (as of 10/1/2025)
APY Trend	-0.25% MoM
Minimum Deposit	$0
Minimum Balance for APY	$0+
FDIC-insured	Yes
Online Only	Yes
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Daily
Maintenance Fee	$0
Eligibility	United States
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for E*TRADE from Morgan Stanley

All calculations are based on APY.

Savings Product:

Premium Savings Account (APY: 3.75%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,465.4 (9.48%)
Total contributions: $13,000 (84.06%)
Initial deposit: $1,000 (6.47%)

Your total balance

$15,465.40

Effective APY: 3.75% (based on your deposit and contributions)

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

Metric	Premium Savings Account
Latest APY	3.75 %
Trend	Sideways
Slope (bps/mo)	-0.8
Rate Changes / Mo	0.13
Days Since Last Change	8
High (-8 m)	4.00 %
Low (-8 m)	3.75 %
Draw-down from High	-6.3 %
Volatility (CV)	0.013

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 8 months (regression slope).
Slope (bps/mo): Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo: Typical number of APY moves per month.
Days Since Last Change: Recency of the latest APY adjustment.
High (-8 m): Highest APY in the last 229 days.
Low (-8 m): Lowest APY in the last 229 days.
Draw-down from High: How far today sits below the 8-month peak.
Volatility (CV): Coefficient of variation = stdev ÷ mean.

Why Track Savings-Account APYs?

See how quickly a bank reacts to Fed moves or competition.
Gauge “twitchiness” - frequent moves can annoy savers.
Spot if you're buying near a peak (draw-down) or riding a rise.
Slope (bps/mo) shows speed of change.
Volatility (CV) scales jumps by average level.

Compare E*TRADE from Morgan Stanley's Savings Account

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Western Alliance Bank - 4.10% APY
Zynlo Bank - 4.35% APY

Feature	E*TRADE from Morgan Stanley	Select a bank...
Product	Premium Savings Account	N/A
APY	3.75% (as of 10/1/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Daily	N/A
Minimum Deposit	$0	N/A
Minimum Balance for APY	$0+	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A