E*TRADE from Morgan Stanley

Last Updated: 6/20/2025

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

Quick Views

Premium Savings Account: 4.00% APY(Rank 49 out of 74 tracked HYSAs)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.42% (as of 5/19/2025)

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

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 4.00% with no maintenance fees.
No minimum deposit or balance requirements.
Online-only access provides convenience.
High App Store and Google Play ratings of 4.7.

Considerations

BBB rating of F and not accredited.
No branches available for in-person banking.
Direct deposit is not required but could limit some users.
APY has not changed in the last 30 days.

Summary: E*TRADE from Morgan Stanley offers a Premium Savings Account with a competitive APY of 4.00%, no maintenance fees, and no minimum deposit requirements. However, it has an F rating from the BBB and lacks branches, which may concern some savers. The account is exclusively online, making it convenient for tech-savvy users. The lack of a direct deposit requirement may also limit access for some potential customers.

Savings Account

Savings Account Offered by E*TRADE from Morgan Stanley

Feature	Premium Savings Account
APY	4.00% (as of 6/20/2025)
APY Trend	Stable for the last month
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
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: 4.00%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $4 (3.85%)
Total contributions: $0 (0.00%)
Initial deposit: $100 (96.15%)

Your total balance

$104.00

Effective APY: 4.00% (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	4.00 %
Trend	Sideways
Slope (bps/mo)	0.0
Rate Changes / Mo	0.00
Days Since Last Change	127
High (-4 m)	4.00 %
Low (-4 m)	4.00 %
Draw-down from High	0.0 %
Volatility (CV)	0.000

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 4 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 (-4 m): Highest APY in the last 128 days.
Low (-4 m): Lowest APY in the last 128 days.
Draw-down from High: How far today sits below the 4-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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Feature	E*TRADE from Morgan Stanley	Select a bank...
Product	Premium Savings Account	N/A
APY	4.00% (as of 6/20/2025)	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