E*TRADE from Morgan Stanley: Savings Accounts & Rates

Savings rates updated: 8/15/2025

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: 4.00% APY(Rank 52 out of 81 tracked HYSAs)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.38% (as of 7/21/2025)

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 4.00%, stable over the last 30 days
No minimum deposit or balance requirements
No monthly maintenance fees
High app and Google Play ratings of 4.7

Considerations

BBB rating of F, not accredited
No physical branches available
Online-only access may not suit all users
No direct deposit requirement may limit some features

Summary: E*TRADE from Morgan Stanley offers a Premium Savings Account with a competitive APY of 4.00%, no minimums, and no fees. However, the bank has an F rating from the BBB and lacks physical branches, which may deter some savers. With high ratings on app platforms, it appeals to tech-savvy users. Overall, it provides a solid online savings option despite its drawbacks.

Savings Account: In-Depth View

Savings Account Offered by E*TRADE from Morgan Stanley

Feature	Premium Savings Account
APY	4.00% (as of 8/15/2025)
APY Trend	Stable for the last quarter
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: 4.00%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,568.1 (10.07%)
Total contributions: $13,000 (83.50%)
Initial deposit: $1,000 (6.42%)

Your total balance

$15,568.10

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	179
High (-6 m)	4.00 %
Low (-6 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 6 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 (-6 m): Highest APY in the last 184 days.
Low (-6 m): Lowest APY in the last 184 days.
Draw-down from High: How far today sits below the 6-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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Presidential Bank - 4.00-4.50% APY
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TD Bank - 0.05-3.00% APY
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TIMBR - 4.40% APY
UFB Direct - 4.01-4.21% APY
Upgrade - 4.02% APY
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Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	E*TRADE from Morgan Stanley	Select a bank...
Product	Premium Savings Account	N/A
APY	4.00% (as of 8/15/2025)	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