E*TRADE from Morgan Stanley savings and CD rates, reviewed
E*TRADE from Morgan Stanley advertises 3.50% APY on its Premium Savings Account. That is 312 basis points above the national savings average of 0.38% (FDIC, Aug 2026).
Ranked #72 of 337 tracked savings rates. It was #85 three months ago. The bank has cut this rate 2 times in the last 12 months.
Estimate your earnings →·What E*TRADE from Morgan Stanley actually pays →
E*TRADE from Morgan Stanley at a glance
| Top savings APY | 3.50% · Premium Savings Account |
|---|---|
| Top CD APY | 4.35% · 60 months |
| Minimum deposit | $0 |
| FDIC certificate | 34221 · Purchase, NY |
| Website | us.etrade.com/home |
| Branches | 1 branch in NY |
| Availability | Nationally available |
E*TRADE from Morgan Stanley savings and CD rates
Rates are APY. The national savings average is 0.38% (FDIC, Aug 2026). The top tracked savings rate on Banksparency is 5.00%.
E*TRADE from Morgan Stanley CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 6 months | 4.05% | $0 | 6-Month Certificates of Deposit |
| 9 months | 4.10% | $0 | 9-Month Certificates of Deposit |
| 12 months | 4.15% | $0 | 12-Month Certificates of Deposit |
| 18 months | 4.25% | $0 | 18-Month Certificates of Deposit |
| 24 months | 4.30% | $0 | 24-Month Certificates of Deposit |
| 36 months | 4.35% | $0 | 36-Month Certificates of Deposit |
| 60 months | 4.35% | $0 | 60-Month Certificates of Deposit |
Interactive Tool
Calculate Savings for E*TRADE from Morgan Stanley
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,363.30(8.9%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,363.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What E*TRADE from Morgan Stanley pays on deposits
ℹ️ E*TRADE from Morgan Stanley deposits are held at MORGAN STANLEY PRIVATE BK NA; the figures below cover that legal entity's entire deposit base.
In Q1 2026, E*TRADE from Morgan Stanley paid a higher average rate than 64% of U.S. banks (all-bank median 2.27%).
- E*TRADE from Morgan Stanley, avg rate paid
- All-bank median
Average annualized rate paid on interest-bearing deposits, quarterly. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated.
So what is the catch?
| Product | Min to open | Min to earn | Monthly fee | Direct deposit | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|
| Premium Savings Account | $0 | $0 | $0 | Not required | Variable |
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
✓ Every requirement above is explicit: no minimum, no fee, no direct deposit (observed Aug 21, 2026).
Opening and using the account
| Availability | Nationally available |
|---|---|
| Footprint | 1 branch in NY |
| App ratings | 4.7 iOS · 4.7 Android |
| Zelle | Available |
| Eligibility | not stated |
How E*TRADE from Morgan Stanley behaves over time
Over the last 12 months the advertised Premium Savings Account rate ranged from 3.25% to 4.00%; it now sits 50 basis points below that high (observed through Aug 21, 2026). The series includes promotional tiers where one applied.
Banksparency observed 2 cuts to E*TRADE from Morgan Stanley's advertised savings rate in the last 12 months, a period with 3 Federal Reserve cuts.
Recent rate changes, as observed
- Obs. Aug 13, 202612-Month Certificates of Deposit▼ 4.40% → 4.15%
- Obs. Aug 3, 20269-Month Certificates of Deposit▼ 4.35% → 4.10%
- Obs. Aug 3, 202636-Month Certificates of Deposit▲ 4.00% → 4.35%
- Obs. Jul 30, 202612-Month Certificates of Deposit▲ 4.35% → 4.40%
- Obs. Jul 22, 20269-Month Certificates of Deposit▲ 4.10% → 4.35%
- Premium Savings Account APY
- Effective federal funds rate
- Fed rate cut
E*TRADE from Morgan Stanley CD rates over time
Who is E*TRADE from Morgan Stanley?
| Headquarters | Purchase, NY |
|---|---|
| Scale | $241.4B assets · $205.8B deposits (Q1 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 34221 |
| 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). |
Financial detail is in What E*TRADE from Morgan Stanley pays on deposits above.
Common questions about E*TRADE from Morgan Stanley
Is E*TRADE from Morgan Stanley FDIC insured?
Yes. E*TRADE from Morgan Stanley is FDIC insured under certificate 34221, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at E*TRADE from Morgan Stanley?
E*TRADE from Morgan Stanley requires no minimum deposit to open its Premium Savings Account, as observed on Aug 21, 2026. Check the bank's current terms before you open an account.
Does E*TRADE from Morgan Stanley have branches?
Yes. E*TRADE from Morgan Stanley operates 1 branch according to FDIC branch records, in addition to its website and mobile apps.
E*TRADE from Morgan Stanley against its closest alternatives
| Bank | Savings APY | Rate paid (Q1 2026) | Min deposit | Branches |
|---|---|---|---|---|
| E*TRADE from Morgan Stanley | 3.50% | 2.50% | $0 | 1 branch in NY |
| Capital One | 3.50% | 3.03% | $0 | 255 branches across 9 states |
| Northeast Bank | 3.50% | 3.64% | $2,500 | 9 branches in ME |
| U.S. Bank | 3.50% | 2.12% | $25 | 2,099 branches across 29 states |
Alternatives are the three tracked banks whose best savings APY is closest to E*TRADE from Morgan Stanley's.
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Rate hubs: today's best savings rates, and CD rates by term.