Ally Bank vs. E*TRADE from Morgan Stanley
E*TRADE from Morgan Stanley edges out Ally Bank slightly at 3.35% vs 3.30% APY. On a $10,000 balance, the difference is just $5 per year—so other factors may matter more.
The Bottom Line
The Ally Bank and E*TRADE from Morgan Stanley savings accounts are very similar. Choose Ally Bank if BBB rating matters to you.
| Metric | Ally BankSavings Account Feb 6, 2026 | E*TRADE from Morgan StanleyPremium Savings Account Feb 6, 2026 |
|---|---|---|
| APY | 3.30% | 3.35% |
Est. Earnings | $5,000+$165 $10,000+$330 $25,000+$825 | $5,000+$168 $10,000+$335 $25,000+$838 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.
Comparison Analysis
Comparing Ally Bank vs. E*TRADE from Morgan Stanley
Executive Summary
E*TRADE from Morgan Stanley offers a Premium Savings Account with a competitive APY of 3.35%, making it the higher-yield option compared to Ally Bank's Savings Account, which has an APY of 3.30%. Both accounts require no minimum deposit and have no maintenance fees, and they are exclusively available online. While both banks provide attractive savings options, E*TRADE's slightly higher APY positions it as the preferred choice for savers looking to maximize their interest earnings.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Ally Bank?
No distinct advantages found vs E*TRADE from Morgan Stanley.
Why E*TRADE from Morgan Stanley?
No distinct advantages found vs Ally Bank.
Shared Benefits
Over a 1-year period, E*TRADE from Morgan Stanley's Premium Savings Account pays $5 more interest on a $10,000 balance than Ally Bank's Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Ally Bank vs. E*TRADE from Morgan Stanley Savings Calculator
You earn $5 more with E*TRADE from Morgan Stanley than Ally Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Ally Bank
Savings Account
Savings Breakdown
- Interest Earned+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
E*TRADE from Morgan Stanley
Premium Savings Account
Savings Breakdown
- Interest Earned+$335.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,335.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $329 per year in interest.
Both Ally Bank and E*TRADE from Morgan Stanley dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Ally Bank | E*TRADE from Morgan Stanley |
|---|---|---|
| APY | 3.30% Verified: 2/6/2026 Stable (90d) | 3.35% Verified: 2/6/2026 ↘︎ 0.40%90d Change |
| Product Name | Savings Account | Premium Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0+ |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | N/A | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Limit: $5,000/dayBenchmark for online Zelle; high limits. | Available Available for Premium Savings and Checking. |
| BBB Rating | A+ | D- |
| Next Steps | Visit SiteVerify at Ally Bank Non-sponsored link to official site | Visit SiteVerify at E*TRADE from Morgan Stanley Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Ally Bank | E*TRADE from Morgan Stanley |
|---|---|---|
| Savings Account | Premium Savings Account | |
Current APY | 3.30% | 3.35% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.9 | -4.9 |
Days Since Change | 98 | 3 |
12-Month High | 3.70% | 4.00% |
12-Month Low | 3.30% | 3.35% |
Adjustments / Mo | 0.34 | 0.25 |
Volatility Score | 0.041 | 0.052 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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