High-Yield Savings Account Comparison

Barclays vs. E*TRADE from Morgan Stanley

Comparing Barclays and E*TRADE from Morgan Stanley for high-yield savings: Barclays's Tiered Savings pays 3.85% APY while E*TRADE from Morgan Stanley's Premium Savings Account pays 3.35% APY.

See how they compare on rate stability, mobile app ratings, and more below.

Analysis by Aviel Fahl
Updated March 24, 2026

The Bottom Line

Who pays more interest on $10,000? Barclays pays $35 more than E*TRADE from Morgan Stanley annually ($370 vs $335).

Choose Barclays if getting the best rate matters most, or BBB rating matters to you. Choose E*TRADE from Morgan Stanley if you want Zelle for quick transfers.

Comparison of Barclays vs E*TRADE from Morgan Stanley savings accounts
Metric

Barclays

Tiered Savings

Mar 24, 2026

E*TRADE from Morgan Stanley

Premium Savings Account

Mar 24, 2026
APY3.70% - 3.85%3.35%
Est. Earnings
$5,000+$185
$10,000+$370
$25,000+$925
$5,000+$168
$10,000+$335
$25,000+$838
Min Deposit
$0$0

Snapshot view. Rates subject to change.

Terms
The 3.85% APY is only available for balances over $250,000. For lower balances, the APY is 3.70%.-
Features
FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppDaily 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.

See Top Rates

Comparison Analysis

Comparing Barclays vs. E*TRADE from Morgan Stanley

Updated: Mar 24, 2026

Executive Summary

Barclays offers a Tiered Savings account with a competitive APY of 3.85% for balances over $250,000, while lower balances earn 3.70%. This account is online-only and has no maintenance fees or direct deposit requirements. In comparison, E*TRADE from Morgan Stanley provides a Premium Savings Account with an APY of 3.35%, also online-only, and with no minimum balance or maintenance fees. While Barclays's higher yield makes it more attractive for larger deposits, E*TRADE's account is simpler for those with smaller balances.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Why Barclays?

  • Higher potential APY (3.85% vs 3.35%) on all balances

Why E*TRADE from Morgan Stanley?

  • No checking account or direct deposit required
  • Fast transfers via Zelle®

— Key Feature Differences —

Better Returns at $10,000
Barclays

Barclays's Tiered Savings earns more on smaller deposits (approx. $370 vs $335/yr).

Better Returns at $25,000
Barclays

Barclays's Tiered Savings pulls ahead with larger amounts (approx. $925 vs $838/yr).

Best for Simplicity
E*TRADE from Morgan Stanley

E*TRADE from Morgan Stanley's Premium Savings Account offers 3.35% APY with no bundling, direct deposit requirement or caps.

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Barclays's Tiered Savings pays $35 more interest on a $10,000 balance than E*TRADE from Morgan Stanley's Premium Savings Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

E*TRADE from Morgan StanleyBarclays
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Barclays

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Verify At
E*TRADE from Morgan Stanley

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Top Market Contenders

Barclays vs. E*TRADE from Morgan Stanley Savings Calculator

Calculations based on current APY for Tiered Savings and Premium Savings Account
$
$

You earn $35 more with Barclays than E*TRADE from Morgan Stanley 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.

Barclays

Tiered Savings

3.85% APY

Higher APY requires $250,000

Savings Breakdown

  • Interest Earned
    +$370.00(3.6%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,370.00

Effective APY
3.70%

E*TRADE from Morgan Stanley

Premium Savings Account

3.35% APY

Savings Breakdown

  • Interest Earned
    +$335.00(3.2%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,335.00

Effective APY
3.35%

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 $334 per year in interest.

Both Barclays and E*TRADE from Morgan Stanley dramatically outperform the typical 0.01% APY at traditional big banks.

Big banks currently pay 0.01% APY on savings vs 3.35%+ here
FeatureBarclaysE*TRADE from Morgan Stanley
APY
3.85%
Range: 3.70% - 3.85%
Verified: 3/24/2026
↘︎ 0.15%90d Change
3.35%
Verified: 3/24/2026
↘︎ 0.15%90d Change
Product NameTiered SavingsPremium Savings Account
Minimum Deposit$0$0
Min. Balance for APY$250,000$0+
Monthly Fee$0$0
Compound FrequencyDailyDaily
Branch AccessNoneNone
Account Type
Online Only
Online Only
Physical BranchesNoneNone
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.7
iOS4.7
Android4.7
FDIC Insured
Zelle® Support
Not Supported
Available
Available for Premium Savings and Checking.
BBB RatingA+D-
Important NotesThe 3.85% APY is only available for balances over $250,000. For lower balances, the APY is 3.70%.-
Next Steps
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📈 Compare Savings Rates Over Time

Historical Performance

Last 12 Months Analysis
MetricBarclaysE*TRADE from Morgan Stanley
Tiered SavingsOnline SavingsPremium Savings Account
Current APY
3.85%3.50%3.35%
Trend
Stable Stable Stable
Velocity (bps/mo)
-3.5-2.6-6.5
Days Since Change
323249
12-Month High
4.40%3.90%4.00%
12-Month Low
3.85%3.50%3.35%
Adjustments / Mo
0.580.490.25
Volatility Score
0.0330.0260.067
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 365-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare Barclays' APY of 3.85% with other banks
Compare E*TRADE from Morgan Stanley's APY of 3.35% with other banks