Chase Bank vs. E*TRADE from Morgan Stanley
Comparing Chase Bank and E*TRADE from Morgan Stanley for savings: Chase Bank's Chase Savings℠ pays 0.01% 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.
The Bottom Line
Who pays more interest on $10,000? E*TRADE from Morgan Stanley pays $334 more than Chase Bank annually ($335 vs $1).
Choose Chase Bank if BBB rating matters to you, or you value in-person banking. Choose E*TRADE from Morgan Stanley if getting the best rate matters most.
| Metric | Chase BankChase Savings℠ Feb 6, 2026 | E*TRADE from Morgan StanleyPremium Savings Account Feb 6, 2026 |
|---|---|---|
| APY | 0.01% | 3.35% |
Est. Earnings | $5,000+$1 $10,000+$1 $25,000+$3 | $5,000+$168 $10,000+$335 $25,000+$838 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedStable Rate | 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 Chase 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%, significantly higher than Chase Bank's Chase Savings℠, which yields only 0.01%. E*TRADE's account has no minimum deposit or maintenance fees, and it compounds daily, making it an attractive option for savers. Additionally, there are no requirements for direct deposit or account bundling, enhancing its appeal for simplicity. In contrast, Chase Bank's account has a $5 maintenance fee that may be waived under certain conditions. Overall, E*TRADE from Morgan Stanley is the clear winner based on the provided data.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Chase Bank?
- ✓Physical branch access (Chase has more than 5,000 branches in nearly all of the United States, but not in Alaska and Hawaii.)
Why E*TRADE from Morgan Stanley?
- ✓Higher potential APY (3.35% vs 0.01%) on all balances
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
E*TRADE from Morgan StanleyE*TRADE from Morgan Stanley's Premium Savings Account earns more on smaller deposits (approx. $335 vs $1/yr).
Better Returns at $25,000
E*TRADE from Morgan StanleyE*TRADE from Morgan Stanley's Premium Savings Account pulls ahead with larger amounts (approx. $838 vs $3/yr).
Best for Simplicity
E*TRADE from Morgan StanleyE*TRADE from Morgan Stanley's Premium Savings Account offers 3.35% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, E*TRADE from Morgan Stanley's Premium Savings Account pays $334 more interest on a $10,000 balance than Chase Bank's Chase Savings℠.
*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
Chase Bank vs. E*TRADE from Morgan Stanley Savings Calculator
You earn $334 more with E*TRADE from Morgan Stanley than Chase 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.
Chase Bank
Chase Savings℠
Savings Breakdown
- Interest Earned+$1.00(0.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,001.00
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.
| Feature | Chase Bank | E*TRADE from Morgan Stanley |
|---|---|---|
| APY | 0.01% Verified: 2/6/2026 Stable (90d) | 3.35% Verified: 2/6/2026 ↘︎ 0.40%90d Change |
| Product Name | Chase Savings℠ | Premium Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0+ |
| Monthly Fee | $5 | $0 |
| Compound Frequency | Monthly | Daily |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Physical Branches | Chase has more than 5,000 branches in nearly all of the United States, but not in Alaska and Hawaii. | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Limit: $2,000/dayBranded as Chase QuickPay; dynamic limits up to $10k. | Available Available for Premium Savings and Checking. |
| BBB Rating | A- | D- |
| Important Notes | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. | - |
| Next Steps | Visit SiteVerify at Chase 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 | Chase Bank | E*TRADE from Morgan Stanley |
|---|---|---|
| Chase Savings℠ | Premium Savings Account | |
Current APY | 0.01% | 3.35% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | -4.9 |
Days Since Change | 357 | 3 |
12-Month High | 0.01% | 4.00% |
12-Month Low | 0.01% | 3.35% |
Adjustments / Mo | 0.00 | 0.25 |
Volatility Score | 0.000 | 0.052 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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