Chime vs. E*TRADE from Morgan Stanley
Comparing Chime and E*TRADE from Morgan Stanley for high-yield savings: Chime's Chime High-Yield Savings Account pays 3.00% APY while E*TRADE from Morgan Stanley's Premium Savings Account pays 3.35% APY.
Note: Chime requires a checking account.
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 $35 more than Chime annually ($335 vs $300).
Choose Chime if BBB rating matters to you. Choose E*TRADE from Morgan Stanley if getting the best rate matters most, you want a no-strings-attached account, or you want Zelle for quick transfers.
Important Considerations
Chime requires a checking account to unlock its top savings rate, while E*TRADE from Morgan Stanley offers its savings account standalone.
| Metric | ChimeChime High-Yield Savings Account Feb 6, 2026 | E*TRADE from Morgan StanleyPremium Savings Account Feb 6, 2026 |
|---|---|---|
| APY | 0.75% - 3.00% | 3.35% |
Est. Earnings | $5,000+$150 $10,000+$300 $25,000+$750 | $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 AppDirect Deposit ReqChecking BundleDaily 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 Chime 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 winner in this comparison. This account does not require a direct deposit, providing flexibility for account holders. In contrast, Chime's High-Yield Savings Account offers a slightly lower APY of 3.00%, but requires a qualifying direct deposit of $200 or more within the preceding 34 days. Both accounts are online-only with no maintenance fees and daily compounding, catering to users seeking high-yield savings options.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Chime?
No distinct advantages found vs E*TRADE from Morgan Stanley.
Why E*TRADE from Morgan Stanley?
- ✓Higher potential APY (3.35% vs 3.00%) on all balances
- ✓No checking account or direct deposit required
- ✓Fast transfers via Zelle®
— 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 $300/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 $750/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 $35 more interest on a $10,000 balance than Chime's Chime High-Yield 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
Chime vs. E*TRADE from Morgan Stanley Savings Calculator
You earn $35 more with E*TRADE from Morgan Stanley than Chime 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.
Chime
Chime High-Yield Savings Account
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
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 $299 per year in interest.
Both Chime and E*TRADE from Morgan Stanley dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Chime | E*TRADE from Morgan Stanley |
|---|---|---|
| APY | 3.00% Range: 0.75% - 3.00% Verified: 2/6/2026 ↘︎ 0.50%90d Change | 3.35% Verified: 2/6/2026 ↘︎ 0.40%90d Change |
| Product Name | Chime High-Yield Savings Account | Premium Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $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. | RequiredYou need to receive a qualifying direct deposit of $200 or more within the preceding 34 days | None |
| Checking Bundle | Yes | No |
| Mobile Apps | ||
| FDIC Insured | Yes | YesVerify FDIC |
| Zelle® Support | Not Supported | Available Available for Premium Savings and Checking. |
| BBB Rating | A+ | D- |
| Next Steps | Visit SiteVerify at Chime 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 | Chime | E*TRADE from Morgan Stanley |
|---|---|---|
| Chime High-Yield Savings Account | Premium Savings Account | |
Current APY | 3.00% | 3.35% |
Trend | Stable | Stable |
Velocity (bps/mo) | 5.5 | -4.9 |
Days Since Change | 7 | 3 |
12-Month High | 3.75% | 4.00% |
12-Month Low | 2.00% | 3.35% |
Adjustments / Mo | 0.25 | 0.25 |
Volatility Score | 0.154 | 0.052 |
How to read these metrics(Click to expand)
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