Citibank vs. E*TRADE from Morgan Stanley
Comparing Citibank and E*TRADE from Morgan Stanley for high-yield savings: Citibank's Citi Accelerate Savings pays 3.20% 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 $15 more than Citibank annually ($335 vs $320).
Choose E*TRADE from Morgan Stanley if getting the best rate matters most.
Important Considerations
Citibank's Accelerate Savings is only available in select states where Citi has no branch presence. Check eligibility before applying.
| Metric | CitibankCiti Accelerate Savings Feb 6, 2026 | E*TRADE from Morgan StanleyPremium Savings Account Feb 6, 2026 |
|---|---|---|
| APY | 3.20% | 3.35% |
Est. Earnings | $5,000+$160 $10,000+$320 $25,000+$800 | $5,000+$168 $10,000+$335 $25,000+$838 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | Eligibility restricted to select states. | - |
| 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 Citibank vs. E*TRADE from Morgan Stanley
Executive Summary
E*TRADE from Morgan Stanley offers a Premium Savings Account with a higher APY of 3.35%, making it the winner compared to Citibank's Citi Accelerate Savings account, which has an APY of 3.20%. Both accounts have no minimum deposit requirements and compound interest daily. However, Citibank's eligibility is restricted to select states, while E*TRADE's account is available nationwide. Citibank also offers a standard savings account with a significantly lower APY of 0.03%. Notably, E*TRADE has no maintenance fees, while Citibank charges a $4.50 fee that can be waived with a balance over $500.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Citibank?
- ✓Physical branch access (U.S. branches are concentrated in six metropolitan areas, New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami.)
Why E*TRADE from Morgan Stanley?
- ✓Higher potential APY (3.35% vs 3.20%) on all balances
- ✓Available Nationwide
— 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 $320/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 $800/yr).
Best Mobile App Experience
CitibankCitibank offers an iOS app rated 4.9 (vs. 4.7) and Android app rated 4.8 (vs. 4.7)
Shared Benefits
Over a 1-year period, E*TRADE from Morgan Stanley's Premium Savings Account pays $15 more interest on a $10,000 balance than Citibank's Citi Accelerate 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
Citibank vs. E*TRADE from Morgan Stanley Savings Calculator
You earn $15 more with E*TRADE from Morgan Stanley than Citibank 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.
Citibank
Citi Accelerate Savings
Savings Breakdown
- Interest Earned+$320.00(3.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,320.00
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 $319 per year in interest.
Both Citibank and E*TRADE from Morgan Stanley dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Citibank | E*TRADE from Morgan Stanley |
|---|---|---|
| APY | 3.20% Verified: 2/6/2026 ↘︎ 0.15%90d Change | 3.35% Verified: 2/6/2026 ↘︎ 0.40%90d Change |
| Product Name | Citi Accelerate Savings | Premium Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0+ |
| Monthly Fee | $4.50. Waived for average monthly balances > $500 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | U.S. branches are concentrated in six metropolitan areas, New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Limit: $2,500/dayTiered limits based on account status (Citigold higher). | Available Available for Premium Savings and Checking. |
| BBB Rating | D- | D- |
| Important Notes | Eligibility restricted to select states. | - |
| Next Steps | Visit SiteVerify at Citibank 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 | Citibank | E*TRADE from Morgan Stanley | |
|---|---|---|---|
| Citi® Savings Account | Citi Accelerate Savings | Premium Savings Account | |
Current APY | 0.03% | 3.20% | 3.35% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | 0.0 | -4.7 | -4.9 |
Days Since Change | 357 | 10 | 3 |
12-Month High | 0.03% | 3.80% | 4.00% |
12-Month Low | 0.03% | 3.20% | 3.35% |
Adjustments / Mo | 0.00 | 0.59 | 0.25 |
Volatility Score | 0.000 | 0.048 | 0.052 |
How to read these metrics(Click to expand)
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