E*TRADE from Morgan Stanley vs. Forbright Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
E*TRADE from Morgan Stanley
Premium Savings Account
3.75%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
E*TRADE from Morgan Stanley
Premium Savings Account
Forbright Bank
Growth Savings
4.00%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Forbright Bank
Growth Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
E*TRADE from Morgan Stanley vs. Forbright Bank Savings Calculator
Forbright Bank earns $160.9 more than E*TRADE from Morgan Stanley.
E*TRADE from Morgan Stanley
Premium Savings Account
Savings Breakdown
- Interest Earned+$2,273.80(11.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,273.80
Forbright Bank
Growth Savings
Savings Breakdown
- Interest Earned+$2,434.70(11.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,434.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing E*TRADE from Morgan Stanley vs. Forbright Bank
Why E*TRADE from Morgan Stanley?
No distinct advantages found vs Forbright Bank.
Why Forbright Bank?
- ✓Higher potential APY (3.65%-4.00% vs 3.75%) on all balances
- ✓Physical branch access (Locations in the Washington D.C. area (Maryland and Virginia))
- ✓Offers 3 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
Forbright BankForbright Bank's Growth Savings earns more on smaller deposits (approx. $400 vs $375/yr).
Better Returns at $25,000
Forbright BankForbright Bank's Growth Savings pulls ahead with larger amounts (approx. $1000 vs $938/yr).
Best for Simplicity
Forbright BankForbright Bank's Growth Savings offers 4.00% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Forbright Bank's Growth Savings pays $25 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.
Executive Summary
E*TRADE from Morgan Stanley offers a Premium Savings Account with a competitive APY of 3.75%, available online with no minimum deposit or balance requirements. In contrast, Forbright Bank's standout product is the Growth Savings account, which provides a higher APY of 4.00%, also online, with no direct deposit requirement and no caps. However, it requires a minimum deposit of $0 and a minimum balance of $0. Forbright also features other savings options like the Bright Savings and Sprout Savings accounts, but they yield lower rates of 3.65% and 3.65%, respectively. Overall, Forbright Bank's Growth Savings account is the winner based on the highest APY offered.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both E*TRADE from Morgan Stanley and Forbright Bank.
| Feature | E*TRADE from Morgan Stanley | Forbright Bank |
|---|---|---|
| APY | 3.75% Verified: 12/10/2025 ↘︎ 0.25%90d Change | 4.00% Verified: 12/10/2025 ↘︎ 0.25%90d Change |
| Product Name | Premium Savings Account | Growth Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0+ | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.7 | iOS4.8 Android4.6 |
| BBB Rating | D- | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | E*TRADE from Morgan Stanley | Forbright Bank | ||
|---|---|---|---|---|
| Premium Savings Account | Sprout Savings | Bright Savings | Growth Savings | |
Current APY | 3.75% | 3.65% | 3.65% | 4.00% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -3.2 | -3.2 | -3.2 | -2.8 |
Days Since Change | 78 | 70 | 70 | 62 |
10-Month High | 4.00% | 3.90% | 3.90% | 4.25% |
10-Month Low | 3.75% | 3.65% | 3.65% | 4.00% |
Adjustments / Mo | 0.10 | 0.10 | 0.10 | 0.10 |
Volatility Score | 0.030 | 0.030 | 0.030 | 0.026 |
How to read these metrics(Click to expand)
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