E*TRADE from Morgan Stanley vs. LendingClub
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
LendingClub
LevelUp Savings
Up to4.20%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppRange: 3.20% – 4.20%Show Fine Print & Trends Hide Details
LendingClub
LevelUp Savings
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
E*TRADE from Morgan Stanley vs. LendingClub Savings Calculator
LendingClub earns $290.5 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
LendingClub
LevelUp Savings
Savings Breakdown
- Interest Earned+$2,564.30(12.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,564.30
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. LendingClub
Why E*TRADE from Morgan Stanley?
- ✓No checking account or direct deposit required
Why LendingClub?
- ✓Higher potential APY (4.20% vs 3.75%) on all balances
— Key Feature Differences —
Better Returns at $10,000
LendingClubLendingClub's LevelUp Savings earns more on smaller deposits (approx. $420 vs $375/yr).
Better Returns at $25,000
LendingClubLendingClub's LevelUp Savings pulls ahead with larger amounts (approx. $1050 vs $938/yr).
Best for Simplicity
E*TRADE from Morgan StanleyE*TRADE from Morgan Stanley's Premium Savings Account offers 3.75% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, LendingClub's LevelUp Savings pays $45 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
LendingClub's LevelUp Savings account offers a competitive 4.20% APY, significantly higher than E*TRADE from Morgan Stanley's Premium Savings Account, which provides a 3.75% APY. Both accounts are online-only and require no minimum deposit or maintenance fees. However, to earn the higher APY with LendingClub, a monthly deposit of $250 or more is necessary; otherwise, a lower APY of 3.20% applies. E*TRADE's offering is straightforward with no such conditions. Overall, LendingClub is the winner based on the higher APY.
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 LendingClub.
| Feature | E*TRADE from Morgan Stanley | LendingClub |
|---|---|---|
| APY | 3.75% Verified: 12/10/2025 ↘︎ 0.25%90d Change | 4.20% Range: 3.20% - 4.20% Verified: 12/10/2025 Stable (90d) |
| Product Name | Premium Savings Account | LevelUp 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 Android4.7 |
| BBB Rating | D- | A+ |
| Important Notes | - | The advertised "LevelUp Rate" APY of 4.20% is only available if you deposit $250+ into the account each month. Otherwise the "Standard Rate" of 3.20% applies. |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | E*TRADE from Morgan Stanley | LendingClub |
|---|---|---|
| Premium Savings Account | LevelUp Savings | |
Current APY | 3.75% | 4.20% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.2 | -3.6 |
Days Since Change | 78 | 152 |
10-Month High | 4.00% | 4.50% |
10-Month Low | 3.75% | 4.20% |
Adjustments / Mo | 0.10 | 0.20 |
Volatility Score | 0.030 | 0.027 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare E*TRADE from Morgan Stanley vs...
Comparing against Standard Savings
Compare LendingClub vs...
Comparing against Standard Savings
Higher Rates (With Checking)
Looking for something different? Check out these top-rated alternatives.