Capital One vs. E*TRADE from Morgan Stanley
Capital One's 360 Performance Savings pays 3.00% APY while E*TRADE from Morgan Stanley's Premium Savings Account pays 3.50% 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 $50 more than Capital One annually ($350 vs $300).
Choose Capital One 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 | Capital OneBusiness Savings Account Sep 5, 2026 | E*TRADE from Morgan StanleyPremium Savings Account Sep 5, 2026 |
|---|---|---|
| APY | 3.50% | 3.50% |
Earns in a year | $5,000+$175 $10,000+$350 $25,000+$875 | $5,000+$175 $10,000+$350 $25,000+$875 |
Min. Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often |
Market Reality Check
Both of these institutions offer rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.
Comparison Analysis
Comparing Capital One vs. E*TRADE from Morgan Stanley
Executive Summary
E*TRADE from Morgan Stanley offers a Premium Savings Account with a competitive APY of 3.50%, making it the top choice between the two banks. In comparison, Capital One's Business Savings Account yields 3.50% as well, but since E*TRADE is online-only, it may appeal to those comfortable with digital banking. Capital One also provides a 360 Performance Savings account with a 3.00% APY, and a Kids Savings Account at 2.50%. Both banks have no maintenance fees and do not require direct deposits, but E*TRADE's offering is limited to New York residents.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Capital One?
- Physical branch access (Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C.)
- Offers 3 different high-yield savings options
Why E*TRADE from Morgan Stanley?
No distinct advantages found vs Capital One.
Shared Benefits
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Capital One vs. E*TRADE from Morgan Stanley Savings Calculator
Both accounts earn exactly the same amount.
Capital One
Business Savings Account
Savings Breakdown
- Interest Earned+$350.00(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,350.00
E*TRADE from Morgan Stanley
Premium Savings Account
Savings Breakdown
- Interest Earned+$350.00(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,350.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $345 a year in interest.
Both Capital One and E*TRADE from Morgan Stanley advertise far more than that typical branch-bank rate.
| Feature | Capital One | E*TRADE from Morgan Stanley |
|---|---|---|
| APY | 3.50% Observed: 9/5/2026 Stable over 90 days | 3.50% Observed: 9/5/2026 0.25%90-day change |
| Product Name | Business Savings Account | Premium Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | N/A | $0 |
| Compound Frequency | Monthly | Daily |
| In-Branch Access | Yes | No |
| Account Type | Online & Branches | Online Only |
| Physical Branches | 252 (CT, DC, DE, LA, MD, NJ, NY, TX (+1 more)) | 1 (NY) |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Limit: $2,500/dayAvailable for 360 Checking accounts. | Available Available for Premium Savings and Checking. |
| BBB Rating | A+ | D- |
| Next Steps | Visit SiteVerify at Capital One 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 | Capital One | E*TRADE from Morgan Stanley | |
|---|---|---|---|
| 360 Performance Savings | Business Savings Account | Premium Savings Account | |
Current APY | 3.00% | 3.50% | 3.50% |
Trend | Stable | Stable | Stable |
Speed of change | -0.03 | 0.00 | 0.03 |
Days Since Change | 95 | 165 | 81 |
7-Month High | 3.20% | 3.50% | 3.50% |
7-Month Low | 3.00% | 3.50% | 3.25% |
Changes per month | 0.28 | 0.00 | 0.28 |
Steadiness | 0.026 | 0.000 | 0.031 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 217-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
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High Rates (With Checking Bundle)
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