E*TRADE from Morgan Stanley vs. Marcus by Goldman Sachs
E*TRADE from Morgan Stanley's Premium Savings Account pays 3.50% APY while Marcus by Goldman Sachs's Marcus Online Savings Account pays 3.40% 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 $10 more than Marcus by Goldman Sachs annually ($350 vs $340).
Choose E*TRADE from Morgan Stanley if getting the best rate matters most, or you want Zelle for quick transfers.
| Metric | E*TRADE from Morgan StanleyPremium Savings Account Sep 4, 2026 | Marcus by Goldman SachsMarcus Online Savings Account Sep 4, 2026 |
|---|---|---|
| APY | 3.50% | 3.40% |
Earns in a year | $5,000+$175 $10,000+$350 $25,000+$875 | $5,000+$170 $10,000+$340 $25,000+$850 |
Min. Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingStable Rate |
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 E*TRADE from Morgan Stanley vs. Marcus by Goldman Sachs
Executive Summary
E*TRADE from Morgan Stanley offers a Premium Savings Account with a competitive APY of 3.50%, making it the top choice among the two banks. In comparison, Marcus by Goldman Sachs provides an Online Savings Account with a slightly lower APY of 3.40%. Both accounts require no minimum deposit and charge no maintenance fees, and neither requires direct deposit. However, E*TRADE's account is only available to residents of New York, while Marcus is accessible to customers in multiple states including Massachusetts, New Jersey, New York, and Utah. Overall, E*TRADE's higher APY positions it as the favorable option for savers.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why E*TRADE from Morgan Stanley?
- Fast transfers via Zelle®
Why Marcus by Goldman Sachs?
No distinct advantages found vs E*TRADE from Morgan Stanley.
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. $350 vs $340/yr).
Better Mobile App Experience
Marcus by Goldman SachsMarcus by Goldman Sachs offers an iOS app rated 4.9 (vs. 4.7) and Android app rated 4.9 (vs. 4.6)
Shared Benefits
Over a 1-year period, E*TRADE from Morgan Stanley's Premium Savings Account pays $10 more interest on a $10,000 balance than Marcus by Goldman Sachs's Marcus Online 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
E*TRADE from Morgan Stanley vs. Marcus by Goldman Sachs Savings Calculator
You earn $10 more with E*TRADE from Morgan Stanley than Marcus by Goldman Sachs 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.
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
Marcus by Goldman Sachs
Marcus Online Savings Account
Savings Breakdown
- Interest Earned+$340.00(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,340.00
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 $335 a year in interest.
Both E*TRADE from Morgan Stanley and Marcus by Goldman Sachs advertise far more than that typical branch-bank rate.
| Feature | E*TRADE from Morgan Stanley | Marcus by Goldman Sachs |
|---|---|---|
| APY | 3.50% Observed: 9/4/2026 0.25%90-day change | 3.40% Observed: 9/4/2026 Stable over 90 days |
| Product Name | Premium Savings Account | Marcus Online Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | 1 (NY) | 5 (MA, NJ, NY, UT) |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Available for Premium Savings and Checking. | Not Supported |
| BBB Rating | D- | Not Rated |
| Next Steps | Visit SiteVerify at E*TRADE from Morgan Stanley Non-sponsored link to official site | Visit SiteVerify at Marcus by Goldman Sachs Non-sponsored link to official site |
Compare Savings Rates Over Time
Historical Performance
| Metric | E*TRADE from Morgan Stanley | Marcus by Goldman Sachs |
|---|---|---|
| Premium Savings Account | Marcus Online Savings Account | |
Current APY | 3.50% | 3.40% |
Trend | Stable | Stable |
Speed of change | -0.07 | -0.01 |
Days Since Change | 80 | 93 |
12-Month High | 4.00% | 3.65% |
12-Month Low | 3.25% | 3.40% |
Changes per month | 0.41 | 0.16 |
Steadiness | 0.042 | 0.009 |
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 364-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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