Premium Savings Account from Morgan
Stanley Private Bank, National Association
Boost your savings with a APY high yield savings account1
Take advantage of a rate 9X the national average.2 With APY, you’ll earn an annual return of $400 for every $10,000 deposited in your account.3 Plus, FDIC-insured up to $500,000.4
Earn up to $750 on a new savings account
Just open a Premium Savings Account by September 30, 2025 and complete a few steps.5 Learn how
Terms apply. Use promo code: SAVE25
Explore the advantages of a Premium Savings Account
No minimum deposit
No monthly account fees
Bank Deposits FDIC-insured up to $500,000. Certain conditions must be satisfied.4
Easily move money between accounts with Transfer Money service6
Manage your money from anywhere with our mobile app7
Free, easy-to-use tools to build your emergency savings
Plus, enjoy an Annual Percentage Yield (APY) that is 9X the national average2
| Morgan Stanley Private Bank Premium Savings Account | ||
| Bank of America Advantage Savings | 0.01% | |
| Chase Premier Savings | 0.01% | |
| Wells Fargo Way2Save Savings | 0.01% | |
| FDIC National Savings Average2 | 0.42% | |
Annual percentage yields on competitor accounts as of 6/3/258
Rated Best Savings Account for Investors 2025
Premium Savings Account from Morgan Stanley Private Bank rated "Best Savings Account for Investors 2025" by Buy Side from WSJ9
Ways to fund your savings account
No minimum opening deposit to get started.10 There are four easy ways to fund your account.
Transfer money
Up to three business days6
Transfer Money is a free service that allows you to move money between your accounts and from outside financial institutions.
Wire transfer
Same business day
A wire transfer is an electronic transfer of money between accounts, including accounts at different financial institutions.
Transfer an account
10+ business days
Transferring an account simply means moving all of your assets (cash and securities) from an outside financial institution to E*TRADE or Morgan Stanley Private Bank.
Deposit a check
Up to five business days
Choose from two convenient ways to deposit checks into your account: by mobile check deposit7 using our E*TRADE Mobile app or by mail.
Tips to maximize your savings
Learn how to optimize your savings to help you reach your long-term financial goals.
Choosing a bank account
Not sure which bank account to choose? We offer other bank accounts that are fully integrated with an E*TRADE brokerage account for easier money management.
Three ways to manage your cash more strategically
Some people don’t realize that cash is an asset class that can be managed in different ways. Here’s how to balance your short-term cash needs and long-term financial goals with cash solutions.
What's the difference between saving and investing?
Many people use the terms “saving” and “investing” interchangeably. While these two concepts are related, they aren’t exactly the same.
Earn up to $750 on a new savings account
Just open a Premium Savings Account by September 30, 2025 and complete a few steps.5 Learn how
Terms apply. Use promo code: SAVE25