E*TRADE's Premium Savings Account, offered through Morgan Stanley Private Bank, pays a $400 cash bonus and a boosted 4.00% APY for 6 months to new account holders. You need to open the account with promo code SAVING26 by September 30, 2026, deposit at least $20,000 in new money within 30 days, and maintain that balance for 45 more days to get the bonus.
Eligibility
Available nationwide
No state restrictions on this offer.
Credit-pull posture pending
We have not yet confirmed how this account is screened. Check with the institution.
How to get the E*TRADE Premium Savings Account bonus
- Open a new Premium Savings account by September 30, 2026 using promo code SAVING26.
- Deposit at least $20,000 in net-new funds within the first 30 days of account opening.
- Maintain the required balance for an additional 45 days after the 30-day funding period ends.
- Receive the $400 cash bonus within 30 days after the maintenance period ends.
The fine print that matters
- Boosted 4.00% APY applies for 6 months from account opening, then reverts to the standard rate.
- Maximum balance for the boosted rate is $10,000,000.
- Net-new funds exclude transfers from other E*TRADE or affiliate accounts.
- Existing Premium Savings account holders are not eligible for the boosted rate.
- Limited to one enrolled cash bonus offer at a time and a lifetime maximum of two bonus offers.
- Cash bonus is reported as interest income on IRS Form 1099-INT and may be subject to 24% backup withholding.
- Account must remain open and in good standing to receive the bonus.
- Offer may be modified or revoked at any time by the bank.
Verification and reports
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Sources: us.etrade.com offer page (checked Jul 19, 2026)