# E*TRADE Premium Savings Account: $400 bonus

Canonical: https://dealaka.com/offers/e-trade-premium-savings-account-400

- Status: Limited reports
- Bonus: $400
- Requirement: Deposit $20,000+ new money within 30 days
- Expires: Sep 30, 2026
- Availability: Nationwide
- Institution: E*TRADE
- Verified: Jul 19, 2026 against us.etrade.com
- Field reports: 0

## Summary
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.

## Requirements
1. Open a new Premium Savings account by September 30, 2026 using promo code SAVING26.
2. Deposit at least $20,000 in net-new funds within the first 30 days of account opening.
3. Maintain the required balance for an additional 45 days after the 30-day funding period ends.
4. Receive the $400 cash bonus within 30 days after the maintenance period ends.

## 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.

## Sources
- us.etrade.com offer page <https://us.etrade.com/promo/savings> (checked Jul 19, 2026)

_This entry is reference information, not financial advice. Confirm current terms on the institution's site before you apply._