E*TRADE
E*TRADE Premium Savings Account $400 Bonus
- Bonus amount
- $400
- Expires
- Sep 30, 2026
- Time to complete
- ~75 days
- Bonus deposited in
- ~105 days
- Difficulty
- Hard
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Requirements
Last verified: Aug 21, 2026
Open an account
Open a new E*TRADE Premium Savings Account (Morgan Stanley Private Bank) using promo code SAVING26 by September 30, 2026.
Deposit $20,000 in new money
Deposit at least $20,000 of qualifying net-new funds within the first 30 days of account opening.
Maintain the balance for 45 days
Maintain the required average daily balance for the 45-day maintenance period that begins on Day 31 after account opening.
The $400 bonus is paid within 30 days after the end of the 45-day maintenance period (about 105 days after account opening).
Account Details
Maintain your balance for 45 additional days after the 30-day funding period ends.
Eligibility
Requires new money.
Tips & Gotchas
- →Enter promo code SAVING26 when you open the account, or you will not be enrolled in the cash bonus.
- →Net-new funds must come from outside E*TRADE and its affiliates; transfers from an existing E*TRADE checking or brokerage account do not count.
- →The account also earns a boosted 4.00% APY for six months, then reverts to the base rate.
- →Lifetime limit of two Premium Savings Account cash bonuses per customer.
- →This is a bank savings account from Morgan Stanley Private Bank (Member FDIC); no securities purchase is required.
Community Data Points
We don't have direct deposit reports for this account yet. What we do have: 6 community reports on how long the bonus took to post, and the most recent ones average about 90 days.
See E*TRADE Savings payout timelines →Can You Earn This Bonus Again?
Fine Print
Open a new E*TRADE Premium Savings Account (Morgan Stanley Private Bank, Member FDIC) with promo code SAVING26 by September 30, 2026, deposit at least $20,000 in net-new funds within 30 days, and maintain the balance for the 45-day maintenance period beginning Day 31. The $400 bonus pays within 30 days after the maintenance period. Reported on IRS Form 1099-INT. Verified on us.etrade.com/promo/savings on 2026-07-18.
Taxable income · Reported on 1099-INT
Related Articles
What is a high-yield savings account (HYSA)?
A savings account that pays a significantly higher interest rate than a standard savings account.
What is a hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.
What is APY (Annual Percentage Yield)?
The annual interest rate on a savings account, expressed as a percentage of your balance with compounding included. On savings accounts we track, APYs currently range from 0.01% at big traditional banks to 4.00% at the best online accounts.
Also see: this month's best bank bonuses and community DD data points.
We may earn a commission if you open an account through the link above. This doesn't affect our recommendations. See how we make money