E*TRADE Premium Savings Account: $400 Bonus + 4.00% APY Rate [Nationwide]

Available Nationwide, E*TRADE is offering you 4.00% APY + $400 bonus on your funds when you open a Premium Savings Account.

Update 6/8/26: You can currently earn a $400 bonus (up from $250) valid through 9/30/26. The rate has increased to 4.00% APY (for six months with a new Premium Savings Account) from 3.75%. You can earn a competitive rate on your funds with an E*TRADE account and your funds will be FDIC insured up to the maximum amount of $250,000.

E*TRADE Premium Savings $400 Bonus

Earn a $400 cash bonus with a new Premium Savings Account using promo code SAVING26.

How to earn bonus:

• Open a new Premium Savings Account on etrade.com by September 30, 2026 using promo code SAVING26.
• Make a deposit. Add funds to earn a boosted 4.00% APY for 6 months. Plus, you’ll earn a cash bonus when you deposit at least $20,000 of qualifying new money within the first 30 days of account opening.
• Get rewarded! Maintain your balance for 45 additional days after the 30-day funding period ends to earn your cash bonus.

Terms:

• *To be eligible , you must apply promo code Saving26 at the time of account opening. This promotional code is intended for single use only.
  This offer is only valid for a new Premium Savings Account (PSA). This offer is not valid for Checking, Max-Rate Checking or line of credit accounts that we or our affiliates offer. IRA and non-IRA Brokerage accounts are ineligible. This offer is only eligible for one newly opened and funded Premium Savings Account (PSA) that is funded within 30 days of opening. Excludes non-U.S. residents, and residents of any jurisdiction where this offer is not valid. Customer may only be enrolled in one PSA cash bonus offer at a time. Cannot be combined with any other PSA cash bonus offers.
  Each customer is limited to a lifetime maximum of two new Premium Savings Account cash bonus offers. Offer may be removed at any time. Other restrictions may apply.
• **This offer is only valid for a new Premium Savings Account (“PSA”). This offer is not valid for Checking, Max-Rate Checking or line of credit accounts that MSPBNA or its affiliates offer. IRA and non-IRA Brokerage accounts are ineligible. The Promotional Annual Percentage Yield (“Promotional APY”) will be automatically applied to the account, and will remain effective for 180 days (the “Promotion Period”), after which it will automatically revert to the Standard Annual Percentage Yield (“Standard APY”) without requiring any action from you. Accounts must be opened by [date] to qualify for the Promotional APY. No minimum balance required, and the offer may be withdrawn at any time. Excludes non-U.S. residents, and residents of any jurisdiction where this offer is not valid. Other restrictions may apply. Please visit etrade.com/premiumsavings for more information.

E*TRADE Premium Savings Account Summary

Here is your opportunity to earn a high interest rate on your funds. Open a new account and get started today!

• Bonus Offer: 4.00% APY Rate
• Availability: Nationwide, Online
• Minimum Balance: None
• Maximum Balance: None
• Credit Inquiry:  Unknown
• Opening Deposit Requirement: $100
• Monthly Service Fee: None
• Early Termination Fees: None listed

Account Rates

Account Benefits

• Manage your money from anywhere with our best-in-class mobile app
• Earn over 15x the national average for a savings account
• FDIC insured- Your funds will be FDIC insured up to the maximum amount of $250,000.

Account Requirements

• Simply start opening a Premium Savings Account
• Have an opening deposit of $100
• Input your info – Provide your name, address, phone, email and social security number or Tax ID.
• Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
• Keep the account open and in good-standing to continue earning high rates

Author’s Verdict

We’ve all heard of E*TRADE so you know this is a reputable bank.

In addition to the current rate from E*TRADE, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, TD Bank, or CIT Bank.

If you happen to know whether this account incurs a hard/soft pull, please let us know. Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank promotions and/or for more bank rates!