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E-Trade from Morgan Stanley: Savings and Checking Account Bonuses
Savings offer improved. E*Trade (Morgan Stanley Private Bank) is running promotions for new customers on both their savings and checking accounts:
- Premium Savings up to $2,000 deposit bonus + 3.50% APY
- Max-Rate Checking $300 bonus + up to 2.00% APY
Hat tip to reader Greg on this one.
Up to $2,000 Savings promo details (deposit bonus).
- Open a new Premium Savings Account on etrade.com by February 28, 2026 using promo code SAVE26.
- Deposit qualifying new money (see tiers below) within the first 30 days after account opening.
- Maintain your balance for 45 additional days after the 30-day funding period ends to earn your bonus.
If your deposit meets the minimum of a tier exactly then it works out to up a 1.5% bonus. Note that on some tiers it might be as low as 1%. If let’s say you hold for 60 days for some wiggle room, 1.5% for 60 days works out to a 9% bonus on an annualized basis. Add on the current 3.50% APY on the Premium Savings account for a total of 12.50% APY.
Even on the 1% bonus for 60 days, that works out to a 6% bonus on an annualized basis. Add on the current 3.50% APY on the Premium Savings account for a total of 9.50% APY. Not bad.
$300 Checking promo details (direct deposit required).
-
CHECKING25. You are not eligible if you have or had owned or co-owned (joint) a Checking or Max-Rate Checking Account within the last 12 months from when you enroll in this offer.
- Make at least 2 direct deposits, each of $1,500 or more, within 90 days of opening your new account.
- Your bonus should arrive around 120 days from account opening.
As of 1/5/26, Max-Rate Checking Account pays 2.00% APY. You must maintain a $5,000 average monthly balance, otherwise there is a $15 monthly fee. The basic Checking Account only pays 0.05% APY (basically nothing), but has no minimum balance. This is notable since you’ll need to maintain an open account for at least a few extra months to get the bonus, so the basic Checking might be better.
Capital One 360 Checking Bonuses: $250 w/o Direct Deposit, $300 w/ Direct Deposit
Updated with new offers. Capital One has two different checking bonuses for new customers right now, one that requires direct deposit and another that requires debit card activity. You’ll have to pick one.
$250 bonus w/o Direct Deposit requirement:
- Open a 360 Checking account using promotional code DEBIT250.
- Use your 360 Checking debit card for qualifying transactions at least 20 of $10 or more within 75 days of account opening.
What is “new”? If you have or had an open 360 Checking, Simply Checking, or Total Control Checking account as a primary or secondary account holder with Capital One on or after January 1, 2024, you will be ineligible for the bonus. Hat tip to DoC.
$300 bonus w/ Direct Deposit requirement:
- Open a 360 Checking account using promotional code OFFER300.
- Set up and receive at least 2 Qualifying Direct Deposits each of $500 or more to your 360 Checking account within 75 days of account opening.
For this one, if you have or had an open 360 Checking, Simply Checking, or Total Control Checking account as a primary or secondary account holder with Capital One on or after January 1, 2023, you will be ineligible for the bonus.
The 360 Checking account offers a rather disappointing 0.10% APY interest rate, and nothing exceptional other than the ability to link easily with 360 Savings. Highlights:
- No monthly fees, no minimum balance required.
- 0.10% APY on all balance tiers.
- Remote check deposit via app.
- Paper checks will cost you $20 for 50 checks, or $25 for 100 checks.
- In addition to their own ATMs, Capital One uses the Allpoint ATM network for fee-free ATM access.
- You can use your 360 Savings as the overdraft backup source of funds.
A pretty generous checking bonus if you are eligible, but not that attractive long-term unless you already prefer using CapOne 360 Savings. Capital One does seem to keep offering these bonuses regularly each year, making it a good idea to close any idle Capital One 360 accounts.
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