What makes this bank offer different
This bank offer is best compared on fee exposure, balance requirements, and how long the account must remain open after payout.
Bank
E*TRADE Premium Savings Bonus — Up to $400
Sign up for E*TRADE Premium Savings Bonus and earn up to $400 in bonus rewards.
Bonus Tiers
| Deposit | Bonus |
|---|---|
| $20,000 | $400 |
Hold Period
45 days after the 30-day funding period
Qualifying Period
within 30 days of account opening
Payout
Within 30 days after the 45-day maintenance period ends (approximately 105 days following account opening)
Requirements
- ✓Open a new Premium Savings Account with promo code SAVING26
- ✓Deposit at least $20,000 of qualifying new money within 30 days of account opening
- ✓Maintain average daily balance of at least $20,000 for 45 additional days after the 30-day funding period
- ✓Minimum $20,000 deposit of qualifying new money within 30 days of account opening
- ✓Maintain balance for 45 additional days after 30-day funding period
- ✓Enter promo code SAVING26 at account opening
Restrictions
- ⚠New customers only
- ⚠New Premium Savings Account only
- ⚠Existing Premium Savings Accounts ineligible
- ⚠One per customer
- ⚠One per customer (lifetime max of two PSA cash bonus offers)
- ⚠Promo code SAVING26 required at account opening
- ⚠New E*TRADE clients only
- ⚠Non-U.S. residents and restricted jurisdictions ineligible
Fees
- $0 monthly account fee
- $0 minimum opening deposit
- No monthly account fees
- No minimum balance requirement to maintain account
- Account must be opened between June 5, 2026 and September 30, 2026
- Bonus is treated as income/interest for tax purposes
- Early account closure may result in forfeiture of bonus
- Account must be funded within 90 days of opening to remain open
- Interest credited and subsequently transferred to external account treated as outflow for net new funds calculation
- Maximum deposit eligible for 4.00% promotional APY is $10,000,000
- If account balance exceeds $10,000,000, entire balance may earn standard rate starting 30 days after notification
Offer expires September 29, 2026
Last updated June 14, 2026
How to evaluate E*TRADE Premium Savings Bonus
Before opening this account, compare the bonus against direct deposit rules, monthly fees, minimum balance requirements, and any clawback period after payout.
Qualification checklist
Timing
- Qualifying period
- within 30 days of account opening
- Payout timeline
- Within 30 days after the 45-day maintenance period ends (approximately 105 days following account opening)
- Hold period
- 45 days after the 30-day funding period
How to qualify
- Open a new Premium Savings Account with promo code SAVING26
- Deposit at least $20,000 of qualifying new money within 30 days of account opening
- Maintain average daily balance of at least $20,000 for 45 additional days after the 30-day funding period
- Minimum $20,000 deposit of qualifying new money within 30 days of account opening
Common pitfalls
- New customers only
- New Premium Savings Account only
- Existing Premium Savings Accounts ineligible
- One per customer
What makes this offer different
Bonus value versus similar offers
The sign-up bonus is below the current nearby $2,250 median, so the requirements and any referral or portal stack matter more.
Requirement clarity
Credolix has extracted 4 requirements for this offer, so compare the bonus against the actual steps rather than the headline payout alone.
Frequently Asked Questions
When does E*TRADE Premium Savings Bonus expire?
E*TRADE Premium Savings Bonus expires on September 29, 2026.
How long do I have to qualify for E*TRADE Premium Savings Bonus?
The qualifying period listed for E*TRADE Premium Savings Bonus is within 30 days of account opening.
When does E*TRADE Premium Savings Bonus pay out?
The payout timeline listed for E*TRADE Premium Savings Bonus is Within 30 days after the 45-day maintenance period ends (approximately 105 days following account opening).
How long do I need to keep funds or the account for E*TRADE Premium Savings Bonus?
The hold period listed for E*TRADE Premium Savings Bonus is 45 days after the 30-day funding period.
