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 ends
Qualifying Period
Deposit within 30 days of account opening
Payout
Within 30 days after the 45-day maintenance period ends
Requirements
- ✓Deposit at least $20,000 within 30 days of account opening
- ✓Maintain deposit for 45 additional days after 30-day funding period
- ✓Enter promo code SAVING26 at signup
- ✓Funds must be net-new from external sources
- ✓Deposit at least $20,000 of qualifying new money within 30 days of account opening
- ✓Enter promo code SAVING26 at account opening
- ✓Minimum $20,000 deposit required
- ✓Deposit must be made within 30 days of account opening
- ✓Must maintain average daily balance of $20,000 for 45 additional days after 30-day deposit period
- ✓Promo code SAVING26 must be entered at account opening
- ✓Must consist of net-new funds (not transfers from existing e*TRADE accounts)
- ✓Min $20,000 deposit of qualifying new money within 30 days of account opening
- ✓Maintain balance for 45 additional days after the 30-day funding period
- ✓Open new Premium Savings Account with promo code SAVING26
- ✓Maintain average daily balance of at least $20,000 for 45 additional days after the 30-day funding period
- ✓Deposit minimum $20,000 in net-new funds within 30 days of account opening
Restrictions
- ⚠New Premium Savings Account only
- ⚠One per person (limited to lifetime maximum of two new PSA cash bonus offers)
- ⚠Not valid for Checking, Max-Rate Checking, line of credit, IRA, or Brokerage accounts
- ⚠Promo code SAVING26 must be entered at account opening
- ⚠Excludes non-U.S. residents
- ⚠Existing accounts ineligible
- ⚠One new account per customer
- ⚠Lifetime limit of two cash bonus offers per customer
- ⚠New U.S. residents only
- ⚠Not valid for Checking, Max-Rate Checking, IRA, or non-IRA Brokerage accounts
- ⚠New customers only
- ⚠Maximum one PSA per enrollment period
- ⚠Lifetime maximum of two new PSA cash bonus offers per customer
- ⚠Cannot be combined with any other PSA cash bonus offers
- ⚠Existing Premium Savings Accounts ineligible
- ⚠One bonus per person
- ⚠Promo code SAVING26 required at account opening
- ⚠Not valid for Checking, Max-Rate Checking, or line of credit accounts
- ⚠Not valid for IRA and non-IRA Brokerage accounts
Fees
- No monthly maintenance fee
- No minimum balance required to maintain account
- $0 monthly account fee
- $0 minimum deposit to open account
- $0 account fee
- No monthly fees
- No monthly account fee
- $0 minimum opening deposit
- No monthly account fees
- No minimum balance requirement to maintain account
- Bonus treated as income and subject to taxes
- Account also earns 4.00% APY for 6 months from account opening
- Bonus forfeited if balance falls below $20,000 during maintenance period
- Cannot be combined with other PSA cash bonus offers
- Promotional code SAVING26 is for single use only
- Net-new funds do not include transfers from e*TRADE or affiliated accounts
- 4.00% APY for six months from account opening date; reverts to base rate after promotional period
- Maximum balance of $10,000,000 qualifies for boosted rate; excess earns base rate
- 4.00% APY promotional rate for 6 months from account opening date
- Account reverts to base rate after promotional period
- Boosted rate applies to balances up to $10,000,000
- Bonus treated as income for tax purposes
- Account offered by Morgan Stanley Private Bank, National Association, Member FDIC
- Boosted rate (4.00% APY) applies for 6 months from account opening date
- After 6 months, reverts to competitive standard rate
- Account balances up to $10,000,000 qualify for boosted rate
- Offered by Morgan Stanley Private Bank, National Association, Member FDIC
- Bonus treated as income/interest and subject to taxation
- Net-new funds do not include deposits transferred from other E*TRADE accounts
- If balance falls below $20,000 during maintenance period, customer is disqualified
- Cannot be combined with other Premium Savings Account cash bonus offers
- Offer may be removed at any time
- Account must be funded within 30 days to qualify for bonus
- If balance maintained is lower than $20,000 required amount, customer is disqualified
- Bonus is paid to the account where the deposit is made
- Account earned 4.00% APY for 6 months, then reverts to base rate
- Enhanced FDIC coverage up to $500,000 for individual accounts, $1,000,000 for joint accounts
- Accounts not funded within 90 days of opening will be closed
Offer expires September 29, 2026
Last updated July 27, 2026
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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
- Deposit within 30 days of account opening
- Payout timeline
- Within 30 days after the 45-day maintenance period ends
- Hold period
- 45 days after the 30-day funding period ends
How to qualify
- Deposit at least $20,000 within 30 days of account opening
- Maintain deposit for 45 additional days after 30-day funding period
- Enter promo code SAVING26 at signup
- Funds must be net-new from external sources
Common pitfalls
- New Premium Savings Account only
- One per person (limited to lifetime maximum of two new PSA cash bonus offers)
- Not valid for Checking, Max-Rate Checking, line of credit, IRA, or Brokerage accounts
- Promo code SAVING26 must be entered at account opening
What makes this offer different
Bonus value versus similar offers
The sign-up bonus is below the current nearby $2,000 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 Deposit within 30 days of account opening.
