E*TRADE Premium Savings Account bonus: up to $800 and what it takes
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Checked against the bank's page on .
The offer in one paragraph
E*TRADE pays up to $800 when you open E*TRADE Premium Savings Account. The $400 tier asks you to deposit $20,000 in new money and keep it there for 45 days. The $800 tier asks you to deposit $100,000 in new money and keep it there for 45 days. On the cash it asks you to park, the $800 bonus works out to an annual rate of 6.49%. The account has no monthly fee. Its terms name no state limit, and the bank decides at application. The bank shows January 10, 2027 as the last day.
Bonus Tally may earn a commission when you open an account through links on this page. It never changes the math or the ranking.
How to earn it
- Open E*TRADE Premium Savings Account online.
- Use the offer code SAVE800 when you apply.
- Deposit the amount for the tier you want in new money within 30 days: $20,000 for $400 or $100,000 for $800.
- Keep that money in the account for 45 days, the hold period as the bank states it.
- Wait for the bank to pay the bonus. Its terms say when it pays once you meet the requirements.
Day counts follow the bank's terms, which say when each period starts.
When the bank pays. E*TRADE pays within 30 days after the 45 day maintenance period ends.
Deposit net new funds within 30 days of opening; the amount sets the tier. From day 31 the average daily balance over 45 days must stay at that tier, and a lower average earns the lower tier.
Existing E*TRADE customers can take the offer. Each customer can be enrolled in one Premium Savings bonus at a time and receive two over a lifetime, and brokerage accounts and IRAs do not qualify.
The 4.25% APY on the offer page is a separate promotional rate, fixed for six months on new accounts, and the standard rate was 3.75% when we checked. The calculator counts 4.25% on the parked cash, the rate that applies during the hold.
The numbers
- Bonus
- Up to $8002 tiers, from $400.
- Cash to park
- $20,000 for $400, $100,000 for $800The larger of the deposit and the balance the bank asks for.
- Direct deposits
- Not required
- Hold period
- 45 daysAs the bank states it. Banks count it from different days.
- Time to deposit
- 30 days
- Annual rate
- 6.49%$800 / $100,000 x 365 / 45 x 100. The bonus over the cash and the days it asks for, scaled to a year. The bank does not pay it as interest. The tiers table gives the rate of each tier.
- Interest on the account
- 4.25% APYAs the bank showed it on October 6, 2026. Rates change; the calculator counts it on the parked cash.
- Monthly fee
- None
- Early closure
- Not published
- Tax form
- Form 1099-INTAs the terms name it.
Guides to these figures: how the annual rate is calculated, monthly fees and how to avoid them and early closure fees and clawbacks.
Worth it for you
Cash not entered, so no offer is checked against cash. Enter what you can park to check it. If you can park $100,000, the $800 top tier comes to $830.82 after costs.
- $800 tier
- $800.00
- Monthly fees
- $0.00
- No monthly fee.
- $100,000 for 45 days at your 4.00%
- −$493.15
- What the cash would earn where it sits now, over the hold period as the bank states it.
- Interest at the account's 4.25% APY
- +$523.97
- Net gain
- $830.82
- $400Cash not checked
- $800Cash not checked
Assumes a 4.00% savings rate on the parked cash and no tax figure. The bonus calculator takes your own rates and compares every live offer.
Bank bonuses are generally taxable as interest income, and banks usually report them on Form 1099-INT. Banks change and end offers without notice. Confirm every term on the bank's own page before you apply.
Who can get it
- For
- Personal accounts
- Customers
- Not limited to new customers in the terms
- Where
- No state limit in the termsThe bank decides at application
- Minimum age
- Not published
Before you apply: how often you can earn a bonus from one bank and whether opening an account affects your credit.
Tiers (2)
| Bonus | What it takes | Cash to park | Annual rate | In words |
|---|---|---|---|---|
| $400 | Deposit and hold: $20,000 | $20,000 | 16.22% | Deposit $20,000 to $99,999 in net new funds within 30 days of opening, then keep an average daily balance of at least $20,000 from day 31 for 45 days. |
| $800 | Deposit and hold: $100,000 | $100,000 | 6.49% | Deposit $100,000 or more in net new funds within 30 days of opening, then keep an average daily balance of at least $100,000 from day 31 for 45 days. |
Source
Checked against the bank's own page on .
Read the offer on E*TRADE's page (opens in a new tab)
Bonus Tally may earn a commission when you open an account through links on this page. It never changes the math or the ranking.
Pages we read
- Offer page on us.etrade.com, read
- Banks change and end offers without notice. Confirm every term on the bank's own page before you apply.
- Bank bonuses are generally taxable as interest income, and banks usually report them on Form 1099-INT. Are bank bonuses taxable has the detail.
- Bonus Tally is an information service, not a bank or a financial adviser. Nothing here is financial, tax or legal advice.
The verification log lists every offer with its source, and the methodology gives every formula.
Other bonuses from E*TRADE
E*TRADE and all its offersNo other live offer from E*TRADE is in the table.
Similar bonuses
Every live bonusLive personal offers from other banks, closest in size to this one, largest first.
| Bank and account | Bonus | What it takes | Cash to park | Annual rate | Checked |
|---|---|---|---|---|---|
| Capital One 360 Performance Savings | Bonusup to $1,500 | What it takesDeposit and hold$100,000 | Cash to park$100,000 | Annual rate6.08% | Checked |
| Live Oak Bank High-Yield Personal Savings | Bonus$300 | What it takesDeposit and hold$20,000 | Cash to park$20,000 | Annual rate6.08% | Checked |
| Barclays Tiered Savings | Bonus$200 | What it takesDeposit and hold$25,000 | Cash to park$25,000 | Annual rate2.43% | Checked |
| Chase SavingsAlready part of the $900 Chase Total Checking tier | Bonus$200 | What it takesDeposit and hold$15,000 | Cash to park$15,000 | Annual rate5.41% | Checked |