Skip to main content
E*TRADE's Big Savings Bonus: Up to $2,000 for New Accounts!
Published on January 3, 2026, 2:07 AM

Disclosure: awardtrail earns revenue through display advertising and may earn commissions on some links at no cost to you. Commercial relationships never influence our editorial content or recommendations. Full disclosure →

E*TRADE is offering a pretty sweet deal for anyone looking to stash some cash! If you're a new customer, you can snag a bonus of up to $2,000 by opening a Premium Savings Account. Just deposit the required amount within 30 days and keep it there for another 45. Make sure to use the promo code SAVE26 when you sign up! The bonus tiers are: $300 for $20k, $750 for $50k, $1,000 for $75k, $1,500 for $100k, and the big one, $2,000 for depositing $200k. The offer is valid until February 28, 2026.

This matters because it's essentially free money, boosting your savings return beyond just the account's interest rate (which is already at a competitive 3.50%!). It's like getting a 1% bonus on top of that, making it a great place to park some funds you aren't immediately using. Plus, there's no monthly fee to worry about. Even better, if you've been eyeing the Morgan Stanley AmEx Platinum card, opening this E*TRADE savings account might help you qualify.

One small caveat: you need to be a new E*TRADE savings account customer and a U.S. resident. Also, remember that the bonus will be reported to the IRS as income, so you'll get a 1099 form. But hey, a little tax on a big bonus is a price most of us are willing to pay! Check it out if you have some savings sitting around – it's definitely worth considering.

Why This Matters for Your Strategy

News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.

As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.

Explore Related Tools

Comments (0)

Community Discussion

Sign in to share your experiences and insights with fellow award travelers.

Sign In or Register

awardtrail's editorial content is produced independently. Financial institutions, credit card companies, airlines, and hotel chains do not provide this content and have not reviewed, approved, or endorsed it. The opinions shared are exclusively the author's.

© 2026 awardtrail. All rights reserved.