Experience Better Banking Today

PLEASE READ THE IMPORTANT DISCLOSURES BELOW.

* 02/05/2026, Buy Side from Wall Street Journal. Reprinted with permission by Dow Jones & Company, Inc.

** U.S. News and World Report

1.        In the following disclosure, the words “we”, “us”, and “Bank”, refer to Morgan Stanley Private Bank, National Association ("Morgan Stanley Private Bank"), Member FDIC.

ELIGIBILITY AND LIMITATIONS:

To be eligible for this offer, you must open a new Premium Savings Account (PSA) during the Enrollment Period. The Promotional Annual Percentage Yield (“Promotional APY”) will be automatically applied to the account and will remain fixed for 180 days (the “Promotion Period”). After the Promotion Period ends, the rate will automatically revert to the Standard APY without any action required.

This offer is only valid for a new Premium Savings Account. This offer is not valid for Checking, Max-Rate Checking or line of credit, or other accounts that MSPBNA or its affiliates offer. IRA and non-IRA Brokerage accounts are ineligible. The Promotional APY offer is a standalone promotion and is not associated with, nor does it form part of, any PSA Cash Bonus Offer. For details regarding PSA Cash Bonus Offers, please refer to the applicable Terms and Conditions. Excludes non-U.S. residents, and residents of any jurisdiction where this offer is not valid. 

Other restrictions may apply.

OFFER RULES FOR ALL PARTICIPANTS:

Account Opening: To participate in this offer, you must open a new Premium Savings Account during the Enrollment Period. No minimum initial deposit is required to open an account however, accounts not funded within 30 days will be closed.

Enrollment Period: February 11, 2026 – March 19, 2026. We reserve the right to modify or end the offer at any time without notice.

Promotion Period: You will begin to earn the Promotional APY immediately upon account opening, with no minimum deposit amount required to qualify. The Promotional APY is only effective for 180 days, after which the rate will automatically revert to the Standard APY without any action required.

Standard APY: The Standard APY is variable and subject to change at any time. Information on current Standard APY can be found by visiting etrade.com/ratesheet. 

Promotional APY: The Promotional APY under this offer is 3.75%, and applies only during the Promotion Period. We reserve the right to modify, suspend, or terminate the Promotional APY at any time.

Maximum Deposit Eligibility: The maximum deposit eligible for the Promotional APY is $10MM.  In the event that the account balance exceeds the maximum deposit by an amount greater than or equal to $10MM (or such lesser amount at our sole discretion), all deposit balance in the account may earn the Standard APY starting 30 days after we notify you and continuing for the remainder of the Promotion Period.

Interest: Interest on both the Promotional and Standard APY will accrue from the date of deposit to the last full day before the date of withdrawal. Interest is compounded daily and will be credited to your account on a monthly basis. Interest will be paid to the account where the deposit is made. If you close your account before interest is credited, you will receive the accrued interest through the last full day prior to the account closure. Please visit https://us.etrade.com/l/f/agreement-library/bank-rate-fee-schedule for more information.

ADDITIONAL TERMS:

You must keep your account open and in good standing to receive the Promotional APY. If your account is in default, restricted or closed for any reason prior to such time, including being closed by us, then you may not be eligible for the offer.

If we determine, in our sole discretion, that you have violated the Morgan Stanley Private Bank, National Association Deposit Account Agreement or have engaged in abuse, misuse, or gaming in connection with your account, we may determine that you are not eligible for the offer. In such circumstances, we may rescind or withhold the Promotional APY.

Morgan Stanley Private Bank, National Association, Member FDIC reserves the right, in accordance with applicable laws, to terminate this offer at any time and to rescind or decline award payment for any reason.

2. Based on comparison to the National Deposits Savings Average Annual Percentage Yield (APY) as published on the FDIC Weekly National Rates and Rate Caps Weekly Update, as of February 17, 2026.

3. The Premium Savings Account gives Morgan Stanley Private Bank, National Association, Member FDIC the ability to send any amount held on deposit in your Premium Savings Account to other depository accounts at Federal Deposit Insurance Corporation (“FDIC”) member banks with the purpose of affording you additional FDIC insurance coverage. It is designed to offer up to $500,000 in FDIC coverage to individual accounts (up to $1 million for joint accounts). Certain conditions must be met. Learn more

4. No minimum initial deposit is required to open this account. However, account must be funded within 30 days to remain open.

5. As of  3/12/2026, the Annual Percentage Yield (APY) of the Max-Rate Checking Account is  2.00%. Your interest rate and APY may change at any time and fees may reduce earnings. Please visit etrade.com/ratesheet  for information regarding interest rate tiers, current interest rates, and corresponding APYs.

6. Based on comparison to the National Deposits Checking Average Annual Percentage Yield (APY) as published on the FDIC Weekly National Rates and Rate Caps Weekly Update, as of February 17, 2026. 

7. With Max-Rate Checking, Morgan Stanley Private Bank, National Association ("Morgan Stanley Private Bank") will not charge you a fee for withdrawing funds from any institution's ATM but the owner/operator of the ATM may charge a fee. In those cases, we will refund ATM fees charged worldwide. For additional information and important details about how the ATM fee refund will be applied, please visit the etrade.com/rateandfee for more details.

8. Morgan Stanley Private Bank may impose a charge equal to 1% of the transaction amount (including credits and reversals) for non-U.S. currency transactions charged depending on your account type. Refer to the etrade.com/rateandfee for more details.

9. Deposits held in checking accounts are FDIC insured to up to $250,000. Learn more.

10. The $15 monthly account fee can be waived when you maintain an average monthly balance of at least $5,000 in the Max-Rate Checking account on or after the end of the second calendar month from opening the account.

11. With Checking, Morgan Stanley Private Bank, National Association ("Morgan Stanley Private Bank") will not charge you a fee for withdrawing funds from any institution's ATM but the owner/operator of the ATM may charge a fee. In those cases, we will refund ATM fees charged nationwide. For additional information and important details about how the ATM fee refund will be applied, please visit the etrade.com/rateandfee for more details.

Banking products and services are provided by Morgan Stanley Private Bank, National Association, Member FDIC.

Morgan Stanley at Work services and E*TRADE from Morgan Stanley are provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

Investment Products - Not FDIC Insured - No Bank Guarantee - May Lose Value

Employee stock plan solutions are offered by E*TRADE Financial Corporate Services, Inc., Solium Capital LLC, Solium Plan Managers LLC and Morgan Stanley Smith Barney LLC (“MSSB”), which are part of Morgan Stanley at Work.

Morgan Stanley at Work services and stock plan accounts are provided by wholly owned subsidiaries of Morgan Stanley.

Morgan Stanley at Work stock plan accounts were previously referred to as Shareworks, StockPlan Connect or E*TRADE stock plan accounts, as applicable.

In connection with stock plan solutions offered by Morgan Stanley at Work, securities products and services are offered by MSSB, Member SIPC.

E*TRADE from Morgan Stanley is a registered trademark of MSSB.

All entities are separate but affiliated subsidiaries of Morgan Stanley.

The laws, regulations, and rulings addressed by the products, services, and publications offered by Morgan Stanley and its affiliates are subject to various interpretations and frequent change. Morgan Stanley and its affiliates do not warrant these products, services, and publications against different interpretations or subsequent changes of laws, regulations, and rulings. Morgan Stanley and its affiliates do not provide legal, accounting, or tax advice. Always consult your own legal, accounting, and tax advisors.

©2026 E*TRADE from Morgan Stanley. All rights reserved. E*TRADE Copyright Policy

CRC#5267206  03/2026