1.70% APY Preferred Savings for Qualifying Cash

Consolidate your cash or rebalance your portfolio at Morgan Stanley. Take advantage of our Preferred Savings for Qualifying Cash offer with flexible options and more ways to save. There are two ways you may participate, either 1) bring new cash deposits from external sources or 2) use proceeds from the sale, income or distribution from securities in your eligible Morgan Stanley brokerage accounts.

Competitive Rate Currently Over 18x the National Savings Average*

Your rate may adjust at any time in accordance with the prevailing rate environment.**

Convenient and Flexible Access to Funds

With same day availability, provides convenient access to your cash reserves within your investment portfolio.1

Your Deposits Are FDIC Insured

Deposits are FDIC insured, up to applicable limits.

Get Started Today

Qualifying Cash** deposits made November 27, 2019 through the first quarter of 2020 are eligible.

Minimum initial deposit of $1,000; Maximum deposit of $10,000,000 across both banks.

Qualifying Cash is defined as new cash deposits into the Bank Deposit Program (BDP) after November 27, 2019, inclusive of deposits from external sources and proceeds from the sale of money market funds, mutual funds, fixed income, equities and all other securities, net of any BDP withdrawals, in your brokerage account.

Terms and conditions apply (see below for details)