Make The Most of Your Cash   
3.00% APY*
Preferred Savings Program for Qualifying Cash




Morgan Stanley Private Bank, National Association (MSPBNA) | Morgan Stanley Bank, N.A. (MSBNA)

Take advantage of our Preferred Savings Program 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 over 17X the National Savings Average(1)

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

Convenient and Flexible Access to Funds

With same day availability2, provides convenient access to your cash reserves within your investment portfolio.

Your Deposits Are FDIC Insured

Deposits are FDIC insured, up to applicable limits.


Bar chart showing Morgan Stanley Savings Program highest against competitors

Annual percentage yields on competitor accounts as of 9/27/225

2 T-Bill rate is sourced from US Treasury Daily Yield Curve Rates as of September 27, 2022
3 Institutional money market fund rates as of September 27, 2022, according to Crane Data
4 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 September 19, 2022. (
5 More information about the competitor rates may be found on the respective competitor websites of Bank of America, Chase, and Wells Fargo. Rates reflect the highest standard tiered rate in New York as of 9/27/2022. We believe the above competitor information to be reliable, but neither Morgan Stanley Private Bank nor its affiliates guarantee its accuracy, timeliness, or completeness.

Get Started Today

Qualifying Cash deposits made in the last 30 calendar days are eligible.

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

Qualifying Cash is defined as new cash proceeds into the Banks in the last 30 calendar days, 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 cash outflows, in a client’s brokerage account. Net proceeds from weekends and holidays will be included if they immediately precede the first day of the 30 day period.

Terms and conditions apply (see below for details)