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Your interest rate and APY may change at any time. Interest is compounded daily. Interest will compound from the date of deposit to the last full day before the date of withdrawal. Interest will be credited to your account on a monthly basis. 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.
No minimum initial deposit is required to open this account. However, account must be funded within 30 days to remain open. Except for fixed-rate certificates of deposit, which earn the same interest rate through maturity, the interest rate and annual percentage yield APY on deposits can change as often as daily, at our discretion, without prior notice to you.
Information on current interest rates and APYs can be found by visiting etrade. We use the daily balance method to calculate interest on accounts. This method applies a daily periodic rate to the principal in the account each day.
This table does not include all companies or all available products. Bankrate does not endorse or recommend any companies. Published January by Liz Hund. Our experts continually research, review, and rate banks to help you objectively compare and choose financial institutions to fit your needs. Free Checking. E-Trade Bank is especially worth considering if you also invest at E-Trade and want products from the same parent company. There are no minimum deposit requirements to open a savings account.
Customers have check-writing privileges and the first checkbook is complimentary. The requirements to avoid fees are steep compared to other interest-bearing checking accounts.
There is no minimum deposit required to open a Premium Savings Account. However, the account must be funded within 30 days to remain open. There are no monthly service fees or minimum deposit requirements. Max-Rate Checking is an interest-bearing account from E-Trade. The other checking product offered is E-Trade Checking. If you are on the hunt for an online bank provider, E-Trade Bank is worth considering.
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