DOC Compass — Offers, decoded

There is now a $250 bonus, more information here.

Update 4/10/26: Interest rate is now 3.25%. The initial promo offer has increased and is now giving 4% for 6 months (bonus .75%).

Update 3/12/26: Signup bonus is expired. The 3.75% rate for 6 months is still showing as available.

Update 2/11/26: E*Trade has sweetened the deal now: on top of the bonus described below, they’ve added a 6-month intro APY rate of 3.75% instead of their regular rate of 3.35%. The bonus+rate is valid from 2/11 through 3/11/26.

Offer at a glance

Maximum bonus amount: $2,000
Availability: Nationwide
Direct deposit required: None
Additional requirements: See below
Hard/soft pull: Unknown
ChexSystems: Yes, but approves if frozen
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: Unknown
Household limit: None
Expiration date: February 28, 2026

The Offer

Direct Link to offer

E-Trade is offering a bonus of up to $2,000 on their premium savings account. Deposit funds within 30 days of account opening and maintain balance for 45 additional days beyond the 30th day. Use promo code: SAVE26 at signup.
- Deposit $20k and get $300
- Deposit $50k and get $750
- Deposit $75k and get $1,000
- Deposit $100k and get $1,500
- Deposit $200k and get $2,000

The Fine Print

- To be eligible for this offer, you must apply a valid promotional code obtained through one of our authorized affiliate marketing partners at the time of account opening. This promotional code is intended for single use only and is non-transferable.
- 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 we or our affiliates offer. IRA and non-IRA Brokerage accounts are ineligible.
- This offer is only eligible to one new opened and funded Premium Savings Account (PSA) within thirty (30) days.
- Excludes non-U.S. residents, and residents of any jurisdiction where this offer is not valid.
- Each customer is limited to a lifetime maximum of two new PSA offers.
- After the requirements are satisfied, we will deposit the bonus within thirty (30) days following the end of the Maintenance Period. You must keep your account open and in good standing to receive the bonus. If your account is in default, restricted or closed for any reason prior to such time, including being closed by us, you will not be eligible for the bonus.
- All bank bonuses get a tax form 1099.

Avoiding Fees

There is no monthly fee on this account.

Our Verdict

The older offer maxed out at $1,000, this now has a $2,000 tier and all of the tiers are better. The bonus itself is pretty good – basically a 1% bonus if you meet the exact tiers required. The savings account also has a competitive interest rate as well (currently 3.50% at time of this writing).

New customers only. I believe E*trade or Morgan Stanley customers who never had an E*trade Savings account would be eligible, but that could be worth verifying.

Some people are anyway also interested in having a free E*Trade account in order to qualify for the Morgan Stanley AmEx Platinum card; I assume this savings account would work for that. There’s also a $300 E*trade checking bonus currently available.

This is a solid deal for someone with cash reserves. I’ve added it to our Best Savings Bank Bonuses page.

(An older offer they once ran had some confusing language about targeting while this one appears to be a clean, public offer. They did manage to add a bit of confusion by writing “you must apply a valid promotional code obtained through one of our authorized affiliate marketing partners”, but I assume the public landing page is an authorized source and would work for anyone.)

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