Rate updated · 103 banks tracked

E*TRADE savings account rate: 3.50% APY

E*TRADE pays 3.50% on its savings account — ranking in the upper half of the 103 banks SwitchWize tracks, where the best available rate is 4.28%. (Updated August 2, 2026.)

Is E*TRADE a good savings rate? Not really. At 3.50% it trails the 4.28% best available rate, leaving about $196 a year on the table on a $25,000 balance.

The gap, in your dollars

At 3.50%, $25,000 earns $875/yr here versus $1,071/yr at the field leader — a $196/yr difference.

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Higher-paying alternatives we track

Rates subject to change. Verify before switching.

Is it safe to switch? Any FDIC-insured bank carries the same federal deposit protection — the same coverage big banks carry. Verify E*TRADE and alternatives →

Frequently asked questions

What is E*TRADE's savings account interest rate?

E*TRADE pays 3.50% APY on its savings account as of August 2, 2026, based on rates SwitchWize tracks across 103 banks.

Is E*TRADE's savings rate good?

E*TRADE's 3.50% ranks in the upper half of tracked banks. The best available rate is 4.28% and the FDIC national average is 0.38%.

Which banks pay more than E*TRADE?

Higher-paying tracked options include salem five, langley, north american. Compare rates at /banks to find the best current option.

General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.