Home
Articles
Etrade Offering $25 to Open Savings Account and Fund with $1

Etrade Offering $25 to Open Savings Account and Fund with $1

Rate information contained on this page may have changed. Please find latest savings rates.

Author: Cindy Lewis on January 16, 2009 - modified on August 2, 2017

Etrade is offering $25 to open a new online savings account and fund it with $1. The $1 minimum deposit required to receive the $25 is as low as they get.

Etrade is offering $25 to open a new online savings account and fund it with $1. The $1 minimum deposit required to receive the $25 is as low as they get. Etrade's savings account pays out a decent rate compared to the best savings rates on the BestCashCow rate table. The bank has also received high marks for the ease of its account opening process and its money movement tools. I have an Etrade account and have never had a problem.

As a company, Etrade is hurting. It has received 0 out of 5 starts for safety and soundness according to Bauer Financial as of their Dec 09 bank reviews. It's stock is trading at $1.20, down from nearly $25 two years ago. If you decide to deposit money in Etrade, be sure to stay below FDIC insurance limits.

Compare the best savings rates on the BestCashCow rate tables.

Your code to embed this article on your website* :

*You are allowed to change only styles on the code of this iframe.