Website: http://www.etrade.com

Authority: E*TRADE Financial Corporation is a financial services company in the United States. Through its Federal Savings Bank subsidiary Etrade Bank, it provides banking services and products to its customers including savings accounts.

How to open an Etrade Premium Savings Account:

- New US customers can open an account on their website at the US website -  http://us.etrade.com  by completing an online application form or downloading it and completing it offline.

- You can also call 1-800-ETRADE-1 (1-800-387-2331) to speak to a representative for questions and guidance about opening up an account.

-  You can also chat to a customer service representative online through a chat application.

-  You can also visit one of the 26 ETrade branch located in the United States with locations including Arizona, California, Colorado, DC, Florida, Georgia, Illinois, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Texas and Washington.

What information you may require when applying online to open a US Etrade Premium Savings Bank Account:

The Etrade website indicates to open an account the following minimum requirements as an applicant including a residential street address, driver's license, military or state issued ID, social security number and DOB. To specifically apply online you must be a U.S resident with a valid U.S address and social security number.

How to fund your Etrade Premium Savings Account:

Their are various ways to fund your account including wiring the funds, mailing a check, ACH transfer, direct deposit as well transferring from another Etrade account. 

Information to consider for a Etrade Premium Savings Rate:

Etrade's premium savings accounts are FDIC insured up to the applicable limit.  Etrade through its website indicates that for its money market, checking account and savings deposits it calculates the fair value rate by the reporting date. This would differ with certificates of deposit which fair value is calculated with discounting future cash flows for deposits of similar maturities. However like other banks, interest rates are highly influenced by a number of factors including the fed funds rate as well regulations.  Another factor is that Etrade uses deposits as its primary source of funding through its various sweep, money market and savings accounts. They consider these deposits to be less rate sensitive then fixed cost borrowing wholesale since these deposit accounts can be repriced at Etrade's discretion.

The interest rate and requires $100 minimum initial deposit. When applying online it requires the applicant must be 18 years of age or older as well as a U.S. resident with valid Social Security number.