This schedule will assist you in reviewing the terms of our deposit products. They are part of our Account Agreement with you.
Changes are coming to the Max-Rate Checking Account effective November 1st, 2024. Click for more details.
Effective November 1, 2024, the following account fees for the Morgan Stanley Private Bank Max-RateChecking Account will be updated: Previously, a $15 monthly account fee was charged unless one of the following conditions were met: Banking products and services are provided by Morgan Stanley Private Bank, National Association, Member FDIC. Investment Products • Not FDIC Insured • No Bank Guarantee • May Lose Value
Overview Current Rates Calculation MethodRates
Minimum Deposits
Account Basics: Product-Specific Fees: Account Basics: To waive the $15 monthly account fee, the account holder must meet one of the following conditions: * Direct Deposit is a deposit initiated by an institution other than Morgan Stanley or any of its affiliates (including from an account held at Morgan Stanley Private Bank or Morgan Stanley Smith Barney, which includes E*TRADE from Morgan Stanley)which is processed via Automated Clearing House ("ACH"). The most common forms of Direct Deposit are Paychecks, Pension Checks and Social Security Checks. **The average balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in that period. Product Specific Fee Policy: We don't charge for: Account Basics: Product Specific Fee Policy: We don't charge for: What we do charge: Account Basics:Active Products
Premium Savings Account
Feature Functionality Rate Information Compounding & Crediting Minimum Balance Max-Rate Checking Account
Feature Functionality Rate Information Compounding & Crediting Account Maintenance Minimums Checking Account
Feature Functionality Rate Information Compounding & Crediting Certificate of Deposit (“CD”) Account
Feature Functionality Rate Information Interest Rate-setting Compounding & Crediting Maturity Transaction Limitations Early Withdrawal Penalties Terms Early Withdrawal Penalty -
Days of Simple Interest3-Month 20 6-Month 45 7-Month 50 9-Month 70 11-Month 80 12-Month 90 18-Month 135 2-Year 180 3-Year 270 5-Year 450
Account Basics: Product-Specific Fees: Account Basics: To waive the $10 monthly account fee, the account holder must meet one of the following conditions: *The average balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in that period. Product Specific Fee Policy: We don't charge for: What we do charge: Account Basics: To waive the $10 monthly account fee, the account holder must meet one of the following conditions: *The average balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in that period. Product Specific Fee Policy: We don't charge for: What we do charge: Account Basics: Product-Specifics: Legacy IRA CDs Legacy PrimeLink CDsSupported Products, But Can No Longer Open New Accounts
Complete Savings Account
Feature Functionality Rate Information Compounding & Crediting Minimum Balance Independent Checking Account
Feature Functionality Rate Information Compounding & Crediting Account Maintenance Minimums Money Market Account
Feature Functionality Rate Information Compounding & Crediting Account Maintenance Minimums Legacy Certificate of Deposits ("Legacy CDs")
Feature Functionality Rate Information Compounding & Crediting Time Requirements Transaction Limitations Early Withdrawal Penalties Withdrawal of interest prior to maturity
Transaction Fees There is a $25 fee for each item we attempt to pay from your account but are unable to process due to insufficient or uncollected funds. Uncollected funds are deposits in your account that are still on hold and are unavailable to pay debits drawn on your account. This fee can be avoided by verifying your available balance prior to making debits from your account and ensuring that all deposit holds have been lifted. For Checking and Max-Rate Checking accounts, this fee is waived. There will be a $25 processing fee for deposits made into your Morgan Stanley Private Bank account that are returned due to insufficient funds or stop payment requests. For Checking and Max-Rate Checking accounts, this fee is waived. There is a $25 fee for each check or transaction you would like us to stop payment on from your Morgan Stanley Private Bank account. For Checking and Max-Rate Checking accounts, this fee is waived. There is a $25 fee to wire funds out of your Morgan Stanley Private Bank account. For Checking and Max-Rate Checking accounts, this fee is waived for wire transfers placed online. Service Fees The E*TRADE CompleteTMDigital Security ID and any additional tokens will be provided at no cost to you. We, at our sole discretion, may impose a fee for this service in the future or may discontinue the service. To learn more about customer qualifications, please visitetrade.com. See our Bill Pay Terms & Conditions for fees charged in connection with our online internet bill payment service. Note: The fees, rates and benefits described in this schedule were current as of the date of publication, but are subject to change. You can obtain current information by calling us at 800-387-2331. Prices listed are subject to sales tax wherever applicable.Additional Fees Applicable to All Bank Accounts
Item Amount Description ATM fees $0 Morgan Stanley Private Bank will not charge you a fee for withdrawing funds from any institution's ATM, but the owner/operator of the ATM may charge a fee. Morgan Stanley Private Bank will refund the amount of the owner/operator's fee by the end of the same day that the withdrawal occurred to your eligible account if certain criteria is met. Refer to the Product Specific Fee Policies above for more details. Coverdraft $5 per transaction Coverdraft Protection is available for checking accounts and money market accounts. You must affirmatively enroll an eligible account to receive coverage. If you overdraw your eligible account, we may use our Coverdraft protection service to transfer funds from another one of your bank accounts (where the accounts are held by the same parties and are under the same primary taxpayer identification number) to cover the overdraft. Transfers are at our sole discretion and may be made in $100 increments. A fee may be assessed to your eligible account for each transfer, as noted below. Coverdraft protection does not involve the lending of funds, but rather transfers of available funds between your accounts. Foreign Transactions 1% of the transaction amount Morgan Stanley Private Bank imposes a charge equal to 1% of the transaction amount (including credits and reversals) for non-U.S. currency and foreign transactions. Insufficient Funds $25 per item Returned Deposits $25 Stop Payment Requests $25 per transaction Outgoing IRA Full Account Transfer $75 There is a $75 processing fee for transferring your full E*TRADE IRA account to another institution. Wires - Incoming $0 There will be no charge for wires deposited into your account. Wires - Outgoing $25 per wire Item Amount Description Digital Security ID Token $0 Legal Process $75 There is a $75 minimum fee, plus any research and copy fees, for legal processing affecting your account (e.g. subpoenas and levies). Overnight Mail $25 There is a $25 fee for expedited delivery of account related requests. Standard first-class USPS delivery of account requests is free unless otherwise noted. Paper Statement Copy $5 There is a $5 fee for each duplicate statement copy (or any paper statement copy for Complete Savings Accounts) you would like us to print and mail to you directly. If you have electronic statements, printable account statements are available for free atetrade.com. Paper Check Copy $0 There will be no charge for any check copy you would like us to print and mail to you directly. Research $25 per hour There is a $25 fee for each hour of research you request from a Morgan Stanley Private Bank financial services representative. Verification of Deposit $5 per request There is a $5 fee for each request to verify funds on deposit in your E*TRADE account. Deposits into your E*TRADE account can be verified for free in your account transaction history at etrade.com.
CRC 3635795 6/2024