Advertiser Disclosure

Morgan Stanley Premier Cash Management

in Checking Accounts from Morgan Stanley · Member fdic

Unaffiliated

Morgan Stanley Premier Cash Management

Unaffiliated

in Checking Accounts from Morgan Stanley · Member FDIC

Net Recommendation Score +100

1 user recommends

0 users are unsure

0 users don't recommend

Browse Reviews: 1 Recommendations | 0 Complaints

Highlights
Community Rating	Rating not yet determined
Monthly Fee	$0 - $15
ATM Fee: Out-of-Network	$0
Minimum Balance to Avoid Monthly Fee	N/A
APY (Annual Percentage Yield)	0.15% - 0.75%

Morgan Stanley Premier Cash Management Review

Morgan Stanley Premier Cash Management is offered by Morgan Stanley, a bank founded in 1935 and based in Salt Lake City, UT. Morgan Stanley Premier Cash Management is available in 50 states (and Washington, DC).

Key Takeaways

Higher than average APY. Morgan Stanley Premier Cash Management has an annual percentage yield of up to 0.75%, which is higher than the average.
Charges a monthly fee. This account charges a monthly service fee of up to $15, but there are ways to waive the fee.
No ATM fees. Morgan Stanley Premier Cash Management does not charge fees on ATM transactions.
Up to $200 in ATM fee reimbursements. This account will reimburse you for the ATM fees charged by other financial institutions.
Free bill pay. Pay your bills to practically anyone in the United States through Morgan Stanley.
Hard credit pull. Morgan Stanley may require a hard pull on your credit report to open a checking account.

Morgan Stanley Premier Cash Management Pros & Cons

Pros

Cons

$550 Annual Engagement Bonus for Reserved Clients.
No foreign transaction fees for Reserved clients.
$1 million Identity Theft Insurance
Unlimited worldwide ATM fee rebates for Reserved clients. Non Reserve clients receive up to $200 in ATM fee rebates per year.
Available in all 50 states.
Interest-yielding account.
Free debit card and the option to lock/unlock the card if lost or stolen
No charge on incoming domestic or international wire transfers.

Qualification for Premier Cash Management is automatic, and is not available to everyone. Qualifications are based on aggregate cash management activity.
High financial qualifications to eliminate fees and maintain perks.
No signup bonus.
Not FDIC-insured.
Higher than average wire transfer fees.
Monthly service charge (if minimums are not met).

Morgan Stanley Premier Cash Management FAQ

Are checking accounts from Morgan Stanley federally insured?

Yes, your Morgan Stanley checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Morgan Stanley Premier Cash Management offer?

Morgan Stanley Premier Cash Management offers an APY starting at 0.15% and ranging up to 0.75% (APY stands for annual percentage yield, rates may change).

Morgan Stanley Premier Cash Management Rates and Terms
Rates	Amount
APY (Annual Percentage Yield)	0.15% - 0.75%

What are the account minimums for Morgan Stanley Premier Cash Management?

Morgan Stanley Premier Cash Management Account Minimums
Description	Amount
Minimum Opening Deposit	$
Minimum Direct Deposit to Avoid Monthly Service Fee	$2,500

What fees does Morgan Stanley Premier Cash Management charge?

This account charges a monthly service fee of up to $15.

Morgan Stanley Premier Cash Management Fees
Description
ATM Fee: In-Network	$0
ATM Reimbursement Monthly Limit	$200
Debit Card Replacement Fee	$0
Early Account Closure	$0
Foreign Transaction Fee (Debit Card)	0%
Monthly Fee	$0 - $15
NSF Fee	$25
Online Bill Pay Fee	$0
Overdraft Item Fee	$25
Overdraft Protection Fee (per transfer)	$25
Paper Statement Fee	$5
Returned Deposit Fee (Domestic)	$25
Returned Deposit Fee (International)	$25
Stop Payment Fee	$0
Wire Transfer Fee - Domestic (Incoming)	$0
Wire Transfer Fee - Domestic (Outgoing)	$25
Wire Transfer Fee - International (Incoming)	$0
Wire Transfer Fee - International (Outgoing)	$50
ATM Fee: Out-of-Network	$0

Does Morgan Stanley Premier Cash Management charge overdraft fees?

Yes, Morgan Stanley Premier Cash Management charges a $25 fee for every overdraft fee.

Morgan Stanley Premier Cash Management offers overdraft protection at a cost of $25 per transaction.

What features and perks does Morgan Stanley Premier Cash Management offer?

This account includes the following features:

ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks up to a monthly maximum of $200.
Fraud monitoring - Morgan Stanley Premier Cash Management monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - Morgan Stanley Premier Cash Management allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
Nationwide ATM network - Conveniently transact at a nearby ATM.

How do people rate the customer service and user experience of Morgan Stanley Premier Cash Management?

Overall, Morgan Stanley Premier Cash Management is strongly recommended based on community reviews that rate customer service and user experience.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.