Footnotes:
1 In the event international ATM operators don’t report these fees to Morgan Stanley, the client may need to contact Morgan Stanley to have the ATM fee rebated. Reserved and CashPlus clients are eligible for unlimited global ATM fee rebates. All other clients are eligible for up to $200 in annual global ATM fee rebates.
2 Qualifying Cash is defined as new cash proceeds into the Banks in the last 30 calendar days, inclusive of deposits from external sources and proceeds from the sale of money market funds, mutual funds, fixed income, equities and all other securities, net of any cash outflows, in a client’s brokerage account. Net proceeds from weekends and holidays will be included if they immediately precede the first day of the 30 day period.
DISCLOSURES:
Banking products and services are provided by Morgan Stanley Private Bank, National Association, Member FDIC.
Deposits will be held at Morgan Stanley Private Bank, National Association (MSPBNA) and/or Morgan Stanley Bank, N.A. (MSBNA) (Banks) for a total potential promotional balance of up to $10,000,000 across the two Banks.
Qualifying Cash balances are calculated based on the prior day's ending Bank Deposit Program balance.
Preferred Savings Program for Qualifying Cash is only available to brokerage accounts. An account at MSSB is either a brokerage account or a managed account. Managed accounts are accounts which are enrolled in certain advisory services offered at MSSB. All other accounts are “Brokerage Accounts.” For more information about managed accounts, please contact your Financial Advisor or Private Wealth Advisor or go to www.morganstanley.com/ADV.
Certain account types including government entities and financial institutions are not eligible for Preferred Savings Program for Qualifying Cash.
Preferred Savings Program for Qualifying Cash is available to clients with a legal address of record in eligible countries.
Other restrictions may apply.
The New Money CD's and Preferred Savings programs are only available to clients with a legal address of record in eligible countries. The following business types will be ineligible for the CD: Government entities, Investment Advisers, Investment Companies, Asset Managers, Pension Funds, Non-Regulated Funds, Regulated Banks and Financial companies including Foreign Banks, Credit Unions, Loan Companies, National Banks and State Banks, Insurance Companies, Broker Dealers and Securities Holding Companies.
This offer may be withdrawn at any time. Morgan Stanley Smith Barney LLC (MSSB) may impose order limits at its discretion.
New Money CD and Preferred Savings are only available in eligible brokerage accounts. An account at MSSB is either a brokerage account or a managed account. Managed accounts are accounts which are enrolled in certain advisory services offered at MSSB. All other accounts are “Brokerage Accounts.” For more information about managed accounts, please contact your Financial Advisor or Private Wealth Advisor or go to www.morganstanley.com/ADV.
Under the Savings and Preferred Savings Programs (“Savings”), Morgan Stanley Smith Barney LLC makes available interest-bearing FDIC insured deposit accounts(s) at either Morgan Stanley Private Bank, National Association or Morgan Stanley Bank, N.A., each a national bank, Member FDIC, and an affiliate of Morgan Stanley Smith Barney LLC, as selected by the client. Deposits placed in Savings are eligible for FDIC insurance up to $250,000 (including principal and interest) per depositor, per each bank selected by the client for all deposits held in the same insurable capacity (the Maximum Applicable Deposit Insurance Amount). All deposits per bank held in the same insurable capacity will be aggregated for purposes of the Maximum Applicable Deposit Insurance Amount, including deposits maintained through the Bank Deposit Program. The client is responsible for monitoring the total amount held with each bank. The bank also reserves the right to offer promotional rates from time to time. Detailed information on federal deposit insurance coverage is available on the FDIC’s website (https://www.fdic.gov/deposit/deposits/).
The Savings Programs are not intended for clients who need to have frequent access to funds and those funds will not be automatically accessed to reduce a debit or margin loan in your brokerage account. Withdrawals from an account in Savings are limited to 10 transactions per calendar month, and any withdrawal or transfer over the limit in any one calendar month will be subject to an excess withdrawal fee.
Morgan Stanley Private Bank, National Association and Morgan Stanley Bank, N.A. are Members FDIC that are primarily regulated by the Office of the Comptroller of the Currency.
The CashPlus Account is a brokerage account offered through Morgan Stanley Smith Barney LLC. Conditions and restrictions apply. Please refer to the CashPlus Account Disclosure Statement for further details at https://www.morganstanley.com/wealth-disclosures/cashplusaccountdisclosurestatement.pdf
The Morgan Stanley Debit Card is issued by Morgan Stanley Private Bank, National Association pursuant to a license from Mastercard International Incorporated. Mastercard and Maestro are registered trademarks of Mastercard International Incorporated. The third-party trademarks and service marks contained herein are the property of their respective owners. Investments and services offered through Morgan Stanley Smith Barney LLC, Member SIPC.
Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
©2024 Morgan Stanley Smith Barney LLC. Member SIPC. All rights reserved.
CRC#3665568 (07/2024)
