ETrade Premium Savings Account Review: Is It Worth It? Andrei Stanescu / Getty Images As Americans slowly realize they are being scammed with regular savings accounts, premium savings accounts have grown in popularity. While banks would prefer you keep your money in low-yield accounts, they have begun to offer accounts with more features and higher yields in order to retain customers. ETrade is no different. Premium savings accounts, also known as high-yield savings accounts, offer the same (and in some c ...