Amboy Direct, the online banking division of Amboy Bank based in New Jersey, is offering one of the highest rate savings accounts in the nation and has added a bonus for new account holders.  Currently, new customers can earn a $50.00 bonus for opening a new online eSavings account with bank and earn the high yield that comes with the savings account.

The Amboy Direct eSavings account is a regular savings account that is funded and accessed online.  The savings account can be linked to a checking account so customers can easily move money to and from the savings account and their own checking account, without changing their current banking relationship.  Customers can authorize free online transfers at any time (24/7) to either the Amboy Direct account or to their current checking account.

The Amboy Direct eSavings account has consistently been a top ten bank savings account based on the annual percentage yield.  The interest rate on the account at the present time is more than ten times the national average for balances between $3,000.00 and $100,000.00.

The minimum initial deposit for the Amboy Direct savings account is $100.00.  The account has a tiered interest rate with balances of 0.00 to $300.00 receiving no interest, balances from $300.00 to $2,999.00 earning the minimum interest rate, and balances of $3,000.00 to $100,000.00 earning the maximum rate available.

To earn the $50.00 bank bonus, new account holders need to maintain a minimum monthly average balance of $3,000 or more for 90 days.  $50.00 will then be credited to the account holder by Amboy Bank on the next statement cycle.

The bank promotion is limited to one offer per new Amboy Direct household.  The bank offer may be modified by the bank at any time without notice.  Fees may reduce earnings.  The bank promotion is not available at Amboy Bank branches.

More information about Ambo Direct products and the current bank promotion can be obtained by visiting the bank website at or calling the bank at 877-22-AMBOY.  The Amboy Bank direct online banking branch is located at 3590 US Highway 9 Old Bridge, NJ 08857.

Amboy Bank is a full service commercial bank headquartered in the Township of Old Bridge, New Jersey.  The bank was established in 1888 and the online banking division, Amboy Direct, was established in 2003.  All accounts at Amboy Bank and Amboy Direct are FDIC insured up to the maximum allowable by law.

The bank and bank rate information presented is believed to be reliable, but may have changed since this publication date, the information is not guaranteed.  Contact the bank directly for the most update and accurate information regarding the bank rates and account information.

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