Amboy Di
rect recently made significant modifications to their website and removed all references to their “Premium Online Savings Account” and instead are promoting their “eSavings Account” offering which has a higher minimum balance and a different fee structure.
It turns out that Amboy Direct is still offering their premium online savings account product, but they are no longer advertising it on their homepage. Amboy has now created a new landing page for premium online savings account offering, but are no longer promoting it. The bank has confirmed that they are still accepting new customers for this product.
Amboy is also currently offering $50.00 for New Jersey customers to sign up for their eSavings account. To qualify for the bonus, a customer must open a new account and maintain a balance of $3000 or more for 90 days. This bonus can be seen on their eSavings account page.
The primary difference between the now-promoted eSavings account and the previous premium online savings account is that in order to receive the 1.51% APY interest rate, customers must have a balance of $3,000 or greater under the eSavings account versus $1.00 under the premium online savings account.
