$25 Bonus Now Available for Amboy Direct's 5.15% Premium Savings Account

Amboy Direct now offers a $25 referral bonus for its new Premium Savings Account. Amboy's eSavings Account has long offered a $25 refer-a-friend bonus and a $50 sign-up bonus. However, this eSavings Account has never had competitive rates. Currently, it only has an APY of 4.28% for balances over $3K. Balances under $3K only earn 1%. On the other hand, the Premium Savings Account now earns 5.15% APY for balances over $1. Since Amboy started this Premium Savings Account back in April, the rate has remained very competitive.

The only problem with this refer-a-friend bonus is that it has the same requirement as the eSavings Account bonus in that it requires the friend to maintain a minimum $3K balance for 90 days. After this bonus period ends, the friend will receive $25 and the client who made the referral will receive $10.

Refer to this previous post for the features of this Premium Savings Account. With a history of high rates and no minimum requirements or monthly fees, this account may be something to keep for the long term. The $25 bonus just makes it a better deal.

I've just received a referral for this Premium Savings Account from a friend. The link in the email goes to the Premium Savings application page. The email comes with a reference code which needs to be entered into the application. The email confirms that the account earns 5.15% on balances over $1. Also it confirms that you need to keep a minimum balance of $3K for 90 days to receive the $25. It also states "Only one promotional account per household.".

My friend is willing to send out more referrals. Just send me an email at bankdeals@gmail.com with your full name, and I'll forward your request to him. Once I open my account, I'll be able to send you a referral directly.