by Stephanie Manning

Created on: September 25, 2008

Whether you looking for a high interest savings account or, just looking for a savings account that is easy and convenient, then Amboy Direct Premium online savings account is a great option for both. Amboy Direct now has an online branch that is dedicated solely to online customers.

Interest Rates
Amboy Direct offers a competitive interest rate to all of their customers. Even their non-promotional rates are 1.00% on $300-2,999 and 3.25% on $3,000-100,000. While that's not the best rate, it is very fair. However, if you would like to catch a higher rate then check out their promotions. They run constant promotions with high-yielding interest rates well above 5.35% for new customers.

Perk
Aside from great interest rates, Amboy Direct Premium online Savings account also offers other great perks. The following are just a few of many great perks that you will receive while banking with Amboy Direct:

* Easy Access and money management
* 24/7 Access to electronic deposits
* 3 Electronic Withdraws a month with no fee
* Security and Safety
* "Guaranteed" Competitive rates
* No monthly fees
* No minimal account balance requirements.

In addition to these great features, Amboy Direct Premium Online savings accounts offers you're the most important part of it all, security and money safety. All money deposited are FDIC Insured. This will allow you to feel more safe and confident when you select the Amboy Direct Premium Online savings account.

Fees
No Fees! With today's economy it's hard to find things that don't come with some sort of fee; hidden or not. The Amboy Direct Premium Online savings account has no fees! No monthly fees, no fee's for low balances and defiantly no hidden fees or surcharges. However, there is one possibility for a fee, and that is only if you make more then 3 withdraws in a single month. Not that this should be a problem. After all, you are planning to save right?

How to Get Started
Singing up is fairly easy. You can apply online or with their 1-800 number. When applying you will need to provide any pertinent information just as you would with any other bank. Social security numbers, address, mother's maiden name, drivers license number and other personal information will need to be obtained.

Once you go through the application process you will need to make your initial deposit. The initial deposit is $100. However, you do not have a minimum balance requirement so if you needed you could withdraw the amount you needed back out shortly after.

While online banking is not the most traditional way of banking, it is a very easy way to bank. Amboy Direct's premium online savings account not only has great interest rates, many perks, and an easy application process, it's safe, easy, and requires little work to maintain. So the next time you are in the market looking for a new savings account, consider Amboy Direct's premium online savings account. That fast, free, easy way to earn while saving!

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