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Citi just released a new checking account bonus last week. Just followed Citi’s step, Amboy Direct is offering a $50 sign-up bonus for its Amboy Direct eSavings Account. Amboy Direct was offering $50 bonus back to this February. If you are not familiar with Amboy Direct, Amboy Direct is a division of Amboy National Bank which has been around for 118 years. The Amboy Direct division is aimed at online banking and has been around for about ten years.

This offer is good through 09/30/2008. Another reason why I introduce this banking bonus is the yield on the eSavings account is now 3.25% APY for balances of over $3K.

How to receive the $50 bonus?

To receive the $50 bonus, you must open a new Amboy eSavings account and keep a minimum monthly average balance of $3,000 or more for 90 days. The bonus will be credited within the following statement cycle after account meets 90 day balance requirements. Only one new client bonus per household. This bonus offer cannot be combined with other promotional offers. Offer good until 9/30/08.

Please note that if you previously have an account at Amboy Direct, you are not qualified to get the $50 bonus.

Features of the eSavings Account:

• No monthly balance minimums or service fees
• $100 minimum opening balance
• 3.25% APY on balances from $3K to $100K
• 1.00% APY on balances from $300 to $2,999
• No interest on balances below $300

The Amboy Direct’s eSavings Account has the ACH transfer feature like ING Direct’s Organge Savings Account, HSBC Direct Savings Account or Capital One Savings Account does. The ACH feature can allow you to do direct deposit to other bank accounts. Meanwhile, there is no hard pull during the account opening process.

Another banking news is TD Banknorth is offering a 2GB iPod Shuffle for opening a new checking account with direct deposit before 09/17/2008. If you apply for their credit card on the same day you apply for the checking account and get approved, you can get a 4GB iPod Nano.

You can either apply online at their website or you can go to the local branches to open an account. But this bonus is only eligible to residents in Maine, New Hampshire, Vermont, Massachusetts, Connecticut and Upstate New York. Promotion page can be found here.