Read on to learn more about Amboy Direct Bank promotions, bonuses and offers.
Currently, they have offer a range of $50 to $250 bonuses when you open an account and meet all the requirements.
About Amboy Direct Promotions
Amboy Direct Bank is an online-only bank. While that means you can’t visit a physical building, you can still access your money anywhere at anytime as long as you have internet.
I’ll review the offers below.
Amboy Direct $250 Money Market Bonus
Earn a bonus when you open a new account!
Amboy Direct Bank is offering a $250 bonus when you open a new qualifying Money Market account. This offer is for New Jersey residents only.
- What you’ll get: $250 bonus
- Account Type: Money Market Max More
- Availability: NJ (Bank Locator)
- Direct Deposit Requirements: No
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: None Listed
- Household Limit: One
(No Expiration Date)
| BMO Smart Money Checking ($400 cash bonus*) | BMO Smart Advantage Checking ($400 cash bonus*) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
How To Earn Bonus
- Click the link on the offer page to get your promo code.
- For $250 bonus you must maintain a minimum monthly average balance of $30,000.
- Account will be credited $62.50 per quarter.
- Annual Percentage Yield (APY) is shown based on $30,000 balance.
- Competitor information is from Ratewatch survey on 05/11/2022.
- Earn 0.45% APY on $30,000 – $250,000; 0.20% APY on $5,000 – $29,999.99; under $5,000 and over $250,000 earns no interest.
- APYs may change daily.
- Fees may reduce earnings.
- One offer per new NJ Amboy Direct household.
- Offer may be modified without notice. $100 to open; $250,000 maximum.
- Not available at Amboy branches.
Amboy Bank $500 IRA Money Market Rollover Bonus (Expired)
Amboy Bank $500 IRA Money Market Rollover Bonus
Amboy Direct Bank is offering a $500 bonus when you deposit a select amount into your IRA Money Market account
- What you’ll get: $500 bonus
- Account Type: IRA Money Market
- Availability: NJ
(Offer Expires April 31, 2022)
| BMO Smart Money Checking ($400 cash bonus*) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | |
How To Earn Bonus
- Identify your non-Amboy retirement accounts.
- Stop by any branch before April 30th, request the transfer
- Bonus paid on net increase as of May 31st.
- For new funds only
- Can make multiple deposits to reach deposit requirement until 5/31/2022.
- Bonus will be added to your IRA on or before July 30, 2022.
- One bonus per new or existing customer who has not received past bonus, paid on net increase.
- Some IRA transactions, especially those involving transfers or rollovers from other banks can take up to six weeks or more.
- Money Market Account: Minimum Deposit $50. Annual Percentage Yield (APY) adjusts on January 1st and July 1st and is indexed to US Treasury Securities.
- Fees may reduce earnings.
- Consult your advisor for legal or tax advice.
- Member FDIC.
Amboy Direct $50 Savings Bonus (Expired)
Earn a bonus when you open a savings account!
Amboy Direct Bank is offering a $50 bonus when you open a new qualifying eSavings account.
- What you’ll get: $50 bonus
- Account Type: eSavings
- Availability: NJ
(No Expiration Date)
| AlumniFi Credit Union Savings (4.75% APY) | SoFi Checking & Savings ($325 Bonus + 3.80% APY) |
| Upgrade Premier Savings (4.15% APY) | Discover® Bank Savings (Up to $200 Bonus + 3.70% APY) |
| CIT Bank Platinum Savings (4.00% APY) | Harborstone Credit Union Money Market (4.30% APY) |
| FVCbank Advantage Direct Savings (4.55% APY) | Live Oak Bank Savings (4.10% APY) |
How To Earn Bonus
- Open up a new eSavings account with Amboy Direct with a minimum opening deposit of $100.
- To earn the $50 bonus, you need a minimum monthly average balance or $3,000 or more for 90 days. $50 will be credited next statement cycle.
- To maximize your savings, keep a minimum monthly average balance of $3,000 to earn a 1.51% APY.
- Offer code required.
- You are responsible for all taxes.
- Offer subject to change.
How to Waive Monthly Fees
- Advantage Checking: $20.00 monthly, can be waived when you:
- Maintain a minimum combined balance of $10,000 in Checking or Money Market or Statement Savings Account
- Have a home equity loan or line of credit with a balance of $15,000 or more
- Have a mortgage and/or home equity loan with a combined balance of $150,000 or more.
- Regular Checking: $10.00 monthly will be applied when balance goes below $1,000.
- Senior Checking: $5.00 monthly will be applied when balance goes below $200.
- New Jersey Consumer Checking: $3.00 monthly fee
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Bottom Line
These bonuses from Amboy Direct Bank are easy to earn, but the bonus just requires a lot of money to get started. There are also no monthly service fees so your money is yours to keep!
Your feedback is highly appreciated and makes our site even better!
While they have generous bonuses, Amboy Direct Bank doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
Compare Amboy Direct Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!
*Check back at this page for updated Amboy Direct Bank promotions, bonuses and offers.
Don’t GO NEAR IT!
Opened online account several years ago — doing everything they can to prevent withdrawal, bad news. You can have one funding account, that it also where a withdrawal would go (only option). I closed the funding account about a year ago — so we change our bank accounts online all the time. Not here. I had to send them a voided check with my current address, still not changed. THIS NEVER HAPPENS ANYWHERE, RIGHT? They wouldn’t change the address, that can be done online (and now I did). it’s part of the game — buys a little time, takes a little more of mine. Nice fresh web site look but that is funky as it has been, by the way.
Anyway, none of this needed human intervention. They have a handful of employees and it is a bad scene. It’s “ok, I have to go now” if you try to reason with them.
Anybody know if this is a repeatable bonus? I got it last year.