Amboy Direct is offering 1.51% APY on balances over 3,000 in their online eSavings account. This savings account also includes a $50 bonus for new customers.

Balances under 300 will earn no interest, and balances under 3000 will earn 1.01% APY. In order to qualify for the $50 bank bonus, you must maintain 3,000 balance in the account for 90 days. This rate is current as of 6/24/2009. Amboy Direct is FDIC insured.