Just opened an account. Figured they couldn't bee too bad since they were founded the same year my Alma Mater opened their doors.

But, geez... couldn't they find a better name?

Signed up May 2nd. Received Login email May 3rd. Received deposits arrived on May 4th. Logged in without any problems.

shankman007 said:I have a similar question - anyone used MS Money to download statements from them ? FAQ doesn't really have any info on this..

Got into my account for the 1st time today...just noticed in the "Transaction Search" area, there is a way to export OFX files.

Edit: Unfortunately, since Amboy is not in Quicken's list of financial institutions (you'll notice this when you set up the new account in Quicken), they complain when you try to open the OFX file generated by Amboy since they claim they can't "verify financial institution information" or some such. Also, Quicken 2005 doesn't allow importing QIF files into Savings accounts...DOH!!!

one downside is AmBoy diret is not on yodlee.

myth465 said:one downside is AmBoy diret is not on yodlee.

Not yet. Make a request in the Yodlee thread - myself and at least one other person already have.

dragon06 said:However, after verification, first, I couldn't find the option to do ACH transfer.

Same issue here. According to their online help, however, the "Funds Management" menu is supposed to have the "Issue a Fund Transfer" option. Is that what they added for you, and why wasn't it done automatically like their welcome email says???

Amboy & ING have referral bonuses, but HSBC has nationwide bank branches/ATM access

1. Amboy Direct (Amboy Bank branches only in New Jersey)
I. Type 1: Amboy Direct's Premium Savings Account, 4.75% APY (annual percentage yield ie yearly interest accrual) -Info/Sign Up: http://www.amboydirect.com/premiumsavings/

II. Type II: Amboy Direct eSavings Account, 4.10% APY
-Info/Sign Up: http://www.amboydirect.com/OpenSavings.html
-Referral Bonus: open this account type thru existing account member's invite & new member will receive $50 & existing member (inviter) receives $25; inviter can max. sign-up 10 others & qualify for the referral bonus, ie $250 max. in referral bonuses
-note: eSavings Account requires $100 initial deposit (vs $1 for Amboy Premium Savings Account)
https://www.amboydirectbank.com/referafriend.asp
https://www.amboydirectbank.com/referafriend2.asp

2. HSBCdirect.com Online Savings Account, 4.50% APY (HSBC bank branches accessible in US/worldwide; ATM card available) -Info/Sign-Up: http://www.hsbcdirect.com/

3. ING Direct Orange Savings Account, 4.15% APY (no ING bank branches in the US; no ATM card option)
a. Info/Sign-Up: http://home.ingdirect.com/
b. Referral Bonus: open account thru existing account member's invite & new member will receive $25 & existing member (inviter) receives $10; inviter can max. sign-up 25 others & qualify for the referral bonus, ie $250 max. in referral bonuses
-note: if opening thru invite new member required to make $250 initial deposit instead of $1

I wonder if I can concert my maximizer account I have with them that has a .05 balance.

I had a maximizer acct with amboy and requested the new premiumsavings as well. I was told I needed to close out my maximizer acct(.63), and proceed with opening the new one.

I did that quite easily. I am now waiting for their two deposits to show up in the linked acct .Since I was already a customer, perhaps it will be easier.

I have found Amboy a pleasure to work with.

I applied earlier this week and just verified my deposits via SeaMonkey (what was the old Mozilla suite). When I log in, I don’t get the menus like in IE, and even in IE, I don’t have the option to transfer funds like some others. When I refresh the page, and I get a message that my session has expired and I have to log in again. Gaah! If I have to use IE every time, and they can’t even set up my account correctly the first time, then it isn’t worth it.

hsnam95 said:The account summary says Current Interest Rate is 4.65% now.
Isn't it 4.75%?

APY vs. APR