UPDATE: This bonus has expired.
FNBO Direct $25 Bonus
FNBO Direct is giving away $25. They are trying to get people who are saving money with them to start using their Online BillPay Account. To encourage you to sign up they are offering $25 just for opening an FNBO Direct Online BillPay Account. This is a limited offer from FNBO.
Online High Interest Savings Accounts
If you read this blog often you know I’m big on online savings accounts and that I use ING DIRECT, coupled with their Electric Orange Account. Over the past few weeks I’ve started using FNBO Direct with a small amount of savings because of their competitive rate (3.50% APY) and the solid reviews they’ve received. I was very pleased with the ease of opening the account and the navigation of the website.
See my full review of FNBO DIrect’s Online Savings Account. I encourage you to check them out with me, score this free $25 for the Bill Pay account, and hopefully we’ll find a good savings product in the process. The process to get the $25 bonus is easy:
Steps To Get The FNBO $25 Bonus
Step #1 – Open an FNBO Direct Online Savings Account.
Step #2 – Once your savings account is fully established, use this link to open an FNBO Direct Online BillPay Account by 9/30/2008.
Step #3 – Make a bill payment within 90 days of opening the FNBO Direct Online BillPay Account.
The process to open both accounts is very easy: a simple one-page application for each and the confirmation of two small deposits for the savings account. You can open both accounts with $0. Here are the “fine print” details from FNBO about the offer.
“Limited Time Bonus Offer: If you are a current FNBO Direct Online Savings Account customer, you can earn a $25.00 bonus for opening a new FNBO Direct BillPay Account. We will credit the bonus to your BillPay Account within 30 days after it is opened. In order to earn the bonus, your BillPay Account must remain open for 90 days and you must make at least one BillPay payment during that period (we reserve the right to deduct the amount of an unearned bonus from any account you have with us). This offer is only applicable to BillPay accounts opened on or after 08/06/08 and is limited to one bonus per household. This promotion is set to end on 09/30/08, however, we may change or discontinue this offer at any time. The FNBO Direct BillPay Account pays an annual percentage yield of 2.50%. The APY is accurate as of 08/06/08 and is subject to change. Fees may reduce earnings.”
Let me know if you have any trouble opening your FNBO Direct Online Savings Account, Online BillPay Account, or getting your $25. Thanks.


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Thanks for sharing this deal. The idea of a checking account specifically for billpay and nothing else is definitely unique, we wrote an article about their online billpay account the other day. I’d be interested to hear in people’s personal experiences with it.