Open an Citibank Direct Ultimate Savings Account and get a $50 bonus. Here’s some more information:

• Annual Percentage Yield (APY) is accurate as of 05/01/2007.
• Use the Inter Institution Transfer service to move money between your Citi and non-Citi accounts.
• No minimum balance.
• No checking account required.
• Can only be opened online or over the phone, not available at Citibank Financial Centers.

To qualify for this offer you must apply for and open a new Ultimate Savings Account by 06/30/2007. Citibank is, of course, FDIC insured up to $100,000.