Flagstar BankChecking accountChecked Oct 10, 2026Updated
Flagstar Elite Checking
- A year for an everyday customer
- −$180 fees and interest, $2,000 kept
- To open
- $50 to open
- On our list
- #863 of 986 checking accounts, by a year’s value for an everyday customer
Bonuses
$500For new customers
You must be a new personal checking customer of Flagstar Bank, open a Flagstar Elite Checking account, and within the first 90 days receive one or more direct deposits totaling at least $2,500 during each of three consecutive 30-day timeframes, for a cumulative total of at least $7,500.
$200With a current customer’s referral · Flagstar Referral Program
The referred person must be a new Flagstar customer, register using the shared referral link, open a new eligible Flagstar personal checking account within 180 days of registering, maintain the account open for 90 days, complete at least 10
Fees
- Monthly fee
- $15 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Any one of these:
- You are an active-duty U.S. military member or a veteran
- An average daily balance of $25,000 or more in combined Flagstar linked personal deposit and/or wealth services accounts
- Minimum to open
- $50Source · checked Oct 10, 2026
- ATM network
- 56,000+ Flagstar ATMsSource · checked Oct 10, 2026
- ATMs in the network
- 56,000Source · checked Oct 10, 2026
Features
ATM fee rebatesBill payBranch accessCard lockDebit cardFree checksInterest bearingJoint accountsMobile check depositMobile walletNo minimum balanceOnline openingSpending alertsZelle
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money · Not stated: 1 item counted at typical fees