Flagstar BankChecking accountChecked Oct 10, 2026Updated
Flagstar Ready Checking
- A year for an everyday customer
- −$120 fees and interest, $2,000 kept
- To open
- $50 to open
- On our list
- #786 of 986 checking accounts, by a year’s value for an everyday customer
Bonuses
$300For new customers
You must be a new personal checking customer of Flagstar Bank, open a Flagstar Ready Checking account, and within the first 90 days receive one or more direct deposits totaling at least $500 during each of three consecutive 30-day timeframes, for a cumulative total of at least $1,500.
$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
- $10 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- All of these:
- Total direct deposits (or ACH credits) of $500 or more per statement cycle
- Enroll in Online or Mobile Banking and sign up for e-Statements
- Primary account holder is 24 years old or younger
- An average daily balance of $1,000 or more each statement cycle
- 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
Who can open it
- Minimum age
- 18Source · checked Oct 10, 2026
Features
ATM fee rebatesBill payBranch accessCard lockDebit cardFree checksInterest bearingMobile check depositMobile walletNo minimum balanceOnline openingSavings round upsSpending 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