Flagstar BankSavings accountChecked Oct 10, 2026Updated
Flagstar Performance Savings
0.00%APY on $10,000 · as of Oct 10, 2026
- A year on $10,000
- $0 after fees
- Monthly fee
- $15 a month
- To open
- $1 to open
- On our list
- #208 of 234 savings accounts, by a year’s value on $10,000
Visit FlagstarThe bank’s own page · checked Oct 10, 2026
What it earns in a year
Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.
| Balance | APY | A year, after fees |
|---|---|---|
| $1,000 | 0.00% | −$180 |
| $5,000 | 0.00% | −$180 |
| $10,000 | 0.00% | $0 |
| $25,000 | 0.00% | $0 |
| $50,000 | 0.00% | $0 |
| $100,000 | 0.00% | $0 |
Rates by balance
| Balance | APY |
|---|---|
| $0 to $9,999.99 | 0.10% |
| $10,000 to $24,999.99 | 0.10% |
| $25,000 to $49,999.99 | 3.20% |
| $50,000 to $99,999.99 | 3.20% |
| $100,000 to $499,999.99 | 3.20% |
| $500,000 and up | 3.20% |
Source: the bank’s rates · as of Oct 10, 2026
Rate conditions
- Balance needed for the APY
- $25,000Source · checked Oct 10, 2026
- To earn the APY
- Initial minimum opening deposit to earn the higher interest rate on the Flagstar Performance Savings account is $25,000
- account must be funded within 90 days of the approval date
- Interest compounds
- Interest on Flagstar savings accounts compounds daily and is credited monthly.Source · checked Oct 10, 2026
Fees
- Monthly fee
- $15 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Any one of these:
- Maintain a $10,000 average daily balance
- Maintain a Flagstar personal checking relationship
- Minimum to open
- $1Source · checked Oct 10, 2026
- ATM network
- 56,000+ Flagstar ATMs and over 300 branchesSource · checked Oct 10, 2026
- ATMs in the network
- 56,000Source · checked Oct 10, 2026
- Early closure fee
- $30Source · checked Oct 10, 2026
Who can open it
- Availability
- Area restrictions may apply.Source · checked Oct 10, 2026
Features
Bill payBranch accessInterest bearingMobile check depositOnline 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