Monthly fee
$15
−$180 a year for an everyday customer: fees and interest, $2,000 kept.
Flagstar Bank · Checking account
Flagstar Elite Checking
−$180 a year for an everyday customer. $15 a month. $50 to open.
- A year, everyday customer
- −$180
- Monthly fee
- Receipt · Monthly feeChecked Nov 8, 2026
Issuer's page · flagstar.com
The source states this figure; we have no exact sentence on file yet.
- To open
- Receipt · Minimum to openChecked Nov 8, 2026
Issuer's page · flagstar.com
The source states this figure; we have no exact sentence on file yet.
Offer
Bonuses
$7,500 in direct deposits within 90 days. About $2,500 a month for 3 months.
Flagstar Elite Checking · Flagstar · for new customers
No end date postedMeet it within 90 daysNew customers only
“As a new personal checking customer, receive direct deposits (ACH credits) totaling at least $2,500 in each of three consecutive 30-day timeframes (days 1-30, 31-60, 61-90) after account opening, for a cumulative total of at least $7,500 within 90 days, to receive the $500 bonus 91-104 days after ac”The bank’s page, checked Nov 8, 2026
With 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
Against the market
How it ranks
#926of 1043 checking accounts, by a year’s value for an everyday customer
All 1043 checking accounts, rankedFeatures
- Bill pay
- Branch access
- Card lock
- Debit card
- Free checks
- Interest bearing
- Joint accounts
- Mobile check deposit
- Mobile wallet
- No minimum balance
- Online opening
- Spending alerts
- Zelle
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
In the bank’s words
Terms
Fees
- Monthly fee
- $15 a monthflagstar.com, checked Nov 8, 2026
- Ways to avoid the monthly fee
- No monthly fee for active and former military personnelflagstar.com, checked Nov 8, 2026
- Minimum to open
- $50flagstar.com, checked Nov 8, 2026
- ATM network
- Flagstar ATMsflagstar.com, checked Nov 8, 2026
- ATMs in the network
- 56,000flagstar.com, checked Nov 8, 2026
FDIC-insured, up to $250,000 per depositor, per ownership category: FDIC BankFind.
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