RateHerald

Monthly fee

$10

$0 a year for an everyday customer: fees and interest, $2,000 kept.

Flagstar Bank · Checking account

Flagstar Ready Checking

$0 a year for an everyday customer. $10 a month. $50 to open.

Checked Nov 8, 2026Updated

A year, everyday customer
$0
Monthly fee
To open

Offer

Bonuses

$300

$1,500 in direct deposits within 90 days. About $500 a month for 3 months.

Flagstar Ready Checking · Flagstar · for new customers

No end date postedMeet it within 90 daysNew customers only

“As a new personal checking customer, receive one or more direct deposits (ACH credits) totaling at least $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 $1,500 within 90 days, to receive the $300 bonus 91-104 day”The bank’s page, checked Nov 8, 2026

Can you meet it? The bank bonus finderAll bank bonuses

$200

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

#315of 1043 checking accounts, by a year’s value for an everyday customer

All 1043 checking accounts, ranked

Features

  • Automatic savings
  • Bill pay
  • Branch access
  • Card lock
  • Debit card
  • Mobile check deposit
  • Mobile wallet
  • No minimum balance
  • Online opening
  • Savings round ups
  • 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
$10 a monthflagstar.com, checked Nov 8, 2026
Ways to avoid the monthly fee
Any one 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. When the primary account owner reaches 25 years old, age can no longer be used to avoid the monthly service fee.
  • An average daily balance of $1,000 or more each statement cycle
flagstar.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

Who can open it

Minimum age
18flagstar.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

See it on flagstar.com

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