Flagstar Ready Savings

Promotional rate · lasts 6 months

$0 a year on $10,000 at today’s 0.00% APY. $5 a month. $1 to open.

Checked Nov 8, 2026Updated Nov 8, 2026

A year on $10,000

APY on $10,000

Monthly fee

To open

In dollars

What it earns in a year

Interest at the APY for each balance, minus any monthly fee you’d pay. Pick your balance; the rail’s figure follows it.

$1,000–$0$5,000–$0$10,0000.00%$0$25,0000.00%$0$50,0000.00%$0$100,0000.00%$0

At today’s 0.00%, which is promotional for 6 months. After that, a year depends on the rate that follows.

Against the market

#235of 270 savings accounts, by a year’s value on $10,000

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

Balance needed for the APY: $10,000flagstar.com, checked Nov 8, 2026
To earn the APY: maintain a balance greater than or equal to $10,000flagstar.com, checked Nov 8, 2026
Promotional rate lasts: 6 monthsflagstar.com, checked Nov 8, 2026
APY after the promotion: 0.05%flagstar.com, checked Nov 8, 2026
Interest compounds: monthlyflagstar.com, checked Nov 8, 2026

Monthly fee: $5 a monthflagstar.com, checked Nov 8, 2026
Ways to avoid the monthly fee: Any one of these:
Maintain a $300 average daily balance
Maintain a Flagstar personal checking relationship
Primary account holder is 24 years old or younger
flagstar.com, checked Nov 8, 2026
Minimum to open: $1flagstar.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.

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