Open a Flagstar Bank Ready or Elite Checking account and earn up to $400 in cash bonuses. Learn how to qualify for this limited-time offer and enjoy essential banking perks.
If you’re looking to get more out of your checking account, Flagstar Bank has a generous offer for you! Whether you choose the Flagstar Ready Checking or the Flagstar Elite Checking account, you can earn a cash bonus of up to $500 just by completing a few simple steps. The process is straightforward, and you’ll also get access to valuable banking features that make managing your finances easier. Let’s dive into the details of how to qualify for this great offer!
Key Takeaways
- Open a Flagstar Ready or Flagstar Elite Checking account with a $50 minimum deposit.
- Maintain an average daily balance of $500 or more for the first 90 days.
- Set up direct deposits totaling at least $500 within 90 days.
- Earn a $300 bonus for Ready Checking or a $500 bonus for Elite Checking!
How to Earn Up to $400 with Flagstar Checking Accounts
Earning your cash bonus with Flagstar Bank is a simple process that starts with opening a new Flagstar Ready or Flagstar Elite Checking account. Here’s what you need to do:
- Open an Account: Choose either Flagstar Ready or Flagstar Elite Checking and fund your account with a minimum of $50.
- Maintain the Balance: For the first 90 days, ensure your account has an average daily balance of $500 or more. This is a key step to qualify for the bonus.
- Set Up Direct Deposits: You’ll need to set up direct deposits (ACH credits) totaling $500 or more during the first 90 days of your account opening.
Once these steps are completed, you’ll receive your cash bonus within 91-104 days. Flagstar offers $400 for the Ready Checking account or $500 for the Elite Checking account. Keep in mind that this offer is only valid for new customers.
Trending Checking Account Deal:
Perks of Flagstar Ready and Elite Checking
Beyond the cash bonus, both the Flagstar Ready and Flagstar Elite Checking accounts come with useful features to help manage your finances:
- Flagstar Ready Checking: This account has no minimum balance requirement and offers overdraft protection. Plus, you can waive the $3 monthly maintenance fee by enrolling in e-statements.
- Flagstar Elite Checking: With this account, you can enjoy premium benefits like higher interest rates, a higher transfer limit, and mobile deposit limits. To avoid the $15 monthly service fee, just maintain a combined daily balance of $25,000 in your Flagstar personal deposit accounts.
Additionally, both accounts allow you to use the Round Up feature, which automatically rounds up your debit card purchases and transfers the difference to your eligible savings account.
Our Take
Flagstar Bank’s limited-time checking account offer is a great opportunity to earn up to $500 just by switching your checking account and meeting a few simple requirements. Whether you opt for the Flagstar Ready Checking account with a $300 bonus or the Flagstar Elite Checking account for a $500 bonus, you’ll also enjoy useful banking features designed to make managing your money easier.
So, if you’re ready to take advantage of this offer, head over to Flagstar Bank and open an account today before the offer expires!
They also offer a $500 bank bonus for businesses.
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