Flagstar Bank Promotion: $250 Checking Bonus [MI, IN, OH] - Ended

Flagstar Bank Promotion: $250 Checking Bonus [MI, IN, OH] – Ended

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Contents

1 Flagstar Bank Promotion(s)
- 1.1 [Expired] Flagstar Bank $250 Checking Bonus

Earn a $250 cash bonus from Flagstar Bank when you open a SimplyChecking account and complete the offer requirements.

Update 12/5/2022: New York Community Bank (NYCB) and Flagstar Bank have merged and will operate as Flagstar Bank, N.A. My Banking Direct is a service of Flagstar Bank.

Update 11/13/2022: The offer is back but there is no direct. They will honor it in-branch. Call or visit your nearest branch.

Flagstar Bank is also offering a $500 cash bonus for a business checking account with no direct deposit requirement. Read about the offer here.

Flagstar Bank Promotion(s)

[Expired] Flagstar Bank $250 Checking Bonus

What you’ll get: $250 bonus
Where it’s available: IN, MI, OH, WI
How to earn it:
- Open a SimplyChecking account with $50 or more.
- Maintain an Average Daily Collected Balance of $500 or more for the first 90 days.
- Set up a recurring direct deposit (ACH credit) of $500 or more in the first 90 days OR perform 10 debit card purchases.
When it expires: 12/31/2022

Offer available in-branch

How To Earn The $250 Bonus

Open a SimplyChecking account with $50 or more.
Maintain an Average Daily Collected Balance of $500 or more for the first 90 days.
Set up a recurring direct deposit (ACH credit) of $500 or more in the first 90 days OR perform 10 debit card purchases.

Account Features

ONLINE AND MOBILE BANKING
OVER 56,000 ATMS
OVERDRAFT PROTECTION

Waive The Monthly Fee

SimplyChecking has everything you need with no maintenance service charge. There’s a $2 monthly charge for paper statements; free electronic statements available.

Fine Print

Must be a new personal checking customer of Flagstar Bank.
Minimum $50 deposit to open checking account.
New checking account must maintain an Average Daily Collected Balance of $500 or more for the first 90 days.
Customer must set up a recurring direct deposit of $500 or more in the first 90 days, or perform 10 debit card purchases.
If these conditions are met, the $250 bonus will be deposited into the qualifying checking account 91-100 days from account opening and will be labeled “Descriptive Deposit Promotional Credit.”
New checking account must remain open for a minimum of 180 days, or an early account closing fee will be assessed along with the $250 repayment.
This offer is limited to one bonus per household.
This offer cannot be combined with any other bonus offers.
Flagstar Bank employees are not eligible for this offer.
For tax purposes, the customer will receive an IRS form from Flagstar Bank.
Offer subject to change or cancellation at any time without notice. SimplyOne accounts do not qualify.
If you’ve been paid a cash bonus previously, you are ineligible to receive this offer.
Receiving this offer does not guarantee your eligibility.
All account applications are subject to our normal approval process.
Personal accounts only.
Area restrictions may apply.