Flagstar Bank Promotions: $500 Business Checking Bonus [MI, IN, OH]

Contents

1 Flagstar Bank Promotions Review Below
- 1.1 Flagstar Bank $500 Business Checking Bonus
  - 1.1.1 Waive The Monthly Fee
  - 1.1.2 Fine Print
- 1.2 [Expired] Flagstar Bank $250 Checking Bonus

Find updated Flagstar Bank (flagstar.com) promotions and offers here. Typical offers range from $100 to $500.

Flagstar Bank was originally established in 1987 as First Security Savings Bank. In 1996 they changed to the current name and are now headquartered in Troy, Michigan. They have locations throughout Michigan, Indiana, Wisconsin and Ohio.

Find more bank promotions here. Good offers can be found with banks like Chase Bank, BMO Harris, Bank of America, TD Bank and many others.

Flagstar Bank Promotions Review Below

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Flagstar Bank $500 Business Checking Bonus

What you’ll get: $500
Where it’s available: MI, IN, OH (In branch)
How to earn it:
- New business checking account must remain open for at least 90 days, have deposits of at least $5,000 in the first 90 days, and have at least 10 qualified transactions within the 90 day period.
- No direct deposit required.
When it expires: Expiration date not listed

Learn More at Flagstar Bank

Waive The Monthly Fee

Standard Business Checking
- No monthly maintenance fee
Enhanced Business Checking
- Maintenance Fee: $15
- No monthly maintenance fee with one of the following:
  - $5,000 average daily collected balance.
  - $15,000 combined average daily collected balance in your linked Flagstar accounts.
  - An active Merchant Services account with $5,000 in net deposits per month.
Premier Interest Business Checking
- Maintenance Fee: $35
- No monthly maintenance fee with one of the following:
  - $25,000 average daily collected balance.
  - $50,000 combined average daily collected balance in your linked Flagstar accounts.
  - An active Merchant Services account with $25,000 in net deposits per month.
Business Analysis Checking
- Deposit balances receive an earnings credits allowance to reduce or offset banking fees

Fine Print

Must be a new business checking customer of Flagstar Bank.
Minimum $100 deposit to open business checking account.
New business checking account must remain open for at least 90 days, have deposits of at least $5,000 in the first 90 days, and have at least 10 qualified transactions within the 90 day period (qualified transactions are debits, paid items, credits, and deposited items).
If these conditions are met, a $500 bonus will be deposited into the qualifying business checking account 91-100 days from account opening and will be labeled “Descriptive Deposit Promotional Credit.”
The new business checking account must remain open for a minimum of 180 days or an early account closing fee will be assessed along with the $500 repayment.
This offer is limited to one bonus per customer.
This offer cannot be combined with any other bonus offers.
Personal Flagstar checking accounts do not qualify.
Flagstar Bank employees are not eligible for this offer.
For tax purposes, the customer will receive an IRS form from Flagstar.
Offer subject to change or cancellation at any time without notice.
Receiving this offer does not guarantee your eligibility.
All account applications are subject to normal approval process.
Area restrictions may apply.

[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: Not listed

Learn More at Flagstar Bank

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.