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Flagstar

Ready Checking Bonus

$400

bonus value

$400 when you open a new Flagstar Ready Checking account with a $50+ opening deposit and receive 3 monthly direct deposits of $500+ each ($1,500 total) within the first 90 days. Available only to residents of FL, MI, and OH.

Expires: Dec 31, 2026

Requirements

1

Open Flagstar Ready Checking

New Flagstar personal checking customers with a primary address in FL, MI, or OH — $50 minimum opening deposit

2

Receive $1,500+ in direct deposits

At least $500 per month via ACH for each of the 3 calendar months after opening (cumulative $1,500)

3

Keep account open 180 days

Bonus paid 91–104 days after opening; early close within 180 days may forfeit and reclaim the bonus

Details

Minimum Deposit$50
Monthly Fee$10
Fee WaiverEnroll in eStatements
Keep Open6 months min
Cooldown Period12 months
Direct DepositRequired

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Terms & Conditions

New Flagstar personal checking customers with a primary address in FL, MI, or OH only. $50 minimum opening deposit. Must receive one or more direct deposits (ACH) totaling at least $500 per month for each of the 3 calendar months following account opening (cumulative $1,500) within the first 90 days. Direct deposit means an electronic ACH deposit of paycheck, pension, Social Security, or other regular monthly income. $400 bonus credited 91–104 days after account opening. Monthly fee of $10 waived when you enroll in eStatements. One promotion per household; ineligible if any signer previously received a Flagstar checking cash bonus. Early account closure fee and bonus reclamation may apply for accounts closed within 180 days. Bonus reported on Form 1099-INT.

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Bonus Calculator

1 mo6 months24 mo
Bonus+$400
Net Value$400
Effective APY1600.0%

Based on $50 deposit for 6 months

Eligible AgainAfter 12 months