Flagstar Bank Bonus: Grab Up to $500!
Note: Please read and review the credit card provider’s terms and conditions on a regular basis. They may be different from those in this post. This post may contain affiliate links and we may earn a commission (with No additional cost to you) if you make a purchase via our link. See our disclosure for more info
Flagstar Bank is offering a tempting checking account bonus of up to $500, depending on the account type and location. The promotion is available in select states (AZ, CA, FL, IN, MI, NJ, NY, OH, WI) and runs until July 31, 2025. Two checking accounts participate: Flagstar Ready Checking and Flagstar Elite Checking. Ready Checking offers a $300 bonus, while Elite Checking boasts a $500 bonus. To qualify, new customers must open an account with an initial deposit of $50 or more. Within the first 90 days, maintain an average daily balance of $500 or more and receive one or more direct deposits totaling $500 or more. The bonus is credited 91-104 days after the initial deposit. While the Elite Checking account offers a higher bonus, it comes with a $15 monthly fee (waivable with a $25,000 combined monthly average balance). The Ready Checking account is fee-free, making it a potentially more attractive option for those with lower balances. Customers should be aware of the 180-day account maintenance requirement; early closure may result in forfeiture of the bonus. The promotion is limited to one bonus per household. This bonus presents a great opportunity to earn extra cash, but careful consideration of the terms and conditions, particularly the monthly fees and account maintenance requirements, is recommended before opening an account. Remember to check the eligibility criteria and the specific terms and conditions before applying for the bonus. For tax purposes, you will receive an IRS form from Flagstar Bank.
(Source: https://dannydealguru.com/flagstar-bank-checking-account-bonus/)
