Personal checking
Flagstar Bank Elite Checking
Verified Oct 19, 2026 · checked Oct 21, 2026 · available in:
Bonus
$500- • Receive 1+ direct deposits totaling $7,500 within 90 days — Direct deposits (ACH credits) totaling at least $2,500 during EACH of the three consecutive 30-day timeframes (days 1-30, 31-60, and 61-90) — a cumulative total of at least $7,500; a shortfall in any single 30-day window disqualifies; 'direct deposit' means an electronic deposit of paycheck, pension, Social Security, or other regular monthly income via ACH; $50 minimum opening deposit; bonus credited 91-104 days after account opening
Fine print that matters
• Once-per-lifetime bonus language.
• $15/mo fee — waivable ($15 monthly service charge, avoided by being an active-duty U.S. military member or a veteran, or by maintaining a $25,000 combined monthly average balance in Flagstar personal deposit accounts (linked accounts must be enrolled in the Flagstar Elite Relationship Program)).
• Plan on holding at least 180 days before closing.