Check out the latest Flagstar Bank promotions, bonuses, and offers here.
They are currently offering a $500 bonus when you open a new checking account and meet the requirements.
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About Flagstar Bank Promotions
Flagstar Bank offers exceptional full-service banking and lending expertise with a distinctive, personal focus. Chartered in 1987 as a federal savings bank, today Flagstar has assets of $20.2 billion, is the fifth-largest bank mortgage originator nationally, and the third-largest savings bank in the country.
- Availability: MI, IN, OH, WI (Bank Locator)
- Routing Number: 272471852
- Customer Service: (800) 945-7700
We will review the current Flagstar Bank promotions below.
Flagstar Bank $500 Business Checking Bonus
When you open a new checking account in the branch and meet the requirements, you can receive a $500 bonus.
- Account Type: Business Checking
- Credit Inquiry: Soft Pull
- ChexSystems: Yes, sensitive
- Opening Deposit: $100
- Credit Card Funding: None
- Direct Deposit Requirement: Yes
- Monthly Fee: Varies by account
- Closing Account Fee: None
(No expiration date)
While the current bonus is attractive, you can also take advantage of other promotional offers such as Chase Bank checking bonuses, HSBC Bank checking bonuses as well as Huntington checking bonuses. Alternatively, the Chase Bank Savings and HSBC Savings are also fantastic options.
How To Earn $500 Checking Bonus
- Must be a new business checking customer of Flagstar Bank.
- Minimum $100 deposit to open a 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
- Have at least 10 qualified transactions within the 90 day period (qualified transactions are debits, paid items, credits, and deposited items).
- Online Banking
- Merchant Services
- 150+ Locations
- Standard Business Checking: There are no monthly fees with this account.
- Enhanced Business Checking: $15, can be waived if you complete any 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: $35
- $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: None listed
- 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.
- Area restrictions may apply.
Be sure to check out Flagstar Bank’s promotion for your chance to earn a $500 bonus. The bonus is pretty straight forward, and when you open an account, you can gain access to many great features that come with the account.
Feel free to comment below and let us know about how it went and if you could fund your account with a credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide.
*Check back on this page for updated Flagstar Bank promotions, bonuses, and offers.
The best bank bonuses are updated here. Check the below pages to get started with some of the best offers:
• Chase Bank Bonuses. Read about several offers for their Checking, Savings and Business accounts. Chase usually offers the most sign-up bonuses of all the big banks.
• HSBC Bank Bonuses. HSBC Bank routinely has offers for several of their Personal Checking and Business Checking accounts. They also have a good referral program.
• TD Bank Bonuses. TD Bank consistently offers great Checking account bonuses all year long. Savings account offers are less frequently available.
• Huntington Bank Bonuses. Bonus offers for their Checking accounts are only available for limited periods throughout the year. They also have great options for those looking for a free Checking account (no monthly fees).
• Discover Bank Bonuses. Discover Bank offers top cashback, savings, money market accounts and CD rates for you to take advantage of. Discover has industry leading selections to cater to your banking needs.