Flagstar Checking — $300/$500

$500
verified today

Open a new checking account through the offer page and receive direct deposits in each of three 30-day periods: Flagstar Ready Checking pays $300 for $500+ per period ($1,500 total), Flagstar Elite Checking pays $500 for $2,500+ per period ($7,500 total). Paid 91-104 days after opening.

Affiliate link where available — see disclosure below. Always confirm terms on the bank's page.

How to earn it

  1. 1.
    Receive direct deposits in each of three consecutive 30-day periods ($500 Ready, $2,500 Elite)(within 90 days of account opening)

Bonus tiers

Ready Checking: $500+ direct deposits in each of three 30-day periods earns $300$300
Elite Checking: $2,500+ direct deposits in each of three 30-day periods earns $500$500

The details

Monthly fee$10 (waivable)
Time to complete90 days from account opening
Bonus payout~104 days
Direct depositRequired — $1,500+
ACH counts as DD?Unknown
AvailabilityAZ, CA, FL, IN, MI, NJ, NY, OH, WI
Eligibility: New Flagstar personal checking customers. One promotion per household. Not eligible if any signer was previously paid a Flagstar checking bonus. Area restrictions may apply.

Notes: No end date shown. Early closure fee and bonus clawback if closed within 180 days. Ready Checking fee is $10, reduced or waived with paperless, $500 direct deposit or a $1,000 balance.

Read the bank's official terms and fine print →