Flagstar Bank Simply Checking
in Checking Accounts from Flagstar Bank · Member FDIC
Not enough votes for recommendation
Would you recommend Flagstar Bank Simply Checking to your friends?
| Monthly Fee | $0 |
| ATM Fee: Out-of-Network | $2.50 |
| Minimum Balance to Avoid Monthly Fee | $0 |
| APY (Annual Percentage Yield) | 0% |
Flagstar Bank Simply Checking Review
Flagstar Bank Simply Checking is offered by Flagstar Bank, a bank founded in 1987 and based in Troy, MI. Flagstar Bank Simply Checking is available in 5 states across the USA.
- 0% APY. As with most checking accounts, Flagstar Bank Simply Checking does not pay interest.
- $0 monthly fee. This account does not charge a monthly service fee.
- Free bill pay. Pay your bills to practically anyone in the United States through Flagstar Bank.
- Hard credit pull. Flagstar Bank may require a hard pull on your credit report to open a checking account.
| Pros | Cons |
|---|---|
|
|
Are checking accounts from Flagstar Bank federally insured?
Yes, your Flagstar Bank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What APY does Flagstar Bank Simply Checking offer?
Flagstar Bank Simply Checking is not an interest-bearing account.
What are the account minimums for Flagstar Bank Simply Checking?
Flagstar Bank Simply Checking requires a minimum initial deposit of $50 to open an account.
| Description | Amount |
|---|---|
| Minimum Opening Deposit | $50 |
What fees does Flagstar Bank Simply Checking charge?
The good news is that this account does not have a monthly service fee.
| Description | |
|---|---|
| ATM Fee: In-Network | $0 |
| Foreign Transaction Fee (Debit Card) | 3% |
| Monthly Fee | $0 |
| NSF Fee | $36 |
| Online Bill Pay Fee | $0 |
| Overdraft Item Fee | $36 |
| Overdraft Protection Fee (per transfer) | $10 |
| Returned Deposit Fee (Domestic) | $12 |
| Stop Payment Fee | $36 |
| Wire Transfer Fee - Domestic (Incoming) | $10 |
| Wire Transfer Fee - Domestic (Outgoing) | $30 |
| ATM Fee: Out-of-Network | $2.50 |
Does Flagstar Bank Simply Checking charge overdraft fees?
Yes, Flagstar Bank Simply Checking charges a $36 fee for every overdraft fee.Flagstar Bank Simply Checking offers overdraft protection at a cost of $10 per transaction.
What features and perks does Flagstar Bank Simply Checking offer?
This account includes the following features:
- Fraud monitoring - Flagstar Bank Simply Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
- Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - Flagstar Bank Simply Checking allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
- Nationwide ATM network - Conveniently transact at a nearby ATM.
Availability
- California
- Indiana
- Michigan
- Ohio
- Wisconsin
Be the first to rate
Would you recommend Flagstar Bank Simply Checking to your friends?
Other Checking Accounts
- Affinity Federal Credit Union MoreChecking Account
- Banco Popular de Puerto Rico Prestige Checking
- Bank of China Checking Account
- Bank of the West Any Deposit Checking
- BankMobile Vibe Checking
- City National Bank Consumer Now Checking Account
- Community First Bank KASASA Cash Checking Account
- Ent Credit Union Checking Account
- First Exchange Bank First Essential Checking
- The Citizens National Bank Student Checking
- Virtual Bank Checking Account
- Wells Fargo Clear Access Banking
