Flagstar Bank Simply Checking
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First Tech Rewards Checking®
1 reviews
| Community Rating |
Rating not yet determined |
| Cashback Rewards | N/A |
| APY (Annual Percentage Yield) | 0% |
| Monthly Fee | $0 |
| Minimum Balance to Avoid Monthly Fee | Starting at $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 are available in 5 states across the USA.
Key Takeaways
- 0% APY. As with most checking accounts, Flagstar Bank Simply Checking does not pay interest.
- $0 monthly fee. This account does not charge any monthly account fees.
- Bill pay. Pay your bills to practically anyone in the United States through Flagstar Bank.
Flagstar Simply checking Pros & Cons
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Flagstar Simply checking FAQ
Are checking accounts from Flagstar Bank federally insured?
Yes, your deposits 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 Simply checking offer?
Flagstar Simply checking is not an interest-bearing account.
What are the account minimums for Flagstar Simply checking?
Flagstar Simply checking requires a minimum initial deposit of $50 to open an account.
| Description | |
|---|---|
| Minimum Opening Deposit | Starting at $50 |
| Minimum Balance to Avoid Monthly Fee | Starting at $0 |
| Minimum Balance to Earn APY | $0 |
What fees does Flagstar Simply checking charge?
The good news is that this account does not have a monthly Service Charge.
| Description | |
|---|---|
| Monthly Fee | $0 |
| ATM Fee: In-Network | $0 |
| ATM Fee: Out-of-Network | Starting at $2.50 |
| Foreign Transaction Fee (Debit Card) | 3% |
| NSF Fee | $36 |
| 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 |
| Online Bill Pay Fee | $0 |
Does Flagstar Simply checking charge overdraft fees?
Yes, Flagstar Simply checking charges a $36 fee for every overdraft. You can get overdraft protection at a cost of $10 per transaction.What features and perks does Flagstar Simply checking offer?
This account includes the following features:
- Fraud monitoring - Flagstar Simply checking monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
- Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - Flagstar 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.
What is the customer support email for Flagstar Simply checking?
The customer support email for Flagstar Simply checking is TroyCorporateBankingCenter@Flagstar.Com.
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Message From Flagstar Simply checking
Contact
- Headquarters
-
5151 Corporate Dr
Troy, MI 48098 USA - (800) 945-7700
- Visit Site
- Email Support
Other Services by Flagstar Bank
Availability
Available in 5 states
- California
- Indiana
- Michigan
- Ohio
- Wisconsin
Feature Breakdown
| Minimum Opening Deposit | Starting at $50 |
| Minimum Balance to Avoid Monthly Fee | Starting at $0 |
| Minimum Balance to Earn APY | $0 |
Flagstar Bank Simply Checking Community Reviews
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