Last Updated: 01/21/2026
Not enough votes for recommendation
Rating not yet determined2 total votes
Explore a similar product
Try this top product in Checking Accounts
Chase Total Checking®
Strongly recommended105 reviews
Community Recommended Products
View AllSponsored
Strongly recommended105 Reviews
Learn MoreSponsored
Strongly recommended148 Reviews
Learn MoreSponsored
Strongly recommended42 Reviews
Learn MoreCompare All Checking Accounts
Filter & compare all your options in one place.
Highlights
Welcome Offer
Starting at $0(Verified 06/21/2024)
Disclaimer popup with additional information
Cashback Rewards
N/A
APY (Annual Percentage Yield)
0%(Verified 06/21/2024)
Disclaimer popup with additional information
Monthly Service Fee
$0(Verified 01/21/2026)
Disclaimer popup with additional information
Flagstar Bank Simply Checking Review
The Flagstar Bank Simply Checking is offered by Flagstar Bank, a bank founded in 1987 and based in Troy, MI. Flagstar Simply checking is available in 5 states.
Key Takeaways
- 0% APY. As with most checking accounts, Flagstar Bank Simply Checking does not pay interest.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- Bill pay. Pay your bills to practically anyone in the United States when you enroll in Flagstar Bank mobile or online banking.
Flagstar Simply checking Pros & Cons
| Pros | Cons |
|
|
Flagstar Simply checking FAQ
Are checking accounts from Flagstar Bank federally insured?
Yes, your deposits are insured 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.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Average Balance to Avoid Monthly Service Fee | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | Starting at $50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What fees does Flagstar Simply checking charge?
The good news is that this account does not have a monthly Service Charge.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ATM Fee: In-Network | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ATM Fee: Out-of-Network (within the U.S.) | Starting at $2.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Overdraft Item Fee | Starting at $36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Returned Deposit Fee (Domestic) | Starting at $12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Online Bill Pay Fee | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stop Payment Fee | Starting at $36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Foreign Transaction Fee (Debit Card) | Starting at 3% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - US Domestic (Outgoing) | Starting at $30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - US Domestic (Incoming) | Starting at $10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Does Flagstar Simply checking charge overdraft fees?
Yes, Flagstar Simply checking charges a $36 fee for every overdraft.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 checks1 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.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from Flagstar Simply checking
Hours of Operation
Sunday
Closed
Monday
8:30AM - 5:30PM
Tuesday
8:30AM - 5:30PM
Wednesday
8:30AM - 5:30PM
Thursday
8:30AM - 5:30PM
Friday
8:30AM - 5:30PM
Saturday
Closed
Other Services by Flagstar Bank
Community Recommended Products
View AllSponsored
Strongly recommended105 Reviews
Learn MoreSponsored
Strongly recommended148 Reviews
Learn MoreSponsored
Strongly recommended42 Reviews
Learn MoreSuperMoney Net Recommendation Score
Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.
0
-1000+100
No one recommends
Everyone recommends
Flagstar Bank Simply Checking Community Reviews
Would you recommend Flagstar Bank Simply Checking to your friends?
DS
Daniel S.
May 16, 2022
May or may not recommend
They took over my old Wells Fargo Branch in Indiana. I no longer live there and never knew this was happening until I started getting spammed by this company. Customer service was not very understanding, even though this bank doesn't exist in South Carolina. At the time, their fee schedule was high and wasn't something I was willing to switch to. I still get the occasional spam by them but ...Show More
Mike S.
Sep 12, 2021
May or may not recommend
Flagstar bank has kind courteous staff whose genuine care shown in my well being and making my life and what I was going through easy in as many ways as they possibly could during one of the most difficult times of my life after waking up from a seventeen day coma after a suicide attempt in 2019 with all my problems waiting for me made me a Flagstar customer for ...Show More
Showing 2 of 2 reviews
