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  Flagstar Bank Visa Signature® Max Cash Preferred Card
Flagstar Bank Visa Signature® Max Cash Preferred Card Unaffiliated

Flagstar Bank Visa Signature® Max Cash Preferred Card

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Highlights
Purchase APR  (Variable APR) 17.49% - 27.49%
(Verified 10/12/2022)
Balance Transfer APR  (Variable APR) 17.49% - 27.49%
(Verified 10/12/2022)
Credit Score Range Starting at 670
Annual Fee $0

Flagstar Bank Visa Signature® Max Cash Preferred Card Review

This is a cashback credit card issued by Flagstar Bank. If you're wondering whether Flagstar Visa Max Preferred is the right card for you, read on.

Key Takeaways

  • 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
  • $150 bonus (15,000 points) after $500 in eligible net purchases are made within the first 90 days of account opening.
  • High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.49% up to 27.49%.
  • No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
  • 3% Balance transfer fee. Flagstar Bank Visa Signature® Max Cash Preferred Card charges a fee of 3% on balance transfers, if you transfer the balance within 366 days of opening the account. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% every time you make a transaction outside the U.S.
  • Good or better credit required. You will have low approval odds if your credit score is below 670.

Pros & Cons of Flagstar Visa Max Preferred

The Good The Bad
  • 0% APR balance transfer intro rate on balance transfers for up to 12 months.
  • No annual fee.
  • Higher than average purchase APRs.
  • You need good credit to qualify.
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 2%.
  • Does not report to credit bureaus.
  • Charges a 3% balance transfer fee, if you transfer the balance within 366 days of opening the account.
  • Does not include many credit card benefits.

Flagstar Visa Max Preferred FAQ

Does Flagstar Visa Max Preferred have a cash back or rewards program?

No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards.

What are the Flagstar Visa Max Preferred benefits?

It provides the following benefits:

  • Zero fraud liability

What are the relevant APRs for Flagstar Visa Max Preferred?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

Flagstar Bank Visa Signature® Max Cash Preferred Card has a variable purchase APR that ranges from 17.49% up to 27.49%. The card has a variable balance transfer APR that ranges from 17.49% up to 27.49%. It also has a variable cash advance APR of 28.99% .

Does Flagstar Visa Max Preferred have an intro APR offer on balance transfers?

Yes, it offers an intro APR rate on balance transfers of 0% for a period of up to 12 months.

Flagstar Bank Visa Signature® Max Cash Preferred Card Balance Transfers
Description
Balance Transfer Fee Intro Period 366 days
Balance Transfer Introductory APR 0%
Balance Transfer Intro APR Period 12 months
Balance Transfer APR 17.49% - 27.49%
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%

Does Flagstar Visa Max Preferred have an intro APR offer on new purchases?

This card does not offer an intro APR rate on new purchases.

What are the fees for Flagstar Visa Max Preferred?

The following fees apply:

  • There is no overlimit fee
Flagstar Visa Max Preferred Fees
Fees Amount
Annual Fee $0
Overlimit Fee $0
Foreign Transaction Fee 2%
Returned Payment Fee up to $41
Late Payment Fee up to $41

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.

Does Flagstar Visa Max Preferred have a foreign transaction fee?

Flagstar Visa Max Preferred charges a foreign transaction fee of 2%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $40. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge foreign transaction fees.

What is the customer service phone number for Flagstar Visa Max Preferred?

The Flagstar Visa Max Preferred customer service number is (800) 945-7700.

What is the support contact email for Flagstar Visa Max Preferred?

The support contact email for Flagstar Visa Max Preferred is TroyCorporateBankingCenter@Flagstar.Com.

What is the Flagstar Visa Max Preferred login page?

You can access the Flagstar Visa Max Preferred login page here.

How do people rate the customer service and user experience of Flagstar Visa Max Preferred?

We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.

How to apply for Flagstar Visa Max Preferred

  • Visit the Flagstar Visa Max Preferred website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

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.

Contact

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

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View all credit cards offered by Flagstar Bank

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Cash Advance Fee Minimum $10
Cash Advance Fee (%) 5%
Minimum Cash Advance Fee ($) $10
Foreign Currency Transaction Fee 2%
No Annual Fee
Annual Fee $0
Minimum Interest Charge $1
Over-Limit Fee $0
No Interest Grace Period for Late Payment 24 days
Returned Payment Fee Up to $41
Late Fee Amount Up to $41
Customer Type Personal
Minimum Age 18
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 670 -
Credit Card Benefits
  • Fraud Liability
Bonus Offer $150 bonus (15,000 points) after $500 in eligible net purchases are made within the first 90 days of account opening.
Rewards Categories
  • 5% Cash Back on Internet / Cable / Phone Services
  • 2% Cash Back on Gas
  • 2% Cash Back on Groceries
  • 5% Cash Back on Home Improvement Purchases
  • 2% Cash Back on Restaurants
  • 1% Cash Back on Every Purchase
Cash Advance APR (Variable APR) 28.99%
APR Type Variable APR
Purchase APR (Variable APR) 17.49% - 27.49%
(Verified 10/12/2022)
Balance Transfer Fee Intro Period 366 days
Balance Transfer Introductory APR (Variable APR) 0%
Balance Transfer Intro APR Period (Variable APR) 12 months
Balance Transfer APR (Variable APR) 17.49% - 27.49%
(Verified 10/12/2022)
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%
Card Type
  • Cashback
Card Network Visa

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