Premier Interest Business Checking
Here’s where checking gets interesting.
If your business handles a moderate amount of monthly transactions and you’re looking to earn interest, this checking account fits the bill. The higher the balance that you maintain, the more interest you’ll earn.
Make your transition to Flagstar even quicker by downloading our Business banking switch kit.
KEY ACCOUNT FEATURES:
- Interest bearing account1
- Conduct up to 800 transactions per month at no charge2
- Three ways to avoid monthly maintenance fee
- Business online banking and bill pay
- Visa® debit/ATM card3
- Free access to a network of over 55,000 Allpoint ATMs worldwide4
- Deposit up to $50,000 in cash per month with no cash deposit fee5
- Two free incoming domestic wires per month
- 24-Voice Phone Banking at (888) 248-6423 that allows you to transfer funds, monitor balances, track recent transactions, and make stop payments
- Free monthly eStatements.
- FDIC-insured account6
MAINTENANCE FEE:
$35
OR NO MONTHLY MAINTENANCE FEE WITH:
$25,000 average daily collected balance.
OR NO MONTHLY MAINTENANCE FEE WITH:
$50,000 combined average daily collected balance in your linked Flagstar accounts.7
OR NO MONTHLY MAINTENANCE FEE WITH:
An active Merchant Services account with $25,000 in net deposits per month.8
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$100 minimum to open account.
1Tiered based on balances.
2Monthly transactions allowance at no charge include checks paid, items deposited, deposit ticket, and ACH debits and credits($.50 per transaction over 800).
3This debit card is issued by Flagstar Bank pursuant to a license from Visa U.S.A. Inc
4Currency conversion fee may apply to transactions outside the U.S.
5$.20 per $100 for amounts over $50,000.
6FDIC insurance is up to the amount permitted by law.
7Includes checking, savings, money market or certificate of deposit with the same tax identification number.
8Merchant Services provided by Heartland Payments Systems LLC, A Global Payments Company.