Does my Flagstar Ready Checking account come with a debit card?

Yes, when you open a Flagstar Ready Checking account, you’ll receive a Flagstar Visa® Debit Card.x You can use it to make purchases online or in person, pay bills, and withdraw cash from over 56,000 in-network ATMs.x

How can I avoid the monthly fee my Flagstar Ready Checking account?

You can reduce the $10 monthly service fee to $5 with any ONE of the following or fully waive it with any TWO of the following: Enroll in electronic statements $500 or more in total direct deposits (ACH credits) each statement cycle $1,000 or more average balance each statement cycle Primary account holder is 24 years old or youngerx

What do I need to open a Flagstar Ready Checking account?

Yes — you can open a Ready Checking account online. Whether you open an account online or at a branch, please have the following information available: Name Address Mobile phone number (to verify your identity if you open an account online) Date of birth Social Security number or other identification number Valid identification (such as driver's license, state ID, or passport)

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FLAGSTAR READY CHECKING

A checking account built for everyday life

Easy banking with a no minimum balance checking account designed for everyday spending and money management.

$300¹

New customer bonus

$50

Minimum to open

Minimum balance

$10

Waivable monthly fee

Open now →

Finish application

Apply in ~5 minutes

FDIC protected up to 250k²

Open now →

Why choose Ready Checking?

Simple, flexible checking designed for everyday banking.

$300¹ new customer bonus

New checking customers receive $300¹ when they setup three $500 monthly direct deposits within 90 days of account opening.

Spend with confidence

Use your Flagstar Visa^® Debit Card³ and Mobile Wallet for secure purchases worldwide.

Stay in control of your finances

Our highly rated Mobile App allows you to manage your accounts and send and receive payments wherever you go.

Save automatically when you spend

Build savings one transaction at a time with Round up with Flagstar.™

More ways to simplify your finances

Convenient banking tools designed for everyday life.

Keep your money safe

Set up account security alerts and lock your debit card instantly if it's lost or stolen.

Stay connected to your money

Check balances, monitor your credit, and manage all your accounts in one place with Online and Mobile Banking⁴

Easy ways to pay

Send money in minutes with Zelle,^®pay bills online for free, and make contactless payments with mobile wallet.

Make deposits from anywhere, in minutes⁵

Deposit checks quickly and securely using your smartphone

Get cash when you need it

Surcharge-free withdrawals nationwide at 56,000+ Flagstar ATMs⁶ and over 300 branches.

4.7
Apple App Store as of 10/1/2026

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Avoid the $10 monthly maintenance fee

Choose ONE of these options to lower the fee to $5. Choose TWO of them to waive the fee entirely.

Total direct deposits (or ACH credits) of $500 or more per statement cycle

Enroll in Online or Mobile Banking and sign up for e-Statements

Primary account holder is 24 years old or younger⁷

Keep an average daily balance of $1,000 or more each statement cycle

FAQs for Flagstar Ready Checking

After meeting the cash bonus requirements, you will receive either a $300 credit into your Flagstar Ready Checking account or a $500 credit into your Flagstar Elite Checking account as a bonus 91-104 days after account opening.

You can set up direct deposit by giving your employer or benefits provider Flagstar’s routing number and your Ready Checking account number. Once it’s set up, your paycheck or benefits will automatically go into your account.

Yes! Flagstar is an FDIC-insured bank, which means customer deposits are insured up to at least $250,000 per depositor for each deposit category.²

Yes, when you open a Flagstar Ready Checking account, you’ll receive a Flagstar Visa^® Debit Card.³ You can use it to make purchases online or in person, pay bills, and withdraw cash from over 56,000 in-network ATMs.⁶

You can reduce the $10 monthly service fee to $5 with any ONE of the following or fully waive it with any TWO of the following:

Enroll in electronic statements
$500 or more in total direct deposits (ACH credits) each statement cycle
$1,000 or more average balance each statement cycle
Primary account holder is 24 years old or younger⁷

Yes — you can open a Ready Checking account online. Whether you open an account online or at a branch, please have the following information available:

Name
Address
Mobile phone number (to verify your identity if you open an account online)
Date of birth
Social Security number or other identification number
Valid identification (such as driver's license, state ID, or passport)

Flagstar Ready Checking is a no minimum balance checking account with a low monthly fee that can be waived. Unlike some checking accounts that require you to keep a certain balance, this account is designed to be flexible for everyday use.

Flagstar Ready Checking is an account with no minimum balance requirement. The way overdrafts are handled depends on the specific situation. Visit our Overdraft Protection and Services page for the complete rundown.

Related to Flagstar Ready Checking

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What is a Checking Account?

Learn the basics of this all purpose bank account.

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How to switch your account to Flagstar

When you decide to make the switch to Flagstar, we'll help make the transition easy.

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Keeping your account secure

Discover the range of trusted security measures we employ so you can bank with peace of mind.

We reserve the right to change account benefits at any time without notice. Certain restrictions may apply. Please see the complete Disclosure Guide for additional details.

Interest rates are tiered to a maximum amount.

¹You must be a new personal checking customer of Flagstar Bank. You must open a Flagstar Ready Checking account or a Flagstar Elite Checking account. You will receive either a $300 credit into your Flagstar Ready Checking account or a $500 credit into your Flagstar Elite Checking account as a bonus 91–104 days after account opening, subject to the following conditions: Within the first 90 days after account opening, you must receive one or more direct deposits (ACH credits) totaling at least $500 during each of the three consecutive 30-day timeframes (days 1-30, days 31-60, and days 61-90), for a cumulative total of at least $1,500 in direct deposits (ACH) credits to qualify for the Ready Checking $300 offer; or at least $2,500 during each of the three consecutive 30-day timeframes (days 1-30, days 31-60, and days 61-90), following account opening (for a cumulative total of at least $7,500) to qualify for the Elite Checking $500 offer. For purposes of this offer, "direct deposit" means an electronic deposit of your paycheck, pension, Social Security, or other regular monthly income deposited into your account via ACH. Additionally, (i) this offer is limited to one promotion per household; (ii) if any signer on this account has been paid a checking cash bonus previously, you are ineligible to receive this offer; (iii) this offer cannot be combined with any other offers or promotions; (iv) early account closure fee and reclamation of bonus may be imposed for accounts closed within 180 days; and (v) Flagstar Bank employees are not eligible for the offer. For tax purposes, the value of any cash bonus or incentive is considered taxable as interest and you will receive an IRS form from Flagstar Bank. Consult your tax advisor regarding your specific tax situation. Offer subject to change or cancellation at any time without notice. Receiving this offer does not guarantee your eligibility. All account applications are subject to our normal approval process. Area restrictions may apply.

²Visit fdic.gov for more information about FDIC insurance coverage.

³This debit card is issued by Flagstar Bank pursuant to a license from Visa U.S.A. Inc.

⁴Not all devices supported. Available for eligible personal and business deposit account customers only.

⁵Not all devices supported. Available for eligible personal and business checking and savings account customers only. Must be an active mobile banking user. Must be a customer for a minimum of two business days. Accounts must be in good standing.

⁶Currency conversion fee may apply to transactions outside the U.S.

⁷When the primary account owner reaches 25 years old, age can no longer be used to avoid the monthly service fee.

Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

Investment Management^*

Before you go

A checking account built for everyday life

Avoid the $10 monthly maintenance fee