Checking Accounts

Talk to a Banker (800) 642-0039 | Find a Branch

Let's talk checking.

Looking for a checking account that's designed to fit right where you are in life? SimplyYou products recognize the relationship you build with Flagstar. Select from the three different checking accounts.

All checking accounts come with:

flagstar-personal-checking-overview-topImage-simply

Which account is right for you?

Basic
Simply
Checking

Plus
SimplyPlus
Checking

Max
SimplyMax
Checking®

Earns interest

Online statements

Paper statements

4

No per-check fee

Preferred CD rates5

ATM transaction fees waived

6

7

Other bank's ATM fees waived

8

.25% rate reduction on personal loans, HELOANs and HELOCs9

$25 off the origination fee on personal loans10

HELOC fee waived

11

Account Alerts

Free FinanceWorks™

Free annual investment review

Free annual mortgage review

Free checks12

Fee-free cashier's checks and money orders

Free ID Protect Program

Minimum Deposit to open

$50

$50

$50

Monthly service fee waived for customers 50 and over

Monthly Service Fee

None

$10
OR
NO monthly service fee with:

A $1,000 average daily balance,13
OR
a $5,000 average daily balance13 in combined personal checking, savings, money market, and CD accounts

$25
OR
NO monthly service fee with:

A $5,000 average daily balance,13
OR
a $25,000 average daily balance13 in combined personal checking, savings, money market, and CD accounts

Bank on home ice.

As an official partner, we're proud to feature checking accounts and debit cards with the iconic Detroit Red Wings brand. Select from one of the three Red Wings-branded Visa® debit/ATM cards.

All checking accounts come with:

flagstar-personal-checking-overview-topImage-drw

Which account is right for you?

Basic
Red Wings
Checking

Plus
Power Play
Checking

Max
Hat Trick
Checking

Earns interest

Online statements

Paper statements

4

No per-check fee

Preferred CD rates5

ATM transaction fees waived

6

7

Other bank's ATM fees waived

8

.25% rate reduction on personal loans. HELOANs and HELOCs9

$25 off the origination fee on personal loans10

HELOC fee waived

11

Account Alerts

Free FinanceWorks™

Free annual investment review

Free annual mortgage review

Free checks12

Fee-free cashier's checks and money orders

Free ID Protect Program

Minimum Deposit to open

$50

$50

$50

Monthly service fee waived for customers 50 and over

Monthly Service Fee
 
 
 
 
 
 
 
 
 
 
 
 

None
 
 
 
 
 
 
 
 
 
 
 
 

$10
OR
NO monthly service fee with:

A $1,000 average daily balance,13
OR
a $5,000 average daily balance13 in combined personal checking, savings, money market, and CD accounts

$25
OR
NO monthly service fee with:

A $5,000 average daily balance,13
OR
a $25,000 average daily balance13 in combined personal checking, savings, money market, and CD accounts


Detroit Red Wings and HOCKEYTOWN are registered trademarks of the Detroit Red Wings.

Checking for U-M fans.

If you live and breathe Michigan, why not bank like a Wolverine too? With three different checking accounts to choose from, there's bound to be one you're a fan of.
Go Blue! Go Flagstar!

All checking accounts come with:

flagstar-personal-checking-overview-topImage-um

Which account is right for you?

Basic
HAIL!
Checking

Plus
Wolverine
Checking

Max
Victors
Checking

Earns interest

Online statements

Paper statements

4

No per-check fee

Preferred CD rates5

ATM transaction fees waived

6

7

Other bank's ATM fees waived

8

.25% rate reduction on personal loans, HELOANs and HELOCs9

$25 off the origination fee on personal loans10

HELOC fee waived

11

Account Alerts

Free FinanceWorks™

Free annual investment review

Free annual mortgage review

Free checks12

Fee-free cashier's checks and money orders

Free ID Protect Program

Minimum Deposit to open

$50

$50

$50

No monthly service fee for customers over 50

Monthly Service Fee
 
 
 
 
 
 
 
 
 
 
 
 

None
 
 
 
 
 
 
 
 
 
 
 
 
 

$10
OR
NO monthly service fee with:

A $1,000 average daily balance,13
OR
a $5,000 average daily balance13 in combined personal checking, savings, money market, and CD accounts
 

$25
OR
NO monthly service fee with:

A $5,000 average daily balance,13
OR
a $25,000 average daily balance13 in combined personal checking, savings, money market, and CD accounts

Do you need help choosing the right account?

 

We can help.

Find a Branch


Talk to an expert
  • (800) 642-0039

 

Please see the Complete Disclosure Guide for additional details.

We reserve the right to change account benefits at any time without notice.  Certain restrictions may apply. See disclosures for more details.

FinanceWorks is a trademark of Intuit, Inc.

1Not all devices may be supported. Customer eligibility required.  Personal customer checking and savings accounts only.  Must be an active personal online banking user.  Must be a customer for a minimum of two months.  SimplyOne, Next Step, and Next Step 2 account holders are not eligible.  Accounts must be in good standing. Mobile check deposit terms & conditions.
2This debit card is issued by Flagstar Bank pursuant to a license from Visa U.S.A. Inc.
3If you are enrolled in Online Banking, you can activate your reward offers. Health Savings Accounts, HELOCs, and IOLTA accounts are not eligible.
4Paper statements are available for a $2 monthly fee for SimplyChecking, Red Wings Checking, or HAIL! Checking accounts.
5Get a higher CD rate by maintaining $5,000 or more in combined personal checking, savings, and money market accounts. Excludes promotional rate.
6Flagstar $2.50 ATM transaction fee waived when you use another bank's ATM (two times per statement cycle).
7Flagstar $2.50 ATM transaction fee waived when you use another bank’s ATM (unlimited).
8We’ll refund up to $20 per statement cycle on ATM fees charged by other banks (upon request).
9Subject to loan approval. Excludes mortgages.
10$100 origination fee.
11$75 annual HELOC fee waived if you keep a funded balance in your HELOC of $10,000 or more.
12For Plus accounts, if you are 50 or over, once per year, receive a free box of Flagstar custom checks or 50% off other styles. On Max accounts, once per year, receive a free box of Flagstar custom checks or 50% off other styles.
13Based on Average Daily Balance. Unlike many other banks, we use Average Daily Balance rather than Minimum Daily Balance to waive monthly service fees on all of our deposit accounts. This means that regardless of how low your balance may fall, you will not incur a service fee as long as your Average Daily Balance for the entire statement cycle meets or exceeds the account requirement.