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CHECKING ACCOUNTS

Compare checking accounts and open online today

Find the account that fits your lifestyle. Choose from everyday and interest-earning checking options—all with 24/7 mobile banking, a Visa® Debit Card1, and access to over 56,000 ATMs nationwide2. Open an online checking account in minutes.

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Which online checking account is right for you?

Most Popular

Flagstar Ready Checking

An everyday checking account plus perks like overdraft protection and no minimum balance.

  • No minimum balance requirement – open and maintain your account with flexibility.
  • Low monthly fee, easy to waive – $10 monthly maintenance fee waived when you meet any 2 of the following: enroll in e-statements, receive $500 or more in direct deposits (ACH credits) each statement cycle, maintain an average balance of $1,000 or more each statement cycle, or the primary account holder is 24 years old or younger.3
  • 24/7 account management – monitor spending, set Debit Card Controls, and get real-time Account Alerts.
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Earns Interest

Flagstar Elite Checking

Take your money further with higher interest, premium CD rates, priority service, and elevated banking limits.

  • Earn interest on your checking balance – grow your money while you manage everyday spending.
  • Premium CD rates4 – unlock higher interest rates when you open a CD with your Elite Checking relationship.
  • Higher mobile deposit & transfer limits5 – move money faster with enhanced digital banking flexibility.
  • Exclusive checking benefits – enjoy a dedicated service line for faster, personalized support, and free annual box of Flagstar custom checks or 50% off other styles.
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Minimum opening deposit

$50

$50

Monthly fees and ways to waive

$10

Reduced to $5 with any ONE of the following or fully waived 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 younger3

$15

Waived with any ONE of the following: Active U.S. military/veteran; $25,000 average daily balance in combined Flagstar linked personal deposit and/or wealth services accounts6

Overdraft options
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Flagstar Visa® Debit Card1
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Online and Mobile Banking,7 with 24/7 free access to your credit score
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Free access to 56,000+ Flagstar ATMs2 and over 300 branches
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FDIC-insured8
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Interest bearing
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$1,000 minimum balance to earn monthly interest

Preferred CD rates4
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Higher transfer and mobile deposit limits5
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Free box of standard checks every year
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Free annual box of Flagstar custom checks or 50% off all other styles

Dedicated client service line
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Account details
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What features are included in personal checking accounts?

Bank on the go with our  Mobile App

Our Mobile App lets you pay bills, send money with Zelle,® deposit checks,9 and much more. Add this easy-to-use app to your Android or iPhone and manage your money on your schedule.10

4.7 out of 5 on the Apple App Store as of 6/1/2026

4.7 out of 5 stars
visit the following URL to download our app from the apple store: https://apps.apple.com/us/app/flagstar-mobile-banking/id972805390 or Visit the following URL to download our app the Android URL https://play.google.com/store/apps/details?id=com.mynycb.nycb&hl=en_US&gl=US

Scan this code with your phone’s camera to download the Flagstar Mobile App from the Apple App Store or Google Play Store.

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FAQs for personal checking accounts

A checking account is a bank account for everyday spending and transactions like paying bills, sending money to family and friends, using a debit card, and receiving paychecks through direct deposit. Most checking accounts include online and mobile banking.

 

Visit our Understanding Checking Accounts page to learn more about how checking accounts work. 

 

Flagstar checking accounts include:

FDIC insurance protects your money (up to $250,000) in insured U.S. banks. It covers accounts like checking, savings, and CDs.

 

Flagstar is an FDIC-insured bank, which means customer deposits are insured up to at least $250,000 per depositor for each deposit category.8

Most bank's require a completed application, completed in a branch or online, that includes personal information about yourself. This often includes:

  • Valid ID 
  • Social Security number 
  • Home address
  • Contact information 
  • Initial deposit

 

When you open a Flagstar Checking 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)

 

There are two common fees that bank's may charge related to checking accounts. They are monthly account fees and/or ATM fees.

 

A monthly account fee is a fee banks may apply to your account each month. It can often be waived by meeting certain requirements, for example, maintaining a specific balance or enrolling in services such as e-statements.

 

An ATM fee is a fee for using an ATM outside your bank’s network. Either the owner of the ATM, or your bank, or both, may charge a fee.

 

Here is how Flagstar handles monthly account fees on our checking accounts:

  • Flagstar Ready Checking: $10 monthly service fee reduced to $5 with any ONE of the following or fully waived 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 younger3
  • Flagstar Elite Checking: $15 monthly service charge, which you can avoid by maintaining a $25,000 combined monthly average balance in your Flagstar personal deposit accounts. Your linked account(s) must be enrolled in the Flagstar Elite Relationship Program.
  • Flagstar One Checking: $5 monthly service charge

 

Flagstar customers have free access to 56,000+ ATMs in the AllPoint and Presto global networks2, as well as over 300 branches.

Most checking accounts include online and mobile banking.  Common features within online and mobile banking include the ability to check balances, transfer money, pay people or bills online, and deposit checks using a mobile device.

 

Flagstar checking accounts include both Online Banking and a Mobile App. Features include:

  • Track account activity
  • Sending money with Zelle®
  • Online Bill Pay
  • Internal and external transfers
  • Account Alerts
  • Debit Card Controls
  • Money Center
  • Round Up with Flagstar®
  • My Credit Score
  • Mobile check deposit (Mobile App only)9

A debit card is connected to your checking account and allows you to make purchases or withdraw cash directly from your account. Unlike a credit card, it only uses the money you already have.

 

All Flagstar checking accounts come with a Flagstar Visa® Debit Card1.

Related to checking accounts

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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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Flagstar One Checking

A low-cost, checkless account with no overdraft fees.

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.

1This debit card is issued by Flagstar Bank pursuant to a license from Visa U.S.A. Inc.

2Currency conversion fee may apply to transactions outside the U.S. Owners of non-Flagstar ATMs may change a fee, which, upon request, can be reimbursed up to $20 a month.

3When the primary account owner reaches 25 years old, age can no longer be used to avoid the monthly service fee.

4 Excludes 10-Day CDs. Offer available to customers enrolled in Flagstar Elite Relationship Program only.

5Higher limits apply within 30 calendar days if you are an existing customer or 60 calendar days if you are a new customer.

6Monthly maintenance service fee waived with any ONE of the following: Active U.S. military/veteran; $25,000 average daily balance in combined Flagstar linked personal deposit and/or wealth services accounts.

7Not all devices supported. Available for eligible personal and business deposit account customers only.

8Visit fdic.gov for more information about FDIC insurance coverage.

9Not 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.

10Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android, Google Play, and the Google Play logo are trademarks of Google Inc.