SimplyAccess Checking
Structured for simplicity.
Here’s a straightforward account that provides just what you need for everyday banking: convenience and accessibility. SimplyAccess gives you the ability to manage your money, make purchases, and pay bills electronically.
If you’re looking for a simple account and don’t require earning interest on your deposits, this is the account to choose.
KEY ACCOUNT FEATURES:
- Online banking and bill pay
- Mobile banking with mobile check deposit1
- Free VISA® debit/ATM card2
- Free access to a network of over 56,000 Allpoint and Presto ATMs worldwide3
- Preferred CD rates are available by keeping $5,000 or more in combined checking, savings, and money market accounts4
- 0.25% rate reduction on home equity lines of credit when payments are automatically made from this account5
- 0.25% rate reduction on personal loans, personal lines of credit, and home equity loans, when payments are automatically made from this account.5
- 24-Voice Phone Banking Call (888) 248-6423
- Minimum $50 deposit to open
MONTHLY SERVICE FEE:
$10 maintenance service charge
OR, NO MAINTENANCE SERVICE CHARGE WITH:
$1,000 Average Daily Collected Balance6
OR
$2,500 Average Daily Collected Balance6 in combined personal checking, savings, money market, and CD accounts
OR
10 or more ATM/debit card point-of-sale transactions
OR
ACH credits of $500 or more
OR
24 years of age or younger
All checking accounts come with:
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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.
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 business days. SimplyOne account holders are not eligible. Accounts must be in good standing.
2This debit card is issued by Flagstar Bank pursuant to a license from Visa U.S.A. Inc.
3Currency conversion fee may apply to transactions outside the U.S.
4Excludes promotional rates.
5Subject to loan approval. Excludes mortgages. Automatic payments must be established and elected at time of application. Subject to change at any time.
6Based on Average Daily Collected Balance. Unlike many other banks, we use Average Daily Collected 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 Collected Balance for the entire statement cycle meets or exceeds the account requirement.