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FLAGSTAR READY SAVINGS

Get more from your savings

3.75% APY1

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6-month guaranteed rate

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On balances of $10,000+

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For new customers only

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Secure application  |  FDIC Insured2

Start earning 3.75% APY1 with this limited-time offer

step 1

Apply securely online

Apply online in just minutes with our secure application.

step 2

Add $10,000 or more

Fund your account with $10,000 or more to earn 3.75% APY.1

step 3

Earn 3.75% APY1

Watch your savings grow at a guaranteed rate for the next 6 months.

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See how your savings could grow with our top savings rate

Just move the slider, and we'll show you what your savings could look like in 6 months.

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Calculate your savings
$929
Estimated
interest earned
Deposit amount $50,000
Estimated value after 6 months $50,929
Select a deposit amount
$10,000 $200,000
This example is for illustrative purposes only. Estimated earnings are based on a 3.75% APY over 6 months. Actual earnings may vary depending on account terms, funding timing, and withdrawals, if applicable.
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The smart path to your savings goals

Benefits you get with a Flagstar Ready Savings account

Piggy bank with money symbol

Limited-time savings rate

Earn 3.75% APY1 for 6 months on balances of $10,000+

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Access your money anytime

Withdraw or transfer funds whenever you need

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Your money is safe

Your deposits are FDIC insured up to $250,000 per depositor2

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Easily avoid the monthly fee

Just maintain a balance of $300 or more

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How Flagstar Ready Savings works

Earn 3.75% APY1 for six months when you deposit and maintain a balance of $10,000 or more.

At the end of the 6-month promotional period, the interest rate and APY will revert to the then posted non promotional rate(s) applicable to this account type.

The $5 monthly maintenance fee is waived when you maintain at least a $300 average daily collected balance OR with Flagstar personal checking relationship OR account owner is 24 or younger.

Yes. You can transfer or withdraw your funds whenever you need them. 

FLAGSTAR READY SAVINGS

Open an account today and get

3.75% APY1

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6-month guaranteed rate

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On balances of $10,000+

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For new customers only

Open now →

Secure application  |  FDIC Insured2

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.

Flagstar Ready Savings – Promotional Rate Disclosure

1Annual Percentage Yield (APY) is accurate as of 7/14/2026. A promotional annual percentage yield of 3.75% is available on balances greater than or equal to $10,000 for the first 180 days after account opening. Balances at or below $9,999.99 do not qualify for this promotional rate and are subject to the current non-promotional interest rate applicable to this account type. At the end of the 180-day promotional period, the interest rate and APY will revert to the then-posted non-promotional rate(s) applicable to this account type. The interest rate(s) and annual percentage yield(s) are variable and may change at any time before or after the account is opened. To qualify, you must be a new personal savings client of Flagstar Bank and open a Flagstar Ready Savings account. You must make an initial minimum opening deposit of at least $1.00. To qualify for the promotional rate, you must deposit additional funds, to maintain a balance greater than or equal to $10,000 is required and must be "new money," which is defined as money that is not currently on deposit in any Flagstar Bank account; money moved from any Flagstar Bank affiliate or subsidiary account or funded from a Flagstar/affiliate loan or line of credit does not qualify. For purposes of this offer, funds from maturing certificate of deposit accounts held at Flagstar Bank will be considered eligible. The account must remain open for the full 180-day promotional period.

This offer is limited to one promotion per household. If any signer on this account has previously received a savings promotion from Flagstar Bank, you are ineligible for this offer. This offer cannot be combined with any other offers or promotions. An early account closure fee may be imposed for accounts closed within 180 days. Flagstar Bank employees are not eligible for this offer. Offer subject to change or cancellation at any time without notice. Receiving this offer does not guarantee eligibility. All account applications are subject to our normal approval process. Personal accounts only. Area restrictions may apply.

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