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Business Advantage Savings

Get rewarded for growing your business savings. With this account, your interest rate goes up at certain savings milestones.

Your interest rate grows along with your savings

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Earn interest

Start earning with no minimum balance required.

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Low cost

Waive the $3 monthly maintenance fee with an average daily balance of $100.

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Anytime access

Check in on your accounts between meetings, at home, or on the go with Flagstar Corporate Connect.

Earn more by saving more

The more you save, the higher your interest rate with Business Advantage Savings. It's a great place to keep funds liquid and benefit from a tiered interest rate that gets better at $25,000, $50,000, and $100,000 milestones. 

 

Access your accounts anytime, anywhere

When business has you on your toes, Flagstar Corporate Connect keeps you in control. With our all-in-one business banking online platform, you can check balances and payment history, pay taxes and bills, make stop payments, and more on your schedule.

Important information will be provided to you in the disclosures you receive during the account opening process.

1Currency conversion fee may apply to transactions outside the U.S.

Business Solutions Savings 5.55% APY

2Annual Percentage Yield (APY) is accurate as of 4/13/2024. Tier 1 $25,000.00 - $999,999,999.99 features an annual percentage yield of 5.55%. Tier 2 $0 - $24,999.99 features an annual percentage yield of 0.10%. Initial minimum opening deposit to earn the higher interest rate on the Business Solutions Savings account is $25,000.00 and must be “New Money,” which is defined as money that is not currently on deposit in any Flagstar Bank account (except maturing CDs). Additionally, (i) account must be funded within 60 days of the approval date and (ii) early account closure fee and reclamation of interest paid may be imposed for accounts closed within 180 days. The 5.55% APY is guaranteed for the first 5 months after account opening. After the promotional period, the account will earn the posted interest rate of the Business Solutions Savings account, which is a variable rate and subject to change. A maintenance service charge of $5 will be imposed every statement cycle if the average daily balance in the account is less than $500. Not available for public units. Fees may reduce earnings. Limited time offer. Area restrictions may apply.  

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