Dedicated to Deposits: Deals, Data, and Discussion

$100 Checking Account Bonus with DD at Flagstar Bank

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Flagstar Bank
Flagstar is offering a $100 gas card for opening a checking account and establishing direct deposit of at least $250/month. This special doesn't seem to be listed at Flagstar's website. It was advertised in yesterday's Fort Wayne Newspaper (online ad) and in today's The Holland Sentinel in Michigan (online ad). Some of the important parts of the small print include:
Limited to new checking account customers only. To qualify, customer must maintain and open an active Flagstar checking account and establish direct deposit of at least $250 per month. All accounts must remain open and active for a minimum of six months. If checking account is closed within the first six months, Flagstar reserves the right to reclaim the value of the gas card.

Flagstar's Express Checking has no minimum balance requirements to avoid fees.

Flagstar bank branches are located through out Georgia, Indiana and Michigan. The bank is FDIC insured (FDIC certificate # 32541).

  Tags: Indiana, Flagstar Bank, Georgia, Michigan, checking account

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Comments
4 Comments.
Comment #1 by Anonymous posted on
Anonymous
What a great deal!! I'm already a Flagstar MM account customer. Hope that does not disqualify me. If not, it's a cinch to ACH them $250 six times and then just Xfer the funds to my MM account. The funds will draw interest there until extracted. A hundred bucks worth of gas is well worth the inconvenience. Thanks, Banking Guy. I just hope I qualify, that's all. My MM account is the only account I have with Flagstar . . . . . so far. Will give them a call in the morning to obtain my eligibility status for this offer.

1
Comment #2 by Hanmantha (anonymous) posted on
Hanmantha
Will ACH transfer be treated as a Direct Deposit?

1
Comment #3 by PNS2CLT (anonymous) posted on
PNS2CLT
I think you have to do business with a Flagstar brick-and-motor branch in order to quality for this offer. Note that the checking & savings accounts (including interest rates & perks) differ at B&M branches from what's listed online.

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Comment #4 by Anonymous posted on
Anonymous
This special is now listed on Flagstar's website:

https://www.flagstar.com/publish/fbc/fsb/en/www/AdvertisingPromoLanding.html

Applies to both online or branch accounts, just enter the promo code GC100.

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