Offer value details
Flagstar lists Performance Savings at 3.20% APY on balances of $25,000 or more as of July 13, 2026, with lower listed tiers at 0.10% APY.
Qualification requirements
Flagstar says the initial minimum opening deposit to earn the higher interest rate is $25,000 and must be new money, defined as money not currently on deposit in any Flagstar Bank account except maturing CDs. The account must be funded within 90 days of approval.
Fees and costs
Flagstar says a $15 maintenance service charge applies every statement cycle if the average daily collected balance is less than $10,000. The fee is waived if the tax-reported owner is also an owner on a Flagstar personal checking account. Fees may reduce earnings.
Availability
Flagstar says the offer is for personal accounts only, is a limited-time offer, and area restrictions may apply. Flagstar Bank, N.A. is Member FDIC.
What to verify
- APY is variable and may change before or after account opening.
- The higher APY tier requires $25,000 in new money.
- A $15 maintenance service charge can apply if waiver conditions are not met.
- A $30 early closing fee and possible interest forfeiture can apply if closed within six months.
- Area restrictions may apply.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.