Flagstar Direct is offering a $100 bonus for new Express Checking accountholders  who establish a direct deposit of at least $250 within the first four months of opening their account. Their Express Checking account offers a four-month bonus APY of 1.50% followed by a rate that makes the first year blended APY 1.06%, which is pretty good for a checking account. In addition to a decent rate and the $100 bonus, there are no monthly maintenance fees, free checks for life, and free identity theft protection.
Let us put your money to work for you with our four-month, 1.50% bonus rate, no service fees and no minimum balance. Flagstar’s Express Internet checking account is tailor-made for you to achieve your financial goals. Plus, receive an additional $100 for establishing direct deposit within the first four months! One promotional account per household.
It’s a decent deal, if you don’t mind setting up a direct deposit, and a nice way to score a hundred bucks.