Flagstar Bank 2.30% APY Money Market Account
Flagstar Bank is currently offering a 2.30% APY money market account. This is down from their previous rate of 2.41% but the rate is still competitive in today’s banking market. Their money market account comes with no minimum balance and no monthly fees, which is a must have for savings and money market accounts in my opinion.
For those that are interested, the Flagstar $100 checking bonus is still being run. You can follow the link for my full review of the promotion.
You can open an account online or visit a Flagstar Bank branch located in Michigan, Indiana and Georgia. Flagstar Bank only has a 1 out of 5 star soundness rating from bankrate. Flagstar is an FDIC insured bank and as always I recommend you stay under the $250,000 FDIC insured limit.
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