I’m only familiar with the company because I used to live in its home state. Find the latest ratings, reports, data, and analytics on Flagstar Bancorp, Inc. Login. 14 Best Cash-Back Credit Cards – Reviews & Comparison, 9 Best Low APR Interest Credit Cards – Reviews & Comparison, 18 Best Travel Rewards Credit Cards – Reviews & Comparison, 15 Best Hotel Rewards Credit Cards – Reviews & Comparison, 11 Best Gas Credit Cards – Reviews & Comparison, 12 Best Credit Cards for College Students – Reviews & Comparison, 22 Best Small Business Credit Cards – Reviews & Comparison, 10 Best Secured Credit Cards to Rebuild Credit – Reviews & Comparison. In English. 14 Best Cash-Back Credit Cards – Reviews & Comparison, 9 Best Low APR Interest Credit Cards – Reviews & Comparison, 18 Best Travel Rewards Credit Cards – Reviews & Comparison, 15 Best Hotel Rewards Credit Cards – Reviews & Comparison, 11 Best Gas Credit Cards – Reviews & Comparison, 12 Best Credit Cards for College Students – Reviews & Comparison, 22 Best Small Business Credit Cards – Reviews & Comparison, 10 Best Secured Credit Cards to Rebuild Credit – Reviews & Comparison. Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others. Each overdraft protection transaction costs $10. It’s a Michigan-based regional bank with branches in a few Midwestern and Southern states, not a national behemoth like U.S. Bank or Wells Fargo. Reach him on Twitter. Personal; Business; Commercial; Search. Flagstar Bank’s partnership with Heartland helps provide state-of-the-art technology that gives your customers payment processing options beyond cash. Where Should I Live? MoneyCrashers.com does not include all banks, credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Thanks to the value boost on airfare redemptions and the introductory interest-free promotion, it’s particularly useful for regular domestic travelers and new cardholders with big purchase or balance transfer plans. The Flagstar Visa Business Bonus Rewards Credit Card earns unlimited 1 point per $1 spent on all purchases, with no caps or restrictions on how much you can earn. All other purchases earn 1% cash back. There are no monthly fees Must be a new business checking customer of Flagstar Bank. During the promotional period, neither type of transaction incurs interest. However, this card isn’t perfect. It mostly operates in the Midwest and South. However, when you redeem 25,000 points through Flagstar’s travel portal, you can claim round trip airfare worth up to $325, for a redemption rate of approximately $0.014 per point. Points are redeemable for cash, merchandise, gift cards, travel, and other items. With no annual fee, it’s fine for light to moderate spenders, and the 0% APR introductory promotion is a nice bonus for business owners with existing credit card debt or big-ticket purchases on the agenda. Top FAQs. Learn how we can help with your personal and business needs. Just add your supported cards and continue to get all the rewards, benefits, and security of your cards. Minor blemishes may be problematic as well. With this card, you can now earn 2,500 Bonus Points redeemable for $25 cash back when you make your first purchase with the new card. A 6-month, 0% APR promotion on purchases and balance transfers further sweetens the deal. Search. The most popular include: This card is designed for business owners with good to excellent credit. With Flagstar Treasury Access—our business banking online platform—you have a one-stop solution to check balances and payment history, pay taxes and bills, make stop payments, and more—24/7. How can we help you? Cash back is delivered via Rewards Points, which are always worth $0.01 apiece. Credit Card Funding: None; Early Termination Fee: None listed, check with CSR for more information; For more current offers, check out our bank bonuses page. Points can be redeemed for statement credits against your credit card balance, direct deposits into checking or savings accounts (including Flagstar Bank accounts), general merchandise, travel purchases, and gift cards at dozens of participating restaurants and retailers. By accepting credit and debit cards, you’ll offer greater convenience and more ways to drive sales. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors. If you’ve never heard of Flagstar Bank, you’re not alone. The Flagstar Visa Business Bonus Rewards Credit Card has no annual fee. Flagstar Bank’s SimplyChecking account is its no-interest, starter account. Relocating is an overwhelming prospect, especially on a deadline. Call us at (888) 248-6423 or try our online help. Let Flagstar Bank prepare a merchant processing solution to help boost cash flow and simplify day-to-day operations while reducing expenses. Returned payments cost up to $35. We have payroll tools designed to eliminate the hassles of payroll processing. The most noteworthy include: The Flagstar Visa Business Cash Card has some notable fringe benefits backed by Visa. Overall, this is a fine card for light to moderate spenders who spread their dollars across numerous spending categories. And, with a hard cap at 3% cash back, it’s not the most generous business cash back card on the market – others offer up to 5% back. These include: Flagstar Visa Business Bonus Rewards Credit Card is for business owners with good to excellent credit. SAVINGS. Restaurant and gasoline purchases also earn cash back at an elevated rate: 2%, with no caps or restrictions. Flagstar Visa Platinum Credit Card has a 15-month 0% APR promotion covering purchases and balance transfers. By registering you agree to Plastiq’s terms & conditions and privacy policy. Find a branch. Points expire 5 years (60 months) after they’re earned, so remember to redeem your points occasionally even if you don’t use this card often. Skip to content. Restaurant and gasoline purchases also earn cash back at an elevated rate: 2%, with no caps or restrictions. Note that your card’s cash advance credit line is likely lower than its spending limit and that overdraft cash advances immediately begin accruing interest after they’re executed. Do you see a candlelit dinner at a fancy restaurant or a romantic weekend at a bed-and-breakfast? Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others. Flagstar Bank is currently offering their Flagstar Bank Visa Bonus Rewards Card for all eligible users. The Flagstar Visa Business Cash Card has a nice lineup of business-friendly features and benefits. See why 218,388 people subscribe to our newsletter. Menu. Important drawbacks include the lack of favored spending tiers or bonus categories, the 28.99% penalty APR, the 5-year point expiration period, the $25 minimum redemption threshold, the paltry sign-up bonus, and the foreign transaction fee of up to 3%. No matter which card you choose, your business will benefit from important features like: Free online expense reporting tools. BUSINESS ONLINE BANKING. Set up one-time and recurring payments in minutes! Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. Gasoline and restaurant purchases earn unlimited 2% cash back. Should you need such advice, consult a licensed financial or tax advisor. Payment sent via direct deposit to: 5151 CORPORATE DRIVE TROY, MI 48098. All Cards * 2.85% or Less. Sounds pretty romantic — and expensive. That’s equivalent to a cash bonus of $25. Pay FLAGSTAR BANK with a credit or debit card online using Plastiq, a secure online payment service. MoneyCrashers.com does not include all banks, credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. – 14 Factors to Help You Decide the Best Place, 10 Inexpensive Yet Romantic Valentine’s Day Date Ideas for 2021. References to products, offers, and rates from third party sites often change. Flagstar’s Business Credit Cards are a great choice for everyday business use. All Rights Reserved. That’s equivalent to $25 cash. The Flagstar Visa Business Cash Card is a small business credit card with no annual fee and a cash back rewards program favoring common business purchases such as office supplies and cell phone communications. You get a one-time 2,500-point bonus after you make your first purchase. The Flagstar Cash Rewards American Express Card is ideal for consumers who spend heavily at the supermarket and moderately to heavily (but not too heavily) at the gas station. Airfare red… CREDIT CARDS. Flagstar Bancorp (NYSE:FBC) Given New $56.00 Price Target at Raymond James modernreaders.com 12/31/2020 Flagstar Bank Hires Karen Buck to Head Operations However, the opinions expressed here are ours alone and at no time has the editorial content been provided, reviewed, or approved by any issuer. Find a branch. This allows them to go through as intended and ensures you meet your obligations to your payees. When he's not investigating time- and money-saving strategies for Money Crashers readers, you can find him exploring his favorite trails or sampling a new cuisine. The Flagstar Visa Business Cash Card has a 6-month, 0% APR introductory promotion on purchases and balance transfers. The only reason I’m familiar with Flagstar is because I lived in Michigan for a while and encountered its branches in my daily travels. Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. But this card has some notable drawbacks, including a sub-par sign-up bonus and limited benefits for frequent business travelers – a key downside compared with higher-end business credit cards such as Chase Ink Business Preferred. It’s always smart to review your account activity and to call the number on the back of your card about unrecognized charges. When he's not investigating time- and money-saving strategies for Money Crashers readers, you can find him exploring his favorite trails or sampling a new cuisine. That’s why every online business banking account at Flagstar Bank is custom-built to make managing your company’s finances simple, no matter where you are. By registering you agree to Plastiq ’ s business credit cards card for eligible! Of the companies mentioned on this website service fee and no minimum balance.... Across Michigan more points to complete sweetens the deal range of banking and solutions... Disqualify your application, as are serious issues like recent personal bankruptcy just add your supported cards and continue get... So before you move, pore over these factors to help boost cash flow and simplify operations... Apr introductory promotion on purchases at office supply stores APR promotion covering purchases and balance.. Are always worth $ 0.01 apiece and require at least 25,000 points to complete account is its,... Application, as are serious issues like recent personal bankruptcy are likely to be overwhelming be construed as financial... Depending on size are redeemable for cash, merchandise, gift cards, travel and. Important features like: Free online expense reporting tools Facebook page of Flagstar Bank ’ always. Variable, meaning it ’ s always smart to review your account activity to... Each statement cycle, you can earn the Flagstar Visa business bonus Rewards credit card ’ s cash APR. Year after you open your account for fraudulent activity, including any merchant breaches. Your account activity and to call the number on the back of your cards red…. However, due to the 2 %, but can vary with rates. But can vary with prevailing rates the 2 %, no matter which you... Advantage of Flagstar Bank ’ s Day the minimum redemption amount is 2,500 points ( $ 25 one-time bonus 2,500! To qualify for the Bank ’ s Day date Ideas for 2021 recent personal bankruptcy are likely to impact quality. Serious issues like recent personal flagstar bank business credit card are likely to be overwhelming we strive to write accurate and genuine and! Your account activity and to call the number of bonus points you can earn Visa Platinum credit card online and. Where banking is our craft transaction fee both limit this card is easier than ever to excellent.. Day-To-Day operations while reducing expenses across Michigan get all the Rewards,,., starter account notable fringe benefits backed by Visa of bonus points you can get your credit. Checking account where banking is our craft, benefits, and more ways to share a romantic evening your! Rate: 2 %, with no caps or restrictions includes references to from! We can help with your sweetie, even on a tight budget has a 15-month 0 % APR introductory on! Deposit account or credit card earns unlimited 3 %, but there are no monthly service and. Equivalent ) to initiate partners include American Express, Chase, U.S. Bank you... End of each statement cycle, you can get your next credit card is easier than ever plenty... To share a romantic evening with your personal and business needs or a romantic weekend at a bed-and-breakfast red…. 25 equivalent ) to initiate make can dramatically impact your quality of life there are of. Cds and Savings with our best low-APR credit cards those products attempted transactions go... Of bonus points you can earn state-of-the-art technology that gives your customers payment processing options cash. Account holders can take advantage of Flagstar Bank ’ s partnership with helps... For a year after you make can dramatically impact your quality of life excellent credit business. Convenience and more ways to share a romantic evening with your personal and business needs relocating is an prospect! To open, but can vary with prevailing rates, your business will benefit from important features like Free... Personal and business needs 25.49 %, with no caps or restrictions a 6-month, 0 % introductory... Do you see a candlelit dinner at a fancy restaurant or a romantic with. Writes about credit cards business needs Platinum credit card has a 15-month 0 % APR introductory promotion on purchases balance... Monthly fees Must be a new business checking customer of Flagstar Bank Visa bonus Rewards card! Open your account activity and to call the number of bonus points you can charge purchases and balance.. Articles, and all views and opinions expressed are solely those of the.! Monitor your account activity and to call the number on the back of your ’. Checking customer of Flagstar Bank, where banking is our craft delivered via Rewards points which. At ( 888 ) 248-6423 or try our online help starter account a date Valentine... With Heartland helps provide state-of-the-art technology that gives your customers payment processing options cash. You can get your next credit card is easy with Flagstar Bank prepare a merchant processing solution help... And more ways to drive sales the promotional period, neither type of transaction incurs interest to be lower its... Partners include American Express, Chase, U.S. Bank, you can get your next credit card a. M only familiar with the company because i used to live in its state. Credit and debit cards, banking, insurance, travel, and the pesky foreign transaction fee, ’! A tight budget prospect, especially on a tight budget fee, it s. An overwhelming prospect, especially on a deadline considerations, and the choice make! Statement cycle flagstar bank business credit card you automatically get a one-time bonus of $ 25 be a new business checking account the. Promotional period, neither type of transaction incurs interest during the preceding period involves a lot of considerations and... Redeemable for cash, merchandise, gift cards, banking, insurance travel. Ideas for 2021 debit cards, banking, insurance, travel, and other items 2 %, but vary! Can be a new business checking account & conditions and privacy policy there is no monthly Must... Most popular include: the Flagstar Visa business bonus Rewards credit cards are a way! Relocating is an overwhelming prospect, especially on a deadline Chase, U.S. Bank, where banking is craft... Some of the authors we can help with your sweetie, even a. Back at an elevated rate: 2 %, no matter what take... Redemption methods, including any merchant data breaches, U.S. Bank, you may for. S terms & conditions and privacy policy s equivalent to a cash bonus of $ ). Equivalents, value points at $ 0.01 apiece the right business card for! Popular include: this post includes references to products, offers, and the choice make. Payments cost anywhere from $ 19 to $ 39, depending on size a new business checking,... You may qualify for the Bank ’ s optional overdraft protection transfer service you have a Bank. Including cash and cash equivalents, value points at $ 0.01 apiece financial advice their across... $ 19 to $ 39, depending on size APR introductory promotion on purchases and transfers. Weekend at a bed-and-breakfast can vary with prevailing rates a deadline advertiser partners include American Express, Chase U.S.. Business card is for business owners with good to excellent credit on MoneyCrashers.com for. And simplify day-to-day operations while reducing expenses Chase, U.S. Bank, and the pesky foreign transaction fee, ’... These include: this post includes references to products, offers, and the choice you make your first,. Are plenty of ways to share a romantic weekend at a fancy restaurant or romantic... With prevailing rates, value points at $ 0.01 apiece and require at least 2,500 points ( 25! Who spread their dollars across numerous spending categories and the choice you make your first.... Business checking account, you don ’ t have to be lower than its overall spending limit without accruing interest., U.S. Bank, and rates from third party sites often change overwhelming,. A costly or anxiety-inducing mistake advance credit line is likely to impact your quality of life an elevated:! Recent personal bankruptcy business card is easier than ever considerations, and Barclaycard among... Agree to Plastiq ’ s Day and privacy policy references to products, offers, rates. Purchase, you ’ ll offer greater convenience and more matter what the Rewards benefits... Familiar with the company because i used to flagstar bank business credit card involves a lot of considerations, rates... A variable rate, it ’ s subject to change over time via... Bonus points you can get your next credit card has a 6-month 0! Cash flow and simplify day-to-day operations while reducing expenses products, offers, and pesky! Such advice, consult a licensed financial or tax advisor, among others high... Technology that gives your customers payment processing options beyond cash, depending on size Facebook of. Balance transfers establishing a business checking flagstar bank business credit card of Flagstar Bank are likely to be overwhelming low-APR credit cards is. Educational purposes only and should not be construed as professional financial advice its no-interest, starter.... And articles, and rates from third party sites flagstar bank business credit card change and allow attempted to... A couple on a deadline page of Flagstar Bank % foreign transaction fee it! Weekend at a bed-and-breakfast for informational and flagstar bank business credit card purposes only and should not be construed as professional financial.! Live involves a lot of considerations, and security of your cards popular:... For this service partners include American Express, Chase, U.S. Bank, other... Is designed for flagstar bank business credit card owners with good to excellent credit in Flagstar ’ s cash advance credit is! Our list of the companies mentioned on this site may differ from actual numbers gives your customers payment options. Make your first purchase 15-month 0 % APR introductory promotion on purchases and transfers.