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YMMV, Flagstar bank has "banking centers in Michigan, Indiana and Georgia."

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Gas Offer

Summary: Purchase $100 in gasoline each month to recieve a $25 gas card, up to $500 in gas cards

FWF discussion of similar gas card deal

*$500 free gas offer available for new checking account customers only (no existing Flagstar checking account). For a limited time, open a primary checking account with an automatic, recurring direct deposit of income of at least $250 per month, excluding interest deposits, and you are eligible to receive up to $500 in free gas. Minimum opening deposit is $50. Direct deposit must be established within first 60 days of account opening to be eligible. All accounts must remain open and active for a minimum of six months. See your Flagstar representative for more details. Offer not good in conjunction with any other coupons or checking account offers. Some restrictions apply. Limited to one offer per household. Offer subject to change or cancellation at any time without notice. Please see our policy page online at www.flagstar.com/gasoffer for additional rules and regulations.

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Cash Offer

Promo Code HD
Offer available only at retail banking centers. Please ask your Flagstar banker to note the Internet promotional code at account opening.

*$100 deposit available for new checking account customers only (no existing Flagstar checking account). For a limited time, open a new personal checking account with an automatic, recurring direct deposit of income of at least $250 per month, excluding interest deposits, and we'll deposit $100 into your account within 30 days after the first recurring direct deposit takes place. Minimum opening deposit is $50. Direct deposit must be established within first 60 days of account opening. 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 $100 deposit. See your Flagstar representative for more details. Flagstar will issue a 1099 for the $100. Offer not good in conjunction with any other coupons or checking account offers. Some restrictions apply. Limit one $100 deposit per customer per account. Offer subject to change or cancellation at any time without notice.



phitchow said: Gas Offer

Summary: Purchase $100 in gasoline each month to recieve a $25 gas card, up to $500 in gas cards

FWF discussion of similar gas card deal

*$500 free gas offer available for new checking account customers only (no existing Flagstar checking account). For a limited time, open a primary checking account with an automatic, recurring direct deposit of income of at least $250 per month, excluding interest deposits, and you are eligible to receive up to $500 in free gas. Minimum opening deposit is $50. Direct deposit must be established within first 60 days of account opening to be eligible. All accounts must remain open and active for a minimum of six months. See your Flagstar representative for more details. Offer not good in conjunction with any other coupons or checking account offers. Some restrictions apply. Limited to one offer per household. Offer subject to change or cancellation at any time without notice. Please see our policy page online at www.flagstar.com/gasoffer for additional rules and regulations.
So does this exclude ACH deposits, or is it just an overly detailed description?

"$500 gas rewards" requires buying $100 gas/month, submitting receipts, then getting $25 card per month (for 20 consecutive months??!!).


I called cust svc (twice) and each time was told that to get the Activation Code, you must apply in the branch.


I applied for an Index Checking account online with promo code HD (for the $100). This checking account is only available online, so it is very questionable whether I will receive this promotional money or not.


So do I get it right that it will take 20 months to receive all gas cards?


Yoksel said: So do I get it right that it will take 20 months to receive all gas cards?

Unfortunately, that appears to be true. On the upside, the gas card offer has no mention of a 1099.




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