Regions Bank Promotions And Bonuses Of May 2024

Regions Bank is among the nation’s largest full-service banking providers, with over 1,200 branches across the Midwest and the South, including 100 branches in Texas. Like many banks, Regions regularly offers cash bonuses to entice new customers to open an account.

Earning a Regions Bank bonus generally requires opening an account and meeting certain transaction requirements within a promotional period. Regions Bank sometimes offers additional cash bonuses for referring family and friends to open an account.

Regions Bank bonus offers vary and may only be available in states where the bank operates. Additionally, some bonus offers may only be available by visiting a local Regions Bank branch in person.

Bonus offers and other account details are accurate as of May 1, 2024.

Regions Bank Checking Account Promotions

LifeGreen Checking Bonus: Earn $300

Regions Bank offers several LifeGreen checking accounts (like the Regions LifeGreen® Checking, Regions LifeGreen Preferred Checking®), including an interest-bearing version and accounts for seniors and students. LifeGreen checking accounts have monthly fees ranging from $8 or $11 to $18, but you can avoid those fees by meeting monthly transaction requirements. All LifeGreen checking accounts require a $50 minimum deposit to open an account.

• What is the offer? Earn a $300 bonus after opening a new personal LifeGreen checking account online using promo code RGSPRNG24RM, or register and present your personalized email voucher at your local branch when you open an account. Enroll in online banking within 90 days of account opening and make $1,000 or more in qualifying ACH direct deposits with new-to-Regions-funds that post within 90 days of account opening.
• When do you receive your bonus? Regions Bank deposits the bonus cash into your checking account within 60 days of completing the bonus requirements.
• Is there a time limit on the offer? The new account must be opened by June 30, 2024.
• Can you avoid the monthly service fee? You can get a fee waiver with all five LifeGreen account options. Avoid the $8 or $11 monthly fee on a LifeGreen Checking account with at least $500 in qualifying direct deposits. Avoid the $18 monthly fee on a LifeGreen Preferred Checking account with an average monthly balance of $5,000 or higher. Avoid the $8 monthly fee on a Regions LifeGreen eAccess Account® with at least 10 Regions debit or credit card purchases. Avoid the $8 or $11 monthly fee on the Regions 62+ LifeGreen® Checking account with monthly direct deposits of at least $300.

Regions Bank Savings Account Promotions

LifeGreen Savings Bonus: Earn Up to $100

LifeGreen Savings is a basic savings account that earns minimal interest based on location. Still, it has no monthly fees or minimum balance requirements. A Regions checking account is required to open a LifeGreen Savings account. A $50 minimum deposit is required to open the account.

• What is the offer? Open a LifeGreen Savings account and set up an automatic transfer of at least $10 from your Regions checking account to your LifeGreen Savings account during at least 10 of any of the 12 calendar months preceding the month of your account anniversary. You will receive an annual 1% savings bonus of up to $100. Your LifeGreen Savings account must be open on the date the bonus is paid.
• When do you receive your bonus? Regions Bank deposits the cash into your savings account by the second business day of the month following your account anniversary month.
• Is there a time limit on the offer? The savings bonus is ongoing but could be discontinued at any time.
• Can you avoid the monthly service fee? LifeGreen Savings has a $0 monthly fee if you have a Regions checking account.

Regions Bank Credit Card Promotions

Regions Cash Rewards Visa® Signature Credit Card*

• Annual fee: $0
• Welcome offer: $200 in cash rewards after spending $1,000 in the first 90 days or earn a $100 bonus after spending $500 in the first 90 days.
• Ongoing rewards: 1.5% in cash rewards on qualifying card purchases.

Regions Prestige Visa® Signature Credit Card*

• Annual fee: $0
• Welcome offer: $200 bonus after spending $1,000 in the first 90 days after account opening or spend $500 to earn a $100 bonus within the first 90 days.
• Ongoing rewards: 3% on dining & entertainment purchases, including fast food, 2% on gas and grocery store purchases, 1% on all other purchases.

Referral Bonuses

LifeGreen Checking and Referral Bonus: Earn $50

If you already bank with Regions, you can score a $50 Visa Reward card when you refer someone who opens a new Regions personal checking account and completes the offer requirements.

• What is the offer? Have an existing Regions bank account and refer an individual using the online offer form. The individual you referred must open a new Regions checking account with a Regions Visa debit card within 90 days of initial communication from Regions Bank and keep the account open and in good standing for at least 60 days. Within 60 days of account opening, they must have at least $300 in qualifying direct deposits, complete at least 10 posted Visa debit card purchases and sign up for online banking with online statements. The offer is only available if the referred individual does not have an existing Regions checking account. You can earn up to $500 in referral bonuses per calendar year.
• When do you receive your bonus? You will receive the Visa Reward Card within four to six weeks of completing the offer requirements.
• Is there a time limit on the offer? The referral bonus is an ongoing offer but may be discontinued at any time.
• Can you avoid the monthly service fee? Regions Bank personal checking account monthly fees range from $8 to $18. A fee waiver is available with most checking accounts by meeting the account balance or transaction requirements for that checking account. Regions Now Checking has a $5 monthly fee, which is not waived.

LifeGreen Business Checking Referral Bonus: Earn $150

Regions Bank referral bonuses aren’t limited to personal accounts. You can earn a $150 Visa Reward Card when you refer someone who opens a new Regional business checking account and completes the offer requirements.

• What is the offer? Have an existing Regions bank account and refer a business using the online offer form. The referred business must open a new Regions business checking account with a Regions Visa debit card within 90 days of initial communication from Regions Bank and keep the account open and in good standing for at least 60 days. Within 60 days of account opening, they must make an opening deposit of at least $500, complete at least one posted Visa Business CheckCard purchase and sign up for online banking with online statements. The offer is only available if the referred business does not have an existing Regions checking account. You can earn up to $500 in referral bonuses per calendar year.
• When do you receive your bonus? You will receive the Visa Reward Card within four to six weeks of completing the offer requirements.
• Is there a time limit on the offer? The referral bonus is an ongoing offer but may be discontinued at any time.
• Can you avoid the monthly service fee? Regions Bank business checking accounts carry monthly fees ranging from $7 to $25, except the LifeGreen Not-for-Profit Checking account, which has no monthly fee. For other accounts, a fee waiver is available by meeting certain account balance or transaction requirements.

How To Open a Regions Bank Account

You can open a Regions bank account online through the bank’s website or in person at one of its branches. When you open an account, you must provide personal information, including a Social Security number, email address, funding account information, a valid photo ID and a secondary form of personal identification.

Are Regions Bank Promotions Right for You?

If you’re in the market for a new checking or savings account, Regions Bank bank bonuses are relatively easy to attain. Plus, you can earn additional bonuses by referring family and friends to the bank.

You shouldn’t make your banking decisions based on whether you can earn a bonus. Determine your banking needs, compare accounts and bank bonuses available and only go for a Regions Bank bonus if the account meets your financial needs. Regions Bank only operates in 15 states, so it’s not ideal for everyone. But if you live within its service area, you could earn extra cash without too much work.