Regions Bank is a regional bank with locations in several states in the midwest and southern states (full list) below and they routinely have new account bonuses for those looking to open a LifeGreen Checking or Savings account (or both).
They are FDIC insured under Certificate #12368 and have been since 1928. They are a State Chartered Bank and regulated by the Federal Reserve Board. They currently have over 1,300 locations spread out across 15 states. If you live in AL, AR, FL, GA, IL, IN, IA, KY, LA, MS, MO, NC, SC, TN, and TX then you are in their service area.
So, let’s get to these offers!
💵 U.S. Bank – up to $700
Earn up to $700 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through June 27, 2024. Member FDIC.
Offer may not be available if you live outside of the U.S. Bank footprint or are not an existing client of U.S. Bank or State Farm.
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🔃 Updated March 2024 with the promotional details – the offer is now for $300 and expires on 6/30/2024.
Regions Bank LifeGreen Checking — $300
Regions Bank LifeGreen Checking has a $300 offer that you can get pretty easily. Unfortunately, there is a direct deposit requirement but it’s pretty easy.
To get your $300, open an account with the promotion code RGSPRNG24RM and make $1,000 or more in qualifying ACH direct deposits (deposits must be new to Regions) that must post to your account within 90 days of account opening and enroll in Online Banking. Then make sure to enroll in online banking too – you have 60 days to accomplish this.
The account has a minimum $50 opening deposit and an $11 monthly fee that you can get lowered to $8 if you opt for electronic statements.
Available to residents of AL, AR, FL, GA, IL, IN, IA, KY, LA, MS, MO, NC, SC, TN, and TX and be sure to read the terms to make sure you qualify.
(Offer expires 6/30/2024)
Previous Regions Bank Promotion Codes
Here are some of the previous Regions Bank promotion codes:
- For the period ending 2/28/2022 – the promotion code for the $200 offer was WINTER2021
- For the period ending 6/30/2022 – the promotion code for the $200 offer was RGRN22RM
- For the period ending 9/30/2022 – the promotion code for the $200 offer was RGSUMR22
- For the period ending 12/31/2022 – the promotion code for the $200 offer was RGWNTR22RM
- For the period ending 9/30/2023 – the promotion code for the $300 offer was RGSPRNG23RM
- For the period ending 12/30/2023 – the promotion code for the $300 offer was (again) RGSPRNG23RM
- For the period ending 6/30/2024 – the promotion code for the $300 offer wasRGSPRNG24RM
Regions Bank LifeGreen Savings — $100
Regions Bank runs a promotion with their LifeGreen Savings account where you get up to $100, structured as an annual savings bonus.
The $100 is structured as an annual savings bonus. Open a new Regions LifeGreen checking account or LifeGreen Savings account and earn a 1% annual savings bonus of up to $100 when you have an automatic transfer of at least $10 from your Regions checking account to your LifeGreen Savings account is required in at least 10 of any of the 12 calendar months that precede the month of your account opening anniversary. The bonus is calculated on the average monthly balance for the 12 calendar months that precede your anniversary month.
Available to residents of AL, AR, FL, GA, IL, IN, IA, KY, LA, MS, MO, NC, SC, TN, and TX and carefully read the terms to ensure you qualify.
(Offer expires not displayed)
How Does This Compare?
It’s a pretty good offer considering you can get $200 for just setting up a routine ($500 in deposits in 60 days) direct deposit and use their card ten times.
Some offers, which we will share below, often require a higher direct deposit total:
Barclays – $200
Barclays Bank will give you a $200 if you open a new savings account and deposit $25,000 or more within 30 days and maintain at least $25,000 for the next 120 days. The savings account also pays a competitive interest rate of 4.35% APY while you wait.
BMO Relationship Checking – $400
BMO Bank is offering a $400 bonus* when you open a BMO Relationship Checking and when you have at least $7,500 in qualifying direct deposits within the first 90 days. It is a very straightforward offer that is available nationwide.
*Conditions apply
Bank of America – $200 Bonus Offer
Bank of America offers a $200 Bonus Offer cash bonus if you open a new account and Set up and receive qualifying direct deposits totaling $2,000 or more into that account within 90 days of account opening. It has a monthly fee that is easy to have waived.
Chase Total Checking® – $300
Chase Bank will give you $300 when you open a Total Checking account and set up and receive direct deposits totaling $500 or more within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!
HSBC Premier Checking – up to $4,000
HSBC has an offer where you can get up to $4,000 for eligible new customers who open an HSBC Premier checking account, make a sizable deposit, and make recurring monthly qualifying direct deposits of at least $5,000 for 3 consecutive months.
