Unlike other bank promotions, which are one-time offers, Regions Bank allows you to earn this bonus year after year.
Why We Like It
Regions’ LifeGreen Savings account doesn’t have a minimum balance requirement and, if you have a Regions Bank checking account, there is no monthly fee. Plus, the bonus can be earned every year, giving you a reward for maintaining your savings habits.
What We Don’t Like
Regions Bank doesn’t operate everywhere; only residents of 15 states are eligible: Alabama, Arkansas, Florida, Georgia, Iowa, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee and Texas.
Who It’s Best For
This offer is best for Regions Bank customers who have a checking account and want to start saving for their financial goals with a separate savings account.
To earn the bonus, you must open a LifeGreen Savings account and set up automatic monthly transfers from a qualifying Regions Bank checking account. Transfer at least $10 per month for at least 10 out of 12 months and you’ll qualify for a 1% bonus, up to a maximum of $100.
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