
Regions Bank Reviews
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About Regions Bank
Regions Bank serves 16 states across the Southern and Midwestern regions of the U.S. It caters to a wide range of customers, including individuals, small businesses and commercial clients. The bank says it is focused on serving the needs of local communities and supporting economic growth and development in its service areas.
- Specialized checking accounts for students and seniors
- Promotional CDs have competitive yields
- Several ways to waive monthly fees
- Below-average APYs
- Savings accounts have strict withdrawal requirements
- Promotional CDs have high minimum deposits
Helpful Reviews
What is Regions Bank?
Regions Bank was founded in 1856 and serves customers in the Midwest and South. It offers a range of banking and financial services to individuals, small businesses and corporate clients, including checking and savings accounts, loans, mortgages, credit cards and investment services.
Today, the bank has over 1,200 branches and is a Fortune 500 company with over $154 billion in assets.
How does Regions Bank work?
You can open a checking or savings account with Regions Bank online or at one of its branches. You can also apply for credit cards, loans and other financial products through its website or by visiting a branch.
Once you have a Regions Bank account, you can manage transactions through its online and mobile banking platforms.
If you need to visit a branch in person, Regions Bank has more than 1,200 locations across 16 states. You can meet with a banking representative to discuss your financial needs, open new accounts or receive guidance on managing your finances.
Regions Bank products and services
Regions Bank offers these products:
Checking accounts
- LifeGreen Checking is a standard checking account with just the basics.
- LifeGreen Preferred Checking earns interest and grants you Preferred Banking Program membership, which includes a dedicated banker and personalized service.
- Regions Now Checking has no overdraft fees, but the monthly fee cannot be waived.
- LifeGreen eAccess Account is for customers who primarily bank online and pay for most purchases with a debit or credit card.
Regions also has specialized accounts for those under age 25 ( LifeGreen Checking for Students ) and those aged 62 or older ( 62+ LifeGreen Checking ).
Savings accounts
If you’re under age 18 or have a Regions Now Card, you can open a savings account for free. While the Regions Savings account has a $5 monthly fee, you can waive it by maintaining a $300 minimum balance.
Regions Bank’s money market accounts earn slightly better interest rates, but require a minimum balance of $2,500 or more to avoid the $12 to $15 monthly fee.
Certificates of deposit
All other Regions Bank CDs earn 0.01% to 0.05% APY at publishing with relationship rates, which are much lower than rates offered by online banks. They also require a $500 to $2,500 minimum deposit depending on the term.
Credit cards
- Cash Rewards Visa Credit Card earns cash back on purchases.
- Premium Visa Signature Credit Card earns points that can be redeemed for travel, merchandise, gift cards or cash.
- Prestige Visa Signature Credit Card has an accelerated earn rate in select spending categories.
- Life Visa Credit Card offers a 15-month 0% introductory annual percentage rate (APR).
- Explore Visa Credit Card is a secured card designed for establishing or improving your credit.
Mortgages, loans and lines of credit
Investment services
Regions Bank fees
Many Regions bank accounts have monthly fees that can be waived when you link another Regions account or maintain a minimum balance.
Savings account holders will pay a $3 fee each time they make more than three withdrawals a month. This fee is strict considering most banks give you six free withdrawals a month. Money Market Account holders pay a $15 fee for each withdrawal over six.
Regions Bank also charges these common fees:
- $3 for non-network domestic ATMs
- $5 for non-network international ATMs
- $36 for overdrafts over $5 (to avoid this fee, link a Regions checking and savings account for overdraft protection)
- $15 for incoming domestic wire transfers
- $25 for outgoing domestic wire transfers
- $18 for incoming international wire transfers
- $45 for outgoing international wire transfers
- $25 for closing your account within 180 days of opening
Regions Bank FAQ
Does Regions Bank have Zelle?
Yes, Regions Bank uses Zelle to allow customers to safely send and receive money. You can use Zelle by logging into the Regions Bank mobile app.
Is there a limit on Zelle with Regions Bank?
No, Regions Bank does not limit or cap how much money you can send in a single transfer with Zelle.
What is Regions Bank’s ABA routing number?
Regions Bank has multiple routing numbers that vary by state. You can view your routing number by logging into your account.
How much cash can I withdraw from my Regions checking account in one day?
Regions Bank’s daily ATM withdrawal limit is $808.
Still have questions?
Is Regions Bank legit?
Regions Bank is a legitimate financial institution that’s a publicly traded company and regulated by the Federal Reserve. It’s best for individuals and small businesses looking for a full-service bank that offers a range of financial products. It may also be a good option for those who live in the Southeastern or Midwestern U.S., where the bank has branch locations.
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- 4,887,169 reviews on ConsumerAffairs are verified.
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- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
Regions Bank Company Information
- Company Name:
- Regions Bank
- Website:
- www.regions.com










