Regions Bank Promotions: $200 for New LifeGreen Checking Customers

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!

Discover Bank Logo

💰 Discover Online Savings Account – $150 or $200

Discover Bank is offering a $150 or $200 bonus to open your first Online Savings Account. Just open it with the code WH21 by 12/15/2021 and then deposit at least $15,000 to get the lowest bonus amount. Deposit $25,000 to get the higher amount.

Learn more about this offer

If this offer isn’t for you, remember that Wells Fargo has a nationwide $200 offer worth checking out.

Table of Contents
  1. Regions Bank LifeGreen Checking — $200
  2. Regions Bank LifeGreen Savings — $200 [EXPIRED]
  3. How Does This Compare?

Regions Bank LifeGreen Checking — $200

Regions Bank LifeGreen Checking has a $200 offer that you can get pretty easily. Unfortunately, there is a direct deposit requirement but it’s pretty easy.

To get your $200, open an account with the promotion code GREEN2021 and set up direct deposit and make $500 or more of qualifying ACH direct deposits within 60 days plus use your Regions Visa® CheckCard to make 10 or more purchases that post to your account within 60 days. 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.

Learn more
(Offer expires 12/31/2021)

Regions Bank LifeGreen Savings — $200 [EXPIRED]

While this offer is currently expired, we are keeping the details in case it returns.

Regions Bank runs a promotion with their LifeGreen Savings account where you get different bonus amounts based on the requirements you satisfy. You can can get up to $200.

You get $100 when you open a new Regions LifeGreen checking account with the promo code WINTER2021 and maintain an average daily balance of at least $500 for the first 60 days after account opening.

Then, get $25 for each of the following within 30 days:

  • Download and log in to the Regions Mobile App.
  • Deposit at least one check using Regions Mobile Deposit.
  • Set up Regions Direct Deposit and make $500 or more of qualifying ACH direct deposits such as payroll or government payments.
  • Make 10 or more purchases with your Regions Visa CheckCard that post to your account within 30 days of account opening.

So this offer has a direct deposit option that only costs you $25 if you skip. You get $175 if you do everything except for the direct deposit.

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.

Learn more
(Offer expired 12/31/2021)

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:

Wells Fargo – $200

Wells Fargo has a nationwide promotion of $200 for a new checking account when you open a new checking account with at least $25 and receive a total of $1,000 or more in qualifying direct deposits into the new checking account within 90 days from account opening.

You can learn more about the Wells Fargo promotions to see how to get it.

Discover Online Savings Account – $150 or $200

Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH21 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.

Chase Total Checking® – $225

Chase Bank will give you $225 when you open a Total Checking account and set up direct deposit 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 – $450

HSBC has an offer where you can get $450 for eligible new customers who open an HSBC Premier checking account and make recurring monthly qualifying direct deposits of at least $5,000 for 3 consecutive months. Click here to learn more about this offer.

Huntington Bank – up to $500

If you are a resident of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia, or Wisconsin then you could get up to $500 from Huntington Bank for opening a new checking account. There are several checking accounts that qualify but they’re great offers if you live in their geographic region. Click here to learn more about Huntington Bank offers.

Axos Bank – $100

Axos Bank has a great promotion where you can get $100 when you open a Rewards Checking Account using promotion code HOLIDAYS. Then, complete direct deposit(s) totaling at least $1,500 within the first 60 days.

Click here to see how you can get $100 from Axos Bank.

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About Jim Wang

Jim Wang is a thirty-something father of four who is a frequent contributor to Forbes and Vanguard's Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology - Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here's my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you're on track to retire when you want. It's free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a few commercial properties and farms in Illinois, Louisiana, and California through AcreTrader.

Recently, he's invested in a few pieces of art on Masterworks too.

Opinions expressed here are the author's alone, not those of any bank or financial institution. This content has not been reviewed, approved or otherwise endorsed by any of these entities.

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