Regions Bank Promotions: $400 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 WH323 by 3/15/2023 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

Table of Contents
  1. Regions Bank LifeGreen Checking — $200
    1. Previous Regions Bank Promotion Codes
  2. Regions Bank LifeGreen Savings — $100 [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 RGWNTR22RM and make $500 in total deposits (funds new to Regions) that post to your account within 30 days of account opening. 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.

Learn more
(Offer expires 12/31/2022)

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

Regions Bank LifeGreen Savings — $100 [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 $100.

You get $100 when you open a new Regions LifeGreen checking account with the promo code and make $1,000 in total deposits (funds new to Regions) that post to your account within 30 days of 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 n/a)

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:

⭐Citi Priority Account – up to $2000

Citi Priority is offering up to $2000 bonus when you open an account by 4/4/2023. Then, within 20 days of opening your account, deposit at least $10,000 in New-to-Citi® funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $10,000.

👉 Click here to learn more

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 WH323 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.

👉 Click here to learn more

Bank of America – $100 Bonus Offer

Bank of America offers a $100 Bonus Offer cash bonus if you open a new account and set up and receive qualifying direct deposits totaling $1,000 or more into that account within 90 days of account opening. It has a monthly fee that is easy to have waived.

👉 Click here to learn more

Chase Total Checking® – $200

Chase Bank will give you $200 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!

👉 Click here to learn more

Albert – $150

Albert will give you $150 when you open an account and receive a qualifying direct deposit of at least $500 within 45 days and spend at least $200 on goods and services every 30 days for 90 consecutive days with your Albert debit card.

Click here to learn more

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About Jim Wang

Jim Wang is a forty-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.

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