Available in AL, AR, FL, GA, IA, IL, IN, KY, LA, MO, MS, NC, SC, TN, & TX, Regions Bank is offering people who received a special targeted deal a chance for a Regions Bank $550 Business Checking Promotion for following a few contingencies listed in the offer letter.

Editor’s Note: If you interested in banking with Regions Bank, be sure to check out our full list of Regions Bank Promotions, Deals, and Offers!

Regions Bank $550 Business Checking Bonus Account Summary

• Bonus Offer: Regions Bank $550 Checking Promotion
• Availability: AL, AR, FL, GA, IA, IL, IN, KY, LA, MO, MS, NC, SC, TN, & TX (Bank Locator)
• Expiration: 05/31/18
• Credit Inquiry: Soft Pull
• Credit Funding: None
• Opening Deposit Requirement: $50,000 Min for full $550 Bonus.
• Direct Deposit Requirement: None
• Monthly Service Fee: $5, $8, $18, see below on how to waive the fee
• Early Termination Fees: None listed
• Promo Code(s): None

Application Link

Regions Bank $550 Checking Promotion– there is no direct link to the offer. Please refer to the letter below

• Offer Letter

Bonus Requirements

To qualify for the first $400 Bonus, open a new Region Business Checking Account with a Business Visa Check Card by May 31, 2018. Make at least 5 transactions within 30 days of opening your account.

Next, to get the remaining $150 to make a $550 full bonus, complete any two of the following

• Enroll in Regions Online Banking
• Have an ending posting balance of $50,000 or more on June 29,2018
• Open a Regions Business Money Market Account
• Sign up for Regions Merchant Services

Avoid Monthly Fees

• LifeGreen Checking Account: $8 monthly fee with online statements ($10 with paper statements) waived if:
  • $1,500 average monthly balance in your LifeGreen Checking account OR
  • ACH direct deposit, such as a recurring payroll or government benefit deposit, to your LifeGreen Checking account (at least one of $500 or more, or a combined amount of $1,000)
• LifeGreen eAccess Checking Account: $8 monthly fee with online statements (optional paper statements available for $2 per month) waived if:
  • Any combination of at least 10 Regions CheckCard and/or credit card purchases
• LifeGreen Simple Checking Account: $5 with online statements ($7 with paper statements) (looks like no waivers)
• LifeGreen Preferred Checking Account: $18 monthly fee waived if:
  • $5,000 average monthly balance in LifeGreen Preferred Checking account OR
  • Combined minimum deposit balances from all of your Regions checking, savings, money markets, CDs and IRAs of $25,000 OR
  • Combined $25,000 minimum outstanding loan balances from all of your Regions personal installment loans, lines of credit, equity lines of credit, equity loans, direct loans and credit cards in good standing OR
  • Any first-lien home mortgage with Regions in any amount and in good standing (excluding home equity loans and home equity lines of credit, and construction, manufactured housing and business loans)

Author’s Verdict

This $550 Checking bonus, is a pretty nice reward! If you don’t have an account with them, this is a perfect opportunity to get a sweet deal! Also, in addition to this bonus, you can enjoy all of the benefits that a Regions Bank checking account has to offer! Sign up today! Be sure to check back on BankDealGuy for more bank deals!