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  Regions Bank Preferred Checking

Regions Bank Preferred Checking

in Checking Accounts from Regions Bank · fdic

Unaffiliated

Regions Bank Preferred Checking

Unaffiliated

in Checking Accounts from Regions Bank · Member FDIC

Net Recommendation Score +67

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +67, equating to 4.3 on a 5 point rating scale.

+67

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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2 users recommend
1 user is unsure
0 users don't recommend
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Highlights
Community Rating

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Monthly Fee $0 - $18
ATM Fee: Out-of-Network $2.50
Minimum Balance to Avoid Monthly Fee $5,000
APY (Annual Percentage Yield) 0.01%

Regions Bank Preferred Checking Review

Regions Bank Preferred Checking is offered by Regions Bank, a bank founded in 1873 and based in Huntsville, AL. Regions Bank Preferred Checking is available in 15 states across the USA.

Key Takeaways
  • Low APY. The maximum annual percentage yield for this account is only 0.01%.
  • Charges a monthly fee. This account charges a monthly service fee of up to $18, but the fee is waived if you keep a minimum balance of $5,000.
  • Bill pay. Pay your bills to practically anyone in the United States through Regions Bank.
Regions Lifegreen Preferred checking Pros & Cons
Pros Cons
  • Interest-yielding account.
  • Access to physical branches.
  • Free debit card
  • No signup bonus.
  • Does not offer mobile check deposits.
  • No ATM access to Regions Bank Preferred Checking.
  • Only available in 15 states.
  • Higher than average wire transfer fees.
  • Monthly service charge.
  • Charges a higher than average fee on out-of-network ATM transactions.
Regions Lifegreen Preferred checking FAQ

Are checking accounts from Regions Bank federally insured?

Yes, your Regions Bank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Regions Lifegreen Preferred checking offer?

Regions Bank Preferred Checking Rates & Terms
Description
APY (Annual Percentage Yield) 0.01%

Regions Lifegreen Preferred checking offers an APY of 0.01% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Regions Lifegreen Preferred checking?

Regions Lifegreen Preferred checking requires a minimum initial deposit of $50 to open an account.

Regions Lifegreen Preferred checking Account Minimums
Description Amount
Minimum Opening Deposit $50
Minimum Combined Balance to Avoid Monthly Service Fee $25,000
Minimum Balance to Avoid Monthly Service Fee $5,000

What fees does Regions Lifegreen Preferred checking charge?

This account charges a monthly service fee of up to $18.

Regions Bank Preferred Checking Fees
Description
ATM Fee: In-Network $0
Check Copy $5
Debit Card Replacement Fee $5
Early Account Closure $25
Foreign Transaction Fee (Debit Card) 3%
Monthly Fee $0 - $18
NSF Fee $36
Online Bill Pay Fee $0
Overdraft Item Fee $36
Overdraft Protection Fee (per transfer) $15
Paper Statement Fee $2
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $15
Stop Payment Fee $36
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $45
Wire Transfer Fee - International (Incoming) $18
Wire Transfer Fee - International (Outgoing) $45
ATM Fee: Out-of-Network $2.50

Does Regions Lifegreen Preferred checking charge overdraft fees?

Yes, Regions Lifegreen Preferred checking charges a $36 fee for every overdraft.

Regions Lifegreen Preferred checking offers overdraft protection at a cost of $15 per transaction.

What features and perks does Regions Lifegreen Preferred checking offer?

This account includes the following features:

  • Fraud monitoring - Regions Lifegreen Preferred checking monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Regions Lifegreen Preferred checking allows you to manage your money online or with a mobile app.

How do people rate the customer service and user experience of Regions Lifegreen Preferred checking?

Overall, Regions Lifegreen Preferred checking is strongly recommended based on community reviews that rate customer service and user experience.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 15 states
  • Alaska
  • Alabama
  • Florida
  • Georgia
  • Iowa
  • Illinois
  • Indiana
  • Kentucky
  • Louisiana
  • Missouri
  • Mississippi
  • North Carolina
  • South Carolina
  • Tennessee
  • Texas

Feature Breakdown

Minimum Combined Balance to Avoid Monthly Fee $25,000
Minimum Opening Deposit Starting at $50
Minimum Balance to Avoid Monthly Fee $5,000
ATM Fee: In-Network $0
Online Bill Pay Fee $0
Check Copy $5
Debit Card Replacement Fee $5
Early Account Closure $25
Foreign Transaction Fee (Debit Card) 3%
Monthly Fee $0 - $18
NSF Fee $36
Overdraft Item Fee $36
Overdraft Protection Fee (per transfer) $15
Paper Statement Fee $2
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $15
Stop Payment Fee $36
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $45
Wire Transfer Fee - International (Incoming) $18
Wire Transfer Fee - International (Outgoing) $45
ATM Fee: Out-of-Network $2.50
Account Features
  • Free Bill Pay
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • Bauer Financial A+/A Rating
  • Branch Access
  • Member FDIC
  • Check Writing
APY (Annual Percentage Yield) 0.01%

Regions Bank Preferred Checking Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +67, equating to 4.3 on a 5 point rating scale.

+67

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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