Regions Cash Rewards Visa Signature® Credit Card

Regions Cash Rewards Visa Signature® Credit Card Review

This is a cashback card issued by Regions Bank. If you're wondering whether Regions Cash Rewards Visa Signature Credit Card is the right card for you, read on.

Key Takeaways

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
• Competitive APRs. Regions Cash Rewards Visa Signature® Credit Card has a variable purchase APR that ranges from 14.24% up to 24.24%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• 4% Balance transfer fee. Regions Cash Rewards Visa Signature® Credit Card charges a fee of 4% on balance transfers, if you transfer the balance within 60 days of opening the account. For example, a balance of $1,000 could cost $40 in transfer fees. The minimum fee is $10.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, emergency support, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, and fraud protection.

Pros & Cons of Regions Cash Rewards Visa Signature Credit Card

The Good

The Bad

Potentially lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers . 0% APR on new purchases during the first 12 months. There is then a variable purchase APR that ranges from 14.24% up to 24.24%. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Access to a concierge. Extended warranty on purchases. Travel accident and travel assistance insurance. No foreign transaction fee. Cardholders can earn rewards on their purchases. Regions Cash Rewards Visa Signature® Credit Card reports to multiple credit bureaus.

Does not offer a signup bonus. You don't earn rewards on every purchase. Charges a 4% balance transfer fee, if you transfer the balance within 60 days of opening the account.

Regions Cash Rewards Visa Signature Credit Card FAQ

Does Regions Cash Rewards Visa Signature Credit Card have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards.

Regions Cash Rewards Visa Signature Credit Card Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)

What are the Regions Cash Rewards Visa Signature Credit Card benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Regions Cash Rewards Visa Signature Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

Regions Cash Rewards Visa Signature® Credit Card has a variable purchase APR that ranges from 14.24% up to 24.24%. The card has a variable balance transfer APR that ranges from 14.24% up to 24.24%. It also has a variable cash advance APR of 25.24% .

What are the fees for Regions Cash Rewards Visa Signature Credit Card?

The following fees apply:

Regions Cash Rewards Visa Signature Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Late Payment Fee	$39

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.

Does Regions Cash Rewards Visa Signature® Credit Card report your account activity to credit bureaus?

Yes, Regions Cash Rewards Visa Signature® Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Regions Cash Rewards Visa Signature Credit Card

• Visit the Regions Cash Rewards Visa Signature Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.