Regions Bank Referral Program for Personal and Business Checking

Regions Bank offers a referral program for both personal and business checking accounts.

You can earn $200 for each new personal checking account opened by a friend or family member you refer.

To be eligible, the new account must be opened online, by phone, or in-person at a Regions Bank branch.

The referral reward is paid in the form of a Regions Bank Visa Debit Card.

Curious to learn more? Check out: Ally Bank Referral Bonus

To participate in the Regions Bank Referral Program, you must be a current Regions Bank customer and register to complete the Regions Bank Referral Form.

You'll receive a $50 Visa Reward Card for each new personal or business checking customer you refer who meets the qualifications.

To refer friends, provide their contact information and a valid email address.

Your friends will receive an email notification with registration instructions and the requirements of the offer.

You can refer friends and family members to open a new LifeGreen Checking or Business Checking account.

A unique perspective: Cash App Square Email

Regions Bank takes fraud and suspicious activity very seriously. They reserve the right to delay or refuse an incentive if they deem it fraudulent or suspicious.

Bank may refuse to process and pay an incentive if it believes the action will impose liability on them. This can include their affiliate or any of their respective officers, directors, employees, and representatives.

Any decisions made by Bank are final and binding. They have the right to prohibit a referrer from participating in the program if they determine the referrer is attempting to undermine the fairness of the program.

Bank will not tolerate cheating, hacking, deception, or any other unfair practices. They may also refuse to pay an incentive if they believe the action is intended to annoy or harass their representatives.

Check this out: Savings Deposit Program

Regions Bank offers a solid business checking option for entrepreneurs and small business owners.

Their business checking account has a low monthly maintenance fee of $15, which can be waived with a minimum daily balance of $2,500 or $5,000 in combined business checking and savings accounts.

This fee is relatively low compared to other banks, making it a great option for businesses with varying cash flow.

A unique perspective: I M B Bank Share Price Today

To qualify for the Regions Bank Business Checking bonus, you'll need to open a new account with a $500 minimum opening deposit within 90 days of registering.

The bonus reward is $150, which is a $50 increase from the regular reward of $100 that requires a $100 minimum opening deposit without the bonus.

You'll have to meet the $500 minimum opening deposit to get the $150 bonus, so make sure you have that amount available when you open your new account.

Intriguing read: Axis Joint Account Opening

Regions Bank offers several business checking accounts, each with its own fee structure. The LifeGreen Business Simple Checking account has a $5 monthly fee, but it can be waived if you make at least $500 in Regions Business Check Card and/or Business Credit Card purchases.

To waive the fee on the LifeGreen Business Checking account, you'll need to maintain an average monthly statement balance of $2,500, make at least $1,000 in Regions Business Check Card and/or Business Credit Card purchases, or have at least one Regions Merchant Services transaction credited to the account.

The Advantage Business Checking account has a higher monthly fee of $22, but it can be waived if you maintain an average monthly statement balance of $10,000, have combined balances of $30,000 in related business accounts, make at least $2,500 in Regions Business Check Card and/or Business Credit Card purchases, have at least one Regions Merchant Services transaction credited to the account, or make at least one deposit to the account using Regions Quick Deposit.

The Business Interest Checking account has a $15 monthly fee, but it can be waived if you maintain an average monthly statement balance of $5,000.

Worth a look: Average Saving Account Interest

To refer friends to Regions Bank, you'll need to register and complete the Regions Bank Referral Form if you're a current customer.

You'll receive a $50 Visa Reward Card for each new personal or business checking customer your referral brings in, as long as they open a new LifeGreen Checking or Business Checking account and meet the qualifications.

First, gather your friends' contact information and a valid email address to share with Regions Bank.

Your friends will then receive an email notification with registration instructions and the requirements of the offer, so make sure to include their email address accurately.

Explore further: How to Do Pay Friends and Family Venmo