Regions Bank offers the Regions Bank Premium Credit Card. You may know Regions already for the frequent checking account bonuses they offer. Let’s take a look at this card in this mini review.
Contents
Card Basics
- Sign up bonus of $300 when you spend $2,000 or more within the first 90 days.
- Annual fee of $125 not waived first year
- Card earns 1% cash back on all purchases
- You can only apply for this card in branch. Branches are found in the following states: AL, AR, FL, GA, IL, IN, IA, KY, LA, MS, MO, NC, SC, TN & TXÂ Â [Branch locator]
- According to reader Evan, there is also a deposit balance requirement of an unknown amount.
Our Verdict
This card is only interesting due to the sign up bonus and given the $125 annual fee it’s really a bonus of $175 and that’s not nearly as exciting. It’s better than some cash sign up bonuses, but the $2,000 minimum spend requirement is high. I’m not sure how they really justify the annual fee given it just comes with standard Visa signature benefits and nothing else. It also requires opening in branch, personally this is an easy pass for me but might be of some very limited interest to others.
