Regions Bank $150 Business Checking Bonus [AL, AR, FL, GA, IL, IN, IA, KY, LA, MS, MO, NC, SC, TN & TX]

Offer at a glance

• Maximum bonus amount: $150
• Availability:  AL, AR, FL, GA, IL, IN, IA, KY, LA, MS, MO, NC, SC, TN & TX. Note that opening online doesn’t seem to work in some areas, according to some, you need to live within 50 miles of a branch. [Branch locator]
• Direct deposit required: None
• Additional requirements: See below
• Hard/soft pull: Soft
• ChexSystems: Unknown
• Credit card funding: Up to $1,000 (and another $1,000 when you open a free savings account). American Express not accepted.
• Monthly fees: $5-$10, avoidable
• Early account termination fee: $25, 180 days
• Household limit: None
• Expiration date: None listed

The Offer

No direct link, you must use a referral link. DO NOT share your referral links in the comments. You can share and find them on this linked post.

• Open a new Regions Bank business checking account and receive a $150 Visa Rewards card when you complete the following requirements:
  • Open with an initial deposit of $500 within 90 days from the e-mail or social media communication initiated by the referrer, keep the new account open and in good standing for at least 60 days, AND
  • Complete the following within 60 days after account opening
    • Have one (1) Visa^® Business Check Card purchase, AND
    • Sign up for Online Banking with Online Statements which requires you to have either a Social Security or Taxpayer Identification number.

The Fine Print

• This Reward Card offer is not available if the referred Business already has a Regions checking account, and may not be combined with other offers.
• The processing and delivery of the Reward Cards may take 4-6 weeks after all conditions are met.
• When opening the Regions business checking account, the referred Friend or Business must provide the same email address that was used to register with ReferLive.
• This program may be discontinued or changed at any time without notice.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

LifeGreen Business Simple Checking – $5 Monthly Fee

The monthly fee on this account is waived with

• At least $500 in Regions Business CheckCard and/or Business Credit Card purchases

LifeGreen Business Checking – $10 Monthly Fee

The monthly fee is waived if you do any of the following:

• $2,500 average monthly statement balance
• At least $1,000 in Regions Business CheckCard and/or Business Credit Card Purchases
• At least one Regions Merchant Serivces transaction credited to this account

Our Verdict

They also have a $200/$250 personal checking bonus. I don’t think we’ve ever seen a bonus for the business checking accounts, but I might be wrong about that. Seems like a pretty bonus to met, just complete a debit card transaction set up eStatements and keep a deposit of $2,500 to keep the account fee free. Because of that I’ll be adding it to our list of the best business checking bonuses.

Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.

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