$125 when you open Regions Bank Checking online - AL, AR, FL, GA, IL, IN, IA, KY, LA, MS, MO, NC, SC, TN, TX, VA

See Offer Terms below.

"To qualify, you must Open Online and use promo code Online125Bonus "

Not sure about the phrase "available only to the individual to whom this online offer was presented" since I saw this offer on the yahoo homepage (wasn't signed in to yahoo). Need to open with $50 and do $500 in DD and 10 Visa checkcard transactions within 60 days of account opening.

Lifegreen checking has a $10 monthly fee which can be avoided with with either $500 DD of payroll/government deposit or $1500 average monthly balance: http://www.regions.com/personal_banking/checking.rf

http://www.regions.com/promotion/lifegreen_checking_incentive125...

*$125 incentive offer is non-transferable, may not be combined with any other offer, and available only to the individual to whom this online offer was presented, who cannot already have a Regions checking account. Limit one incentive per household. To receive this incentive, by September 30, 2012 you must open a new Regions checking account and have payroll or government direct deposits of at least $500 and at least 10 Visa® CheckCard transactions in the first 60 days. After all requirements have been met, incentive will be issued within 90 days of this date and will be in the form of a credit to the new checking account, which must be open at the time the credit is issued. All deposit accounts are subject to the Regions Deposit Account Agreement. A $50 minimum opening deposit is required to open a LifeGreen Checking account. A monthly fee may apply to your checking account, depending on account type, but may be waived if certain criteria are met. For accounts opened in Iowa, this fee is subject to Iowa State Sales Tax of 6%, which will be assessed at the time the fee is charged, unless exempt.

Update: Once again they have removed any mention of an opening deadline so looks like it is back open for the indefinite future.

limited to 16 states.

thank the OP for pointing that out.

Going through the application process, I hit "Regions only opens accounts for residents in our 16 state footprint".

Thanks anyways.

Our footprint: Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas and Virginia.

Begs the question; hard pull?

I've never done a deal like this. I'm wondering how hard it would be if the deal was nationwide and I wanted to close an account after I fulfilled the requirements and received the bonus? Could I close an account online? Would I have to call them? I don't think they would need you to go one of their branches.

If anyone would share their experience, I'd appreciate it. Thanks!

The screen seems to indicate that the the initial funding can be from a credit card. Yummy.

Anyone know the maximum? I have some minimum credit card spend to satisfy.

Also, the obvious question of whether any reports of a cash advance fee.

Thanks.

fattywallace said:   Begs the question; hard pull?

Good question, just spoke with a CSR that says there is no credit pull, just Chexsystems. Also says that credit card funding is processed as purchases but can't guarantee how card issuer will categorize transaction.

Also just spoke with CSR and was told that $500 DD can be any ACH deposit.

So to avoid the $10 monthly fee, just ACH $1,500 and do Check Card transaction 10 times.

I just opened the account. I guess I can go to the branch if I want to close the account after since they have quite a few branches near me.
I did not fund the account with a credit card because I was afraid that I'd have to pay interest if the card issuer considered it a cash advance transaction.

Seems like a cool $100 for me (after tax). Thanks OP!

jcd123 said:   Also just spoke with CSR and was told that $500 DD can be any ACH deposit.

So to avoid the $10 monthly fee, just ACH $1,500 and do Check Card transaction 10 times.
The Terms specifically state, have payroll or government direct deposits of at least $500

OP Have you received the bonus based on non payroll or govt deposit?

Donedealzz said:   jcd123 said:   Also just spoke with CSR and was told that $500 DD can be any ACH deposit.

So to avoid the $10 monthly fee, just ACH $1,500 and do Check Card transaction 10 times.
The Terms specifically state, have payroll or government direct deposits of at least $500


OP Have you received the bonus based on non payroll or govt deposit?

Not yet, I am doing what jcd123 suggested - the $1500 non payroll ACH for the bonus (and to avoid monthly fee) and 10 check card transactions. If a few weeks go by with no bonus I'll do a payroll DD just to be safe. From what I've been told (and the CSR could be wrong) any $500 ACH should trigger the bonus while the $500 payroll/government DD would be to avoid the monthly fee. We'll see.

TheGMan said:   
Any mention of the maximum allowed to fund through credit?

Good question, I didn't ask but will call tomorrow and see what they say.

dippy943 said:   $1,000 max via CC.

Thanks, that's what I saw too after being told that there is no limit to inital cc funding by CSR (just serves as a reminder that you can't rely on anything you're told over the phone).

Why are these deals always in the shittiest states. Bring some free cash out west.

hatoraide said:   Why are these deals always in the shittiest states. Bring some free cash out west.

Quit hating "Hatoraide"

I'm trying to set up a direct deposit to satisfy the direct deposit requirements for the bonus but can't get the account # from CSR on the phone, I don't want to spend any money to order checks, and I don't see the account # online or with any docs I've received so far. Has anyone gotten their account number anyway other than going into a branch?

Perfect, just what I needed.

dippy943 said:   $1,000 max via CC.Don't forget about the free savings account.

greenshandyman said:   If I deposit $1500 to avoid the monthly fee, then do $500 monthly ACH transactions (not DD) I should be good right??? I hate to go through all this for a few months then end up not being qualified..... been there, done that!

Seems like that would be overkill but yes.

Direct Deposit (at least one payroll or government direct deposit per statement cycle of at least $500 or a combined amount of $1000)ORa $1500 average monthly statement balance in LifeGreen CheckingText

In 4 1. Thanks OP. Lets see if I will get the bonus.

CanisMajor said:   GreedyEbayerApprentice said:   finally, got my bonus today $150. I met reqs on 10/31 but bonus was not posted. Emailed CS on Jan 31st and received bonus today.

Thanks, you are the first person to report receiving the $150 bonus version. Out of curiosity, did you use employer DD or ach transfer to meet the DD requirements?
employer DD