Regions Bank LifeGreen® Checking Account For Students
For those aged 25 or less looking for a checking account with:
- no monthly maintenance fees,
- digital banking tools and resources,
- free optional savings account.
securely on the bank's website
The Regions Bank LifeGreen Checking Account for Students can be a solid banking solution for students looking to start their financial journey, and learn how to manage their money responsibly, while enjoying convenient benefits, such as free online and mobile banking tools and features, access to a decent ATM network, and unlimited check writing.
With a great mobile banking app by Regions, you'll be able to access your account, and view recent transactions, set up alerts, and locate the nearest branch or ATM. Since you'll be able to manage your budget whenever you want, without having to visit a Regions Bank branch or talk to anyone in person, you'll enjoy the flexibility of always being in control of your money. That said, if you ever need additional assistance, Regions Bank's award-winning customer support is available across different platforms:
- by phone at 1-800-734-4667 (Regions Contact Support Center) or 1-800-472-2265 (Online Banking Support),
- on social media: Regions Bank Facebook, Regions Bank Twitter,
- Regions email.
You can always visit a local Regions Bank branch, too.
While, unlike many student checking account offers that also let you earn interest, this isn't an interest-bearing student checking account, it does come with cashback rewards. You'll earn cashback each time you use your Visa CheckCard to pay for eligible purchases, assuming you meet the conditions specified in each offer's fine print.
Your Visa CheckCard works like a regular card, but we don't recommend using it abroad because you'll be charged foreign transaction fees. If you access a foreign ATM, you'll incur a $5 per each transaction - even more than what you'd be charged for using an out-of-network ATM within the United States. Luckily, you can use your Visa almost everywhere, so you don't really need to have cash in your wallet.
To sum up, the Regions LifeGreen Checking for Student is a decent student checking account offer, featuring all you need for basic banking. On the other hand, if you're looking to earn interest on your checking account balance or for more perks, such as out-of-network ATM fee reimbursements, you might want to consider other offers. For example, the Axos Bank First Time Checking Account comes with a 0.25% APY, no overdraft fees, and up to $12 domestic ATM fees reimbursed per month. As always, it's recommended to shop around before deciding which bank to do business with, so do check out our other student checking accounts!
Checking account details
- Regions Visa CheckCard with the Regions Cashback Rewards® program.
- Free Online and Mobile Banking with Bill Pay, multiple payment options, such as Click to Pay with Visa, and Regions LockIt®.
- Free access to more than 1,900 ATMs.
- Unlimited check writing.
- 30% discount on one Safe Deposit Box with an additional 10% discount for auto debit.
- Relationship rates on most CDs for customers who meet the Relationship requirements.
- Discount on qualifying installment loans with payments auto debited from a Regions account.
- Insights by Regions.
- Service Member Benefits.
- Optional Regions LifeGreen Savings Account.
- Optional Overdraft Protection.
- Award-winning customer service.
Checking account fees
-
Monthly Fee$0
-
APY0.00%
-
Minimum Deposit to Open$50
-
Out-of-Network ATM Transaction Fee$3
-
Out-of-Network ATM Withdrawal Fee$3
-
Overdraft Fee$36
-
Non-Sufficient Funds Fee$36
-
Foreign Transaction Fee3%
Regions Bank LifeGreen® Checking Account For Students FAQ
You can open a Regions LifeGreen Checking if you're a U.S. resident aged 25 or less.
Your Personal CheckCard Visa works just like any other debit card. It is tied to your Regions LifeGreen Student Checking, and secured by the funds available in your account balance. Your Personal CheckCard Visa can be used for both debit and credit payments, anywhere Visa is accepted.
To start using your Regions Visa, you need to activate it first, by:
- calling 1-800-295-8472 and following the prompts,
or
- logging in to Online Banking,
or
- visiting an ATM.
Remember that, every time you use your Personal CheckCard Visa for eligible purchases, you'll earn cash back rewards!
You'll be able to view cashback offers straight from your Regions Online Banking or on the Regions Mobile Banking app. You can choose and activate the ones you like, and then use your Visa CheckCard to pay for eligible purchases. Offers have different terms and conditions, so make sure to read them first.
Once you've completed an eligible purchase, your rewards will appear in your checking account balance. This might take up to 90 days following the redemption, though.
No, no prior enrollment required for Visa CheckCard owners. This means you'll be able to start earning cash back as soon as you open a Regions LifeGreen Checking Account for Students, and receive your Visa CheckCard!
If you don't want to participate in the Regions Cashback Rewards program, you can always opt out. If you change your mind later, you can re-enroll by clicking "Enroll in Regions Cashback Rewards" to the right of your transaction register in Online Banking or by calling Regions at 1-800-4PC-Bank (472-2265).
Yes, there are limits on your Regions Visa CheckCard:
- Your daily purchase limit is $5,000.
- Your daily ATM withdrawal limit is $808.
Just like with any other mobile banking app, the Regions Bank Mobile Banking app allows you to access and manage your account on the go, whenever you want. You can view your account and routing numbers, transfer funds between Regions accounts, make mobile check deposits, use Zelle to transfer money to friends and family, pay bills with Regions Bill Pay, set up notifications, view and activate Cashback Rewards, manage your Visa CheckCard, find the nearest Regions branch, ATM or VTM, and schedule an appointment with a Regions banker.
Yes, you can use Insights by Regions to learn how to:
- create a financial plan
- budget and save
- manage credit and debit,
- find an insurance plan,
- invest and manage taxes, and more!
There are also special sections for young professionals and students, where you can find much more relevant content, created specially for young or first-time bankers looking to begin their financial journey, and learn all things money management!
Regions Bank will charge you a fee for each paper statement delivered, as follows:
- $3 per month for paper statement without check images,
- $4 per month for printed check images with paper statement,
- $5 per month for deluxe check images with paper statement.
However, if you enroll in Online Banking, and turn on Online Statements, you won't be charged any fees!
A Regions LifeGreen Savings Account might be a good solution for you if you want to save money for your future, and benefit from the convenience of keeping both your checking and savings accounts at one financial institution.
As a Regions Bank LifeGreen for Students Checking customer, you can open a Regions LifeGreen® Savings Account, and pay no monthly fees (otherwise, the fee is set to $18). The Regions LifeGreen Savings has no minimum monthly balance requirements, but you'll need to make a minimum opening deposit of $50. This savings account comes with the usual Regions Bank benefits, as well as a 1% annual savings bonus up to $100 if you set up monthly automated savings transfers from your Regions checking account, and an average 0.01% APY.
Yes, Regions Banks offers Student loans from Sallie Mae®, to both undergraduate and graduate students.
You can borrow up to 100% of school-certified expenses, and then pay it off flexibly. There are several ways to repay your loan:
- Deferred Repayment Option — Defer payments until after school, or pay as much as you want while in school.
- Fixed Repayment Option — Pay a fixed amount every month while in school, and for six months after graduation.
- Interest Repayment Option — Make monthly interest payments while in school and for six months after graduation.
You will receive a 0.25 percentage point interest rate reduction when you enroll, and make monthly auto-debit payments.
You can learn more about Regions Bank Sallie Mae Student Loans here and here.
7 Best Checking Accounts for 2023
Featured Checking Accounts
Bank | Monthly Service Charge | Minimum Deposit to Open | APY |
---|---|---|---|
Regions Bank LifeGreen eAccess Checking Account® | $8 (can be waived) | $50 | 0.00% |
Regions Bank LifeGreen® Checking Account | $8/$11 (can be waived) | $50 | 0.00% |
Regions Bank LifeGreen Simple Checking℠ Account | $5 / $8 | $50 | 0.00% |
Bank | Monthly Service Charge | Minimum Deposit to Open | APY |
---|---|---|---|
Comerica Bank Rich Rewards® Checking Account | $18 (can be waived / reduced) | $50 | 0.01% |
Comerica Bank Premier Checking Account | $22 | $50 | 0.01% |
Comerica Bank Comerica Platinum Circle Checking® | $0 | $50 | 0.10% / 0.25% |