Regions Bank checking accounts charge monthly fees between $5 and $8 depending on the account. LifeGreen Checking, the primary consumer account, uses minimum daily balance to measure fee waivers, meaning the balance must stay at or above $1,500 on every day of the statement period. A direct deposit waiver of $500 or more per month is also available and is the more practical option for most employed customers.
Regions Bank Account Minimums at a Glance
| Account | Monthly Fee | Minimum to Waive | Balance Method | Other Waivers |
|---|---|---|---|---|
| Student Checking | $0 | No fee | N/A | Ages 16–25 automatic |
| Now Checking | $5 | Cannot be waived | N/A | Basic account |
| LifeGreen Checking | $8 | $1,500 | Minimum daily | $500+ direct deposit |
| LifeGreen Savings | $5 | $300 | Average monthly | Linked Regions checking account |
How Regions Calculates Your Balance
Regions LifeGreen Checking uses minimum daily balance. Your closing balance is checked at the end of each day, and the balance must stay at or above $1,500 on every single day of the statement period. One day below the threshold, even due to a large payment that clears and recovers quickly, results in the full $8 fee for that month.
Regions LifeGreen Savings uses average monthly balance, which is more forgiving. Daily closing balances are totaled and averaged over the statement period, so a temporary dip below $300 on a few days does not necessarily trigger the fee if the average remains at or above the threshold.
Regions Now Checking
Now Checking charges a $5 monthly fee that cannot be waived through balance or activity. It is a basic account for customers who need a simple checking option without the ability to meet waiver conditions. The account does not charge overdraft fees, as transactions that would exceed the available balance are declined.
Regions LifeGreen Checking
LifeGreen Checking charges $8 per month. The fee is waived when either condition is met during the statement period. Maintaining a minimum daily balance of $1,500 waives the fee, but because Regions uses minimum daily balance rather than average daily balance, a single day below the threshold triggers the charge. Alternatively, receiving $500 or more in qualifying direct deposits per month also waives the fee. Qualifying direct deposits include payroll, Social Security, pension, and government benefit payments. Peer-to-peer transfers do not count.
Regions Savings Account Minimums
LifeGreen Savings charges a $5 monthly fee, waived by maintaining a $300 average monthly balance or by linking the savings account to a Regions checking account. The average monthly balance method means a temporary dip below $300 mid-month can be offset by higher balances on other days, unlike the minimum daily balance used for the checking account.
For current Regions savings rates, see the Regions savings account guide.
How to Avoid Regions Bank Monthly Fees
For LifeGreen Checking, a qualifying direct deposit of $500 or more per month is the most reliable waiver for employed customers. Setting up payroll direct deposit satisfies the condition automatically each month without any balance management.
Customers who rely on the $1,500 balance waiver should be aware that Regions uses minimum daily balance, making it easy to incur the fee unintentionally when large payments like rent or insurance premiums clear. Keeping a buffer of $1,700 to $2,000 provides clearance for most common timing gaps.
For a full breakdown of Regions Bank charges, see the Regions fees guide.
For a complete overview of Regions Bank accounts, limits, and contact information, see the Regions Bank complete guide.
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