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Regions

Regions Business Checking (LifeGreen Simple / LifeGreen / Advantage)

Southern branch banking with card-spend fee waivers at every tier

7.0
Our Rating
APY
None
Monthly Fee
$7 (LifeGreen Simple), $12 (LifeGreen), or $25 (Advantage), waivable
Minimum to Open
$100
ATM Access
Free at ~2,000 Regions ATMs; out-of-network fees apply

Insurance: FDIC insured up to $250,000 (Regions Bank)

Plan Options

LifeGreen Business Simple Checking

$7, waived with $500 in Regions business debit or credit card purchases per cycle

  • 75 free transaction items per cycle
  • $2,500 free cash deposits per month
  • Built for very small or brand-new businesses

LifeGreen Business Checking

$12, waived with $500 average monthly balance or $1,000 in combined Regions business card purchases

  • 150 free transaction items per cycle, then $0.50 each
  • $5,000 free cash deposits per month
  • No-minimum-balance waiver path via card spend

Advantage Business Checking

$25, waived with $10,000 average monthly balance, $30,000 combined non-personal balances, $2,500 in card purchases, or one Regions Quick Deposit per cycle

  • 500 free transaction items per cycle, then $0.50 each
  • $20,000 free cash deposits per calendar month, then $0.25 per $100
  • Includes Regions iTreasury Small Business cash management access

Features

  • Card-spend waiver paths at every tier, no parked balances required
  • Advantage's single-Quick-Deposit waiver is nearly automatic for active businesses
  • Free transaction items of 75 / 150 / 500 by tier
  • Cash allowances scale from $2,500 to $20,000 per month
  • 1,250+ branches across the South and Midwest
  • iTreasury cash management on the Advantage tier

Pros

  • +Waivers achievable through normal card activity at all tiers
  • +Advantage's Quick Deposit waiver is the easiest top-tier waiver in the industry
  • +Sensible low-cost tier for micro-businesses
  • +Deep branch coverage across the Southeast

Cons

  • No interest-bearing option in the standard small-business lineup
  • Low free-item counts on the bottom two tiers
  • Regional footprint only
  • Per-item and cash overage fees stack quickly if mis-tiered

Our Take

Regions designs its waivers around behavior instead of balances, which suits real small businesses: swipe the debit card or scan one Quick Deposit and the fee disappears. Advantage is the standout, with 500 items and $20,000 of cash handling for a fee most active businesses will never actually pay. If you are in the South and cash-oriented, Regions belongs on the shortlist.

Best for: Southern businesses that prefer activity-based waivers over balance minimums

Open at Regions

Last verified 2026-06-11

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