July 25, 2017

Regions Bank Offers New Savings Secured Credit Card - Regions Explore Visa® Credit Card

Gives borrowers an opportunity to access credit and build positive credit history

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Bank now offers a credit card designed for customers who want to build or re-build credit, while also having access to and the benefits and flexibility of a traditional credit card. The Regions Explore Visa® Credit Card, which is secured by a Regions savings account, provides qualifying consumers competitive rates, Visa benefits and the convenience of a credit card.

The new Explore Card features include:

  • Secured by funds in a Regions Explore Card Savings Account
  • Credit limit equal to the balance in the Explore Card Savings Account
  • $29 Annual Fee
  • No foreign transaction fees
  • Chip-Enabled Technology, the new global standard for increased security
  • Visa's Zero Liability Policy, which limits cardholders' liability for unauthorized transactions

Pricing information for the Explore Card is available at:
https://www.regions.com/virtualdocuments/Explore_Card_Pricing_Agreement.pdf

"There are all types of needs, when it comes to borrowing money, building credit and managing your finances," said Rajive Chadha, head of Regions Retail Products and Payments. "The new Explore Card helps Regions expand our product offerings, and it provides an option for consumers who might not qualify for a traditional credit card."

The Explore Card, and Explore Savings, join products such as Regions Now Card (a reloadable debit card), Now Savings, Check Cashing and more, continuing Regions' expansion of banking products that provide financial tools for customers who may not have used traditional banking products in the past or are building credit or savings. The card is also available to non-resident aliens (NRAs).

The Explore Card is subject to terms and conditions and application review. For more information, visit any Regions branch or https://www.regions.com/personal-banking/credit-cards/explore-card.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $125 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,500 banking offices and 1,900 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.

Regions Financial Corporation
Mel Campbell, 205-264-4551
mel.campbell@regions.com
Regions News Online: regions.doingmoretoday.com
Regions News on Twitter: @RegionsNews

Source: Regions Financial Corporation

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