| Balance Transfer Rating: | 2.6 / 5 |
| Introductory Offer: | 2.4 |
| Net Value: | 3.5 |
| Features: | 1.0 |
| Issuer Customer Experience | 3.3 |
In a Nutshell:
The introductory period for balance transfers on the Regions Prestige Visa Signature card is too short and the 4 percent fee for balance transfers is higher than average.
0% Introductory Period |  |
Transfer Fee | |
Introductory Purchase APR |  |
Regular APR |  |
Annual Fee | |
Regions Bank Customer Experience
|  |
Other Notable Features: Visa Signature benefits, concierge service, lost luggage reimbursement, fraud coverage, purchase security, overdraft protection
| Low Interest Rating: | 2.9 / 5 |
| Rates, Fees, Penalties: | 2.8 |
| Rewards: | 1.6 |
| Features: | 1.0 |
| Issuer Customer Experience | 3.3 |
In a Nutshell:
The Regions Prestige Visa Signature card offers a reasonable interest rate and a fairly long 12-month 0 percent introductory period on balance transfers and new purchases.
Regular APR | |
Introductory Purchase APR | |
Introductory Balance Transfer APR | |
Fees
| |
Penalties
| |
Regions Bank Customer Experience
| |
Other Notable Features: Visa Signature benefits, concierge service, lost luggage reimbursement, fraud coverage, purchase security, overdraft protection
| Rewards Rating: | 2.4 / 5 |
| Rewards Value: | 0.9 |
| Annual Percentage Rate: | 4.2 |
| Rewards Flexibility: | 3.3 |
| Features: | 2.0 |
| Issuer Customer Experience | 3.3 |
In a Nutshell:
There’s not much to recommend this low-earning rewards card besides a few small bonuses for signing up for Regions Bank services.
Rewards Rate | |
Sign-up Bonus |  |
Annual Bonus | |
Annual Fee | |
Average Yearly Rewards Value ($1,325 monthly spend) | |
APR | |
Rewards Redemption
Cons
| |
Regions Bank Customer Experience
| |
Other Notable Features: Visa Signature benefits, concierge service, lost luggage reimbursement, fraud coverage, purchase security, overdraft protection
 | Find card offers for you: This card is not currently available on CreditCards.com, but you can still find a great card offer for you! Our CardMatch tool can help match you with prequalified offers and cards that align with your credit history – with no harm to your credit score. Get personalized offers from our partners in seconds. |
As a rewards card, the Regions Prestige Visa Signature credit card takes the meaning of “no frills” to the next level. It comes with a meager sign-up bonus and a weak rewards program with a low rewards rate of one point on the dollar – a rate far surpassed by many if not the most rewards credit card programs out there. The much touted “Relationship Rewards Program” doesn’t offer any sizeable benefits for banking with Regions Bank.
Poor earning scheme
The Regions Prestige Visa Signature card comes with the most basic of rewards schemes: You get one point per dollar for all purchases. There are many no-fee travel cards on the market offering bonus categories that enable you to rack up extra rewards points, and even a few cards that come with a higher general rewards rate. If you are willing to dole out some money for an annual fee, you will find premium rewards cards that offer general rewards rates as high as 2 points per dollar.
Small sign-up bonus
The card includes a modest sign-up incentive for new customers: You can earn 10,000 bonus points if you spend $500 in the first 90 days. Even for a no-annual-fee card, this is a small sign-up offer. You can find several no-annual-fee cards, including the Capital One VentureOne Rewards Credit Card, with higher sign-up bonuses.
Low value on rewards redemption
Like most rewards programs, redeeming points for merchandise yields the worst possible value. Travel rewards are a mixed bag – some airfares offer a higher value than others, with a low average value of 1 cent per point. Getting cash back at 1 cent per point is the most straightforward reward you can get out of the program.
Regions relationship rewards
If you are a current Regions banking customer and don’t mind signing up for additional services with Regions Bank, you can get some extra points. For instance, you get 250 points for signing up for mobile banking and another 250 points for online banking. You’ll also get 500 points for opening a savings or money market account, as well as ongoing bonuses and points for various banking activities. Although the points are on the small side, the incremental rewards may be worth it, even with the $10 annual fee that regions charges for participating in the program.
Short 0-percent introductory offer
If you’re considering the Regions Prestige Visa Signature credit card for the introductory 0-percent APR, be careful: The introductory period lasts only seven months, which is far shorter than offers from many other competitors. The 4 percent balance transfer fee is also higher than the typical 3 percent.
Why get the Regions Prestige Visa Signature card?
- You prefer a card with no annual fee and are fine a low rewards rate.
- You prefer a card with Visa Signature benefits.
- You have a relationship with Regions Bank.
How to use the Regions Prestige Visa Signature card:
- If you are transferring your high-interest balances to the Regions Prestige Visa Signature credit card, make sure you can pay them off within the seven-month introductory period to avoid the regular interest rate. In addition, Regions charges a higher-than-usual, 4 percent balance transfer fee.
- Redeem for cash back and avoid other redemption options.
Our reviews and best card recommendations are based on an objective rating process and are not driven by advertising dollars. However, we do receive compensation when you click on links to products from our partners. Learn more about our advertising policy
All reviews are prepared by CreditCards.com staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including card rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the bank’s website for the most current information.
Responses to comments in the discussion section below are not provided, reviewed, approved, endorsed or commissioned by our financial partners. It is not our partner’s responsibility to ensure all posts or questions are answered.