Long story short! I read these horrible reviews... Then i opened an account (yes stupid me! ) i thought to myself, no bank can honestly be that bad... Can they? Yes... Oh yes they can.... I'm not one to air "dirty laundry... " but i will tell you this... In two weeks... Two weeks mind you.... They... Yes they managed to mess up my savings and checking.... Charged me two nsf fees.. (which in fairness to them they did refund... ) saying "this is very unusual... Blah blah blah.... " but then... They proceeded to put a "hold" on my account... (which i didn't even know about until i called them) when they put a hold on an account the account holder is welcome to make deposits.. But cant do anything else.. Cant use a debit card.. Cant make a withdrawal... Literally... Nothing.... They say this is done to protect your account... Lol.... Really?.... Seriously? Not to mention.. Messing up two check orders back to back.... Like i said in the beginning.. This is my fault for not trusting the reviews i read..... Take it from me... Do yourself a favor... Believe these reviews... People including me aren't wasting time signing up to post reviews just for the fun of it.... Oh... I almost forgot!!!! Regions charges $25 per account (savings and checking) if you close your account within six months!
I am a customer of regions for years and a few days ago was contacted by mr. Peter [Redacted] ( champions gate branch - regions bank) offering me a credit card. I told him that i couldn't afford another credit card. He was checking probably my profile with the bank and at that time, and told me that he knew that i had a personal loan with regions with a fixed interest. He could get me a credit card with 0 % to transfer the balance of my personal loan to that new credit card with 0 % for 12 months.
He also explained to me that once open the credit card the balance in my personal loan would be transferred automatically to this new credit card. He did open the credit card but the balance was never transferred. I waited a few days and asked peter yelverton about it and he said that he was about to call me to let me know that the transferred is not possible because " both loans belongs to the same institution".
Of course he knew that from the beginning and he still sold me a credit card that i don't need. Later he advised me that i can go to any business that i know and pay with the credit card and asked the business to give me the cash to pay off my personal loan. I can not believe that a "financial adviser" told me that. I am completely unsatisfied with this person and with the bank. They sold me something that i don't need and lied to me to probably get his commissions.
They are liars, cheats and thieves. They hold your deposit (even a cash deposit) even though your online account shows that the deposit has been credited to your account, and it shows the amount of the deposit in your available funds, and then they put through all other transactions instantly, refusing to utilize your deposit (made in cash, showing under "available balance"), just so they can charge you $36/item overdraft fees.
Then these fees pretty much negate your deposit, eat it all up, so that any other transactions you perform, confident you have deposited enough to cover everything, are paid out but charged $36/item overdraft fees. In three days, regions charged me $324 in overdraft fees, putting me into a negative balance, even though i should have had a couple of hundred dollars left in the account.
I confronted the manager of my branch, accused her of "creative accounting" and "deceptive accounting prctices" and she just signed and rolled her eyes, like i was too stupid to understand. Yeah, like i would want to pay a $36 overdraft fee for a $4. 99 charge on amazon! These people have found a legal way to steal your money! Beware!!!