Reviews

Regions Explore Visa® Credit Card full review: should you get it?

Regions Bank has a tool designed exclusively for building credit. Learn more about the Regions Explore Visa® Credit Card in our review!

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Regions Explore Visa® Credit Card: build or rebuild your credit

Regions Explore Visa® Credit Card
Learn all about the Regions Explore Visa® Credit Card. Source: Regions Bank

In fact, the Regions Explore Visa® Credit Card can be the help you need to restore your credit to normal values.

Regions Bank logo

Regions Explore Visa® Credit Card: check out how to apply!

Build your credit with access to exclusive benefits that only Visa cards have. Learn how to count on this credit card here:

To see how this card can help you, check out this full review below:

Credit ScoreAny score;
Annual Fee$29;
Regular APR25.99% (variable for purchases and balance transfers);
Welcome bonusNone;
RewardsNone.

Regions Explore Visa® Credit Card: learn more about this financial product

Indeed, the Regions Explore Visa® Credit Card was primarily created for a very specific customer profile. So, those who are struggling to improve their credit will benefit the most from this credit product.

To help them along this path, this card reports their payments to the main credit bureaus in the country. In addition, you have at your disposal a savings account to store your money safely and profitably.

The Regions Bank, the issuer of this card, is a member of the FDIC. So, your money will be completely safe.

You will migrate from a secured to a non-secured account if this happens. To do so, the bank will assess its responsibility with the use of credit.

Thus, timely payments of your card balance may qualify you for this feature. With Regions LockIt®, you can preselect how your card can be used. In fact, it’s a simple way not to lose control of your finances.

Finally, this is a Visa card. Accepted almost anywhere in the world.

Regions Explore Visa® Credit Card features

person holding credit card in front of notebook/laptop
Learn more about the card’s pros and cons. Source: Pixabay

Indeed, this is a thinking card for those with a simple mission: to build credit. If that’s your mission at the moment, it’s worth checking the advantages and disadvantages before requesting it.

Only then will you be sure you are recruiting the right help. So, check out the list below:

What are the benefits?

  • Credit reporting to the three main credit bureaus in the country;
  • 0% fee for foreign transactions;
  • Free yourself from incurring expenses in the event of a collision using a rental vehicle and from liability waivers in the event of fraud.

And what are the drawbacks?

  • Relatively high minimum deposit: $250;
  • Relatively high APR;
  • No welcome bonus or reward program;
  • Not all customers will be able to get their initial deposit back.

What credit score do you need to get the card?

In effect, as this is a credit-building credit card, your credit score is not really important in the application.

So, it doesn’t matter if you have a bad credit score. You still have a good chance of qualifying for this card.

How does the application process work?

You can apply for this credit card online and hassle-free. So, check out our post below to learn how to apply for the Regions Explore Visa® Credit Card!

Regions Bank logo

Regions Explore Visa® Credit Card: check out how to apply!

Build your credit with access to exclusive benefits that only Visa cards have. Learn how to count on this credit card here:

About the author  /  José Gonçalo

I started reading about finance only to find better options than savings. Since then, I have never stopped studying finance, and I believe that writing about it is the best way to help individuals feel fulfilled and have a healthy financial life. Today, I balance finance and medical school studies.

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