Regent Bank $200 Referral Bonus: How to Score $300 for You and a Friend

If you live in Texas, Missouri, or Oklahoma, Regent Bank has a referral offer that could put some extra cash in your pocket. The bank is giving $200 to new customers who open a checking account and meet a few simple requirements. And if you refer someone, you'll get $100 for each friend who signs up. That's a potential $300 total between you and your buddy. Let's break down how this works and what you need to watch out for.

How the Referral Bonus Works

This isn't your typical bank bonus where you just sign up and get cash. Regent Bank has set up a referral program that rewards both the person who refers and the person who opens a new account.

If you're the one being referred, you'll need to register using the link from a friend or family member, open a new personal checking account, and then complete two direct deposits of at least $500 each within 60 days. You also have to keep the account open for those 60 days. After that, you'll get a $200 Mastercard Reward Card in the mail within 4-6 weeks.

For the referrer, it's even simpler. You just share your referral link with people you know. For each person who successfully meets the requirements, you'll get a $100 Mastercard Reward Card. There's no limit on how many referrals you can earn in a year, so if you have a big network, this could add up quickly.

• Referrer earns $100 per successful referral (unlimited per year)
• Referred person earns $200 after meeting requirements
• Both must register through the referral link or email

What You Need to Know About Direct Deposits

The key requirement here is the two direct deposits of $500 each. That doesn't mean you need a payroll deposit from an employer. Many banks count things like Social Security benefits, pension payments, or even transfers from another bank if they're coded as direct deposits. But it's always smart to check with Regent Bank to make sure your specific deposit type qualifies.

Also, keep in mind that the deposits need to be at least $500 each. So if you're planning to use a single $1,000 deposit, that might not work unless it's split into two separate transactions. Plan ahead to avoid any hiccups.

• Two deposits of $500 minimum each
• Must be completed within 60 days of account opening
• Check with bank if unsure about deposit type

Fees and Fine Print to Watch For

The good news is that Regent Bank's simple checking account has no monthly maintenance fees. That's a big plus because you won't lose your bonus to monthly charges. However, the bank hasn't publicly listed a fee schedule, so it's unclear if there's an early account termination fee if you close the account before the 60-day period is up.

To be safe, I'd recommend keeping the account open for at least 90 days after you receive the bonus. That way you're well past the requirement and any potential clawback period. Also, remember that the reward cards are considered taxable income by the IRS, so you'll need to report the value on your taxes.

One more thing: Regent Bank employees can't participate, so if you work there, this one's not for you. And the offer started on July 6, 2026, but there's no set expiration date, so it could end at any time. Don't wait too long if you're interested.

• No monthly fees on the simple checking account
• Early termination fee unknown – keep account open at least 60 days
• Reward cards are taxable income
• Offer may end without notice

Is This Offer Worth Your Time?

Absolutely, especially if you have friends or family in Texas, Missouri, or Oklahoma who could use a new checking account. The requirements are straightforward: two direct deposits and a 60-day account opening. No monthly fees to worry about, and a soft pull on your credit means it won't affect your credit score.

The only downside is the lack of clarity on early termination fees, but if you plan to keep the account open for a few months, that shouldn't be an issue. Plus, the referral aspect means you can earn more than just the $200 if you're willing to share the offer with a few people.

Just remember to use the official referral link and don't share referrals in public comment sections – that's against the bank's rules. Instead, send the link directly to friends or family via email or social media.

• Low effort for $200 (or $300 if you refer someone)
• Soft pull – no credit impact
• No monthly fees – easy to maintain

Bottom Line

• Referred person gets $200, referrer gets $100 per successful referral
• Requires two direct deposits of $500+ each and 60-day account opening
• No monthly fees, but early termination fee is unknown
• Soft pull on credit, ChexSystems checked
• Offer available in TX, MO, OK only

Common Questions