Regions Help & Support

FAQ

How is my Total Average Deposit Balance calculated?

Once your registration for the Program becomes effective, each calendar quarter we calculate the Total Average Deposit Balance that will determine the amount of any extra points that may be awarded for purchases on your Relationship Rewards Credit Card Account during that quarter.

To calculate your Total Average Deposit Balance for each quarter:

First we identify each Regions personal checking, savings, money market, time deposit and IRA account that 1) is held by an account owner on your Relationship Rewards Credit Card Account, and 2) was open on the 21st day of the last month in the previous calendar quarter (an “Eligible Deposit Account”). 

  • Next, for each Eligible Deposit Account we calculate the average balance for each month in the applicable Deposit Period shown below (the “Average Monthly Balance”). When calculating an Average Monthly Balance, we include only those days on which the Eligible Deposit Account was open during that month, and use the balance at the close of each such day.
  • Then, for each Eligible Deposit Account we calculate the average of the Average Monthly Balances for the applicable Deposit Period (the “Average Deposit Period Balance”).
  • Finally, we add together the Average Deposit Period Balances for all Eligible Deposit Accounts to get the Total Average Deposit Balance.
Quarter when qualifying purchases are made Deposit period used to calculate Total Average Deposit Balance applicable to the quarter when purchases were made Date on which each Eligible Deposit Account must be open to be included in the Total Average Deposit Balance
 Q1 (Jan, Feb, Mar)  Sept, Oct, Nov  Dec 21
 Q2 (Apr, May, June)  Dec, Jan, Feb  Mar 21
 Q3 (July, Aug, Sept)  Mar, Apr, May  June 21
 Q4 (Oct, Nov, Dec)  June, July, Aug  Sept 21