Regions Preferred Line of Credit

A Regions Preferred Line of Credit allows you to borrow as much or as little as you need up to your credit limit. It requires no collateral and can be used for home improvement projects, car repairs and unexpected expenses. Apply at a branch or by phone. Existing customers may apply online.

View All Personal Lines of Credit

The Basics

  • no collateral required

    No Collateral Required

  • fixed interest rate

    Variable Interest Rates

  • car buying

    Finance Large Projects

Regions Preferred Line of Credit

For You If…
You need a line of credit that requires no collateral, prefer a variable interest rate and have a large home improvement or purchase to make. Learn more
Minimum Line Amount
Maximum Line Amount
Collateral Requirements
Access to Funds
Online, Phone, Branch or Access Checks
Repayment Frequency & Amount
A monthly repayment of principal and interest. 3% of your outstanding balance or $50, whichever is greater.
Rate Discounts Available
Rate discounts are available for line amounts $5,000 or greater, if you elect to have your monthly payments automatically debited from your Regions checking account through our Automatic Payment Option. The amount of the discount varies based on your type of relationship with Regions, ranging from 0.25% up to 0.50%.
Automatic Payment Option
Allows you peace of mind that your payments will be automatically debited from your checking account each month. If your checking account is a Regions checking account, you may qualify for a rate discount.
Annual Fee: $50

Over Limit Fee of: $29

Late Fee of: $35
Annual Percentage Rate (APR)
Variable APR based on The Wall Street Journal prime rate, plus a margin. The margin is based on the amount of the approved line amount. See recent rates.
Loan Closing Options
Branch Only
  • Variable APR
  • No collateral required
  • Borrow as much as you need up to your credit limit
  • Use as overdraft protection on your Regions checking accounts

Ways to Apply for a Preferred Line of Credit

  • online Online Application1

    Existing customers only.

    Apply Now
  • a Regions branch Visit a Branch

    Apply at a branch near you today.

    Find a Regions Branch
  • on the phone Apply by Phone

    1-888-462-7627 Mon - Fri 6 a.m. to 7 p.m., Sat 8 a.m. to 2 p.m.

Why Regions?


Whether you need a small or large line of credit, Regions has the options you're looking for.


Borrowing doesn't have to be an overwhelming experience. We have a host of helpful articles, loan calculators and other tools to make the process easier.


Manage your account online, and bank when you want with Mobile Banking, Online Banking with Bill Pay, and access to over 1,900 ATMs across Regions' 15-state service area. Help Me Decide

Personal Service

Our knowledgeable, experienced professionals will help you find just the right credit line for you, then you'll enjoy award-winning customer service through a branch, online, over the phone, on Facebook or Twitter, or even at an ATM.

Community Service

We believe in giving back to our communities by supporting local organizations and donating our time and talents. We even give associates a paid day off each year to volunteer with a cause of their choice.