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1 The deposit is used to open a U.S. Bank savings account to ensure your card can be paid. 2  The savings account is FDIC-insured, earns interest and won't be touched as long as your account remains open and in good standing. 3  Purchases with the SKYPASS Visa Secured Card are billed to you each month as with any credit card.
To receive this bonus, just open your new account with the code, then make 10 purchases with a Regions Visa check card and set up direct deposit worth at least $500 into your account within 60 days. If you meet the requirements, Regions will deposit $300 credit into your account within 120 days.