It’s time to look at Regions Bank money market rates again, as we here at Bank Rate Reviews work to keep you up-to-date on the latest information.
Regions Bank money market rates are offered for a multitude of investment options. Basic money accounts start with a minimum investment of $100 and a monthly fee of $10. Monthly fees are applicable on this account until investors are able to raise their investment to $2,500 or more. Regions interest rates vary by location and geographic region of the United States.
Regions money market interest rates for an investment of less than $2,500 are estimated at 0.05%. These rates are as of December 31, 2009 and are subject to change depending on market conditions. Investments that are greater than $2,500 will yield an interest rate of 0.10% and have the same APY. These rates are compounded daily and paid monthly on collected balances.
Regions money market rates for investments greater than $10,000 and less than $25,000 will return an APY and interest rate of 0.15%.
Investments greater than $25,000 and less than $49,999 will return an APY and interest rate of 0.20%. Investments greater than $50,000 offer the highest interest rates of 0.25%.
Regions Bank also offers Platinum Relationship accounts under its money market investment option. Customers need a checking account with Regions Bank and a minimum balance of $15,000. Higher interest rates start from an investment of $20,000 and higher. An investment of $20,000 to $29,999 will yield an interest rate of 1.49% and APY of 1.50%. Interest rates remain the same for lager investments as well. Standard banking practices are applied on money market accounts.
Tags: Regions Bank money market rates, Regions interest rates, Regions money market interest rates, Regions money market rates
It has been a while since Bank Rate Reviews has made any updates on Regions Bank Savings Account Rates, as noted, there are three main savings accounts in Regions Bank: the Regions LifeGreen Savings, the Regions Savings and Savings for Minors.
The Regions LifeGreen Savings account requires a $5 deposit with an automatic recurring monthly savings transfer from a Regions Checking Account, if not then all Regions LifeGreen Savings account that are opened will cost $50. The account rates for the Regions LifeGreen Savings account in terms of Interest Rates and Annual Percentage Yield is the: balances that are less than $2,499 have a rate of 0.05%, those that are between the band of $2,500-$49,999 have a rate of 0.10% and balances of $50,000 or more have a rate of 0.50%.
The balance required to open up a Regions Savings account is $50 thus subjecting you to the benefit of compounded daily interest which is paid monthly on a collected balance basis. The account rate for the Regions Savings account is the same for both Interest Rates and APY’s: balances that are below $49,999 are at the rate of 0.05% whilst all balances above $50,000 have a rate of 0.40%.
The requirement to open a Savings for Minors account is only at $5 with the promise of daily compounded interest which is paid monthly on collected balances. The account rate for the Savings for Minors account is recorded with all balances having an interest rate and an Annual Percentage Yield of 0.05% flat rate.
Tags: Regions Bank high interest savings, Regions Bank high yield savings, Regions Bank Interest Rates, Regions Bank savings account rates
It’s time that we here at Bank Rate Reviews brought you the latest in Regions Bank CD rates again. In today’s ever-changing market, it’s important to keep up with the changes.
There are currently four special Regions CD rates available. These require a $10,000 minimum deposit to open and maintain. The 7 month special returns 1.01% annual percentage yield (APY), 12 months gives 2.00% APY, 23 months gives 2.50% APY, and 42 months gives 3.25% APY. Those are very competitive nationally.
Standard term Regions Bank certificate of deposit rates are also available, of course, and are also nationally competitive. These range from 2 months to 72 months. These Regions Bank rates require a $500 minimum deposit.
At 2 months, they return 0.25% APY, 3-5 months gives 0.40% APY, 6 months 0.90% APY, 8-11 months is the same, 13-22 months is 1.26% APY, 24-35 months gives 1.50% APY, 46-41 months gives 1.76% APY, as does 43-59 months, and 60-72 months gives 2.00% APY.
Not as good as the specials, for sure, but still good Regions Bank CD rates worth considering. For the shorter terms, there is no change with Regions Bank Jumbo CD rates. A Jumbo is anything over $100,000 in deposit. Longer terms have better rates, usually by 0.2-1%, depending on the term. The special terms (above) have no difference in their Regions Bank Jumbo CD rates versus standard returns.
Regions Bank is, of course, FDIC insured to the fullest extent of the law. If any of these Regions Bank CD rates appeal to you, lock your Regions Bank rates in today. Regions CD rates change often and without notice, so be sure to grab the one you want now before Regions certificate of deposit rates alter.
Tags: Regions Bank CD Rates, Regions Bank Jumbo CD rates, Regions Bank rates, Regions CD rates, Regions certificate of deposit rates
It’s time once again to check on the Regions Bank money market interest rates, and see how they’ve changed. The last time we looked at them here at Bank Rate Reviews, they had several options to choose from and rates were tiered according to balance total.
This hasn’t changed, though the annual percentage yield (APY) goes up to 0.25% now ($50,000+ deposit). The lowest is at 0.05% APY for deposits under $2,500. They go up in 0.05% increments at $2,500, $10,000, and $25,000 intervals.
Regions Bank rates change often, of course, on a variable rate account like a Regions money market rates account. Minimum balances of at least $2,500 must be kept to avoid fees on your Regions interest rates.
A Platinum Relationship Regions money market interest rates account is available. This one is tiered as before, but has typically higher rates (roughly 1% APY) and a minimum balance requirement of $15,000.
While we were looking, we checked the high yield Regions Bank rates for savings and saw that they aren’t as good as Regions money market rates right now. They have much lower balance requirements ($50), however.
Regions interest rates on both high-yield savings and Regions money market rates are compounded daily. They’re definitely worth a look if you’re in the Regions Bank operating area. All Regions Bank account are FDIC insured.
Tags: Regions Bank account, Regions Bank rates, Regions interest rates, Regions money market interest rates, Regions money market rates
When we here at Bank Rate Reviews last looked at Regions Bank Online banking, it was a pretty good system and had some features that we liked. They’ve upgraded a few things, though, so we thought we should bring you the latest in Regions Bank On Line banking.
Those alerts that we loved so much last time have improved and now include some extra services for mobile users to make alerts faster and more convenient to immediately check on. Bill Pay is still useful and hasn’t changed, but the calendar used to set your auto-payments has been made easier to use.
Another improvement is to the speed of the site itself, especially in mobile banking. You can still download Regions Bank rates and get your Regions Bank Online banking information downloaded into Quicken and Money. You can also re-order checks and see check images for those that have cleared.
A nice Getting Started Guide will show you how to utilize the features of Regions On Line banking and a great interactive demo shows you hands-on how Regions Bank online banking works. Plus, if your information is stolen, you have Zero Liability through the Regions Bank guarantee.
Definitely worth a look, Regions Bank On Line banking has seen some good improvements.
Tags: Regions Bank On Line banking, Regions Online banking, Regions Bank Online banking, Regions Bank rates
