Regions Bank CD Rates

Regions Bank is one of the leading banks in the US and it offers many kinds of products and services to its customers. They have many automated savings and automated transactions that make banking easy and useful to many of its customers. Regions bank rates are quite competitive today’s market conditions and today, we will review Regions Bank CD rates and features offered by this bank.

Regions bank CD rates for a period of 2 to 11 months is 0.05% APY. For a period of 12 to 17 months regions certificate of deposit are 0.15% APY 0.15% while the regions CD rates for a period of 18 to 23 months is 0.35% APY. The rates for a period of 24 to 29 months is 0.50% APY 0.50% and the rates for a term of 30 to 35 months is 0.50% APY. The Regions certificate of deposit rates for 36 to 47 months is 0.60% APY and the rates for a term of 48 to 59 months is 0.99% APY. For a term of 60 to 72 months, also known as the Regions bank jumbo cd rates, the interest rate is 1.25% APY.

The minimum opening deposit amount is $2500. The CD terms are flexible and range from 7 to 89 days. For standard CDs whose term extends for more than 90 days, a minimum of $500 is required. For CD that have a term of more than 12 months, interest is paid annually,at least once in a year after completion of the 1^st year. These accounts attract substantial penalty for early withdrawal. So, its a good idea to plan well to avoid paying a hefty penalty if you want the money before the end of its term.