Regions Bank savings account rates

Regions Bank is a leading bank in the Alabama State of the US and the surrounding areas. It has its headquarters in Huntington and serves customers in the southern part of the US. This bank offers many kinds of products to its customers and one of it is the Regions Bank high yield savings accounts.

There are three distinct kinds of savings accounts and they are Regions LifeGreen Savings account, Regions savings account and the savings for minors account. Each of these accounts come with distinct features. The Regions Bank LifeGreen savings account requires a LifeGreen checking account and a minimum opening deposit of $50. This account can also be opened with $5 provided an automatic transfer is set-up from the checking to savings account. For the regions savings account, the minimum opening deposit is $50 while for the savings for minor account, the minimum deposit is $5. Moreover, the LifeGreen comes with a 1% annual interest bonus. The interest is compounded daily and paid at the end of every month on the available balance. These features make it the Regions Bank high interest savings account.

The current Regions Bank savings account rates are 0.05% APY for all savings accounts. This is the normal rate in the current market conditions. The monthly maintenance fee is waived for the LifeGreen account as well as the account for minors. In the case of Regions savings account, the monthly maintenance fee is $4 and this is waived if there is a minimum daily balance of $300. These convenient features along with the competitive Regions Bank interest rates make it an attractive investment.