Regions Money Market Rates

At www.bankratereviews.com, we focus on the different products offered by Regions Bank. This is to give you a good idea on the Regions interest rates as well as the features of each of those products. Today, we will turn our attention to Regions Bank money market rates as well as its features to decide if this is the right savings avenue for you.

The current Regions money market rates are 0.05% APY for all balances. The interest is compounded daily and paid monthly. Besides these competitive interest rates, the features of this product are also attractive. The minimum amount required to open an account is $100. A monthly maintenance fee of $10 is charged if you maintain a balance of less than $2500. Otherwise, the monthly fee is waived.

As a customer, you get a lot of benefits through this account. You are entitled to access the online banking system of Regions Bank that comes with Free Bill Pay option. There are free image statements for you to better manage your financial transactions. There are many different interest tiers to offer maximum benefit for different kinds of customers. It also comes with a 24 hour automated telephone banking system and a discounted safe deposit box to store your valuables. Above everything, your money is insured by FDIC and is backed by the trust and reliability of Regions Bank. This can help you to be peaceful that your money is in safe hands.

In short, Regions money market interest rates are quite competitive and you can consider this as a good avenue for investment.