Regions Money Market Rates

Regions Bank is one of the leading financial institutions in the United States today. It is headquartered in Alabama and caters to the needs of customers located across the country. They strive to make banking an enjoyable experience with a multitude of products that can meet the needs of different kinds of customers. Above everything, their personalized service helps people to achieve the financial goals easily. The features and Regions interest rates are quite competitive and this is the reason for the popularity of its products. In this article, we will review the Regions Bank money market rates and features.

The minimum amount required to open a money market account is $100. This account can be linked to the checking account at Regions Bank to get protection for overdraft. The interest is compounded daily and the minimum daily balance required to waive the monthly maintenance fee is $2500. In all other cases, a monthly fee of $10 is charged. Every money market account holder is entitled to receive a monthly statement and one can also check balances and transactions online. Free check images are also available with the statements and it is possible to view these images online as well. All customers have access to online banking and phone banking so that the account can be accessed from anywhere and round the clock.

The current Regions money market interest rates are 0.10% for a balance of over $10,000. Regions money market rates are 0.05% for a balance of under $10,000. These features make this a good investment option for many small investors.