Regions savings account Rates

Regions Bank helps to keep your money safe and secure with their simple schemes and low maintenance expense. They have many kinds of savings products like CDs, money market account and savings accounts. In keeping with our tradition of discussing Regions Bank interest rates in this blog, we will turn our attention to the Regions Bank high interest savings accounts.

There are many different options when it comes to savings accounts. The first is the Regions life Green savings account. For the online opening of this account, the minimum amount is $50 and for opening an account in any branch, the minimum balance is $5. Interests are compounded on a daily basis and a 1% annual interest bonus is offered. There is no monthly maintenance fee.

The next option is the Regions savings scheme. It could be opened with a minimum amount of $50. Over draft protection facility is offered for this account holders and a monthly maintenance fee of $4 is charged. A minimum daily balance of $300 is required to avoid these maintenance costs.

Another option is a savings account for minors. A minimum amount of $5 is required to open an account. This scheme is mainly to encourage children to have a savings habit where they can monitor their accounts safely online. To open this account, one of the parents should have a Regions Bank account.

The current Regions Bank savings account rates are 0.05% for all balances. These rates are competitive in today’s environment. Along with the convenient and flexible features, these Regions Bank high yield savings accounts are an attractive choice of investment.