Regions Bank high interest savings are of particular interest to people that are interested in ensuring a fixed income, whether monthly, quarterly or yearly. The bank currently offers a multitude of products that can be used by customers to boost their incomes.

Regions Bank high yield savings are currently available on the company’s Life Green savings account. The account can be opened by any customer that has a checking account with the bank and has a $50 deposit in the bank. An annual interest bonus of 1% is accrued on the account. Basic interest is 0.10% that is compounded daily but paid monthly on collected basis.

Regions Bank Interest Rates depend on national economic outlook and financial health of the company and are subject to regulatory action and guidelines. People can easily check the latest interest rates applicable on savings accounts and certificates of deposits by simply visiting the company website. They can enter their city zip code to find detailed information about the rates available in their city and state.

Regions Bank savings account rates might not be the best in the financial market but they are still sufficient enough for small investors. Regions savings account offers an APY of 0.05% that is accrued quarterly or yearly as per the terms of the investment. Minimum investment is $50 and can be as high as $50,000. Additional details are available on the company website and customers can also use the call center and online help to glean further information.

The Regions LifeGreen Savings account requires a $5 deposit with an automatic recurring monthly savings transfer from a Regions Checking Account, if not then all Regions LifeGreen Savings account that are opened will cost $50. The account rates for the Regions LifeGreen Savings account in terms of Interest Rates and Annual Percentage Yield is the: balances that are less than $2,499 have a rate of 0.05%, those that are between the band of $2,500-$49,999 have a rate of 0.10% and balances of $50,000 or more have a rate of 0.50%.

The balance required to open up a Regions Savings account is $50 thus subjecting you to the benefit of compounded daily interest which is paid monthly on a collected balance basis. The account rate for the Regions Savings account is the same for both Interest Rates and APY’s: balances that are below $49,999 are at the rate of 0.05% whilst all balances above $50,000 have a rate of 0.40%.

The requirement to open a Savings for Minors account is only at $5 with the promise of daily compounded interest which is paid monthly on collected balances. The account rate for the Savings for Minors account is recorded with all balances having an interest rate and an Annual Percentage Yield of 0.05% flat rate.

Right now, two money market rates are available plus a few Regions savings account offers.  The standard money market account has a $2,500 minimum deposit while the platinum requires a $15,000 minimum deposit.

Rates are tiered according to deposit/balance amounts.  For Regions Bank high interest savings in these money markets, the standard pays 0.10% annual percentage yield (APY) for up to $9,999 in deposits.  That goes up to 0.15% for up to $24,999 and 0.20% APY for up to $49,999 and then 0.25% APY above that.

The same tiers are for platinum relationship money markets for Regions Bank rates, but the yields are higher.  For $15,000 to $19,999, the yield is 1.01% APY, then 1.75% APY for anything over that.  This is a good Regions Bank high yield savings option.

Regions savings account yields are the same no matter the deposit amount, so for $0 or up, the return is 0.10% APY.  If you have a significant amount to deposit, consider a different option.  Lifegreen Savings options for Regions Bank high interest savings yields 0.25% APY no matter the deposit.

The current Regions Bank rates are comparable to other banks and are slightly lower than they were last month.  Regions Bank high yield savings offers have no specials right now, as they did last month.  All Regions Bank accounts are FDIC insured.