The Regions Monthly Savings account requires a $50 minimum deposit to open. There is a $4 service charged that is waived with a $300 minimum daily balance. Interest is compounded daily, paid monthly on ledger balances.
I've only recently started a savings account at Regions. One of my aunts were bragging about their services. I only deposit small amounts, but my account is growing fast :) I am very happy, thrilled, and satisfied as of right now. I anticipate starting an account for my children.
I've been a long time client with Regions bank and I've always felt satisfied. I use this account as a prevention for impulse buying, it's easy and cheap to put my money into and when I need my money the transfer is just as simple to complete. 4/5
This is a great product for those looking to save a little! There is no charge for this account if you keep a minimum balance or if you set up an automatic transfer from your checking. The interest rate on the basic savings account is very low. However, if you set up an automatic transfer, you will not even miss the money and could begin to save a substantial amount over time!
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13%  |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
