|APY (Annual Percentage Yield)||0.01%|
Regions Bank Money Market Account Review
Regions Bank Money Market Account is offered by Regions Bank, a bank founded in 1873 and based in Huntsville, AL. Regions Bank Money Market Account is available in 15 states across the USA.
Are money market accounts from Regions Bank federally insured?
Yes, your Regions Bank money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What are the Regions Bank Money Market Account rates?
Regions Bank Money Market Account offers an APY of up to .01% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a minimum balance of $0.
What are the Regions Bank Money Market Account fees?This account charges a monthly maintenance fee of up to $12. You can avoid this fee by maintaining a balance of $2,500. Regions Bank will charge you a $15 fee if you exceed your maximum number of monthly transactions.
Federal regulations limit the number of transactions you can make from your money market account to six per month.
|Monthly Fee||up to $12|
|Paper Statement Fee||N/A|
|Excess Transaction Fee||$15|
What is the minimum balance for Regions Bank Money Market Account?
No minimum initial deposit. Regions Bank does not require a minimum initial deposit to open an account.
Monthly maintenance minimum balance of $2,500. You can avoid the monthly fee if you keep a minimum balance $2,500.
What features and perks does Regions Bank Money Market Account offer?
This account does not seem to offer any of the features and perks we track.
How to open an account with Regions Bank
- Visit the Regions Bank website.
- Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
- Check the information is accurate and submit your application.
- North Carolina
- South Carolina
Regions Bank Money Market Accounts
APY (Annual Percentage Yield)