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  Regions Bank Premium Money Market Account
Regions Bank Premium Money Market Account Unaffiliated

Regions Bank Premium Money Market Account

Unaffiliated
in Money Market Accounts from Regions Bank · Member FDIC
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Highlights
APY (Annual Percentage Yield) 0.01% - 1.01%
APY Minimum Balance $0
Minimum Opening Deposit Starting at $100

Regions Bank Premium Money Market Account Review

Regions Bank Premium Money Market Account is offered by Regions Bank, a bank founded in 1873 and based in Huntsville, AL. Regions Bank Premium Money Market Account is available in 50 states (and Washington, DC).

Key Takeaways
  • Very high APY. This account offers an annual percentage yield of up to 1.01%, which is much higher than the national average for a money market account.
  • No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.
  • Charges a monthly fee. This account charges a monthly service fee of up to $15, but the fee is waived if you keep a minimum balance of $15,000.
  • Small minimum initial deposit. You only need $100 to open an account.
Pros & Cons of Regions Bank Premium Money Market Account
Pros Cons
  • Available in all 50 states.
  • High-interest yield.
  • Does not offer mobile check deposits.
  • Access to physical branches.
  • No signup bonus.
  • Does not provide a debit card.
  • Monthly service charge.
Regions Bank Premium Money Market Account FAQ

Are money market accounts from Regions Bank federally insured?

Yes, this account is 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 interest rates for Regions Premium money market rates?

Regions Premium money market offers an APY starting at 0.01% and ranging up to 1.01% (APY stands for annual percentage yield, rates may change).

Regions Premium money market Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.01% - 1.01%

What are the fees for Regions Bank Premium Money Market Account?

This account charges a monthly maintenance fee of up to $15. You can avoid this fee by maintaining a balance of $15,000.

Regions Bank will charge you a $15 fee if you exceed your maximum number of monthly transactions.

Regions Bank Premium Money Market Account Fees
Fees Amount
Monthly Fee up to $15
Paper Statement Fee N/A
Excess Transaction Fee $15

What is the minimum balance for Regions Premium money market?

Minimum deposit of $100. You must make an initial deposit of at least $100 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $15,000.

What features and perks does Regions Premium money market offer?

This account includes the following features:

  • Fraud monitoring - Regions Bank monitors transactions for potentially fraudulent activity.

What is the support contact email?

The support contact email for this business credit card is askRegions@regions.com.

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.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Regions Bank

Regions Financial Corporation is a member of the SandP 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management and mortgage products and services. Regions serves customers across the South, Midwest and Texas. When you pair a strong corporate culture with a mission aimed at making life better, the result can be outstanding. Our strategic approach to diversity and inclusion is the right thing to do for our customers, communities, associates and shareholders.

Combined with a Regions checking account enrolled in Relationship Rewards, your Regions savings or money market account can help you earn Relationship Rewards points that you can redeem for travel, merchandise, cash and more.

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

APY Minimum Balance $0
Minimum Balance to Avoid Monthly Fee Starting at $15,000
Minimum Opening Deposit Starting at $100
Monthly Fee $0 - $15
Account Features
  • Interest Bearing Account
  • Fraud Monitoring
  • Fraud Protection
  • Branch Access
  • Member FDIC
APY (Annual Percentage Yield) 0.01% - 1.01%
Dividend Compounding Frequency Daily
Dividend Payout Frequency Monthly

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Regions Bank Money Market Accounts

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