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Savings Accounts for Kids, Children & Minors

Key Benefits:
  • Special account for Regions customers' children or grandchildren, age 18 and younger
  • Open with only $5
  • 30% discount on safe deposit rental
  • Interest compounded daily, paid monthly on collected balance
Open Now

 

Regions Savings for Minors pays you more green.
Set your children or grandchildren on the right path to a lifetime of financial responsibility. Help them begin to learn how to manage their money with a Regions savings account for children under the age of 18.

Start saving with Regions Savings for Minors.1
  • Can be linked to a Regions checking account for an automated savings plan - funds can be transferred monthly, on paydays, or whenever you choose.
  • Watch their savings grow with Regions Online Banking
  • Interest is compounded daily, paid monthly on collected balance

They can manage their funds anytime, anywhere.
  • Access your account 24 hours a day, 7 days a week at Regions® Online Banking or mobile banking* or 1-800-REGIONS
  • Watch them bank on-the-go via Text Banking, Mobile Web* at m.regions.com and with our Mobile Apps

For more information about a Savings for Minors account, select the "Features" tab above.

Call 1-800-REGIONS

Find a Regions branch near you

 

1. This is a limited transaction account. Regulatory limit of six (6) transfers or payments (preauthorized, automatic, by telephone, or from a personal computer) including drafts, checks, debit card, or similar order (including POS transactions) payable to a third party from your savings account per statement cycle. Limit does not apply to in-person withdrawals or withdrawals at an ATM. The preauthorized or automatic transactions may be initiated by Telephone Banking, Regions Online Banking, or standing order. Exceeding the regulatory limit on transfers and withdrawals on more than an occasional basis may result in your savings account being converted to a transaction account. See pricing schedule for full details.

*Although Regions Mobile Banking is offered at no charge, data service charges may apply through your wireless carrier.

All Regions products and services are subject to applicable customer agreements, terms, conditions, disclosures, and application requirements. Credit products are subject to credit approval. Contact a Regions associate for additional information and details.

Account Benefits
  • Special account for Regions customers' children or grandchildren, age 18 and younger
  • Can be linked to a Regions checking account for an automated savings plan – funds can be transferred monthly, on paydays, or whenever you choose1
  • Watch your savings grow with Regions Online Banking
Opening Requirement
  • $5 minimum opening deposit
Account Eligibility Requirement
  • Age 18 and younger
Interest Tiers
  • Pays interest on all balances
Interest Calculated
  • Compounded daily, paid monthly on collected balance
Excessive Withdrawal / Item Fee
  • $3 per withdrawal or transfer in excess of 3 per month
Statement Options
  • Online Statement available with Regions Online Banking2
Other Account Features
  • 30% discount on one safe deposit box rental per account and an additional 10% discount with auto debit from a Regions account (subject to availability)
How to Apply

 

1. This is a limited transaction account. Regulatory limit of six (6) transfers or payments (preauthorized, automatic, by telephone, or from a personal computer) including drafts, checks, debit card, or similar order (including POS transactions) payable to a third party from your savings account per statement cycle. Limit does not apply to in-person withdrawals or withdrawals at an ATM. The preauthorized or automatic transactions may be initiated by Telephone Banking, Regions Online Banking, or standing order. Exceeding the regulatory limit on transfers and withdrawals on more than an occasional basis may result in your savings account being converted to a transaction account. See pricing schedule for full details.
2. To enroll in Online Statements, simply enroll in Regions Online Banking. You must have a valid Social Security Number or Taxpayer Identification Number in order to enroll in Regions Online Banking. If you are an existing Online Banking customer, log in and select the Online Statements link in the top navigation under Accounts.

*Although Regions Mobile Banking is offered at no charge, data service charges may apply through your wireless carrier.

All Regions products and services are subject to applicable customer agreements, terms, conditions, disclosures, and application requirements. Credit products are subject to credit approval. Contact a Regions associate for additional information and details.

Savings for Minors1

Interest Tiers
Balance Tier
Pays interest on all balances
 

APYs

Find a rate in your area
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Personal Pricing Schedule


Account Fees2
Fee Amount
Monthly Fee None
Excessive Withdrawal/Item Fee $3 per withdrawal or transfer in excess of 3 per month

1. This is a limited transaction account. Regulatory limit of six (6) transfers or payments (preauthorized, automatic, by telephone, or from a personal computer) including drafts, checks, debit card, or similar order (including POS transactions) payable to a third party from your savings account per statement cycle. Limit does not apply to in-person withdrawals or withdrawals at an ATM. The preauthorized or automatic transactions may be initiated by Telephone Banking, Regions Online Banking, or standing order. Exceeding the regulatory limit on transfers and withdrawals on more than an occasional basis may result in your savings account being converted to a transaction account. See pricing schedule for full details.
2. See Personal Pricing Schedule for details.

All Regions products and services are subject to applicable customer agreements, terms, conditions, disclosures, and application requirements. Credit products are subject to credit approval. Contact a Regions associate for additional information and details.