Regions Help & Support

FAQ

Are there any other fees or interest associated with Regions Savings Secured Line of Credit?

Yes. Interest is charged on the amount of each advance based on your approved interest rate. There is an Annual Fee of $50 beginning one year after the opening date and will continue each year while the account remains opened, an Overlimit Fee of $29 when your account balance exceeds its credit limit anytime during the billing cycle and a Late Payment Fee of $35 if the minimum payment on the Credit Line account in not paid within 10 days after the payment due date.