Explore Card Savings®
Credit CardsThe Explore Card Savings Account® must be opened in connection with an application for the Regions Explore® Visa Credit Card.
Learn more about Explore Credit Card
Features:
| Minimum Opening Deposit | $250 |
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| Maximum Opening Deposit | $10,000 |
| Account Benefits |
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| Interest Calculated | Compounded daily, paid monthly on collected balance |
| Interest Tiers | Pays interest on all balances |
| Monthly Fee | None |
| Eligibility Requirements | In order to open and maintain the Explore Card Savings account, you must apply for, be approved for, and maintain a Regions Explore Credit Card account. The Explore Card Savings account will serve as collateral to secure your obligations on the Explore Credit Card account. The ownership titles on your Explore Card Savings account and your Explore Credit Card account must match exactly. |
| Transactions Restrictions |
Once the Explore Card Savings account has been opened, no withdrawals from the account, whether of principal or interest, will be permitted (i) until your application for the Regions Explore Credit Card account has been declined or (ii) until up to sixty (60) days after your Regions Explore Credit Card account has been closed, whichever is applicable. Thereafter, all funds in the Explore Card Savings account, less any funds applied to amounts you owe on the Explore Credit Card account, as the case may be, will be paid to you. No additional deposits to your Explore Card Savings account may be made except in connection with an increase in the credit limit of your Regions Explore Credit Card account. Credit limit increases may be subject to certain minimum and maximum amounts and frequency restrictions according to Regions Bank credit policies, and those limitations will apply to any additional deposit you make in connection with a credit limit increase. CheckCards, debit cards, and other deposit/withdrawal instruments and access devices generally are not available for use in connection with the Explore Card Savings account. |
| Disclosure of Account Terms and Pricing Schedule | Explore Card Savings Disclosure of Account Terms and Pricing Schedule |
| Bank where, when, and how you like |
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| How to Apply | This savings account must be opened in connection with an application for the Regions Explore Visa Credit Card. Learn More |