IRA 18-Month Variable Rate

The Regions 18-Month IRA¹ is FDIC insured and earns interest at a rate that is comparable to the prevailing rate in the market.²

Visit a Branch

View All IRAs

The Basics

Tax Deferred
Additional Deposits³
Get Started with $250⁴

18-Month Variable Rate IRA Details

For You If...

You want a tax-advantaged retirement savings account that offers a variable interest rate² over a fixed 18-month term. (Available for Traditional IRAs only)

Rates

Rate is equal to the most recent discount auction rate of the six-month Treasury Bill plus 0.25%.² Find a rate in your area.

Available Terms

18-Months

Minimum Balance Required to Open

^$250

Deposits

Additional deposits of $50 or more can be made anytime during the 18-month term. Additional deposits do not extend the original maturity date.

Fees

No monthly maintenance fees. Fees for early withdrawal may apply.

Features

Tax Advantages

Additional Deposits Allowed³

Get Started with $250⁴

Can Be Automatically Renewable

Ways To Open

Visit a Branch

Ways to Open This Account

Visit a Branch
Apply at a branch near you today.
Visit a Branch

Learn More About IRAs

Roth and Traditional IRA Comparison IRA FAQs

Why Regions?

Convenience

Bank when and how you want with Mobile Banking, Online Banking with Bill Pay and free access to more than 1,900 ATMs⁵ across the Regions 15-state service area.

Insights

Visit Insights by Regions for tools, tips and calculators to help you manage your money, save for your future, finance your needs and track your spending.

Rewards

Earn Cashback Rewards when you activate offers in Regions Online and Mobile Banking and make eligible CheckCard & Now Card purchases.

Personal Service

With award-winning customer service through a branch, online, over the phone, on social media, or even at an ATM, we strive to make each experience a satisfying one.

Community Involvement

We believe in giving back to our communities by supporting local organizations and donating our time and talents. We even give associates a paid day off to volunteer with a charitable or educational cause of their choice.

Payment Solutions

Use Apple Pay⁶, Google Pay⁷, LG Pay⁸, Samsung Pay⁹ and Click to Pay with Visa¹⁰ to make secure payments from your mobile device. Send money to friends with Zelle®,¹¹ available through Online Banking and the Regions Mobile app. And reduce the risk of fraud on your Regions personal CheckCard, Now Card, and credit cards with the touch of a button using Regions LockIt®: Lock your card for certain types of transactions using the Regions Mobile app or Online Banking.

Looking for More?

Available for Traditional IRAs only.
The interest rate on this deposit is equal to the discount rate of the new 6-month Treasury bill plus ¼%. The discount rate of the 6-month Treasury bill is determined by the weekly auction of the Federal Reserve. To this extent, the interest rate and Annual Percentage Yield (APY) earned on this deposit are subject to change weekly and may be deemed variable rates. Fluctuations in the discount rate of the 6-month Treasury bill could cause an interest rate and APY in a subsequent week to be less than the interest rate and APY in an earlier week. Fees could reduce earnings on the account. For more information see Pricing Schedule. This deposit is not available for Roth IRA or Coverdell Education Savings Accounts.
Additional deposits are permitted during the 18-month term, with a minimum of $50.
Minimum opening deposit amount of $250.
Access to Regions Bank ATMs has no fees but fees may apply to certain transactions.
Apple, the Apple logo, iPhone, Apple Pay, and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries.
Android, the Android Logo, Google Pay, and the Google Play Store logo are trademarks of Google Inc, registered in the U.S. and other countries.
LG Pay is a registered trademark of LG Corp.
Only compatible with select cards, carriers and Samsung devices. Samsung Pay and Samsung Galaxy are trademarks or registered trademarks of Samsung Electronics Co., Ltd.
Visa is a registered trademark of Visa International Service Association, and is used by the issuer pursuant to license from Visa U.S.A. Inc. Please see the Regions Deposit Agreement for information on liability for unauthorized transactions.
Must have a bank account in the U.S. and be at least 18 years of age to use Zelle®.