Regions Savings for Minors

The Regions Savings for Minors account is specially designed for customers who are 18 or younger to help them start saving. It has no monthly fee and no minimum balance requirements.

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The Basics

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    $5 Minimum Opening Deposit

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    Pays Interest on all Balances

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    No Monthly Fee

Regions Savings for Minors Account Details

For You If...
You want to open a savings account for a child aged 18 or younger to help them start saving.
Account Opening Requirements
$5 minimum opening deposit. Age 18 or younger legal disclaimer number1 .
Minimum Daily Balance Required to Avoid Monthly Fee
N/A
Monthly Fee (if minimum balance requirement isn't met)
N/A
Available Terms
N/A
How Interest is Calculated
Compounded daily, paid monthly on collected balances
Savings Bonus
N/A
Interest Tiers
All balances receive the same applicable interest rate.
Annual Percentage Yields (APY)
Find a rate in your area
Pricing Schedule
See Pricing Schedule for more details.
Statement Options
Access to Online Statements with Regions Online Banking legal disclaimer number2
Excessive Withdrawal/Item Fee
$3 per withdrawal or transfer in excess of 3 per statement period legal disclaimer number3
Overdraft Protection
N/A
Safe Deposit Box Discount (Subject to Availability)
30% discount on one safe deposit box rental with an additional 10% discount if payment is set up for auto debit from a Regions account.
Other Benefits
Set up automatic transfers from your Regions checking account to your Regions savings without leaving home with Regions Online Banking, Mobile Banking legal disclaimer number3 legal disclaimer number4 and 1.800.REGIONS.
Features
  • No monthly fee and no minimum balance requirements

Ways To Open

Visit a Branch

Ways to Open This Account

Why Regions?

Payment Solutions

Enjoy the convenience and security of using Android Pay, Apple Pay, Samsung Pay, and Visa Checkout legal disclaimer number5 with Regions CheckCards, Credit Cards and Now Prepaid Cards. We also offer Regions Personal Pay to send money to friends for only $1.

Rewards

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.

Convenience

Manage your account online, and bank when you want with Mobile Banking legal disclaimer number6 , Online Banking with Bill Pay legal disclaimer number2 , and access to over 1,900 ATMs across 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.

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 each year to volunteer with a cause of their choice.

Personal Service

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

Save for the future with a Regions savings account.

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