Regions Savings for Minors

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

View All Savings, Money Market and CD Accounts


Key Features of Savings for Minors

  • $5 Minimum Opening Deposit

  • Pays Interest on all Balances

  • No Monthly Fee

Regions Savings for Minors Account Details

For You If...
You want to open a savings account for a child under 18 years of age to help them start saving.
Account Opening Requirements
$5 minimum opening deposit. Available to customers under 18 years of age1.
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)
Pricing Schedule
See Pricing Schedule for more details.
Statement Options
Access to Online Statements with Regions Online Banking2
Excessive Withdrawal/Item Fee
$3 per withdrawal or transfer in excess of 3 per statement period
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 Banking3 and 1.800.REGIONS.
Features
  • No monthly fee and no minimum balance requirements

Ways to Open a Savings for Minors Account

Why Open a Regions Savings Account?

Secure Payment Solutions

Use Apple Pay4Google Pay5, LG Pay6, Samsung Pay7 and Click to Pay with Visa8 to make secure payments from your mobile device. We also offer Zelle® to send money to friends9, available through Online Banking and the Regions Mobile app. And to reduce the risk of fraud on your Regions cards, use Regions LockIt®: With the touch of a button, block transactions with your Regions Mobile app.

Convenient Account Management

Manage your account online, and bank when you want with Mobile Banking10, Online Banking with Bill Pay2, and access to over 1,900 ATMs across Regions' 15-state service area.

Financial 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.

Customer Service Excellence

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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