Regions Savings Secured Line of Credit

A Regions Savings Secured Line of Credit is a simple way to cover unexpected expenses without taking money out of your Regions savings or money market account. It can help build credit or improve less-than-perfect credit when used responsibly.

View All Personal Lines of Credit

The Basics

  • build credit history

    Build Credit History

  • purchase security

    Secure By Savings or Money Market Account

  • Earn three points per dollar

    Savings Earns Interest

Savings Secured Line of Credit Details

For You If…
You need a line of credit and want to secure it with a Regions savings or money market account. Learn more
Minimum Line Amount
Maximum Line Amount
Up to 100% of your available balance in your collateral account, but not to exceed $100,000.
Collateral Requirements
Regions savings account or money market account. The pledged collateral amount will not be available for withdrawal during the life of the line of credit. Your savings or money market account will continue to earn interest. Borrower must be the owner of the collateral.
Access to Funds
Online, Phone, Branch or Access Checks
Repayment Frequency & Amount
A monthly repayment of principal and interest. 5% of your outstanding balance or $10, whichever is greater.
Rate Discounts Available
Rate discounts are available for line amounts $5,000 or greater, if you elect to have your monthly payments automatically debited from your Regions checking account through our Automatic Payment Option. The amount of the discount varies based on your type of relationship with Regions, ranging from 0.25% up to 0.50%.
Automatic Payment Option
Allows you peace of mind that your payments will be automatically debited from your checking account each month. If your checking account is a Regions checking account, you may qualify for a rate discount.
Annual Fee: $50

Over Limit Fee of: $29

Late Fee of: $35
Annual Percentage Rate (APR)
Variable APR based on The Wall Street Journal prime rate, plus a margin. The margin is based on the amount of the approved line amount. See recent rates.
Loan Closing Options
Branch Only
  • Secured with a Regions savings or money market account
  • Competitive low interest rates
  • Borrow as much as you need up to your credit limit
  • Use as overdraft protection on your Regions checking accounts

Ways to Apply for a Savings Secured Line of Credit

  • online Online Application1

    Existing customers only.

    Apply Now
  • a Regions branch Visit a Branch

    Apply at a branch near you today.

    Find a Regions Branch
  • on the phone Apply by Phone

    1-888-462-7627 Mon - Fri 6 a.m. to 7 p.m., Sat 8 a.m. to 2 p.m.

Why Regions?


Whether you need a small or large line of credit, Regions has the options you're looking for.


Borrowing doesn't have to be an overwhelming experience. We have a host of helpful articles, loan calculators and other tools to make the process easier.


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

Personal Service

Our knowledgeable, experienced professionals will help you find just the right credit line for you, then you'll enjoy award-winning customer service through a branch, online, over the phone, on Facebook or Twitter, or even at an ATM.

Community Service

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.