Regions Savings for Minors

The Regions Savings for Minors account is specially designed for customers under 18 years of age^[1] to help them start saving. It has no monthly fee and no minimum balance requirements.

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What you get with a Savings for Minors account

$0 monthly fee

Same interest on all balances

$5 minimum opening deposit

Automatic transfer option

Savings for Minors account details

Monthly fee
- $0. See Pricing Schedule for more details.
Account eligibility
- Available to customers under 18 of age^[1]
Minimum opening deposit
- $5 minimum opening deposit. See pricing schedule for more details.
Excessive withdrawal/item fee:
- $3 per withdrawal or transfer in excess of three per month^[2].
Statement options
- Access to Online Statements^[3] with Regions Online Banking^[4].
Compounded daily, paid monthly on collected balances. Check rates
- 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.
- Set up automatic transfers from your Regions checking account without leaving home with Regions Online Banking, Mobile Banking and 1-800-REGIONS.
- Access to Online Banking included^[4]
- Access to Mobile Banking included^[4]
- Make an in-branch or phone appointment now.
- One account owner must be the age of majority in your state.

Manage your money with these smart solutions

Download the mobile app

Use the Regions mobile app^[4] to deposit checks to your Regions checking account.

Spend and grow savings

Enroll your checking account in Spend & Save and grow your Regions LifeGreen® Savings automatically as you use your Regions Visa® debit card.

Set up account alerts and notifications

Get account information sent directly to you via email, SMS/text message^[5] and push notifications when you set up alerts and notifications.

Refer a friend, get a reward

Refer a friend who opens a new Regions personal checking account and fulfills all offer requirements and you both get a $50 reward.

More ways to save money

We also offer CDs, money market accounts and IRAs. Choose the best account for your savings goals.

Compare savings products Learn more about IRAs

Set savings goals with My GreenInsights budgeting tools

Setting savings goals and tracking your progress toward them has never been easier than with our exclusive online banking financial management tools in My GreenInsights.

Learn more about My GreenInsights

Open a LifeGreen® Checking for Students account

LifeGreen Checking for Students keeps it simple, with no monthly fee and built-in ways to help you save. If you are 18-25 years old^[6] , you can start the application process for a Student Checking account online or visit us in one of our branches. Applicants under 18 must visit a branch and apply jointly with an adult.

Learn more about a Student Checking account

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One account holder must be age of majority in the state where the account is held.
Transfers from one Regions account to another Regions account conducted in Regions Online Banking or Mobile Banking and automatic Overdraft Protection Transfers will not apply to this item count. We will charge you no more than six (6) Excessive Withdrawal/Item fees per month.
Online Statements requires enrollment in Regions Online Banking. If you are an existing Online Banking customer, log in and select the Online Statements link in the top navigation under Accounts.
Enrollment in Regions Online Banking requires eligible Regions accounts. To enroll in Online Banking, you must have either a Social Security or Tax Identification Number or use alternative enrollment procedures available by visiting a branch. Regions Mobile app, Alerts, Notifications, Text Banking and Mobile Deposit require a compatible device and enrollment in Online Banking. All are subject to separate terms and conditions. There is no fee to access Online Banking or the mobile app, but fees may apply to certain products and services offered through Online Banking and the mobile app. Mobile Deposit may be subject to fees. Your mobile carrier’s messaging and data fees may apply. You must be at least 18 years of age to use Regions Bill Pay or Zelle.® U.S. checking or savings account required to use Zelle.®
We can provide these alerts only if you have provided your compatible mobile phone number and/or email address to us; we can provide alerts by text only if you have not opted out of communication via these methods. We provide alerts as a courtesy, and have no liability for any failure or delay to provide an alert to you. We may modify or discontinue these alerts at any time and without notice to you. Your mobile carrier's messaging and data fees may apply.
If you have a LifeGreen Checking for Students account and do not meet the age requirement, your account will be converted to the LifeGreen eAccess Account and must meet the normal criteria in order to avoid the Monthly Fee. One account holder must be of the age of majority.