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.

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Overview
Details
Ways To Open

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)

Find a rate in your area

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

Visit a Branch

Ways to Open a Savings for Minors Account

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Why Open a Regions Savings Account?

Secure Payment Solutions

Use Apple Pay⁴, Google 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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Looking for More?

One account holder must be age of majority in the state where the account is held.
Enrollment in Online Banking requires eligible Regions accounts. To enroll in Online Banking for personal accounts, you must either: have a Social Security or Tax Identification Number; or use alternative enrollment procedures available by visiting a branch. There is no fee to access Online Banking, but fees may apply to certain products and services offered through Online Banking. If you are an existing Online Banking customer, log in and select the Online Statements link in the top navigation under Accounts.
Regions Mobile Banking requires a compatible device and enrollment in Regions Online Banking. Mobile Banking is offered at no charge, but data service charges may apply through your wireless carrier.
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.
Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
Regions Mobile Banking requires a compatible device and and enrollment in Regions Online Banking. Mobile Banking is offered at no charge, but data service charges may apply through your wireless carrier.