Regions Money Market Rates
Today at Money Market Rates 101, we’re going to have a look at the latest happenings with Regions Bank money market rates.
Interest on money market rates at Regions varies according to account balances. A $100 minimum opening deposit is required and fees are charged unless the account balance is above $2,500. Accounts with less than $2,500 will have a yield of only 0.02% annual percentage yield (APY) and will likely lose money due to fees.
For a $2,500 to $9,999 balance, the APY is 0.05%, which stays the same for balances of $10,000 to $24,999. At $25,000 the rate climbs to 0.10% APY.
Of course, Regions Bank is fully FDIC insured. Rates are variable, so these Regions money market rates could change at any time. If you already have accounts at Regions, you may qualify for special, higher Regions Bank money market rates with a Relationship offer.
These are also variable, but are about 25% higher than the standard Regions Bank money market rates.
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