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.

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 Statements1 with Regions Online Banking[3].
  • 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.
    • Free access to Online Banking[3]
    • Access to Mobile Banking[4]

Manage your money with these smart solutions

Download the mobile app

Use the Regions mobile app[5] 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.[6]

Set up account alerts and notifications

Get account information sent directly to you via email, SMS/text message[7] 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 completes other requirements and earn a $50 Visa® Reward Card.

More ways to save money

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

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.

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[8] , 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.