Regions CDs renew automatically at maturity. CD terms of 90 days or more require a $500 minimum opening deposit. Regions Bank CDs with terms of seven to 89 days require a $2,500 minimum opening deposit. CD terms of 365 days or less receive interest payment at maturity.
Customers can receive interest payments monthly, quarterly, semiannually or annually for CD terms of 366 days or longer. Interest earned on Regions Bank CDs compounds daily. The bank offers three promotional CD terms of 8, 14 and 26 months, which earn higher rates than even some of the best online banks. The standard rate on all non-promotional CDs is 0.01% APY, while non-promotional relationship rates range from 0.01% to 0.05% APY. To earn relationship rates, you must have a Regions Bank checking account in good standing and a CD term of at least 32 days or longer. Regions Bank CDs feature standard and relationship rates.
