Sydney Garth, Credit Cards Moderator
@sydneygarth
The Regions Bank CD early withdrawal penalty depends on the CD's term length. Here’s a breakdown of the penalties:
- For CD terms of 31 days or fewer: The penalty is the total amount of interest the CD would have earned over its term.
- For CD terms between 32 and 181 days: The penalty is 31 days’ worth of interest on the amount withdrawn.
- For CD terms between 182 and 364 days: The penalty is 90 days’ interest on the amount withdrawn.
- For CD terms of 365 days or more: The penalty is 182 days’ interest on the amount withdrawn.
For the most up-to-date information, refer to Regions Bank’s website or contact their customer service by phone at (800) 734-4667.
You can check the best CD rates available to ensure that whatever decision you make really fits your goals.
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