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Utah has dozens of online and traditional brick and mortar banks offering services to its residents. If you are searching for a money market account in Utah, there is a wide range of options available for you.
Whether you are saving towards short-term or long-term financial goals, there is a money market account with the best combination of features that can meet your needs. Knowing your individual preferences will help you narrow down your search as well. For example, if growing your savings is your main focus, an account with a high interest-rate would be ideal.
Look out for accounts with low fees or that may waive monthly service charges if you meet certain requirements. Also, consider accounts with low minimum requirements in terms of initial minimum deposits and balance requirements.
Flexibility and convenience in depositing and withdrawing money is another factor to look out for. Having an ATM card, online or mobile access is important especially if the account is to build an emergency fund.
Compare our top picks of the best money market accounts in Utah and find a match for yourself today.
This is a great money market account which acts like a checking account in some aspects.
It comes with a debit card and check writing privileges but be careful not to go over the monthly limit of 6 transactions. Per transaction above the limit will be expensive, around $10 per transaction.
This money market account comes with a low intial deposit of $100 to open the account and comes with no monthly fees. Interest is compounded daily and paid monthly.
You'll earn the current APY rate regardless the amount you deposit in the account - there is no tiered system.