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If you are looking for savings accounts in Utah, there is a wide range of options available. Shop around and compare various savings accounts and choose one that is best suited for your financial needs.
If you are considering a high-yield savings account, choose one with high-interest rates and low account fees. High account fees, such as monthly and transaction fees, reduce the value of your net earnings. Look for an account in institutions that don’t charge monthly fees or waive them if you meet a minimum balance requirement.
Other factors to consider are the features that will make your savings journey much easier. For example, an account that allows automatic transfers from your savings account. Also, accounts that provide ease of access through mobile, online, and ATM options.
WalletBrain has reviewed some of the best savings accounts in Utah. We mainly looked at the interest rates, fees, and minimum requirements. We also considered other features, including the ease of access and safety.
Use our guide to find the most suitable match for you today.
This savings account is unique where you need to deposit $100 a month to get the highest APY. If you don't deposit $100+ a month, then you need to maintain $25,000 in the account. If you don't do either, you won't receive the higher end APY.
UFB Direct comes with check-writing capabilities and a free ATM card with a national network of fee-free ATMs.
Quontic Bank high yield savings account provides you with the opportunity to accrue interest at a rate 15x higher than the national average. Interest compounds daily and is paid into your account every month.
This savings account will provide a flat APY regardless of your balance, and you won't worry about monthly fees. A great perk with this account is you can request a free ATM card.