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Compare Savings Rates in Utah – March 2026

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Current Utah Savings Rates and MMA Rates

Cyprus Federal Credit Union is offering a Dream Round Up Savings in Utah with an APY of 10.00%. For those in Utah, Varo Bank lists a High interest savings accounts at 5.00%. Varo Bank has a High-Yield Savings available at 5.00% APY (min deposit $0). For those in Utah, Cyprus Federal Credit Union lists a Teen Learn & Earn Savings at 5.00%.

Find the best savings and money market rates in Utah today. Our real-time rate table below compares offers from top lenders to help you grow your savings. Whether you are looking for a traditional savings account or a high-yield option in UT, comparing APYs is the best way to maximize your interest earnings.

The following rates reflect recent market quotes and representative offers available to Utah depositors. Actual savings rates may vary by financial institution and market conditions.

Last Updated and Verified: March 5, 2026

Savings Rates in Utah and Area

  • Dream Round Up Savings:
    10.00%
  • High interest savings accounts:
    5.00%
  • High-Yield Savings:
    5.00%
  • Teen Learn & Earn Savings:
    5.00%
  • Tier 1 YoungInvestor Savings:
    5.00%

Rates shown are recent market averages and representative quotes. Actual rates may vary.

Last Updated and Verified: March 5, 2026

Best Utah and Area Savings Rates & Money Market Rates

Bank / Credit Union
Product
APY
Min Deposit
Cyprus Federal Credit Union West Valley City, UT
Dream Round Up Savings
10.00%
$0
Rate 10.00%
Min Deposit $0
Last Updated 03/05/2026
Details

Varo Bank Draper, UT
High interest savings accounts
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details Get up to 5.00% APY on your first $5,000 and 2.50% APY on everything else. Just have $1,000 in direct deposit a month and maintain a positive balance in your bank and savings accounts to continue qualifying.

Varo Bank Draper, UT
High-Yield Savings
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details Quals apply.

Cyprus Federal Credit Union West Valley City, UT
Teen Learn & Earn Savings
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details

Granite Federal Credit Union West Valley, UT
Tier 1 YoungInvestor Savings
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details

Chartway Credit Union West Jordan, UT
Smart Steps Savings
4.50%
$0
Rate 4.50%
Min Deposit $0
Last Updated 03/05/2026
Details APY = Annual Percentage Yield. During the first 6 months after account opening, a promotional APY of 5.00% applies to that portion of the total account balance within the first tier, up to $2,499.99. The standard tiered APYs displayed apply to the remaining portion(s) of the account balances above the first tier. Dividend rates are tiered; different portions of the total account balance earn different rates. The APY reflects a blended rate based on the portion of the total balance in each tier, and if held to maturity. Dividends accrue daily and are paid monthly. Fees could reduce earnings on the account. No penalty for withdrawal. Limited to personal accounts; one account per member. Certain conditions and restrictions may apply. Rates and tiers are subject to change without notice. Membership must be completed before account opening. Please refer to the Membership Agreement and Disclosures for terms and conditions applicable to specific accounts

Pitney Bowes Bank Salt Lake City, UT
Business Savings Account Standard Rate
4.25%
$0
Rate 4.25%
Min Deposit $0
Last Updated 03/05/2026
Details Terms and conditions apply. Standard rate is subject to change. Rates do not apply to transfers from Reserve accounts, nor to prior balances and/or existing Reserve Accounts

Granite Federal Credit Union West Valley, UT
Business Builder Money Market
4.00%
$0
Rate 4.00%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 4.00% APY on balances $0 - $9,999; 3.929% interest.

Bread Financial Draper, UT
High-Yield Savings Account
4.00%
$100
Rate 4.00%
Min Deposit $100
Last Updated 03/05/2026
Details

LendingClub San Francisco, UT
LevelUp Savings
4.00%
$0
Rate 4.00%
Min Deposit $0
Last Updated 03/05/2026
Details Earn 10x the National Average2; $0 minimum balance; Get 4.00% APY on your balance when you deposit $250+ per month.3

Granite Federal Credit Union West Valley, UT
Tier 2 YoungInvestor Savings
4.00%
$0
Rate 4.00%
Min Deposit $0
Last Updated 03/05/2026
Details

LimeLight Bank Spanish Fork, UT
High-Yield Savings Account
3.90%
$100
Rate 3.90%
Min Deposit $100
Last Updated 03/05/2026
Details

Utah First Federal Credit Union Woods Cross, UT
Money Market
3.90%
$0
Rate 3.90%
Min Deposit $0
Last Updated 03/05/2026
Details

America First Federal Credit Union West Valley City, UT
Money Market
3.90%
$0
Rate 3.90%
Min Deposit $0
Last Updated 03/05/2026
Details $1,000,000.00+

Granite Federal Credit Union West Valley, UT
Money Market Account
3.90%
$0
Rate 3.90%
Min Deposit $0
Last Updated 03/05/2026
Details *Bonus Rate *+1.65

Nelnet Bank Draper, UT
K-12 High-Yield Savings Accounts
3.89%
$0
Rate 3.89%
Min Deposit $0
Last Updated 03/05/2026
Details

Deseret First Federal Credit Union West Valley City, UT
Business Money Market
3.85%
$0
Rate 3.85%
Min Deposit $0
Last Updated 03/05/2026
Details

Sallie Mae Salt Lake City, UT
High-Yield Savings Account
3.85%
$0
Rate 3.85%
Min Deposit $0
Last Updated 03/05/2026
Details

Deseret First Federal Credit Union West Valley City, UT
Money Market Accounts
3.85%
$0
Rate 3.85%
Min Deposit $0
Last Updated 03/05/2026
Details

Central Bank Provo, UT Spanish Fork, UT
High Yield Money Market Account
3.82%
$0
Rate 3.82%
Min Deposit $0
Last Updated 03/05/2026
Details HYMM/$500,000-$99,999,999.99

Jordan Federal Credit Union West Jordan, UT
Elite Money Market Deposit Account (EMMDA) <
3.80%
$0
Rate 3.80%
Min Deposit $0
Last Updated 03/05/2026
Details $1,000,000; Dividend Rate: 3.75%

UTAH COMMUNITY Vineyard, UT
Share Savings Account
3.80%
$0
Rate 3.80%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 3.80% APY on balances $1,000,000 +

Northrop Grumman Federal Credit Union Roy, UT
IRA Savings 12 Month
3.79%
$0
Rate 3.79%
Min Deposit $0
Last Updated 03/05/2026
Details

Prime Alliance Bank Woods Cross, UT
Personal Savings
3.75%
$0
Rate 3.75%
Min Deposit $0
Last Updated 03/05/2026
Details All balances

Goldenwest Federal Credit Union West Valley, UT
Insured Money Market Account
3.70%
$0
Rate 3.70%
Min Deposit $0
Last Updated 03/05/2026
Details

Cyprus Federal Credit Union West Valley City, UT
Money Market
3.70%
$0
Rate 3.70%
Min Deposit $0
Last Updated 03/05/2026
Details

Granite Federal Credit Union West Valley, UT
Money Market Account
3.65%
$0
Rate 3.65%
Min Deposit $0
Last Updated 03/05/2026
Details *Bonus Rate *+1.65

Sallie Mae Salt Lake City, UT
Money Market Account
3.65%
$0
Rate 3.65%
Min Deposit $0
Last Updated 03/05/2026
Details

TAB Bank Ogden, UT
High Yield Savings
3.61%
$0
Rate 3.61%
Min Deposit $0
Last Updated 03/05/2026
Details

Northrop Grumman Federal Credit Union Roy, UT
IRA Savings 48 Month
3.60%
$0
Rate 3.60%
Min Deposit $0
Last Updated 03/05/2026
Details

Northrop Grumman Federal Credit Union Roy, UT
IRA Savings 60 Month
3.60%
$0
Rate 3.60%
Min Deposit $0
Last Updated 03/05/2026
Details

UTAH COMMUNITY Vineyard, UT
Money Market Account
3.60%
$0
Rate 3.60%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 3.60% APY on balances $1,000,000 +

UTAH COMMUNITY Vineyard, UT
Money Market Savings
3.60%
$0
Rate 3.60%
Min Deposit $0
Last Updated 03/05/2026
Details

Northrop Grumman Federal Credit Union Roy, UT
IRA Savings 24 Month
3.59%
$0
Rate 3.59%
Min Deposit $0
Last Updated 03/05/2026
Details

State Bank of Southern Utah Tropic, UT
MONEY MARKET ACCOUNTS
3.56%
$0
Rate 3.56%
Min Deposit $0
Last Updated 03/05/2026
Details

Northrop Grumman Federal Credit Union Roy, UT
IRA Savings 36 Month
3.55%
$0
Rate 3.55%
Min Deposit $0
Last Updated 03/05/2026
Details

UMB Bank Midvale, UT
UMB Retail Money Market Tier II - 24,999.99
3.51%
$10,000
Rate 3.51%
Min Deposit $10,000
Last Updated 03/05/2026
Details $10,000

UMB Bank Midvale, UT
UMB Retail Money Market Tier III - 49,999.99
3.51%
$25,000
Rate 3.51%
Min Deposit $25,000
Last Updated 03/05/2026
Details $25,000

UMB Bank Midvale, UT
UMB Retail Money Market Tier IV - 74,999.99
3.51%
$50,000
Rate 3.51%
Min Deposit $50,000
Last Updated 03/05/2026
Details $50,000

UMB Bank Midvale, UT
UMB Retail Money Market Tier V - 99,999.99
3.51%
$75,000
Rate 3.51%
Min Deposit $75,000
Last Updated 03/05/2026
Details $75,000

UMB Bank Midvale, UT
UMB Retail Money Market Tier VI - 999,999.99
3.51%
$100,000
Rate 3.51%
Min Deposit $100,000
Last Updated 03/05/2026
Details $100,000

UMB Bank Midvale, UT
UMB Retail Money Market Tier VII & over
3.51%
$1,000,000
Rate 3.51%
Min Deposit $1,000,000
Last Updated 03/05/2026
Details $1,000,000

Deseret First Federal Credit Union West Valley City, UT
Mission Savings Fund
3.50%
$0
Rate 3.50%
Min Deposit $0
Last Updated 03/05/2026
Details Loyalty Rate 3.93%, Loyalty APY 4.00% on balances $0-$15,000

Granite Federal Credit Union West Valley, UT
Money Market Account
3.50%
$0
Rate 3.50%
Min Deposit $0
Last Updated 03/05/2026
Details *Bonus Rate *+1.50

Baxter Credit Union Draper, UT
Money Market Special Intro rate
3.50%
$0
Rate 3.50%
Min Deposit $0
Last Updated 03/05/2026
Details $15,000+

Deseret First Federal Credit Union West Valley City, UT
Business Money Market
3.45%
$0
Rate 3.45%
Min Deposit $0
Last Updated 03/05/2026
Details

Utah First Federal Credit Union Woods Cross, UT
Money Market
3.45%
$0
Rate 3.45%
Min Deposit $0
Last Updated 03/05/2026
Details

America First Federal Credit Union West Valley City, UT
Money Market
3.45%
$0
Rate 3.45%
Min Deposit $0
Last Updated 03/05/2026
Details $250,000.00-$999,999.99

Deseret First Federal Credit Union West Valley City, UT
Money Market Accounts
3.45%
$0
Rate 3.45%
Min Deposit $0
Last Updated 03/05/2026
Details

UTAH COMMUNITY Vineyard, UT
Share Savings Account
3.45%
$0
Rate 3.45%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 3.45% APY on balances $250,000 - $999,999.99

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Utah directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions' own digital properties and manually verifying the yields daily, we ensure that every savings rate displayed on savingsaccount.monitorbankrates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Utah. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized savings rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield savings accounts from large national institutions available to savers in UT.

Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly based on market conditions, every single savings product listed on our platform features its own specific "last updated" date. This gives you absolute transparency into exactly when that specific yield was confirmed.

Disclaimer: Savings rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions in Utah. It is always advisable to check with the specific financial institution's official website for the most current offers and terms. Last Updated and Verified: March 5, 2026

How to Find the Best Savings Account in Utah

  1. Compare APY (Annual Percentage Yield) The APY determines how much interest you will earn in a year. Unlike simple interest, APY includes compound interest. Always look for the highest APY to maximize your earnings.
  2. Check Minimum Deposit Requirements Some high-yield savings accounts require a large initial deposit (e.g., $5,000 or $10,000) to earn the advertised rate. Ensure you can meet these minimums before applying.
  3. Review Monthly Fees Avoid accounts that charge monthly maintenance fees, as these can eat into your interest earnings. Many online banks and credit unions offer no-fee savings accounts.
  4. Verify FDIC or NCUA Insurance Ensure your money is safe. Banks should be FDIC insured, and Credit Unions should be NCUA insured. This protects your deposits up to $250,000 per depositor.

Frequently Asked Questions for Utah

What are the current savings rates in Utah and the surrounding area
Below is a list of current savings and money market rates available for Utah. We track lenders daily to provide the most up-to-date APY and term information.

Lender / Product
APY
Min Dep
Cyprus Federal Credit Union
Dream Round Up Savings
10.00%
$0
Varo Bank
High interest savings accounts
5.00%
$0
Varo Bank
High-Yield Savings
5.00%
$0
Cyprus Federal Credit Union
Teen Learn & Earn Savings
5.00%
$0
Granite Federal Credit Union
Tier 1 YoungInvestor Savings
5.00%
$0
Lender / Product
APY
Min Dep
Chartway Credit Union
Smart Steps Savings
4.50%
$0
Pitney Bowes Bank
Business Savings Account Standard Rate
4.25%
$0
Granite Federal Credit Union
Business Builder Money Market
4.00%
$0
Bread Financial
High-Yield Savings Account
4.00%
$100
LendingClub
LevelUp Savings
4.00%
$0
Last Updated and Verified: March 5, 2026
What is a High-Yield Savings Account?
A high-yield savings account is a type of savings account that pays a significantly higher interest rate (APY) than standard savings accounts. These are often offered by online banks that have lower overhead costs than traditional brick-and-mortar banks.
Are online savings accounts safe?
Yes, as long as the online bank is FDIC insured. This provides the same level of protection (up to $250,000 per depositor) as a traditional bank. Always check for the FDIC logo on the bank's website.
Can I withdraw money from a savings account anytime?
Yes, but there are limits. Federal Regulation D used to limit certain withdrawals to 6 per month, though this has been suspended. However, individual banks may still enforce transaction limits or charge fees for excessive withdrawals.
Do savings rates change?
Yes, savings rates are variable and can change at any time based on the Federal Reserve's benchmark interest rates and market conditions. Unlike a CD (Certificate of Deposit), your savings rate is not locked in.

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