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  Zions Bank® Savings Account
Zions Bank® Savings Account
in Savings Accounts from Zions Bancorporation
Unaffiliated

Zions Bank® Savings Account

Unaffiliated
in Savings Accounts from Zions Bancorporation
Net Recommendation Score -100  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.

-100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Rating not yet determined  

0 users recommend
0 users are unsure
1 user doesn't recommend
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Highlights
Community Rating

Rating not yet determined  

Monthly Fee $3
APY (Annual Percentage Yield) 0.03%
Minimum Balance to Earn APY N/A

Zions Bank® Savings Account Review

Zions Bank® Savings Account is offered by Zions Bancorporation, founded in 1873 and based in Salt Lake City, UT. Zions Bank® Savings Account is available in 51 states across the USA.

Key Takeaways
  • Low APY. The maximum annual percentage yield for this account is only 0.03%.
  • Charges a monthly fee. This account charges a monthly service fee of $3, but the fee is waived if you keep a minimum balance of $200, have a monthly direct deposit of $25, or $200 combined balance accross eligible accounts..
Zions Bank® Savings Account Pros & Cons
Pros Cons
  • Available in all 50 states.
  • Interest-yielding account.
  • No signup bonus.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • Not FDIC-insured.
  • Higher than average wire transfer fees.
  • Monthly service charge (if minimums are not met).
Zions Bank® Savings Account FAQ

Are savings accounts from Zions Bancorporation federally insured?

No, your Zions Bancorporation savings accounts are not insured by a federal insurance agency. This means that if Zions Bancorporation were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

Does Zions Bancorporation offer a signup bonus?

Zions Bank® Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for Zions Bank® Savings Account?

The minimum deposit to open a Zions Bank® Savings Account is $50.
Zions Bank® Savings Account Minimums
Description
Minimum Balance to Avoid Monthly Fee Starting at $200
Minimum Combined Balance to Avoid Monthly Fee $200
Minimum Direct Deposit to Avoid Monthly Fee $25
Minimum Opening Deposit Starting at $50

What APY does Zions Bancorporation offer?

Zions Bank® Savings Account offers an APY of 0.03% (APY stands for annual percentage yield, rates may change).

The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually.

What fees does Zions Bank® Savings Account charge?

This account charges a monthly service fee of $3. However, you can waive the monthly fees if you have a minimum daily balance of $200. Avoid the monthly fees by setting up a direct deposit of at least $25.You can also waive the fee by keeping a combined balance of $200.

  • Outgoing domestic bank transfers come with a $25 fee.
  • Incoming domestic bank transfers come with a $15 fee.
  • Outgoing international bank transfers come with a $41 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Incoming international bank transfers come with a $18 fee.
  • Zions Bank® Savings Account charges a $10 fee for an early account closure. Contact Zions Bank® Savings Account for more details on what is considered an early closure.
  • Zions Bank® Savings Account charges $5 every time you request a paper statement.

Can you set up a direct deposit to Zions Bank® Savings Account?

In most cases, the answer is yes. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Zions Bank® Savings Account?

The customer support email for Zions Bank® Savings Account is james.abbott@zionsbancorp.com.

How do people rate the customer service and user experience of Zions Bank® Savings Account?

Overall, Zions Bank® Savings Account is strongly not recommended based on community reviews that rate customer service and user experience.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $200
Minimum Combined Balance to Avoid Monthly Fee $200
Minimum Direct Deposit to Avoid Monthly Fee $25
Minimum Opening Deposit Starting at $50
Early Account Closure $10
Monthly Fee $3
Paper Statement Fee $5
Returned Deposit Fee (Domestic) $10
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $18
Wire Transfer Fee - International (Outgoing) $41
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Proof of Identity
  • Social Security Number
APY (Annual Percentage Yield) 0.03%

Zions Bank® Savings Account Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.

-100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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