Zions Bank Review: Regional Locations With Online Accessibility
Written by
Rudri Patel
Edited by
Elizabeth Constantineau
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Sign up for Anytime Checking with a $50 minimum deposit and no monthly maintenance fee.Â
Zions Bank is a regional bank offering personal banking accounts like checking, savings, CDs and money market accounts. The bank also offers business banking, investment options and loans.
Whether you are in the military, need a basic checking account or want to earn interest on your balances, Zions Bank has five checking account options to meet your needs. Zions Bank also offers customers business banking, insurance and investment products in person and online. GOBankingRates awarded Zions Bank as one of the Best Banks in Nevada and Idaho for 2025.
Zions Bank Checking AccountsÂ
Zions Bank offers five checking accounts. Here are some key points to know about them:
- Anytime Checking, Anytime Interest Checking, Military Advantage Checking and Premium Interest Checking require a $50 deposit.
- OnBudget Banking has a $25 minimum deposit.
- The Anytime Checking account has no maintenance fees.Â
- Anytime Checking is a basic account that allows account holders to write checks and access digital banking services.
- Anytime Interest Checking allows you to earn interest but has a $10 monthly maintenance fee. The fee can be waived if you have a $1,500 daily balance or a combined deposit and loan balance of $10,000.
- OnBudget Banking has a $5 monthly maintenance that cannot be waived. This account does not allow overdrafts.
- Premium Interest Checking offers higher interest rates. It has a $20 monthly maintenance fee that can be waived in two ways — if you have a combined deposit balance of $10,000 or a combined deposit and personal loan balance of $25,000.
- Military Advantage Checking has no monthly service fee.
Best For
Mobile App
Low Monthly Fees
Banking in Idaho
Banking in Nevada
Loan Options
Low Monthly Deposits
Zions Bank offers five checking account options to fit various needs. From fee-free basics to interest-earning accounts, you can find an account that works for your lifestyle.
Fees
$0 to $20 monthly
APY
Up to
Min Opening
$25 to $50
Pros
- Variety of checking accounts
- Basic checking has no maintenance fees
- Some checking accounts earn interest
Cons
- Monthly maintenance fees on some checking accounts may be burdensome if they cannot be waivedÂ
- Interest earnings on checking accounts are low
- Limited physical branchesÂ
Quick Take
Zions Bank has checking accounts that can work in various financial situations. If you want a basic checking account with no fuss or would like to earn interest on your large balances, Zions has a match for you.
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Zions Bank Savings Accounts
Zions Bank has a traditional savings account and a kid’s savings account.
- The traditional savings account requires a $50 opening deposit and has a monthly maintenance fee of $3.
- The $3 fee for the traditional account can be waived if you keep a minimum balance of $200 or receive a minimum of $25 in automatic transfers from a linked checking account.
- The minimum opening deposit for a Young Savers account is $5, and no monthly maintenance fees exist.Â
- The traditional savings account requires a $50 minimum deposit.
- Young Savers account requires a low minimum deposit.
- Six withdrawals or transactions are allowed per month.
- APYs are tiered and vary depending on your account balance.Â
Best For
Mobile App
Low Monthly Fees
Banking in Idaho
Banking in Nevada
Loan Options
Easy To Waive Fees
Zions Bank offers accessible savings accounts for adults and kids alike. While the Young Savers account fosters savings habits, the traditional savings account has a low minimum deposit and flexible fee structure.
Fees
$0 to $3 monthly
APY
Up to
Min Opening
$5 to $50
Pros
- Low minimum deposit
- Monthly fee is easily waivableÂ
- Young Savers Account encourages kids to save
Cons
- Interest rates are lowÂ
- Limited physical locations
- Withdrawal limitations
Quick Take
Zions Bank offers two savings accounts. The Young Savers account encourages young children to save. The traditional savings account has a low minimum deposit, but you will likely find higher APYs elsewhere.Â
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Zions Bank CDs
Zions Bank has CDs that range from seven days to 5 years.
- Standard CDs require a $1,000 minimum deposit
- Jumbo CDs require a $100,000 minimum deposit.
- Interest is compounded daily and paid monthly.
- APYs range depending on term and go up to on standard CDs.
- CDs automatically renew.
Best For
Mobile App
Low Monthly Fees
Banking in Idaho
Banking in Nevada
Loan Options
Varying Term Lengths
Zions Bank offers flexible CD options with a low minimum deposit, but interest rates tend to be lower compared to other banks. CDs automatically renew, and FDIC insurance ensures your savings are protected.
Fees
Early withdrawal penalties may apply
APY
Up to
Min Opening
$1,000 to $100,000
Pros
- Standard CDs have a low minimum depositÂ
- FDIC insured
Cons
- There is no APY offered for terms of 7 days
- APYs are generally lowÂ
- CDs must be opened at a branch
Quick Take
Zions Bank offers standard and jumbo CDs at varying terms. However, APYs are lower, and CDs that are less than a month earn no interest. Also, CDs need to be opened in person at a branch, and if you don’t live in Idaho, Wyoming or Utah, the option isn’t accessible to you.
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Zions Bank Money Market Accounts
Zions Money Market account requires a $500 minimum deposit. The interest rate is variable, but you can get a higher APY with more significant balances. There is no monthly maintenance fee and you can write checks against your balance.Â
- Minimum of $500 opening deposit.
- Limited to six withdrawals and transfers a month.
- Only balances over $1,000 earn interest.
- FDIC insured account.
Best For
Mobile App
Low Monthly Fees
Banking in Idaho
Banking in Nevada
Loan Options
No Monthly Fees
Zions Bank’s Money Market account offers a low minimum deposit and no monthly fees, but only balances over $1,000 will earn interest. While check writing is available, interest rates may be lower compared to other banks.
Fees
No monthly service fee
APY
Up to
Min Opening
$500
Pros
- Low minimum deposit
- Check writing capabilitiesÂ
- No monthly maintenance fees
Cons
- Only balances over $1,000 will earn interest
- Transaction limitations
Quick Take
Zions Bank has a minimum deposit of $500 for its money market account with no monthly maintenance fee. However, if you want to earn interest, you will need a balance of over $1,000. Interest rates are likely higher at competing institutions.
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Banking Experience
Zions Bank is a regional, brick-and-mortar bank that offers a lot to customers. Here’s a look at the service and accessibility.
Customer Service
Besides visiting a local branch, you can reach customer service Monday through Saturday from 6 a.m. to 9 p.m. MT at 888-307-3411.
Accessibility
There are 121 branches throughout Utah, Idaho and Wyoming. However, it’s possible to handle most of your needs using the online platform, mobile app and Zions Bank ATMs. The machines accept cash deposits and handle other banking needs.
ATM users should know that Zions Bank charges $2.50 when they make a transaction or balance inquiry at a non-Zions Bank network ATM. The daily withdrawal limit on a Zions Bank Visa debit card is $500, but point-of-sale and signature purchase daily limits are much higher at $15,500.
Mobile App and Digital Experience
Zions Bank offers online banking and a mobile app. Online banking includes 24-hour access to your balance and transaction history, including loans and credit card balances. You can pay your bills online and transfer money to others with Zelle.Â
The mobile banking app lets you manage your accounts anywhere, anytime, and you can deposit checks quickly and easily. You can also get your account statements and tax documents online, save paper and help the environment. However, travel notifications and e-documents aren’t available via the app. You’ll need the desktop version of online banking for those features.
You can download the app from Google Play, which received a rating of 4.5 out of 5 stars. The iOS version earned a 4.7 rating out of 5.
Comparable Banks
When seeking out a new bank, looking at all your options is best. Here’s how Zions Bank stacks up to the competition.
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$0 to $20 monthly
$0 or $12, with options to waive
$13 to $22 per month
APY
APY
APY
Up to
N/A
Up to
Min Opening
Min Opening
Min Opening
$25 to $50
$0
$50 to $1,000
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$0 to $3 monthly
$5 monthly, waivable
$5 monthly — can be waived
APY
APY
APY
Up to
Min Opening
Min Opening
Min Opening
$5 to $50
$0
$50
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
Early withdrawal penalties may apply
No monthly service fee
Early withdrawal penalties will apply
APY
APY
APY
Up to
Up to
Up to
Min Opening
Min Opening
Min Opening
$1,000 to $100,000
$1,000
$1,000
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
No monthly service fee
$12 to $25
APY
APY
APY
Up to
to
Up to
Min Opening
Min Opening
Min Opening
$500
$25
$50
Zions Bank vs. Wells Fargo
Wells Fargo serves 1 in 3 households in the U.S., making it one of the most popular banks in the country. But Zions Bank offers higher interest rates and more personalized service.
Zions Bank vs. Chase
Chase has a product assortment that puts most regional banks to shame, and it often offers a new account opening bonus. But if you’d instead get a higher rate of interest all the time, take a good look at Zions Bank.
Zions Bank vs. ComericaÂ
Comerica Bank has more of a national presence than Zions Bank. Comerica offers similar financial products but also has commercial banking. APYs at Comerica are generally higher than Zions Bank. Zions Bank is primarily a regional bank that serves the Western U.S. For a smaller bank, it has various checking account options, as well as savings and money market choices.
Final TakeÂ
Zions Bank is a regional brick-and-mortar bank with online banking tools, and its online-specific accounts offer better interest rates than its basic accounts.Â
While Zions is clearly catering to the customer who wants to do all their banking online, the mobile app is limited so the bank’s strength still lies in its local presence. That makes it a good choice for online banking customers who want the personalized attention they’ll get from their local branch location.
Zions Bank FAQ
Here are the answers to some commonly asked questions about Zions Bank.- Does Zions Bank work with Zelle?
- Yes, Zions Bank works with Zelle as a part of its digital platform.
- Does Zions Bank charge ATM fees?
- There is no charge to use a Zions Bank ATM. However, if you use a non-network ATM, the fee is $2.50. Also, the other ATM operator may charge you a fee.
- What is the daily transfer limit for Zions Bank?
- The transfer limit for standard payments is $1,500, and instant transfers is $2,000. In a 30-day period, the transfer limit for standard payments is $3,000, and instant transfers are $5,000. There are no limits to receiving funds.
- What services does Zions Bank offer?
- Zions Bank has personal banking services, including checking, savings, money market accounts and CDs. The bank also offers business checking accounts, investment management, financial planning and private mortgage services.
Daria Uhlig, Cynthia Bowman and Karen Doyle contributed to the reporting for this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Dec. 17, 2024.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
To discover the Best Banks by state, GOBankingRates analyzed the top institutions (excluding online banks and neobanks) by state branch locations. To determine rankings, GOBankingRates looked at the following factors: (1) total assets as sourced from the FDIC; (2) checking product minimum deposit; (3) monthly checking fee ratio (percentage of the minimum to avoid fees compared to the monthly fee itself); (4) savings product minimum deposit; (5) savings product APY; (6) Bauer rating (out of 5 stars); (7) products/services offered (auto loans, mortgage loans, credit cards, investment services and insurance); and (8) the average mobile app rating between the Google Play (Android) and Apple stores. All factors were then scored and combined, with the lowest score being the best. Factors (1), (2) and (4) were weighed 0.5 times, factor (5) was weighed 2.5 times and factor (7) was weighed 1.5 times. All products and offerings had to be available as of Nov. 8, 2024, to be considered. Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Dec. 17, 2024.
To qualify as one of the Best Banks in the state, the institution needed at least five branch locations in the respective state, with some exceptions for larger and/or smaller states.
