In this study, the influence of interface states between an indium tin zinc oxide (ITZO) active layer and a gate insulator on memory characteristics was examined as a function of annealing temperature. The annealing nonvolatile memory (NVM) devices have shown the best electrical characteristics such as high field effect mobility (27.22 cm 2 V −1 s −1 ), low threshold voltage (0.15 V), low subthreshold slope (0.17 V dec −1 ), and high on/off current ratio (7.57 × 10 7 ) in comparison with as-deposited devices. By annealing at 250 °C, the number of ITZO/insulator interface trap densities was reduced. The effect of the remaining trap states on the retention characteristic of memory devices is negligible. The performance of NVM devices using different annealing temperatures of ITZO and a multi-stack gate insulator SiO 2 /SiO x /SiO x N y with Si-rich SiO x for the charge storage layer was also reported. The 250 °C annealed ITZO-based NVM device showed a retention exceeding ∼94% of the threshold voltage shift after 10 4 s and greater than ∼90% after 10 years with a low operating voltage of +11 V at only 1 μs programming duration time. Therefore, the NVM devices, which were fabricated by the low ITZO/insulator interface trap densities, were highly suitable for potential application in memory systems.