Instant Pot Elvis-Style Steel Cut Oatmeal

Elvis famously downed heaping platefuls of peanut butter and banana sandwiches grilled up by his mother, Gladys Presley. In this version, we swap Elvis’s bread (which most accounts describe as being cooked in bacon fat!) for a much healthier alternative: steel cut oats. And in the Instant Pot, it can be on the table in just about 30 minutes!

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This creamy confection would still make The King proud. The luscious peanut butter anchors the dish, providing just the right counterpoint for the sweet creaminess of the banana. Just the right amount of sugar and cinnamon balance out the flavors for pure oat-filled enjoyment.

Steel-cut oats are great to make in the Instant Pot. There’s no stirring, no babysitting, no worrying about the oats burning on the bottom. Like a lot of Instant Pot recipes, you just set it and forget it.

Steel cut oats (also known as Irish oats) are among the healthiest grains you can eat. They are high in fiber, low on the glycemic index, naturally gluten-free and a great source of iron. Peanut butter and banana not only go great together but pack a punch of additional nutrition. Peanut butter is a great source of protein and fiber, while bananas are rich in vitamin B-6, vitamin C and potassium.

This creamy confection would make The King proud.


  • 2 tbsp butter
  • 1 1/2 cups steel-cut oats
  • 4 1/2 cups water
  • 1/2 tsp kosher salt
  • 1/3 cup brown sugar
  • 1/3 cup peanut butter
  • 2 bananas, sliced
  • Cinnamon, for serving
  • Half and half or cream, for serving (optional)


  1. Add butter to the Instant Pot. Using the display panel select the SAUTE function.
  2. When butter melts, add the oats and saute, stirring often, for about 5 minutes or until lightly toasted and fragrant.
  3. Add the water and salt and stir to combine, ensuring all oats are submerged.
  4. Turn the pot off by selecting CANCEL, then secure the lid, making sure the vent is closed.
  5. Using the display panel select the MANUAL function*. Use the +/- keys and program the Instant Pot for 12 minutes.
  6. When the time is up, let the pressure naturally release for 10 minutes, then quick-release the remaining pressure.
  7. Stir the oatmeal to incorporate remaining liquid, then stir in brown sugar and peanut butter until combined.
  8. Serve hot topped with bananas, a sprinkle of cinnamon and a drizzle of half and half or cream (optional).

*The MANUAL and PRESSURE COOK buttons are interchangeable.