Find the latest KeyBank bonuses, promotions, and offers here.
KeyBank is offering $100, $200 bonuses when opening a qualifying account and meeting the requirements.
Update 4/19/24:
- If you’re in the market for a new checking account and live within the KeyBank footprint, you can earn a generous bonus for signing up! You have a choice between the Key Smart Checking® and Key Select Checking®.
- The KeyBank Key Select Money Market Savings® account offers a competitive rate for a brick and mortar branch.
About KeyBank Bonuses Review
The Consumer Bank serves individuals and small businesses throughout their 15-state branch footprint and through their national Laurel Road® digital lending business targeted toward healthcare professionals by offering a variety of deposit and investment products, personal finance and financial wellness services, lending, student loan refinancing, mortgage and home equity, credit card, treasury services, and business advisory services. In addition, wealth management and investment services are offered to assist nonprofit and high-net-worth clients with their banking, trust, portfolio management, charitable giving, and related needs.
The Commercial Bank includes their Institutional and Commercial operating segments. The Commercial operating segment is a full-service corporate bank focused principally on serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate, and technology. The Commercial operating segment is also a significant servicer of commercial mortgage loans and a significant special servicer of commercial-backed mortgage security. The Institutional operating segment delivers a broad suite of banking and capital markets products to its clients, including syndicated finance, debt and equity capital markets, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance.
I’ll go over all KeyBank checking account bonuses & offers below.
KeyBank Key Smart Checking® $200 Checking Bonus
- What you’ll get: $200 Bonus
- Eligible account: Key Smart Checking®
- Availability: AK, CO, CT, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA (Bank Locator)
- Direct Deposit Required: Yes
- Monthly Maintenance Fee: None
- How to earn it:
- Earn $200 by opening a Key Smart Checking® account online by July 19, 2024 and making the minimum opening deposit of $10, plus one direct deposit of at least $500 within the first 60 days of account opening.
- Your $200 cash bonus will be deposited into your account within 90 days of meeting requirements.
- Account must not be closed or restricted during the time of promotional period.
(Expires 07/19/2024)
Fine Print
- You must open a Key Smart Checking® Account (this is the basic banking account in NY) by the expiration date at 11:59 p.m. (ET) and make ONE single KeyBank direct deposit of $500 or more within the first 60 days after account opening to get $200.
- Direct deposit transactions are limited to: payroll, Social Security, pension and government benefits.
- Accounts titled as Trust Accounts, Estate and No Access are excluded from eligibility.
- Employees of KeyBank, its affiliates and subsidiaries are not eligible for this offer.
- One account opening gift per qualifying account. One account opening gift per individual.
- The value of your gift will be reported on Form 1099-INT and deposited into your account within 90 days of meeting requirements.
- Offer not available to individuals who have had a KeyBank checking account or a KeyBank Hassle-Free Account® in the last 12 months.
- Accounts overdrawn or closed at the time of gift payment are not eligible.
- Offer is subject to cancellation without notice.
- KeyBank is not responsible for, and will not honor, promotional offers that appear on non-KeyBank websites or that are not authorized by KeyBank.
- Geographic restrictions apply.
KeyBank Key Select Checking® $200 Account Opening Bonus + $100 Annual Cash Bonus
Earn a $200 bonus when you open a Key Select Checking® account with qualified activities. This is KeyBank’s premium checking account that earns interest and also lets you earn a $100 cash bonus year after year with qualifying activities (this is separate from the $200 welcome bonus – see requirements below).
- What you’ll get: $200 account opening bonus + $100 Annual Cash Bonus
- Eligible account: Key Select Checking®
- Availability: AK, CO, CT, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- Direct Deposit Required: Yes
- Monthly Maintenance Fee: $25; see below on how to waive the fee
- How to earn $200 bonus:
- Earn $200 by opening a Key Select Checking® account online by July 19, 2024 and making the minimum opening deposit of $50, plus one direct deposit of at least $500 within the first 60 days of account opening.
- Your $200 cash bonus will be deposited into your account within 90 days of meeting requirements.
- Account must not be closed or restricted during the time of promotional period.
- How to earn $100 annual bonus:
- Earn $100 year after year with qualified direct deposits. For full details on how to get this annual bonus, click here.
(Expires 07/19/2024)
Fine Print
- Normal account service charges and balance requirements apply to these accounts, including the minimum opening deposit.
- Direct deposit transactions are limited to: payroll, Social Security, pension and government benefits.
- Accounts titled as Trust Accounts, Estate and No Access are excluded from eligibility.
- Employees of KeyBank, its affiliates and subsidiaries are not eligible for this offer.
- One account opening gift per qualifying account. One account opening gift per individual.
- The value of your gift will be reported on Form 1099-INT and deposited into your account within 90 days of meeting requirements.
- Fees may reduce earnings.
- Offer not available to individuals who have had a KeyBank checking account or a KeyBank Hassle-Free Account® in the last 12 months.
- Accounts overdrawn or closed at the time of gift payment are not eligible.
- Offer is subject to cancellation without notice.
- KeyBank is not responsible for, and will not honor, promotional offers that appear on non-KeyBank websites or that are not authorized by KeyBank.
- Geographic restrictions apply.
KeyBank Key Select Money Market Savings®
- What you’ll get: Earn 4.00 – 4.50% interest rate (2.41 – 2.92% blended APY*) for 6 months.
- Eligible account: Key Select Money Market Savings®
- Availability: AK, CO, CT, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- Direct Deposit Required: No
- Monthly Maintenance Fee: $20; waivable (see How To Avoid Monthly Fees)
- How to earn it:
- Earn 4.00 – 4.50% interest rate (2.41 – 2.92% blended APY*) for 6 months on balances of $25,000 to $1,999,999.99 with an increase in total relationship balances of at least $25,000.
- To earn the 6 month bonus APY: Open a new Key Select Money Market savings account. Deposit at least $25,000 to your Key Select Money Market Savings account or other eligible accounts. Maintain a balance of $25,000 to $1,999,999.99 with an increase in total relationship balances of at least $25,000.
(at KeyBank)
*The APY for this account varies by location. Click “Learn More” to find the APY available in your zip code.
Account Features & Benefits
- Relationship Benefits. Earn better interest rates on savings and money market accounts, more cash back, loan discounts and more with KeyBank’s Relationship Benefits.
- Early Pay. Get paid up to two days early with eligible direct deposits to a KeyBank account.
- Competitive Interest Rates. Their interest rates are compounded daily to give you the best possible returns.
- Waivable Monthly Maintenance Fee. To waive the monthly maintenance fee, you need to have either a KeyBank consumer relationship package checking account, or a minimum daily balance of $25,000.
- Check Writing and Transfers. Access your savings anytime with an unlimited number of withdrawals and transfers.
- Secure, Easy Online Banking. Check your balance, make deposits and manage your account anytime with KeyBank online and mobile banking.
- Overdraft Protection. Link a savings account to your checking account to automatically cover overdrafts without a transfer fee.
- FDIC insured
KeyBank Certificates of Deposit (CDs)
With certificates of deposit (CD), you choose the term and your rate is fixed, so you always know what you’ll earn and when you’ll earn it.
- Guaranteed Returns. CD interest rates are fixed, so you grow your money at the same rate for the entire length of the term you choose.
- Interest Payments. Choose to redeem your certificate of deposit at the end of the term or reinvest it to keep earning interest.
- FDIC Insured. Every KeyBank CD is insured.
- Online and Mobile Banking. Check in on your CD growth anytime in KeyBank online and mobile banking.
Certificate of Deposit Accounts at KeyBank
- Short-Term CDs. Short-term savings at a higher interest rate
- Terms from seven days to six months
- Earn more interest than with a traditional savings account
- $2,500 Minimum Opening Balance
- Interest Compounded Daily and Fixed For the Term
- Tiered Long-Term CDs. Get higher interest rates with several term options
- Get higher interest rates with several term options
- Terms from six months to 10 years
- $2,500 Minimum Opening Balance
- Interest Compounded Daily and Fixed For the Term
- High-Yield Jumbo CDs. Intended for balances of $100,000 and greater
- Intended for balances of $100,000 and greater
- Terms from seven days to 120 months
- $100,000 Minimum Opening Balance
- Interest Compounded Daily and Fixed For the Term
Learn more about KeyBank Certificate of Deposits
How To Avoid Monthly Fees
- Key Smart Checking®: No monthly maintenance fee
- Key Select Checking®: The $25 monthly maintenance fee for the Key Select Checking® Account can be waived by:
- Having direct deposits totaling at least $5,000 during each statement period. OR
- Being a Key@Work® program member and having at least $3,000 in cumulative direct deposits each statement period. OR
- Having a combined balance in any combination of KeyBank checking and savings deposit accounts, certificates of deposit, retirement deposits, and Key Investment Services LLC accounts of $15,000 or more.
- Also, the fee is waived for the first three statement cycles.
- Key Select Money Market Savings®: $20 Waivable Monthly Maintenance Fee
- Waive the $20 monthly maintenance fee when you have either a KeyBank consumer relationship package checking account or a minimum daily balance of $25,000.
Conclusion
KeyBank is constantly sharing coupons & bonuses for their checking, savings, and business accounts – too many to keep up with. That’s why we’re here to provide you with the best promotions KeyBank has to offer.
Furthermore feel free to comment on this post with any questions you may have about KeyBank, their accounts they offer, or KeyBank coupon codes for their bonuses.
This bonus from KeyBank is super simple to earn and I recommend taking advantage of the offers & bonuses before it expires.
If you’re not local to any of the States above to apply for KeyBank bonuses, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
Lastly, check back often for more KeyBank Bonuses, Promotions, or Offers!
About KeyCorp: For more information, visit https://www.key.com/.
erica says
I need a reservation code!!!
Sukhi says
Went to a branch at Bethel Park. The manager JOHN at 4996 Library Rd, Bethel Park, PA 15102, was a total complete “JERK”. Asked us if we were there to get $300.00 free money or we really wanted to maintain the bank accounts after we get the $300.00. Later he asked as to how much, the actual amount I was getting from SS. Totally unfit as a manager, asked may embarrassing questions. When I asked why he asked such personal questions, JOHN stated that he was showing the various ways. Told him he [JOHN] was showing us the way to the door. We walked out. Good Luck Key Bank.
John says
The $400 offer is by invitation only. total nonsense and a waste of time. It says nothing about it on the website. Great way to start business by trying to trick people. No thanks
Ty says
TOTAL SCAM! You set up the account online, but can’t make direct deposit until they send debit card. They delay and make excuses and then send you the card after 60 days (too late for promotion), then start charging maintenance fees. STAY AWAY!!
dol says
Listing says available in FL when in fact it is not.
Liz Pham says
The listing has been updated. Thanks for pointing that out Dolores
chris says
seems impossible to open an account online. always gives me an error.