KeyBank is offering one of the largest business checking bonuses currently available. Eligible new business customers can earn a $1,000 welcome bonus by opening a Key Business Reward Checking® account and maintaining a qualifying balance for 90 days.
Available in AK, CO, CT, ID, IN, MA, ME, MI, NY, OH, OR, PA, UT, VT, or WA.
The offer is only available locally. If you’re looking for offers available nationwide, check out our top picks here—including huge offers from Chase, CIT Bank and Axos Bank that you won’t want to miss!
KeyBank Business Checking Bonus
Bonus Amount: $1,000
Account: Key Business Reward Checking®
Offer Expiration: November 6, 2026
How to Earn the $1,000 Bonus
To qualify for the bonus, complete the following steps:
- Open a new Key Business Reward Checking® account with a banker by July 24, 2026.
- Make the required $25 minimum opening deposit.
- Deposit a total of $25,000 or more within 30 days of account opening.
- Maintain an end-of-day balance of at least $25,000 for 90 consecutive days after first reaching that balance.
- Keep the account open until the bonus is paid.
After all requirements have been met, KeyBank will deposit the $1,000 bonus within 60 days.
TRENDING DEAL:
Account Features
The Key Business Reward Checking account includes several features designed for growing businesses, including:
- 200–500 included monthly transactions (depending on relationship level)
- Unlimited ACH transfers and bill pay
- Online and mobile banking with mobile check deposit
- Access to over 40,000 KeyBank and Allpoint® ATMs
- Overdraft protection options
- Monthly maintenance fee that can be waived by meeting relationship requirements
Monthly Maintenance Fee
The $25 monthly maintenance fee is waived for the first two months.
After that, you can avoid the fee by meeting one of the following requirements:
- Maintain an average ledger balance of $7,500 in the checking account.
- Maintain $20,000 or more in combined qualifying business deposit accounts and/or eligible business loans.
- Subscribe to Key Merchant Services.
Sole proprietors may also be able to combine certain qualifying personal and business balances to meet the relationship requirement.
Important Terms
Before applying, keep these conditions in mind:
- Available only to businesses that have not had a KeyBank business checking or savings account within the previous 12 months.
- Limited to one bonus per business entity (SSN/EIN).
- A valid U.S. address and SSN or EIN are required.
- The account must remain open to receive the bonus.
- The $1,000 bonus will be reported as taxable interest on Form 1099-INT.
- If your account balance drops below $25,000 at any time during the required 90-day maintenance period, you will no longer qualify for the promotion.
See the Best Checking & Savings Account Bonuses and Start Earning Free Cash Today
Is the KeyBank $1,000 Business Bonus Worth It?
For businesses that can comfortably keep $25,000 on deposit for about three months, this is one of the strongest business checking promotions available. The requirements are straightforward—fund the account, maintain the qualifying balance, and keep the account open until the bonus is paid.
While the required balance is significantly higher than many competing offers, the $1,000 cash bonus provides an attractive return on idle business funds. Combined with unlimited ACH transactions, mobile banking, and multiple ways to waive the monthly maintenance fee, the Key Business Reward Checking account is a compelling option for businesses seeking both a generous welcome offer and ongoing banking features.
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