The offer for Key Select Checking ended but you can still get $300 for the Key Smart Checking account. Read about it here.
Key Takeaways
- $300 Cash Bonus: Open your Key Select Checking® account by December 20, 2024, and meet simple requirements to earn.
- Waive Monthly Fees: Multiple ways to avoid the $25 monthly fee, making premium banking accessible.
- Early Pay Feature: Get access to your paycheck up to two days early, enhancing your financial flexibility.
- Automatic Savings with EasyUp®: Simplify saving or debt repayment with automatic transfers on transactions.
- Comprehensive Overdraft Protection: Link to eligible accounts for fee-free overdraft coverage.
- Extensive ATM and Branch Network: Enjoy convenient access to your funds nationwide.
- Robust Online and Mobile Banking: Manage your finances securely and efficiently, anytime and anywhere.
Introduction
KeyBank raises the bar with its Key Select Checking® account, elevating the banking experience by combining premium features with the opportunity to earn interest and annual rewards, making it an attractive option for those looking to enhance their financial well-being.
KeyBank stands out as a leading financial institution, known for its dedication to customer satisfaction and financial wellness. With an extensive network of branches and nationwide ATMs, KeyBank provides a range of innovative banking products and services, including the Key Select Checking® account, to meet the diverse needs of its clientele.
Key Select Checking®: KeyBank $300 Checking Bonus
KeyBank is offering a deal for new customers: earn a $300 cash bonus with the Key Select Checking® account. The account is designed for those who value both functionality and rewards in their banking experience:
The promotional period runs until December 20, 2024, making now the perfect time to consider switching or opening a new account.
- What you’ll get: $300
- Where it’s available: AK, CO, CT, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- How to earn it:
- Open a Key Select Checking account online by December 20, 2024.
- Make a minimum opening deposit of $10, plus one eligible direct deposit of at least $1,000 within the first 60 days of account opening.
- Your $300 cash bonus will be deposited into your account within 60 days of meeting requirements. Account must not be closed at the time of gift payment.
- When it expires: December 20, 2024
Waive The Monthly Fee
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 Checking Features
Key Select Checking® distinguishes itself with several key features:
Relationship Benefits
KeyBank places a strong emphasis on rewarding customer loyalty through its Relationship Benefits. This program is a standout feature, offering enhanced interest rates on savings and money market accounts, which can significantly boost your savings growth over time. Additionally, customers can enjoy more cash back options, discounts on loans, and other financial perks.
Early Pay
The Early Pay feature offers the flexibility of receiving paychecks up to two days early with eligible direct deposits. This can be particularly beneficial for budgeting, emergency expenses, or simply gaining earlier access to your funds, providing a much-needed financial cushion.
EasyUp® Automatic Savings
KeyBank’s EasyUp tool allows you to effortlessly build savings or pay down debt. By automating the savings process, it eliminates the mental barrier and procrastination that often accompany financial planning. This feature is ideal for those who struggle to save consistently, making financial goals more attainable.
Key Coverage ZoneSM
Understanding the occasional financial oversight, KeyBank offers the Key Coverage ZoneSM. If your account is overdrawn by $20 or less at the end of the day, you’re spared from an overdraft fee. This small buffer can make a significant difference, preventing a minor mistake from becoming a financial setback.
Account Alerts
Staying informed about your account activity is crucial, and KeyBank’s customizable account alerts provide just that. Whether it’s a low balance warning, unusual activity, or a reminder of upcoming payments, these alerts can be received via text or email, ensuring you’re always in the know and can act swiftly when necessary.
Secure Online and Mobile Banking
KeyBank delivers robust options for managing your finances on the go, including mobile check deposits, bill payments, money transfers, and card management. This level of accessibility and security is what customers expect and need for their everyday banking.
Convenient Branches and ATMs
Accessibility remains a priority for many, and with KeyBank’s extensive network of branches and ATMs, including free access to KeyBank and Allpoint® ATMs nationwide, customers can enjoy easy and cost-effective banking transactions across the country.
KeyBank Debit Mastercard®
The KeyBank Debit Mastercard® rounds out the suite of features with advanced security measures, Tap & Go technology, and the comprehensive benefits of Mastercard. This card is not just a tool for accessing your funds but a gateway to a broader range of financial services and protections.
Overdraft Protection
Lastly, KeyBank’s overdraft protection links your checking account to an eligible credit or savings account to cover overdrafts without a transfer fee. This safety net ensures that in the event of an oversight, you’re protected from the potential ripple effects of overdraft fees.
About KeyBank
KeyBank, a subsidiary of KeyCorp, is a regional bank headquartered in Cleveland, Ohio, and stands as one of the largest banks in the United States. With a rich history that dates back over 190 years, KeyBank has grown through numerous acquisitions and expansions to establish a significant presence across the country. They operate branches in several states across the United States, primarily in the Northeast, Midwest, Rocky Mountains, and Pacific Northwest regions. The states where KeyBank has a notable presence include:
- Alaska
- Colorado
- Connecticut
- Idaho
- Indiana
- Maine
- Massachusetts
- Michigan
- New York
- Ohio
- Oregon
- Pennsylvania
- Utah
- Vermont
- Washington
KeyBank’s network includes hundreds of branches and ATMs, offering a wide range of banking services to individuals, small businesses, and commercial clients. The bank’s footprint allows it to serve a diverse clientele across various geographic locations, providing them with access to banking services, financial advice, and digital banking solutions.
More KeyBank Bonus Offers
Beyond the Key Select Checking® account bonus, KeyBank has other bank bonus offers available.
Read about these other offers here:
Our Take on the Bank Offer
The $300 offer for opening a new Key Select Checking account is a sweet deal, and the chance to get a $100 cash bonus year after year just adds to the excitement. The account caters to those looking for a premium checking experience that earns interest. If a premium checking solution with these perks aligns with your financial aspirations, then your search ends here.
By John Huynh, with over two decades in finance and investing, including as a Senior Finance & Operations Manager at a renowned research institute and degrees in Economics and International Studies from UC Irvine. Edited by Tony Jay, a seasoned finance blogger and Executive Editor with two decades in banking, specializing in online banking and savings strategies. Tony holds a doctorate from Tulane University.
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