KeyBank is offering up to $500 in referral bonuses. When you refer a friend to open a new checking account, both you and your friend will earn $100 after they meet the offer requirement. You can refer up to 5 friends to earn up to $500 per year.
- Update 9/29/2023: According to their website, the referral program is temporarily unavailable. Check back soon later to continue referring your friends and earning rewards.
- Update 7/26/2023: Referral program may no longer be available. Check the link below.
- Update 1/5/2023: Offer has been extended until 12/31/2023. Details below.
- Update 11/11/2022: KeyBank is also offering a $200 checking bonus. The offer has been extended until December 9, 2022. Read about it here.
KeyBank has a long history and was originally organized in 1865, and is now headquartered in Cleveland, Ohio. They have around 1200 branches across the following states: Alaska, Colorado, Connecticut, Florida, Idaho, Indiana, Maine, Massachusetts, Michigan, New York, Ohio, Oregon, Pennsylvania, Utah, Vermont, and Washington.
See the bottom of this page for more offers from KeyBank.
[Paused] KeyBank Bonus: $100 Per Referral, Up To $500
- What you’ll get: You and your friend each get $100.
- Where it’s available: AK, CO, CT, FL, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- How to earn it:
- Send your friend a custom URL they can use to open a new KeyBank checking account (get the URL from the offer link).
- Earn $100 when your friend opens a new checking account with minimum opening deposit by the expiration date and makes one direct deposit of at least $500 in the first 60 days.
- Your $100 gift will be delivered to you within 60 days of meeting the requirements as long your account is open and not overdrawn.
- Your friend gets a great new account and $100, too.
- When it expires: 12/31/2023
- You must be a current KeyBank consumer checking or savings client at the time of referral.
- Referrals must be made with the email address of the primary account holder/owner.
- The client you refer must be the primary owner on the account they open.
- The client you refer must open a Key Smart Checking® account with a minimum opening deposit of $10 (this is the basic banking account in NY), or a Key Advantage®, Key Privilege®, or Key Privilege Select Checking® account with a minimum opening deposit of $50 and make a single direct deposit of $500 or more within 60 days after account opening (direct deposit transactions are limited to payroll, Social Security, pension and government benefits)in order for you to receive your referral gift of $100.
- Referee offer is available to clients who do not have or haven’t had a KeyBank Hassle-Free Account® or a KeyBank checking account during the past 12 months.
- Due to privacy regulations, KeyBank is unable to disclose the status of your referral’s account opening and account usage.
- Your existing checking account must be open and in good standing upon gift payment.
- Your gift will be delivered within 60 days of the referred new client meeting all requirements.
- If the Referee accepts a different promotion available in market, other disclosures may apply.
- Employees of KeyBank, its affiliates, or subsidiaries are not eligible to receive the $100 referral gift.
- Offer is subject to cancellation without notice.
- The maximum you can earn by referring new KeyBank clients is $500 per qualifying customer per calendar year.
- Your participation in this program may result in the receipt of taxable income from KeyBank and we may be required to send to you, and file with the IRS, a Form 1099-MISC (miscellaneous income).
- You are responsible for any tax liability, including disclosure requirements, related to participating in this program.
- Please consult your tax advisor if you have any questions about your personal tax situation.
- Offer cannot be sold/auctioned.
More from KeyBank:
- KeyBank Promotions: $200 Checking Account Bonus – Ends 12/8/23
- Key2More Rewards Credit Card 50,000 Bonus Points ($100 Value)
- KeyBank Student Checking Account Review (Students 16 To 24)