KeyBank is always promoting sign-up bonuses for their Checking and Savings accounts to get new customers. Find these offers updated here.
Typical bonus amounts available:
- $500 KeyBank Bonus
- $400 KeyBank Bonus
- $300 KeyBank Bonus
- $250 KeyBank Bonus
- $200 KeyBank Bonus
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.
For more current offers, see our bank bonuses page. Popular offers can be had from banks like Chase Bank, HSBC Bank, Aspiration, Bank of America, and many more.
KeyBank Promotions Review Below
KeyBank Bonus: $200 Checking Offer

- What you’ll get: $200
- Where it’s available: AK, CO, CT, FL, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- How to earn it:
- Open a Key Smart Checking®, Key Advantage Checking®, Key Privilege Checking®, or Key Privilege Select Checking® account online.
- Use offer code: ONAS0422
- Make ONE single direct deposit of at least $500 within 60 days after account opening.
- Your gift will be deposited into your account within 90 days if your account is open and not overdrawn.
- When it expires: 5/20/2022
Waive The Monthly Fee
- Key Smart Checking Account has no monthly service fees and no minimums
- As a Key Privilege client, you can avoid the $25 monthly Maintenance Service Charge if:
- You maintain a combined balance of $25,000 or more in any combination of deposit, investment, and credit accounts.
- You have a mortgage originated through KeyBank and you have an automatic payment deduction plan via ACH deducting $500 or more from your Key Privilege Checking Account during a statement cycle. If your mortgage automatic payment deduction plan should be discontinued, you may be subject to the combined balance requirements to avoid the monthly Maintenance Service Charge.
- You are a Key@Work program member and you have direct deposits totaling at least $2,500.00 or more credited to this Account during a statement period. If you leave your current employer and direct deposits stop, you may be subject to the combined balance requirement to avoid the monthly Maintenance Service Charge until direct deposits are reinstated.
- To avoid the $50 monthly Maintenance Service Charge for Key Privilege Select Checking Account, you must maintain a minimum of $100,000 in combined relationship balances (sweep investment, deposits and investment (including annuity balances reflected on your KIS account statement)) each statement cycle OR be a Key@Work program member and have a total of at least $5,000 in direct deposits each statement cycle credited to this Account.
- To avoid the $18 monthly Maintenance Service Charge for Key Advantage Checking Account, meet any of the following requirements:
- Any combination of balances from your KeyBank checking, savings deposit, certificates of deposit, retirement deposits, investment (including annuity balances reflected on your KIS account statement) and credit accounts was $10,000.00 or more.
- You have a KeyBank originated mortgage and you have automatic payment deducted via ACH deducting $500.00 or more from your Key Advantage Money Market Checking account during a statement cycle. If your mortgage automatic payment deduction plan should be discontinued, you may be subject to the combined balance requirements to avoid the monthly Maintenance Service Charge.
- You are a Key@Work program member and you have direct deposits totaling $1000.00 or more credited to your Key Advantage Money Market Checking account during a statement cycle. If you leave your current employer and direct deposits are discontinued, you may be subject to the combined balance requirement to avoid the monthly Maintenance Service Charge until direct deposits are reinstated by your new employer.
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: 12/31/2022
Fine Print
- 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.
[Expired] KeyBank $250 Checking Bonus (Key@Work Members Only)

- What you’ll get: $250
- Where it’s available: AK, CO, CT, ID, IN, MA, ME, MI, NY, OH, OR, PA, UT, VT, WA
- How to earn it: This offer is for Key@Work members only – KeyBank’s employee financial wellness program.
- Enroll in the Key@Work program and enter marketing code ONKW0121 when applying for your account on key.com.
- Open a Key Express Checking, Key Advantage Checking, Key Privilege Checking, or Key Privilege Select Checking Account.
- Make a total of $1,000 or more in direct deposits within 60 days from account opening.
- When it expires: 6/25/2021
[Expired] KeyBank $250 Money Market Bonus (Targeted)

- What you’ll get: $250. This offer is targeted via email. You must have the code and reservation number from the email.
- Where it’s available: AK, CO, CT, FL, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- How to earn it:
- Must already have or open a new Key Advantage Checking®, Key Privilege Checking®, or Key Privilege Select Checking® account online.
- Open your Key Gold Money Market Savings account online or in a branch, using the code and reservation number from your email.
- Deposit at least $25,000 of funds not currently held at KeyBank or its affiliates and maintain that balance for 90 days.
- The gift will be deposited within 90 days after these requirements are met if the account is not overdrawn or closed at the time of gift fulfillment.
- When it expires: 1/2/2021
[Expired] KeyBank $400 Checking Bonus

- What you’ll get: $400
- Where it’s available: AK, CO, CT, FL, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- How to earn it:
- Open a Key Smart Checking®, Key Advantage Checking®, Key Privilege Checking®, or Key Privilege Select Checking® account online.
- Use offer code: RETK1120
- Make ONE single direct deposit of at least $500 within 60 days after account opening.
- Your gift will be deposited into your account within 60 days if your account is open and not overdrawn.
- When it expires: 12/11/2020
Compare with the best bank promos here, including ones from Bank of America, Chase, TD Bank, Aspiration, Huntington and more.
Top/Trending Offers You May Like
- BMO Harris $200 & $350 Bonuses
- Chase Business Checking $300 Bonus
- Bank Of America $100 Bonus Offer
- Chase Total Checking® $200 Bonus
- TD Beyond Checking $300 Bonus
- HSBC Premier Checking $500 Bonus
- Aspiration Checking $150/$200 Bonus
- J.P. Morgan Self-Directed Investing $625 Cash
- Ally Invest Up To $3,000 Bonus
- Axos $100/$200 Checking & Savings Bonuses
- TradeStation Cash & Crypto Offers
Is there a link to any of these promos?
Sam,
The button links are in the write-up.
I am looking for a Keybank offer to give to my best friend since I just received my $300 Bonus last week. I opened the account on September 22, 2017 and I received my Bonus in October 30th. So 37 days after I opened my account I received it. As soon as I was provided with my account number I report it to payroll to have my check posted the same week since the requirement was to have a direct deposit of at least $1,000.
On a side note the guy named Bill Davidson just made me laugh with his comment on June 16, 2017. His story made me crack up so much to the point of crying. Bill I think you have a shot at being a comedian!
The promotion is bogus. I set up the account online but couldn’t make auto deposit until they issued me a debit card. Well, it took 60 days and then they told me it was too late for the “gift” because it was past 60 days. They make lots of excuses and fail to honor commitments. Don’t waste your time with this bank.
How long does it normally take to get the bonus does it normally take the full 90 days?
4 weeks
Yea!
I am used to living on the streets and changing accounts every 6 months. Watch Out! The bankers catch you doing this; one time; too often and they set you up. I left the bar and from the door to the curb where my taxi was waiting the local PD arrested me for public intoxication. Fined me: $200 ticket – no coincidence – the same amount that the bank promises with this coupon. Caveat emptor……
Well, ok then…
Sometimes I just can’t believe what I am reading. So you think the bank set your drunk ass up? Caveat emptor my ass. Your own drunkenness got you arrested, not the bank.
$300 had two requirements. direct deposit and 5 times debit card usage. I was not told about it and Keybank won’t honor this. TRASH.
Peter,
Did you go for the offer that is available online? The current $300 offer doesn’t state anything about a debit card usage requirement. Perhaps you can show them the online offer?
Can the $200 offer reservation code be used with the $400 offer Coupon code.
I highly doubt it!
IF YOU NEED A RESERVATION CODE # ALL YOU HAVE TO DO IS REQUEST THAT THE PROMO BE EMAILED TO YOU. GOTO YOUR EMAIL AND OPEN THE PROMO AND WHERE IT GIVES YOU THE PROMO CODE, FOLLOWING RIGHT AFTER WILL BE A RESERVATION # (EX. PROMO CODE: EDGD1216-“*********”) WHERE THE *’S ARE WILL BE THE RESERVATION CODE.
Thanks for the info J Monty!
KeyBank will give you a $200 bonus until March 4, 2016, when you open certain types of KeyBank checking accounts.
I tried to set this up with the offer code RETK0516, however, as other commenters have mentioned, a reservation code is needed in addition to this code, and those are issued in letters to targeted customers. If you are not one of these, and it seems I am not, then the most bonus you can get according to Key Bank is $200.
Exactly right Evan! This $400 offer is useless without having a Reservation Code IN ADDITION TO the Offer code of RETK0516! This $400 offer should be removed from this website, because only those who received an invitation qualify. I have just wasted about 30 minutes that I’ll never get back trying to sign up for this bogus (without a valid reservation code) offer.
Sorry for the bad experiences everyone. I’ve had a few people tell me they took advantage of the offer by printing it out and opening in-branch. It could be just their branch/region was more willing. Let me update with some notes.
Key bank $400 bonus is for targeted customer only. I chat with Key CSR and was told.
Key bank , like Chase has many promotions with almost same requirements. If you can get $300, why go for $200? Recently I was targeted for $200 (not $400) bonus. So be careful !
Its says “Direct deposit transactions are limited to: payroll, Social Security, pension and government benefits.”
Does anyone know if ACH deposits from any bank or pay pal transfers work?
Can it be two deposits totaling 500 to qualify for the bonus?
No, it probably won’t trigger the bonus unless you do one DD of $500+. For your particular scenario, you’d have to ask a banker if they can manually approve it or not. Good luck!
Hi, where can I get the reservation code?
Brian, I list the codes, but the offer pages also have them. I wasn’t sure which offer you’re referring to, but each has it’s own code so choose the correct one!
Use offer code RETA0516 with your reservation number. I think he referred to the reservation number. I also have the same question. Thanks
They mail it to you with the promotion and the code number.
Hi Tony;
This is the first time I visit your site. Thanks for the good work. Have a question:
Within 60 days of account opening we need to put 1 or 2 direct deposits (DD). Most need 1 but some (US bank) need 2 , they use the word ‘recurring DD within 60 days’. My question is: How many more DD required after 60 days and before Bonus posted (90 or 120 days) ? I do not want my DD tied up in one bank. Thanks for your time.