Looking for an easy $500 business bonus? Here’s exactly how KeyBank is handing out cash.
Trust me, I’ve analyzed dozens of business banking bonuses, and most come with ridiculous hoops to jump through. But KeyBank’s current offer is refreshingly straightforward—if you can meet one key requirement.
Want the best bank bonuses nationwide? Check out our top picks here—including huge offers from BMO and Chase that you won’t want to miss!
KeyBank Business Checking $500 Offer
Here’s the deal: Open a KeyBank Basic Business Checking or Key Business Reward Checking account, deposit $5,000, keep it there for 90 days, and they’ll give you $500.
The catch? You need to schedule an appointment with a banker. No online applications for this one.
TRENDING DEAL:
The Requirements: Simple but Specific
Want proof this is legit? KeyBank is one of the largest banks in the country with full FDIC insurance. Your money is protected, and they’ve been running these promotions for years.
Here’s what you need to do:
Step 1: Schedule Your Appointment
Book a meeting with a KeyBank banker before the expiration date. This isn’t optional—online applications don’t qualify.
Step 2: Make Your Deposits
- $25 minimum opening deposit
- Total of $5,000 or more within 30 days
- Maintain $5,000 minimum daily balance for 90 consecutive days
Step 3: Get Your $500
Bonus deposited within 60 days of meeting all requirements.
Trending Cash Bonus
Bluevine is offering a $300 cash bonus just for signing up. It’s a quick and easy way to score some extra cash. Click the link below to get all the details.
Why This Bonus Actually Makes Sense
But here’s what most business owners get wrong: they think $5,000 is too much to tie up for 90 days.
Let me put this in perspective: That’s a 10% return in 90 days just for parking money you probably already have sitting in checking anyway.
Remember: You’re not losing access to your money. You can still use it for business expenses—you just need to keep the balance above $5,000.
What You Get Beyond the Bonus
The best part? These aren’t bare-bones accounts. You get:
- 200-500 monthly included transactions
- Unlimited ACH and bill pay
- Mobile check deposit up to $25,000/month
- Access to 40,000 KeyBank and Allpoint ATMs
- Waivable monthly fees (if you maintain balances)
The Fine Print That Actually Matters
Here’s the truth: This offer is only for businesses that haven’t had a KeyBank commercial account in the past 12 months. If you’re a current customer, you’re out of luck.
Also, that $5,000 balance requirement is strict. Drop below it even for one day during the 90-day period? You lose the bonus.
Trending Checking Account Deal:
Should You Do This?
Look, if you’ve got $5,000 in business funds sitting in a low-yield account anyway, this is free money. The appointment requirement might seem annoying, but it takes 30 minutes to potentially earn $500.
The math is simple: 10% return in 90 days beats any savings account or CD you’ll find.
How to Get Started
Don’t wait. October 3rd deadline means no extensions. Call KeyBank or visit their website to schedule your appointment with marketing code MDN12025.
Remember: This bonus gets reported on your taxes, but even after Uncle Sam takes his cut, you’re still looking at easy money for doing something that takes one afternoon.
The question isn’t whether this makes sense—it’s whether you’ll actually pick up the phone and schedule the appointment.
Want more KeyBank bonuses? See all of them here.
Banking products and services offered by KeyBank National Association. Member FDIC.
Discover more from MoneysMyLife
Subscribe to get the latest posts sent to your email.
