Are you interested in a new banking experience? Here’s an updated list of KeyBank promotions, bonuses, and offers.
Currently, they have a $200, $250 bonus when you open a Checking Account and meet all the requirements.
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KeyBank Promotions Review
KeyBank has a long history of commitment to diversity, and to help out their community. For over a hundred years, they have been helping their customers take control of their financial future with their multitude of financial services at any branch.
- Bonus Links:
- $250 Checking Bonus (06/23/2021)
- $200 Checking Bonus (01/22/2021)
- $250 Savings Bonus (Expired)
- Account Type: Hassle-Free Checking, Key Express Checking, Key Advantage Checking, Key Privilege Checking, Privilege Select Checking, Key Student Checking,
- Availability: AK, AL, CO, CT, FL, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- Branches: 1,197 Branches (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Requirement: Yes
- Credit Card Funding: Up to $100
- Early Termination Fee: Unknown
For more current offers, check out our bank bonuses page. Compare KeyBank rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
I’ll go over KeyBank offers below.
KeyBank $250 Checking Bonus 
- What you’ll get: $250 bonus
- Where it’s available: AK, AL, CO, CT, FL, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- How to earn it:
- Open your Key Express, Key Advantage, Key Privilege, or Key Privilege Select Checking account.
- Use offer code: ONKW0820
- Make a total of $1,000 in direct deposit within 60 days after account opening.*
- [email protected] Members only
- When it expires: 06/23/2021
Editor’s Note: This offer is only available in the following markets ONLY: Albany, Buffalo, Cleveland, Denver, Hartford-New Haven, Pittsburgh, Portland, Rochester, Seattle, and Syracuse.
(Expires June 23, 2021)
If you’re interested for more advanced checking account features, checkout Chase Private Client ($2,000 Bonus), HSBC Premier Checking ($450 Bonus), Huntington 25 Checking ($500 Bonus), TD Bank Beyond Checking ($300 Bonus) as well as the TD Bank Convenience Checking ($150 Bonus).
KeyBank $250 Savings Bonus
- What you’ll get: $250 bonus
- Where it’s available: AK, AL, CO, CT, FL, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- How to earn it:
- To receive the $250 cash gift,
- Must have or open a KeyBank relationship package checking account (Key Advantage Checking®, Key Privilege Checking®, or Key Privilege Select Checking®).
- Open your Key Gold Money Market Savings account online or in a branch, using the code and reservation number from your email.
- You must deposit a minimum of $25,000 of funds not currently held in accounts at KeyBank or its affiliates and maintain a daily balance of $25,000 or more in the Gold Money Market Savings account.
- To receive the $250 cash gift,
- When it expires: 01/02/2021
(Expires January 2, 2021)
Compare this savings account to alternatives like Chase SavingsSM ($150 Bonus) and American Express High Yield Savings.
KeyBank $200 Checking Bonus
- What you’ll get: $200 bonus
- Where it’s available: AK, AL, CO, CT, FL, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- How to earn it:
- Open your Key Express, Key Advantage, Key Privilege, or Key Privilege Select Checking account.
- Use offer code: ONAS1120
- Make ONE single direct deposit of at least $500 within 90 days after account opening.
- When it expires: 1/22/2021
(Offer expires January 22, 2021)
Furthermore, I would compare this offer to some of the best offers available for entry level checking accounts. Current bonuses such as Chase Total Checking ($200 Bonus), HSBC Advanced Checking ($200 Bonus), Huntington Asterisk-Free Checking® ($150 Bonus), Huntington 5 Checking ($200 Bonus) as well as the TD Bank Convenience Checking ($150 Bonus) are all fantastic offers.
(Expired) KeyBank $400 Checking Bonus
- What you’ll get: $400 bonus
- Where it’s available: AK, AL, CO, CT, FL, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
- How to earn it:
- Open your Key Express, Key Advantage, Key Privilege, or Key Privilege Select Checking account.
- Use offer code: RETK1120
- Make ONE single direct deposit of at least $500 within 90 days after account opening.
- When it expires: 12/11/2020
(Expires December 11, 2020)
Opening a checking account at KeyBank is very simple. You can open an account from anywhere and it comes with a variety of features. Additionally, you can waive the monthly service fees and earn interest rates of some of the accounts.
KeyBank Checking Accounts
- Hassle-Free Checking: This account is the most basic checking account and is used as a means to transfer money much like Venmo or CashApp. All it takes is $10 to open this account and you can have access to this account. Additional features include no monthly service or overdraft fees.
- Express Checking: With a $50 minimum deposit you can earn interest with an Express Checking account. However, the monthly service fee does require $10,000 combined account balance, a mortgage, or an automatic payment of at least $500 to waive the monthly service fee.
- Privilege Checking: With this account, you are able to have access to amazing perks such as lower rates on loans and lines of credit as well as higher rates on savings and CD products. This account also has complicated requirements to waive the monthly service fees. For example you will need a $25,000 combined account balance to waive the monthly service fee.
- Privilege Select Checking: This is similar to the Privilege Checking account but earns better rates on loans and savings accounts. However, to waive the monthly service fee you will need to have $100,000 account balance across your KeyBank accounts, or a mortgage, or automatic payment.
- Student Checking: This account is meant for children and adults under 24. With just a $50 minimum opening deposit you can open an account. Furthermore, you can waive the monthly service fee with a monthly $200 deposit or 5 transactions a month.
KeyBank Checking Alternatives
Chase Total Checking®HSBC Advance CheckingTD Convenience CheckingHuntington 5 Checking
 • Enjoy a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit • Access to 16,000 Chase ATMs and more than 4,700 branches • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device. • Open your account online now • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com. |
 • Get up to $240 with a 3% Cash Bonus Checking Offer when you open a new HSBC Advance checking account and complete the following qualifying activities. • Open your new HSBC Advance checking account online by March 31, 2021; and • Set up Qualifying Direct Deposits into your new HSBC Advance checking account; and then • Enjoy 3% Cash Bonus, up to $240, on Qualifying Direct Deposits up to $40 per month, during the first 6 calendar months after account opening • You will automatically receive the 3% Cash Bonus in your new HSBC Advance checking account approximately eight weeks after completing that month's qualifying activities. Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. |
 With the TD Convenience CheckingSM Account: • Earn $150 when you receive direct deposits totaling $500 or more within 60 days • Low minimum daily balance of $100 waives the $15 monthly fee. • Students and young adults ages 17 through 23 get additional perks like no minimum balance requirements and no monthly maintenance fee. • Instantly replace a lost or worn debit card by visiting a TD Bank location near you • Access accounts via Online Banking with Bill Pay, Online Statements and TD Bank Mobile Deposit, with 24/7 cash access at TD ATMs in the U.S. and Canada – plus 24/7 Live Customer Service • Get a 0.25% discount on TD Bank Home Equity and Personal Loans |
How To Avoid Monthly Fees
- KeyBank Hassle-Free Checking Account: No monthly fees
- Key Express Checking Account: Avoid $7 monthly fee with more than $500 in deposits or 8 transactions per statement cycle.
- Key Advantage Checking Account: $18 Fee – Waived for the first 3 months. Avoid the $18 monthly fee with at least $10,000 in any combination deposit, investment or credit account balances OR have a KeyBank mortgage automatic payment deduction of $500 or more each statement cycle OR if you are a [email protected] program member and have at least $1,000 in cumulative direct deposits each statement cycle.
- Key Privilege Checking Account: $25 Fee – Waived for the first 3 months. Avoid the $25 monthly fee with at least $25,000 in any combination deposit, investment or credit account balances OR have a KeyBank mortgage automatic payment deduction of $500 or more each statement cycle OR if you are a [email protected] program member and have at least $2,500 in cumulative direct deposits each statement cycle.
- Key Privilege Select Checking Account: $50 Fee – Waived for the first 3 months. Avoid the $50 monthly fee with at least $100,000 in any combination deposit, investment or credit account balances OR if you are a [email protected] program member and have at least $5,000 in cumulative direct deposits each statement cycle.
KeyBank Savings Accounts
- Active Saver Account: You can open the most basic savings account with a $10 opening deposit. But with a balance of at least $300 each month or direct deposit of at least $5 you can waive the monthly service fees.
- Money Market Savings: With $5,000 you can start earning one of the better savings rates at KeyBank. It is possible still to have an account with a smaller balance. However, you can waive the monthly service fee with a $5,000 daily balance.
- Key Gold Money Market Savings Account: With $25,000 to open an account, you can earn even higher interest rates on your money. You’ll need to keep that $25,000 daily balance and have a KeyBank Advantage, Privilege, or Privilege Select Checking account to waive the service fee.
- Health Savings Account: If you have high medical costs, you can save money pre-tax and withdraw the funds for approved use tax-free. If you have another KeyBank checking account, you won’t pay an annual fee for this account. Without a relationship banking count, you’ll pay $10 per year. You can waive the monthly service fee with a minimum $500 balance or just by having a KeyBank checking account. You must have a high deductible medical plan in order to qualify (and not be on Medicare).
KeyBank Savings Alternatives
Chase SavingsSMDiscover Online SavingsDiscover CDsDiscover Money Market
 -Available nationwide - paired with phenomenal customer service -Get 0.50% APY on your funds with no minimum requirements & no monthly fees! -No hidden fees. No minimum balance to open. -It's your money. Use it when and how you want. -Deposit checks on the go or grow your savings with automatic transfers. -Move money in and out of your savings account easily and securely. -View your savings account balance and activity online or with mobile app. -Get started and open a Discover Savings Account in 3 easy steps. |
• Available nationwide online • Discover offers CDs with some of the highest and most competitive rates! • Select terms as short as 3 months up to 120 months • Rates ranging from 0.20% APY up to 0.60% APY. • Opening a Discover Bank Certificate of Deposit is extremely quick and easy. • Funds on deposit are FDIC-insured up to the maximum allowed by law. • Start today with a minimum deposit of $2,500! • Get started and open a Discover CD in 3 easy steps. |
• Available nationwide online • Earn high yields with flexible access to your cash. • Earn 0.40% APY balances $100,000 and over • Earn 0.35% APY balances under $100,000 • Open with as little as $2,500. • No hidden fees. No surprises. • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs • Get started and open a Discover Money Market Account in 3 easy steps. |
Author’s Verdict
KeyBank offers some of the best promotions, bonuses, and offers available. That is because branches are bountiful and you can even sign-up for these accounts online.
However, if you are not located near a branch or want to earn a better bonus, check out our full list of bank promotions here.
Check back to see all Keybank bonuses, offers, and promotions here.
| PROMOTIONAL LINK | OFFER | REVIEW |
| Chase Business Complete BankingSM | $300 Cash | Review |
| Chase Total Checking® | $200 Cash | Review |
| HSBC Premier Checking Member FDIC | $450 Cash | Review |
| HSBC Premier Checking Member FDIC | Up To $600 | Review |
| HSBC Advance Checking Member FDIC | $200 Cash | Review |
| HSBC Advance Checking Member FDIC | Up To $240 | Review |
| Huntington 25 Checking | $500 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $750 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $200 Cash | Review |
| TD Bank Beyond CheckingSM | $300 Cash | Review |
| TD Bank Convenience CheckingSM | $150 Cash | Review |
| Axos Bank Basic Business Checking | $100 Cash | Review |
| Aspiration Spend & Save | $100 Cash | Review |
Editor Rating
Key bank will NOT honor any promo unless you have also a reservation code
If I opened the $400 promo account within the time frame but my first direct deposit didn’t go in until after the promo expired, am I still eligible?
I know they give you 60 days to have a direct deposit.
Can’t get a real answer from them.
As long as you do the direct deposit requirement within 60 days of opening the account, you are ok.
Hi