Competitive Interest Rates
Our interest rates are compounded daily to give you the best possible returns.
Waivable Monthly Maintenance Fee1
The $20.00 monthly maintenance fee will be waived for statement cycles when you have either:
Check Writing and Transfers
Access your savings anytime with an unlimited number of withdrawals and transfers.
Secure, Easy Online Banking2
Check your balance, make deposits, and manage your account with KeyBank online banking.
Overdraft Protection3
Link a savings account to your checking account to automatically cover overdrafts without a transfer fee.
FDIC Insurance
This account is FDIC insured.
Bonus rates available on qualifying account balances for 6 months, standard or relationship rates apply thereafter.
Bring at least $5,000 to Key to earn the bonus rate for 6 months on Key Select Money Market Savings® account balances of $5,000 to $1,999,999.99. Rate may vary based on the location where the account is booked or where the offer is redeemed.
Bring at least $25,000 to Key to earn the bonus rate for 6 months on Key Select Money Market Savings® account balances of $25,000 to $1,999,999.99. Rate may vary based on the location where the account is booked or where the offer is redeemed.
The blended APY is a blend of two interest rates: 6 months at the bonus rate and 6 months at today’s current rate.
Your initial balances are determined as a 30-day average. Only accounts owned by eligible owners of the Key Select Money Market Savings account enrolled in this bonus interest rate offer are counted. The starting balance is calculated by adding the end-of-day balance for all eligible owners of the enrolled account for each day in the 30-day period, then dividing the total by 30.
An eligible owner includes account holders who have ownership rights over the funds in the account, for example, a sole owner or co-owner. Account holders who do not have ownership rights of the funds in the account, for example a power of attorney, executor, trustee, or account custodian, are not eligible owners.
Yes. Withdrawals during the account cycle from any KeyBank checking, savings, money market savings, or CD account owned by the eligible owners of the Key Select Money Market Savings® account enrolled in the Bonus Interest Rate offer may negatively impact your average Total Relationship Deposit Balance and result in you not meeting the Total Relationship Deposit Balance growth requirement. Withdrawals during the month from any KeyBank checking, savings, or money market savings account owned by the eligible owners of the Key Select Money Market Savings® account enrolled in the bonus interest rate offer may negatively impact your average total liquid deposit balance and result in you not meeting the total liquid deposit balance growth requirement.
The offering period begins on the date your account is enrolled in the rate offer and ends 6 months later; this includes the Grace Period and is not extended by meeting or failing to meet requirements.
To provide you time to grow your Total Relationship Deposit or Liquid Deposit Balance(s), beginning on the date your account is enrolled in this offer, you will automatically receive the Bonus Interest Rate through the end of your first full account cycle, referred to as the Grace Period. At the end of the Grace Period and each account cycle thereafter during the 6-Month Bonus Offer Period, KeyBank will determine whether you continue to meet the Bonus Interest Rate requirements.
For a jointly owned Key Select Money Market Savings account enrolled in the bonus interest rate offer, total relationship deposit balance growth and total liquid deposit balance growth are calculated using qualifying deposit accounts owned by the account's eligible owners. Eligible accounts may be owned individually by either owner or jointly by the owners and do not need to be co-owned by all account owners to be included in the balance growth calculation. The eligible owners are assessed collectively, and the account qualifies for the bonus interest rate when the enrolled account meets either the total relationship deposit balance growth requirement or the total liquid deposit balance growth requirement.
Key Select Money Market Savings® is a variable rate account. Rates may vary by location. Rates and terms are accurate as of September 19, 2026 and may change at KeyBank’s discretion. Minimum balance to open this account is $5,000. See the offer details for the minimum balance required to qualify for the bonus. Fees may reduce earnings. The 6 Month Bonus Interest Rate and Variable Bonus Annual Percentage Yield ("APY") shown are for this offer. Offer is subject to cancellation without notice prior to enrollment or redemption. Geographic restrictions may apply.
This offer page describes two separate Bonus Interest Rate offer options for a Key Select Money Market Savings Account. Subject to the applicable offer terms, qualification requirements, balance growth requirement, and redemption deadline, each offer may be redeemed on a new or existing Key Select Money Market Savings Account. Offers cannot be combined.
Offer 1 — OFFER CODE - VRMA0926
Balance growth requirement: $5,000 or more.
Offer redemption period: 9/19/2026 - 11/4/2026.
Offer 2 — OFFER CODE - VRMB0926
Balance growth requirement: $25,000 or more.
Offer redemption period: 9/19/2026 - 11/4/2026.
To qualify for the selected 6 Month Bonus Interest Rate, you must: (1) select one offer from options above and enroll your new or existing Key Select Money Market Savings account in the applicable Bonus Interest Rate offer with the applicable offer code by the redemption deadline; (2) meet the balance growth requirement for the selected offer option shown above; and (3) maintain that growth for the period of the Bonus Interest Rate offer. The applicable Bonus Interest Rate applies to the entire balance in the enrolled Key Select Money Market Savings account.
Factors That May Affect Qualification: Certain account restrictions on your Key Select Money Market Savings account or any other account used to determine your Total Relationship Deposit Balance or Total Liquid Deposit Balance may negatively impact your ability to meet the balance growth requirement and may result in you not qualifying for the Bonus Interest Rate. Any ownership changes to the enrolled Key Select Money Market Savings account will require a recalculation of your Initial Average Total Relationship Deposit Balance or Initial Average Total Liquid Deposit Balance and may impact eligibility. Closures or changes in ownership of eligible accounts used to calculate balance growth during the Bonus Offer Period may affect eligibility for the Bonus Interest Rate and your account’s applicable interest rate. For complete definitions of the terms used in this disclosure, please see the Definitions section at the end.
To provide you time to grow your Total Relationship Deposit Balance or Total Liquid Deposit Balance, beginning on the date your account is enrolled in this offer, you will automatically receive the Bonus Interest Rate through the end of your first full account cycle ("Grace Period"). At the end of the Grace Period and each account cycle thereafter during the Bonus Offer Period, KeyBank will determine whether you continue to meet the Bonus Interest Rate requirements.
When requirements are not met, the account will earn the Variable Standard Interest Rate or Variable Relationship Interest Rate in effect at that time until requirements are met again during the Bonus Offer Period. At the expiration of the Bonus Offer Period, the Bonus Interest Rate will no longer apply, and the account will earn interest at the Variable Standard Interest Rate or Variable Relationship Interest Rate in effect at that time. Such rates are variable and may change before, during, or after the Bonus Offer Period.
The Variable Bonus Annual Percentage Yield ("APY") is a blended/composite APY calculated using the 6 Month Bonus Interest Rate and the Variable Standard Interest Rate. Your actual APY may be lower depending on whether you continue to meet the requirements throughout the Bonus Offer Period. One or more balance tiers may earn the same interest rate, and certain tiers may earn the same interest rate under both the Standard Interest Rate and 6 Month Bonus Interest Rate.
For Variable Standard Interest Rate/Annual Percentage Yield ("APY") and Variable Relationship Interest Rate/Annual Percentage Yield ("APY"), balance tiers, fee information, and full standard account terms, visit key.com/rates/rjmm.html, contact your KeyBank branch, or call 1-800-KEY2YOU® at 1-800-539-2968. Dial 711 for TTY/TRS.
This Bonus Interest Rate Offer Code can only be used once per account for the life of the offer. You cannot combine this Bonus Interest Rate offer with another Bonus Interest Rate offer. If you enroll in another Bonus Interest Rate offer, this offer will be terminated and the new Bonus Interest Rate offer requirements will take effect from the time the new offer is redeemed. KeyBank is not responsible for, and will not honor, promotional offers that appear on non-KeyBank websites or that are not authorized by KeyBank.
DEFINITIONS
Blended APY and composite APY are used interchangeably. The blended/composite APY reflects a combination of the Bonus Interest Rate, assuming the bonus rate requirements are met throughout the full offer period, and the current Variable Standard Interest Rate for the remainder of the year.
Bonus Offer Period: The Bonus Offer Period begins on the date your account is enrolled in the Bonus Interest Rate offer and ends 6 MONTHS later. The Bonus Offer Period is fixed, includes the introductory Grace Period, and is not extended by meeting or failing to meet the Bonus Interest Rate requirements.
Full Account Cycle: A full account cycle, to be referred to as account cycle, is the period between the dates when either the account is opened and interest is paid on your account or the time between interest payments (for example, from your last interest payment date to your next interest payment date). This period typically aligns with your statement period but may vary. Refer to your interest payment dates for exact timing.
End-of-Day Balances: End-of-day balances are the balances in eligible KeyBank deposit accounts at the close of processing for a given day, after all transactions posted to those accounts for that day are applied. End-of-day balances across eligible accounts are used to determine Total Relationship Deposit Balances and Total Liquid Deposit Balances for purposes of this Bonus Interest Rate offer.
Eligible Owners: An eligible owner would include account holders who have ownership rights over the funds in the account. For example, a sole owner or co-owner. Account holders who do not have ownership rights of the funds in the account, for example a Power of Attorney, Executor, Trustee, or Account Custodian, are not eligible owners.
Total Relationship Deposit Balance: Your Total Relationship Deposit Balance is defined as the sum of all end-of-day balances in any KeyBank personal Checking, Savings, Money Market Savings, or CD (Certificate of Deposit) accounts. Health Savings and Retirement accounts are excluded. Qualifying balances are limited to accounts owned by eligible owners of the Key Select Money Market Savings account enrolled in this Bonus Interest Rate.
Initial Average Total Relationship Deposit Balance: Your Initial Average Total Relationship Deposit Balance is the average of your end-of-day Total Relationship Deposit Balance for the 30 calendar days before your account is enrolled in this Bonus Interest Rate offer. It is calculated by adding the end-of-day Total Relationship Deposit Balance for all eligible owners of the enrolled Key Select Money Market Savings account for that 30-day period and dividing the total by 30.
Average Total Relationship Deposit Balance: Your Average Total Relationship Deposit Balance is defined as the daily Total Relationship Deposit Balance over a full account cycle divided by the number of days in a full account cycle.
Total Liquid Deposit Balance: Your Total Liquid Deposit Balance is defined as the sum of all end-of-day balances in any KeyBank personal Checking, Savings, Money Market Savings accounts. CD (Certificate of Deposit), Health Savings, and Retirement accounts are excluded. Qualifying balances are limited to accounts owned by eligible owners of the Key Select Money Market Savings account enrolled in this Bonus Interest Rate offer.
Initial Average Total Liquid Deposit Balance: Your Initial Average Total Liquid Deposit Balance is the average of your end-of-day Total Liquid Deposit Balance for the 30 calendar days before your account is enrolled in this Bonus Interest Rate offer. It is calculated by adding the end-of-day Total Liquid Deposit Balance for all eligible owners of the enrolled Key Select Money Market Savings account for that 30-day period and dividing the total by 30.
Average Total Liquid Deposit Balance: Your Average Total Liquid Deposit Balance is defined as the daily Total Liquid Deposit Balance over a full account cycle divided by the number of days in a full account cycle.
The $20.00 monthly maintenance fee will be waived for any month when the client meets one of the following requirements:
Subject to terms and conditions in Service Agreement.
Overdraft Item Charges are $20 per item. Charges apply to transactions created by check, in-person withdrawal, recurring debit card transactions, or other electronic means. Overdraft charges will not be imposed on ATM withdrawals or one-time debit card items unless the customer has opted in authorizing Key to pay these items into overdraft and assess a charge. You agree to pay us the full amount of any overdraft on your account immediately upon demand, together with any additional charges we assess. KeyBank’s approval of overdrafts is a discretionary courtesy. For Consumer accounts: No charges will be assessed when the account is overdrawn twenty ($20) dollars or less at the end of the day. Overdraft charges are assessed on up to three (3) items per day, with the maximum not to exceed $60 per day per account. Overdraft charges may not post on the same day as the transaction which triggers the fee(s). There is a cap of 20 assessed overdraft charges within a monthly statement period. If at the end of the day, your account’s overdrawn available balance is more than $20 for 5 consecutive business days, an additional $20 Recurring Overdraft Service Charge will be assessed. See your account's Personal Checking Account Fees and Disclosures for additional information and Personal Savings Overdraft Protection Agreement for further information on linking savings account for protection.