Key Select Checking Account is an interest-bearing account. Annual Percentage Yields (APY) are accurate as of October 08, 2025, for zip code 44114. 0.05% APY applies to balances of $0.00-$2,499.99, 0.05% APY on balances $2,500-$4,999.99, 0.05% APY on balances $5,000-$9,999.99, 0.05% APY on balances $10,000-$24,999.99, 0.05% APY on balances $25,000-$49,999.99, 0.05% APY on balances $50,000-$99,999.99, 0.05% APY on balances $100,000-$249,999.99, 0.05% APY on balances $250,000-$499,999.99, 0.05% APY on balances $500,000-$999,999.99, 0.05% APY on balances $1,000,000 and above. Key Select Checking Account is a variable rate account, rates may vary. Rates and terms may change at the bank’s discretion. Minimum balance to open this account is $50. Fees may reduce earnings.
EVALUATION PERIOD DEFINITIONS
- New Key Select Checking Account: Your account will be reviewed for eligible deposits during the 12 calendar months following the first calendar day of the second full month after account opening.
$100 BONUS
- Direct Deposits: To qualify for the $100 bonus, ALL of the following three requirements must be met. Eligible direct deposits:
- Must total at least $60,000 during the Evaluation Period.
- Are electronic automated clearing house (ACH) deposits. Examples of eligible direct deposits include, but are not limited to: payroll, Social Security, pension and government benefits. Deposits made through a teller, ATM, or the KeyBank mobile app are ineligible direct deposits.
- At least one eligible direct deposit transaction (in any amount) must be received within the final two calendar months at the end of the Evaluation Period.
Your account will be reviewed at the end of each Evaluation Period for cash bonus eligibility. Eligibility is based on cumulative direct deposits in the preceding Evaluation Period. Your $100 bonus will be reported to the IRS on Form 1099-INT. Your $100 bonus will be deposited into your checking account within 30 calendar days after the Evaluation Period has expired. If your account is converted into an account type other than a Key Select Checking Account during the Evaluation Period, progress toward the cash bonus is forfeited. Accounts that are closed or in a legally dormant status (legally dormant status is determined by applicable state law) at the end of the Evaluation Period or at the time of the bonus payout are not eligible for the bonus payment.
$25 monthly maintenance fee (waived for the first 3 months). After the three (3) month grace period the monthly maintenance fee can be avoided if either of the requirements are met in a statement cycle:
- The combined balance in any combination of KeyBank checking, savings, certificates of deposit, retirement deposit, and Key Investment Services LLC (KIS) accounts was $15,000 or more during the statement cycle.
OR
- You have eligible direct deposits totaling at least $3,000 during each statement cycle.
Investment products are offered through Key Investment Services LLC (KIS), member FINRA/SIPC and SEC-registered investment advisor.
Insurance products are offered through KeyCorp Insurance Agency USA, Inc. (KIA). KIS and KIA are non-bank affiliates of KeyBank National Association (KeyBank).
Non-Deposit products are:
NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL OR STATE GOVERNMENT AGENCY
KIS, KIA and KeyBank are separate entities, and when you buy or sell securities and insurance products you are doing business with KIS and/or KIA, and not KeyBank.
This offer is redeemable online only; however, if you are a non-US citizen, you must open your account in a KeyBank branch. Valid Social Security Number or Taxpayer Identification Number and US address required to qualify for promotion. You must open a Key Select Checking® Account by 12/19/25 at 11:59 p.m. EST and make a total of $5,000 or more in eligible direct deposits within 90 days of account opening to get $500. Eligible direct deposits are electronic automated clearing house (ACH) deposits. Examples of eligible direct deposits include, but are not limited to: payroll, Social Security, pension and government benefits. Deposits made through a teller, ATM, or the KeyBank mobile app are ineligible direct deposits. The minimum opening deposit for Key Select Checking is $50. Employees of KeyBank, its affiliates and subsidiaries are not eligible for this offer. Limit one account-opening gift per qualifying account. Limit one account opening gift per individual. The value of your gift will be reported on Form 1099-INT and deposited into your account within 60 days of meeting requirements. Offer not available to individuals who were a primary account owner of a KeyBank personal checking account in the last 12 months. Account must not be closed at the time of gift payment. Offer is subject to cancellation without notice. Geographic restrictions apply and account opening is subject to approval. Promotional offers in branch may differ from those visible online.
This offer is redeemable online only; however, if you are a non-US citizen, you must open your account in a KeyBank branch. Valid Social Security Number or Taxpayer Identification Number and US address required to qualify for promotion. You must open a Hassle-Free® or Key Smart Checking® Account by 12/19/25 at 11:59 p.m. EST and make a total of $2,000 or more in eligible direct deposits within 90 days of account opening to get $300. Eligible direct deposits are electronic automated clearing house (ACH) deposits. Examples of eligible direct deposits include, but are not limited to: payroll, Social Security, pension and government benefits. Deposits made through a teller, ATM, or the KeyBank mobile app are ineligible direct deposits. The minimum opening deposit for Hassle-Free Checking & Key Smart Checking is $10. Employees of KeyBank, its affiliates and subsidiaries are not eligible for this offer. Limit one account-opening gift per qualifying account. Limit one account opening gift per individual. The value of your gift will be reported on Form 1099-INT and deposited into your account within 60 days of meeting requirements. Offer not available to individuals who were a primary account owner of a KeyBank personal checking account in the last 12 months. Account must not be closed at the time of gift payment. Offer is subject to cancellation without notice. Geographic restrictions apply and account opening is subject to approval. Promotional offers in branch may differ from those visible online.
Early Pay is a service included with your KeyBank consumer deposit account in which KeyBank makes your eligible direct deposits available up to two business days early. Eligible direct deposits include certain transactions such as payroll, government benefits, or similar types of payments. The Early Pay service is dependent on when KeyBank receives information from the payer that the funds are on the way, this could vary, and you may not always receive your funds early. You cannot opt out of Early Pay.
