KeyBank Fees for Checking Accounts
The more you know about our fees, the easier it will be for you to avoid them. We’ll always be up front about fees and other charges you might encounter with each of our checking accounts – so there are no surprises and you can keep more money in your pocket.
Updated overdraft terms are coming.
You spoke. We listened. On September 16, 2022, we’re launching improved overdraft terms to help our clients save money and stress less if overdrafts occur.
See the Fees for Every Checking Account
Which checking account do you want fee information about?
Key Smart Checking®
Basic, everyday checking with no monthly maintenance fees, and no minimums. Plus, paper checks and every digital feature.
Key Smart Checking® Fees
Key Advantage Checking®
Interest-bearing account with built-in money saving features like limited ATM fee reimbursement.
Key Advantage Checking® Fees
Key Privilege Checking®
Preferred pricing with relationship rates and discounts and automatic daily sweeps to savings.
Key Privilege Checking® Fees
Key Privilege Select Checking®
Financial management, our highest interest rate, and premium management and investing services.
Key Privilege Select Checking® Fees
KeyBank Hassle-Free Account®
An easy to use, checkless, online account with no monthly maintenance fees.
KeyBank Hassle-Free Account® Fees
Fees for other KeyBank Checking Accounts
Video FAQs about KeyBank Checking Account Fees
Video: Learn about overdrafts and nonsufficient funds and what you can do to avoid them.
Let’s talk Overdrafts.
Ready? Lets go!
Overdrafts happen when money spent > money available
Sometimes overdrafts mean extra fees
The good news is: They’re usually avoidable.
To help your life stay overdraft-free, we’ll tell you what you should know about
Business days
How transactions post
How transactions post
Pending transactions
When deposits go through
So you can spend your money on your terms.
Video: Learn about what is a business day and when your deposits will go through.
Let’s talk Overdrafts and when your deposits go through
Ready? Lets go!
Your deposits go through on business days
Business days are: Monday – Friday (not including holidays)
Every business day has a cutoff time based on how you make your deposit
Usually, your money is available the next business day
Know when your deposits go through. Spend your money on your terms.
Video: Learn about the order in which transactions are posted to your account.
Let’s talk Overdrafts and how transactions post
Ready? Lets go!
We post transactions in two (2) different groups
Yesterday’s transactions made after cutoff time and before midnight
Current-day Today’s transactions made before the cutoff time
Your prior day activity posts first Money in before money out
Your current-day activity posts next Money in before money out
Know the order. Spend your money on your terms.
Video: Learn about pending transactions and how they may affect your account balance.
Let’s talk Overdrafts and how pending transactions work
Ready? Lets go!
When you use your debit card, it doesn’t always post right away.
So, your account holds the money and your available balance goes down.
We call that a pending transaction
If you spend more than your account’s available balance, you may get an overdraft fee
Keep track of your available balance. Spend your money on your terms.
