Making Consumer Loan or Line of Credit Payments at Key

Keep your budget on track, knowing your payments are under control. Key has several convenient payment methods you can use to make your payments as quickly and easily as possible.

If you’re having trouble making payments on a KeyBank consumer loan or line of credit because of the coronavirus pandemic, you may be eligible for immediate help including extensions, waived late fees or waived penalties through our Borrower Assistance programs.

KeyBank Offers Options for Making Payments

Remember, for your payment to be considered effective on the date it's received, it must be received by the applicable cutoff time. Cutoff times vary by payment method and payments made on a weekend or federal holiday will be processed on the next business day.

Online and Mobile Banking

Transfer funds, make a one-time payment or schedule a recurring payment with bill pay in online banking or with the mobile app. It’s secure, convenient and easy to use. Plus, when you schedule a payment through bill pay, you’ll see the date by which your payment will be received, backed by our Bill Pay Guarantee.

Sign On Enroll Now

Pay by Phone

Call us to make your payment from any checking or savings account, including those held at other banks. If you make your payment from a Key account after 7 p.m. ET or from a non-Key account after 5 p.m. ET, it will be processed the next business day.

KeyBank Customer Service
1-800-KEY2YOU
For clients using a TDD/TTY device: 1-800-539-8336

Automatic Payments made by ACH

To schedule a recurring monthly payment from an account held at KeyBank or another U.S. bank or financial institution, complete and submit our Authorization to Debit Account for Payment form to allow ACH payments. Your payment will be withdrawn monthly so you'll know your payments are made on time.

Automatic payment activation usually takes five business days after we receive your completed form, so continue to make your payments with another method until you receive written confirmation of your enrollment in automatic payments from KeyBank.

Authorization Form

Pay in a Branch

Make your payment in a KeyBank branch during normal business hours. If you make your payment in branch on a Saturday, it will be effective the next business day.

Branch Locator

Pay by Mail

To send your payment by check, include your payment stub and write your account number on your check’s memo line. To be sure your payment is received on time, allow 7 - 10 business days before your due date.

KeyBank
P.O. Box 94920
Cleveland, OH 44101-4920

Common Questions Related to Making Payments

What should I do if I’m late on my payment?

If your account is not overdue beyond 60 days, please contact us at 1-866-325-9677. If your account is more than 60 days past due, please contact us at 1-855-537-3764.

What do I do if I missed my payment?

If you missed a payment, please contact us at 1-866-325-9677.

I have misplaced or have not received my monthly statement. Do I still need to make a payment?

Yes, you must still make your payment. If you want to, you can view and print copies of your monthly statement in KeyBank online banking.

You can pay your bill through online or mobile banking, phone, by mail or at a nearby branch, without having your statement with you.

To confirm the monthly payment amount, or if you did not receive your monthly statement, sign on to online and mobile banking, call customer service at 1-800-KEY2YOU or write us at:

KEYBANK
PO BOX 5788
ATTN: LOAN CLIENT SERVICES
CLEVELAND, OH 44101-0788

If you would like to make your payment by mail, write your account number on your check and mail your payment to:

KEYBANK
PO BOX 94920
CLEVELAND, OH 44101-4920

When are my payments due?

Please refer to your monthly statement to confirm your payment date, or call KeyBank customer service at 1-800-KEY2YOU.

May I make my payment with a credit card?

No. Your monthly payment must be drafted from a checking or savings account.

Will you accept less than the total amount due?

In certain situations we will accept a partial payment. If your full payment is not received by your due date, you will be past due until we've received enough funds to satisfy your regular payment.

If you are having difficulty making your payments, visit our Borrower Assistance page. We may have a program available to assist you.

If I make an additional principal payment to my loan, how will the funds be applied to my loan or line of credit?

Once your regular payment has been satisfied, any additional funds left over will be applied to fees, interest and then to principal. If you want to make an additional principal payment, use the coupon that is included in your monthly statement, call 1-800-KEY2YOU or visit your local branch. Note, we may only process the principal payment if your current month’s payment has been received, your loan is not delinquent, and you have no outstanding fees.

If my payment is due and I have a grace period, when would a late charge be assessed?

Late charges and grace periods vary in accordance with your loan or line of credit contract. If your payment is not received before the grace period ends, a late charge will be assessed.

I need help making my loan payments. Who can I contact for assistance?

Hardships can come in many forms. Unemployment, decrease of income, divorce, injury or illness – these are all considered hardships. If you are experiencing a hardship that is making it difficult for you to pay your bills, there may be help.

If you are having difficulty making your payments, visit our Borrower Assistance page. We may have a program available to assist you.

My loan is currently set up for automatic payments. What happens if my payment is returned due to insufficient funds?

If we are unable to process the automatic payment after three attempts in a 12-month period, we will send a letter to notify you that your automatic payments will be canceled. You will need to use a different payment method (e.g., make your payment at a local branch or pay by phone) to make up this payment. If you’ve received a letter that your payment has been canceled, you will need to complete and submit a new Authorization Form with the new information.

I would like to change or cancel my automatic payments. How do I do that?

You may want to adjust the amount of your payment, use a different account or make another change to your automatic payment service. To do so, complete and submit a new Authorization Form with the new information.

To cancel your automatic payment service, call 1-800-KEY2YOU or write us at 4910 Tiedeman Rd., OH-01-LS-ACHS, Brooklyn, OH 44144. It usually takes three business days to process your request and when you cancel by phone, an ACH cancellation letter will be mailed to you on the date the service is canceled.

How do I obtain payoff information for my KeyBank Loan or Line of Credit account?

For more information regarding payoff, call KeyBank customer service at 1-800-KEY2YOU.