open a savings account
Grow your nest egg in a KeyBank savings account with competitive rates and great features.
With a KeyBank savings account, your money works harder. Compare accounts with competitive, variable interest rates, waivable fees, and great digital tools to help you stay in control of your money.
Earn interest rate ( blended APY*) for 6 months.
Rate available with Key Select Money Market Savings® balances of $25,000 to $1,999,999.99 with an increase in total relationship balances or total liquid deposit balance of at least $25,000.
Compare Savings Accounts From KeyBank
- Waive the monthly maintenance fee1
- Set up automatic savings with EasyUp
- Tiered interest rates for higher returns.
- Pair with premium checking for waived monthly maintenance fee.1
- Contributions can be made by you or your employer
- Withdraw funds tax free to pay for qualified healthcare costs
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$0
Monthly Maintenance Fee
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$0
Minimum Opening Deposit -
No2
Use Account for Overdraft Protection
- For children younger than 18, without monthly maintenance fees
- Interest-bearing account, compounded daily
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$0
Monthly Maintenance Fee
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$10
Minimum Opening Deposit -
No2
Use Account for Overdraft Protection
Savings accounts that put you in control of your money.
See the rewarding benefits of banking with Key.
EasyUp® automatic savings
Use EasyUp to build up savings or pay down debt without even thinking about it.
Overdraft protection2
Link your checking account to an eligible credit or savings account to cover overdrafts automatically without a transfer fee.
Account alerts3
Set custom account alerts so you can receive text or email updates about the account information that's important to you.
Easy, everyday banking with everything you need.
- Secure online and mobile banking3,4
Deposit checks in the mobile app with the option to get your money immediately,5 pay bills, send money to friends and family, and more.
- Convenient Branches and ATMs
Visit us at any of our branches and 40,000 KeyBank and Allpoint ATMs nationwide. Find a location.
- Relationship Rates and Benefits
Earn higher interest rates, more cashback, loan discounts and more — it all starts with a KeyBank checking account. Learn more about relationship benefits.
1
The $4.00 monthly maintenance fee for Key Active Saver Account will be waived if the following requirement is met:
- The monthly maintenance fee is waived if you are an owner on a KeyBank consumer checking account (including the KeyBank Hassle-Free Account®), otherwise the fee will be $4.00.
The $20.00 monthly maintenance fee for Key Select Money Market Savings Account® will be waived for any month when the client meets one of the following requirements:
- Maintains a KeyBank consumer relationship package checking account.
- Maintains a minimum daily balance of at least $25,000 during the statement cycle.
Health Savings Account: Consult a tax advisor regarding tax benefits.
See IRS Publication 502 for a detailed list of qualified medical expenses.
2
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.
3
Message and Data rates may apply from your wireless carrier.
4
Subject to terms and conditions in Service Agreement.
5
Immediate Funds℠ is available in the KeyBank mobile app and will only appear as an option for eligible mobile check deposits. You will also have the option for a standard deposit at no charge. The Immediate Funds fee is 2% of the deposit amount, with a minimum fee of $2.
Immediate Funds requests made after 11:00 p.m. ET will have immediate funds availability for ATM withdrawal and point-of-sale transactions. However, it will take until the next business day for the funds to be available to cover overdrafts or other transaction types. For more information, review our Funds Availability Policy.