Key Select Money Market Savings^®

Please read our Agreements and Disclosures. If you opened your deposit account online within the last 90 days, you may also review the original agreements and disclosures provided to you.

The interest rate and Annual Percentage Yields (APY) are accurate as of May 04, 2025. Rates vary by location. For example, the Standard Rates for Zip Code 46571 are: 0.05% APY applies to balances of $0.00 to $2,499.99; 0.05% APY on balances of $2,500.00-$4,999.99; 0.25% APY on balances of $5,000-$9,999.99; 0.25% APY on balances $10,000.00-$24,999.99; 0.50% APY on balances of $25,000.00-$49,999.99; 0.50% APY on balances $50,000.00-$99,999.99; 0.50% APY on balances $100,000.00-$249,999.99; 0.50% APY on balances $250,000-$499,999.99; 0.50% APY on balances $500,000.00-$999,999.99; 0.50% APY on balances $1,000,000.00-$1,999,9999.99; 0.50% APY on balances $2,000,000.00-$4,999,9999.99 and 0.50% APY on balances $5,000,000.00 and above. The Key Select Money Market Savings account is a variable rate account, rates may vary. Rates and terms are applicable and accurate as of date in this disclosure and may change at the bank’s discretion. Minimum balance to open this account is $5,000. Fees may reduce earnings.

To qualify for the Bonus Interest Rate on balances over $25,000 in your Key Select Money Market Savings^® Account, you must:

• Open a new Key Select Money Market Savings Account and maintain a minimum daily balance of $25,000 in the Select Money Market account. AND
• Grow your Relationship Deposit balance or your Liquid Deposit Balance at KeyBank by $25,000 or more. AND
• Maintain a Relationship Deposit Balance growth of at least $25,000 greater than your initial Relationship Deposit Balance or maintain a Liquid Deposit Balance growth of at least $25,000 greater than your initial Liquid Deposit Balance.

The Bonus Interest Rate will be effective on the date that the requirements are met and will remain in effect until the end of the 6-MONTH period after the account opening date provided the above requirements are met.

Relationship Deposit Balance

Your total Relationship Deposit Balance is defined as the sum of all balances in any KeyBank Personal Checking, Savings, Money Market Savings or CD accounts you own, excluding Health Savings accounts and Retirement accounts. Qualifying balances are limited by account owners of the new Key Select Money Market Savings account.

Your initial average Relationship Deposit Balance is defined as the average Relationship Deposit Balance in the full calendar month before the new Select Money Market Savings account opening date.

Average Relationship Deposit Balance for a calendar month is calculated by totaling the end of day relationship balance for each account owner on the new Key Select Money Market Savings account each day of the month and dividing that sum by the number of days in the calendar month. 

Relationship Deposit Balance Growth

To determine your Relationship Deposit Balance growth Key will compare your average Relationship Deposit Balance for each calendar month, starting with the first full month after the new Key Select Money Market Savings account is opened, and compare it to your initial average Relationship Deposit Balance. This Relationship Deposit Balance growth comparison will be done after each full calendar month during the 6-MONTH period.

Depositing new funds from another institution into any KeyBank Checking, Savings, Money Market Savings or CD account you own will constitute as Relationship Deposit Balance growth.

Transferring money from an existing KeyBank Checking, Savings, Money Market Savings, or CD account you own into an existing KeyBank account you own will not constitute as Relationship Deposit Balance growth.

Withdrawals during the month from any Checking, Savings, Money Market Savings, or CD account may negatively impact your average Relationship Deposit Balance and result in you not meeting the Relationship Deposit Balance growth requirement.

Liquid Deposit Balance

Your total Liquid Deposit Balance is defined as the sum of all balances in any KeyBank Personal Checking, Savings, Money Market Savings accounts. CD, Health Savings and Retirement accounts are excluded. Qualifying balances are limited to accounts owned by the account owners of the new Key Select Money Market Savings account.

Your initial Liquid Deposit Balance is defined as the average Liquid Deposit Balance in the full calendar month before the new Key Select Money Market Savings account opening date.

Average Liquid Deposit Balance for a calendar month is calculated by totaling the end of day liquid balance for each day of the month and dividing that sum by the number of days in the calendar month.

Liquid Deposit Balance Growth

To determine your Liquid Deposit Balance growth Key will compare your average Liquid Deposit Balance for each account owner on the new Key Select Money Market Savings account each calendar month, starting with the first full month after the new Key Select Money Market Savings account is open, and compare it to your initial average Liquid Deposit Balance. This Liquid Deposit Balance growth comparison will be done each month during the 6-MONTH period.

Transferring money from an existing KeyBank CD account you own or depositing new funds from another institution into any Checking, Savings, or Money Market Savings account you own will constitute as Liquid Deposit Balance growth.

Transferring money from an existing KeyBank Checking, Savings, Money Market Savings account you own into an existing KeyBank account you own will not constitute as Liquid Deposit Balance growth.

Withdrawals during the month from any KeyBank Checking, Savings, or Money Market Savings account may negatively impact your average Liquid Deposit Balance and result in you not meeting the Liquid Deposit Balance growth requirement.

Any account owner of the new Key Select Money Market Savings Account will be assessed individually for Relationship Deposit Balance growth and Liquid Deposit Balance growth based on the qualifying deposit accounts owned by that owner. The account will qualify for the Bonus Interest Rate when the account maintains a minimum daily balance of $25000.00 and at least one of the owners meets either the Relationship Deposit Balance growth requirement or the Liquid Deposit Balance growth requirement.

The Bonus Interest Rate shown above will be effective for a 6-MONTH period starting on the day the new Key Select Money Market Savings Account is open if you meet the requirements noted above. If you do not meet the requirements noted above, the account will return to the Current Variable Interest Rate in effect at that time until the requirements are met again. The Bonus Interest Rate will be effective on the date that the requirements are met and will remain in effect until the end of the 6-MONTH period after the account opening date provided the above requirements are met.

This variable APY is a composite APY calculated using the Bonus Interest Rate and the Current Variable Interest Rate (without bonus rate) shown above. As described above, when the requirements are not maintained and at the end of the 6-MONTH period following the Account opening date, the Bonus Interest Rate will return to the Current Variable Interest Rate (without bonus rate) in effect at that time. The Current Variable Interest Rate (without bonus rate) noted above reflects what your interest rate would be if the requirements were not maintained, or the 6-MONTH period expired today.

This Account pays interest at a variable interest rate and rates may vary based on the balance in your Account. We may change the interest rate and APY at our discretion and as often as daily. There are no limits on the amount that the interest rate or APY may change. The interest rate and APY for this Account may vary based on multiple factors including, but not limited to: your overall relationship with the bank as defined by other Accounts you have, the balances in all of your Accounts, Account location, Account usage and other bank services you use. At any time after Account opening, you may be eligible for Relationship interest rates. To be eligible for relationship rates, you must bank with KeyBank and own at least one additional eligible KeyBank non-Checking account (“Plus 1 Account”). Banking with Key means you (1) own an eligible open KeyBank consumer checking account, excluding a health savings account, with five (5) or more qualifying transactions posted to a single eligible checking account in a calendar month, which may not be aggregated across other accounts you own; or (2) own an open Key Private Bank checking or Key Private Bank - Personal Checking account (either of which may be referred to as the “Relationship Account”).

Qualifying transactions include, but are not limited to, point of sale transactions, bill payment(s), ATM transactions, check, cash or direct deposits, and electronic funds transfers. Qualifying transactions exclude adjustments, advances, reversals, refunds, account-to-account transfers, person-to-person transfers, interest, service charges, and service fees. Eligible Plus 1 Accounts include any savings, lending, credit card, or investment product.

We will determine whether you have met the bank eligibility criteria for the current calendar month based on the qualifying transaction activity in your Relationship Account during the prior calendar month. You will automatically be enrolled in a grace period for the first month in which you fail to meet the bank criteria (the “Grace Month”) and will be eligible for relationship benefits throughout the Grace Month. If you fail to meet the bank criteria during the Grace Month, you will no longer receive the relationship benefits in the next calendar month. You will still receive relationship benefits so long as you own at least one Relationship Account. If you close all of your Relationship Account(s) you will no longer meet the bank eligibility criteria and will not receive a Grace Month, meaning you will lose relationship benefits starting the calendar month immediately following the month in which you closed your Relationship Account(s).

Your Account will begin to earn interest at the Relationship interest rate during the first full week of the month following the month you meet these requirements. 

The $20.00 monthly maintenance fee 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.

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 accounts Personal Checking Account Fees and Disclosures for additional information and Personal Savings Overdraft Protection Agreement for further information on linking savings account for protection.

Subject to terms and conditions in Service Agreement.

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