Key Select Money Market Savings℠ Account
Get more from your savings
Use Key Select Money Market Savings℠ to get more from your savings. Take advantage of easy to waive fees, relationship benefits, tiered interest rates for higher returns and much more.
Overview
| Waivable Monthly Maintenance Fee | $20 |
|---|---|
| Minimum Opening Deposit | $5,000.00 (1) |
| Interest Rate | Tiered based on balance and compounded daily. |
| Qualifies for Relationship Balances |
Yes |
| Check Writing |
Yes, limited |
| Can Be Used for Overdraft Protection | Yes, with no transfer fee. |
Features
Interest Rate
Our variable rate is compounded daily to give you the best possible returns.
Waivable Monthly Maintenance Fee
The $20.00 monthly maintenance fee will be waived for any month when the client meets one of the following requirements:
- Has a Key Advantage Checking®, Key Privilege Checking®, or Key Privilege Select Checking® account.
- Maintains a minimum daily balance of at least $25,000 during the statement cycle.
Check Writing
Withdrawals and transfers are limited to seven per month.2
Overdraft Protection
Link a savings account to your checking account to automatically cover overdrafts without a transfer fee.3
FDIC Insured
Up to the maximum allowable limit.
Easy to Manage
Check balances and manage your account anytime in KeyBank online and mobile banking.4
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.
If you close your account within 180 days, you will be charged an account early closure fee.
If the number of withdrawals/transfers made to another KeyBank account of yours or to a third party by means of a preauthorized or automatic transfer or telephonic (including data transmission) agreement, order or instruction, or by check, draft, debit card, or similar order and payable to a third party exceeds a total of seven per monthly period, your account will be charged $15.00 for each transfer or payment over the limit.
Subject to the terms of the Savings Overdraft Protection Agreement.
Must have a KeyBank checking account to enroll in online banking.
