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Our most popular checking account that includes exclusive discounts on products and services while also rewarding you for your everyday banking transactions.

Overview

Minimum Opening Deposit

$25

Monthly Maintenance Service Charge

$25, waived if you maintain $7,500 average balance; have your checking account linked to your Key Merchant Services account; or $20,000 in combined relationship balances

Wire Services

Unlimited incoming and three (3) outgoing domestic wire transfers per statement cycle at no charge

Online Banking with Bill Pay

Unlimited payments at no charge

Convenient Locations

1,200+ branches, 1,500+ ATMs

Currency Handling

$25,000 per statement cycle at no charge

Features

  • Up to 500 combined transactions per statement cycle at no charge. Automated Clearing House (ACH) and Bill Pay1 transactions do not count toward your total, allowing more transactions at no cost
  • Merchant Services and Payroll Processing discounts2
  • Overdraft protection with no annual fee with Business Cash Reserve Credit3, a KeyBank business savings account or KeyBank business credit card3
  • Enhanced KeyBank Relationship Rewards® program lets you earn points just by using your business checking account, debit card or expanding your KeyBank4 relationship
  • Dedicated Relationship Manager (RM) provided
  • Access to Key@Work®, which allows you to offer free and discounted banking services to employees at no cost to you
  • Sole proprietors can combine balances from qualifying personal deposit and credit accounts to meet the relationship requirement for a Reward Checking account

Disclosures

Please read our Small Business 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.

Minimum opening deposit of $250 is required. Accounts closed within 180 days charged $25. Other charges may apply.

1

The monthly Maintenance Service Charges for the KeyBank Basic Business Checking, KeyBank Business Interest Checking, and Key Business Reward Checking Accounts can be avoided if any of the following balance requirements are met:

The Average Ledger Balance in your business checking account during the monthly statement period was as follows:

The Average Ledger Balance in your Key Basic Business Checking account was $2500.00 or more ($1000.00 or more after May 11,2018),

The Daily Ledger Balance in your KeyBank Business Interest Checking was $5000.00 or more,

The Average Ledger Balance in your Business Reward Checking Account was $7500.00 or more;

Or:

The Combined cycle-to-date Average Ledger Balance in your all your accounts listed below during the monthly statement period was as follows:

The Combined cycle-to-date Average Ledger Balance in your Key Basic Business Checking account was $10,000.00 or more

The Combined cycle-to-date Average Ledger Balance in your KeyBank Business Interest Checking was $15,000.00 or more

The Combined cycle-to-date Average Ledger Balance in your Business Reward Checking Account was $20,000.00 or more;

Accounts included to determine the combined cycle-to-date Average Ledger Balance include 1)any combination of business checking (excluding certain business accounts opened for the benefit of others), business savings and business certificates of deposit accounts within two business days prior to your primary business checking account statement cycle date; and/or 2) the outstanding balance of all commercial loans and lines of credit including your Business Cash Reserve Credit Account(s) (excluding balances past due 60 days or more) as of no more than five business days prior to your primary business checking Account statement cycle date.

Additionally, if you are the sole owner* of your business, the list of account balances that may be combined to avoid the monthly Maintenance Service Charge on your primary business checking account includes all of the above business accounts and certain of your personal accounts as outlined below. You may avoid the monthly Maintenance Service Charge on your primary business checking account if the above mentioned Combined cycle-to-date balance requirements are met for the respective business checking account.

Accounts included to determine the combined cycle-to-date Average Ledger Balance for sole proprietors include: 1) the combined cycle-to-date Average Ledger Balance in any combination of personal and business checking, personal and business savings and personal and business certificates of deposit accounts within two business days prior to your Key Business Reward Checking Account statement cycle date; and/or 2) the outstanding balances of your standard consumer loan/line** of credit balances (excluding balances past due 60 days or more) as of no more than five business days prior to your Key Business Reward Checking Account statement cycle date.

* As used herein, "sole owner" means a natural person doing business as a sole proprietor and excludes separate legal entities such as corporations, partnerships, limited liability companies and not for profit enterprises.

(**Standard consumer loan and line products include Auto Loans, RV Loans, Marine Loans, Home Equity Loans, Home Equity Lines of Credit, Home Improvement Loans, Key Equity Options, Preferred (Unsecured) Credit Lines, Cash Reserve Credit, Personal Loans, Mobile Home Loans and Airplane Loans with KeyBank NA; and Credit Cards. Certain non-standard loans and lines of credit may not be included.)

2

Key Merchant Services is subject to credit approval. Both Key Merchant Services and Payroll Processing are subject to the terms and conditions of the service agreement.

3

All credit products are subject to credit approval.

4

There may be an annual fee for the KeyBank Relationship Rewards program based on the type of checking account you have.

Rewards

Get Rewarded for Credit Card Purchases

Get Rewarded for Credit Card Purchases
Checking

Order Your Business Checks Online Today

February 2018 Order Your Business Checks Online Today
Borrowing

Flexible Terms to Help You Grow Your Business

Flexible Terms to Help You Grow Your Business

Call Us

888-KEY4BIZ

TDD/TTY (Hearing Impaired):
1-800-539-8336

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