give your business a $500 bonus.¹

To receive the $500 Key Business Checking offer, open a new KeyBank Basic Business Checking® or KeyBank Business Reward Checking® account with marketing code MDN12025 by 10/3/2025. Accounts are subject to approval. Offer only available if the business entity (SSN/TIN) has not had a KeyBank commercial or business savings or a KeyBank commercial or business checking account during the past 12 months. Make a total of $5,000 or more in deposits into your new qualifying checking account within 30 days of account opening. You must then maintain an end-of-day balance of at least $5,000 from the date you first reach this balance in the new checking account for at least 90 consecutive days. If the balance deposit amount decreases below the threshold during the 90-day period, your checking account will no longer qualify for the promotion. Your $500 bonus will be deposited into your new KeyBank Basic Business Checking or KeyBank Business Reward Checking account within 60 days of meeting all requirements. The minimum opening deposit for a KeyBank Basic Business Checking or KeyBank Business Reward Checking account is $25. Limit one account-opening offer per qualifying account. Limit one account-opening offer per business entity (SSN/TIN). The value of your account-opening offer will be reported on Form 1099-INT. Account must not be closed at the time of gift payment. This account-opening offer is subject to cancellation without notice. Valid Social Security Number and/or Taxpayer Identification Number and U.S. address required to qualify for offer. KeyBank Basic Business Checking and KeyBank Business Reward Checking accounts have monthly service charges. See key.com/smallbusiness for more information. Employees of KeyBank, its affiliates and subsidiaries are not eligible for this offer. Banking products and services are offered by KeyBank National Association.

Transactions exceeding the monthly included transactions will be charged a fee in accordance with the Deposit Account Disclosures.

KeyBank Basic Business Checking

The monthly Maintenance Service Charge of $5 for the KeyBank Basic account can be avoided if any of the following balance requirements are met during the monthly statement period as follows:

• The Average Ledger Balance in your KeyBank Basic Business Checking account was $1,000.00 or more during the monthly statement period; or
• The total of the following was $10,000.00 or more: 1) the combined cycle-to-date Average Ledger Balance in 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 KeyBank Basic 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 KeyBank Basic 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 KeyBank Basic 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 KeyBank Basic Business Checking account if the following balance requirement is met:

• The total of the following was $10,000.00 or more: 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 KeyBank Basic Business 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 KeyBank Basic Business Checking account statement cycle date. See account opening disclosures for more information.

• 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 including credit cards with KeyBank NA. Certain non-standard loans and lines of credit may not be included.

Key Business Reward Checking

The monthly Maintance Service charge is waived for the first two months that the account is open.

Beginning in the third month, the monthly Maintenance Service of $25 for the Business Rewards Checking account can be avoided if any of the following balance requirements are met during the monthly statement period as follows:

• The Average Ledger Balance in your Key Business Reward Checking account was $7,500.00 or more during the monthly statement period; or
• The total of the following was $20,000.00 or more: 1) the combined cycle-to-date Average Ledger Balance in 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 Key Business Reward 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 Key Business Reward Checking account statement cycle date; or
• Subscribe to Key Merchant Services.

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 Key Business Reward 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 Key Business Reward Checking account if the following balance requirement is met:

• The total of the following was $20,000.00 or more: 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. See account opening disclosures for more information.

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 including credit cards with KeyBank NA. Certain non-standard loans and lines of credit may not be included.

Eligible accounts include a KeyBank business savings account, KeyBank business credit card or a KeyBank business cash reserve credit account.