compare checking accounts and earn $300* with Key Smart Checking®.
To earn $300*, open a Key Smart Checking® account and meet requirements.
Choose a checking account that checks all your boxes. Get paid up to two days sooner with Early Pay.3 Set up automatic savings with EasyUp®. Bank conveniently — online, in the app or at our branches and ATMs.4,5 Compare our checking accounts and open yours online in minutes.
Key Smart Checking
No monthly maintenance fee. It's a checking account, not a country club.
More KeyBank Checking Accounts
- No monthly maintenance fee, no minimum balance
- Paper checks and every digital feature
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$0
Monthly Maintenance Fee
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No
Interest Bearing
- Earn $100 year after year with qualified direct deposits
- Interest compounded daily
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$252
Waivable Monthly Maintenance Fee
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Yes
Interest Bearing
- No monthly maintenance fees, no minimum balance
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$0
Monthly Maintenance Fee
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No
Interest Bearing
Banking that puts you in control of your money.
See the rewarding benefits of banking with Key.
Early Pay with Direct Deposit
Easily set up direct deposit to your KeyBank account and you could get paid up to two days sooner. 3
EasyUp®, Automatic Savings
Use EasyUp to build up savings or pay down debt without even thinking about it.
Key Coverage Zone℠
If your account’s overdrawn by $20 or less at the end of the day, you won’t see an overdraft fee from KeyBank.
Account Alerts4
Set custom account alerts so you can receive text or email updates about the account information that's important to you.4
Easy, everyday banking with everything you need.
Get all the convenient features of KeyBank checking accounts.
- Secure Online and Mobile Banking
Deposit checks in the mobile app with the ability to immediately access your funds,5 pay bills, send money to friends and family, and more.6 Get the KeyBank mobile app.
- Convenient Branches and ATMs
Visit us at any of our branches and 40,000 KeyBank and Allpoint ATMs nationwide. Find a location.
- Overdraft Protection
Link your checking account to an eligible credit or savings account to automatically cover overdrafts without a transfer fee.7
- KeyBank Debit Mastercard®
Enjoy chip security, Tap & Go technology and all benefits of Mastercard.
- Unlock Relationship Benefits
Being a Key Relationship client opens doors to higher interest rates, more cashback with your credit card, and loan discounts.8
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 of at least $25,000.
APY1 for 7-month term.
Open a KeyBank CD with $10,000–$99,999.99 and earn the Relationship Reward rate shown when you also have a Key checking account (excludes Key Express Checking®, KeyBank Hassle-Free Account® and Key Smart Checking®).
Frequently Asked Questions about Personal Checking Accounts
Typically, it takes about 5 minutes to open a checking account online.
To apply for a new checking account, you'll need:
- Your Social Security number
- One valid form of primary identification (like a driver’s license, passport or government-issued ID with photo and signature)
- Minimum opening deposit required (this amount varies depending on the account)
Once your checking account application is submitted and approved, you’ll receive a confirmation message that includes your account number. You can use your account number to immediately enroll in online and mobile banking.
If you chose to receive a debit card, it will arrive 5-7 days after you make the initial deposit in your checking account. If you chose to receive checks, they’ll arrive in 10-14 days.
A checking account is a convenient way to protect and access your money. For example, you can have your paycheck automatically direct deposited into your checking account and pay your bills directly from there. A checking account can also help you keep track of your account balance and spending.
Yes. KeyBank checking accounts are FDIC-insured up to the maximum amount allowed by law. For more information, call 1-800-KEY2YOU® (1-800-539-2968) or visit a branch near you.
There are several things to consider when choosing the best checking account:
- Which accounts have monthly fees or service fees, and how can I avoid them?
- Is there a minimum balance requirement, and can I maintain that balance?
- Does this account come with free ATM usage?
- Does this checking account earn interest?
KeyBank’s Key Select Checking account is an interest-bearing checking account; for current balance tiers and rates, please call 1-866-821-9154. Key Smart Checking and KeyBank Hassle-Free Account are not interest-bearing.
Debit cards look just like credit cards but have a few important differences. A debit card is linked directly to your checking account, so when you make a purchase with it, that amount is deducted from your account. A credit card is treated more like a loan. You have extra time to repay the credit card amount but may be charged interest if it isn’t paid in full, and on time.
A KeyBank debit card can help you keep within your budget to avoid overspending, plus it can be used at ATMs and millions of retailers worldwide that accept Debit Mastercard®. Also, a credit card’s ability to pay for emergencies can bring you peace of mind when you don’t have the funds in your checking account. Debit cards are available with any KeyBank checking account.
Your KeyBank Debit Mastercard® has an embedded chip, which is the latest technology available to keep your information safe. When you check out at a chip enabled point of sale, you may be asked to put in a personal identification number (PIN) to authorize the transaction.
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Key Select Checking Account is an interest-bearing account. Annual Percentage Yields (APY) are accurate as of , for zip code 44114. 0.05% APY applies to balances of $0.00-$2,499.99, 0.05% APY on balances $2,500-$4,999.99, 0.05% APY on balances $5,000-$9,999.99, 0.05% APY on balances $10,000-$24,999.99, 0.05% APY on balances $25,000-$49,999.99, 0.05% APY on balances $50,000-$99,999.99, 0.05% APY on balances $100,000-$249,999.99, 0.05% APY on balances $250,000-$499,999.99, 0.05% APY on balances $500,000-$999,999.99, 0.05% APY on balances $1,000,000 and above. Key Select Checking Account is a variable rate account, rates may vary. Rates and terms may change at the bank’s discretion. Minimum balance to open this account is $50. Fees may reduce earnings.
- New Key Select Checking Account: Your account will be reviewed for eligible deposits during the 12 calendar months following the first calendar day of the second full month after account opening
$100 BONUS
- Direct Deposits: To qualify for the $100 bonus, eligible direct deposits:
a. Must total at least $60,000 during the Evaluation Period.
b. Are limited to electronic direct deposits such as your payroll, pension, and government benefit payments. Other deposits or credits to your account, such as deposits of funds from person-to-person payments, check or mobile deposits, and other online transfers are not considered an eligible direct deposit for bonus eligibility purposes.
c. At least one eligible direct deposit transaction (in any amount) must be received within the final two calendar months at the end of the Evaluation Period.
Your account will be reviewed at the end of each Evaluation Period for cash bonus eligibility. Eligibility is based on cumulative direct deposits in the preceding Evaluation Period. Your $100 bonus will be reported to the IRS on Form 1099-INT. Your $100 bonus will be deposited into your checking account within 30 calendar days after the Evaluation Period has expired. If your account is converted into an account type other than a Key Select Checking Account during the Evaluation Period, progress toward the cash bonus is forfeited. Accounts that are closed or in a legally dormant status (determined pursuant to applicable state law) at the end of the Evaluation Period or at the time of the bonus payout are not eligible for the bonus payment.
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This service is not available with KeyBank Hassle-Free Account®. Caching test last Updated at 7:02 AM
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Subject to terms and conditions in Service Agreement.
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To avoid Maintenance Service Charges... Dynamic PrimeRate : 12.5%
- To avoid the $18 monthly maintenance fee for Key Advantage Checking® Account, meet any of the following requirements:
- Any combination of balances from your KeyBank checking, savings deposit, certificates of deposit, retirement deposits, investment* (including annuity balances reflected on your KIS account statement) and credit accounts was $10,000.00 or more.
- You have a KeyBank originated mortgage and you have automatic payment deducted via ACH deducting $500.00 or more from your Key Advantage Checking account during a statement cycle. If your mortgage automatic payment deduction plan should be discontinued, you may be subject to the combined balance requirements to avoid the monthly maintenance fee.
- You are a Key@Work® program member and you have direct deposits totaling $1000.00 or more credited to your Key Advantage Checking account during a statement cycle. If you leave your current employer and direct deposits are discontinued, you may be subject to the combined balance requirement to avoid the monthly maintenance fee until direct deposits are reinstated by your new employer.
- As a Key Privilege client, you can avoid the $25 monthly maintenance fee if:
- You maintain a combined balance of $25,000 or more in any combination of deposit, investment* and credit accounts.
- You have a mortgage originated through KeyBank and you have an automatic payment deduction plan via ACH deducting $500 or more from your Key Privilege Checking Account during a statement cycle. If your mortgage automatic payment deduction plan should be discontinued, you may be subject to the combined balance requirements to avoid the maintenance fees.
- You are a Key@Work program member and you have direct deposits totaling at least $2,500.00 or more credited to this Account during a statement period. If you leave your current employer and direct deposits stop, you may be subject to the combined balance requirement to avoid the monthly maintenance fee until direct deposits are reinstated.
- To avoid the $50 monthly maintenance fee for Key Privilege Select Checking® Account, you must maintain a minimum of $100,000 in combined relationship balances (sweep investment, deposits and investment* [including annuity balances reflected on your KIS account statement]) each statement cycle OR be a Key@Work program member and have a total of at least $5,000 in direct deposits each statement cycle credited to this Account.
Investment products are offered through Key Investment Services LLC (KIS), member FINRA/SIPC and SEC-registered investment advisor. Insurance products are offered through KeyCorp Insurance Agency USA, Inc. (KIA). KIS and KIA are affiliated with KeyBank National Association (KeyBank).
Investment and insurance products made available through KIS and KIA are:
NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL OR STATE GOVERNMENT AGENCY
KIS, KIA and KeyBank are separate entities, and when you buy or sell securities and insurance products you are doing business with KIS and/or KIA, and not KeyBank.
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Message and Data rates may apply.
Mastercard and the Mastercard Brand Mark are registered trademarks of Mastercard International Incorporated.
