Key Select Checking®
Earn interest and an annual $100 cash bonus.1
Key Select Checking accounts have all the features you expect — like fee-free access to 40,000+ ATMs — and the cash bonuses you wouldn’t. When you open a Key Select Checking account and make qualified direct deposits, you’ll earn a $100 cash bonus, year after year.
Interest-Bearing Checking Account Overview
| Waivable Monthly Maintenance Fee | $25 or $0 (2) |
|---|---|
| Annual Percentage Yield |
Variable |
| No Fee ATMs |
$0 KeyBank and Allpoint® ATM access nationwide with your KeyBank Debit Mastercard® |
| ATM Fee Rebates | $6 for fees charged by out-of-network ATMs3 |
| Overdraft Protection Transfer Fee | $0 automatic transfers from a linked KeyBank credit or savings account4 |
| Paper Checks | No-cost check options; some licensed designs and customization options have an associated cost; shipping and taxes apply |
NOW FEATURING EARLY PAY
With Early Pay, payday could be just that. Early.
Add direct deposits to your checking account and you could get paid up to two days sooner.5
Features and Benefits
$100 Cash Bonus, Year After Year
Earn your bonus by continuing to make eligible direct deposits to your Key Select Checking account before your bonus qualification date. Get details.
Waive the Monthly Maintenance Fee
Your fee will be waived if you have $5,000 a month in direct deposits, or at least $15,000 in combined KeyBank account balances. We also waive the fee for the first three statement periods.2
Earn Interest, Save More
Save more with daily compounded interest and a monthly fee waiver6 for our premium savings account, Key Select Money Market Savings®.
Checking that puts you in control of your money.
See the rewarding benefits of banking with Key
Visit us at any of our convenient branches and 40,000 KeyBank ATMs and Allpoint ATMs nationwide. Find a location.
If your account’s overdrawn by $20 or less at the end of the day, you won’t see an overdraft fee4 from KeyBank.
Set custom account alerts so you can receive text or email updates about the account information that's important to you.7
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 option to get your money immediately,8 pay bills, send money to friends and family and more.7,9
- Overdraft Protection
Link your checking account to an eligible credit or savings account to automatically cover overdrafts without a transfer fee.4
- KeyBank Debit Mastercard®
Enjoy chip security, Tap & Go technology, and all the benefits of Mastercard.
- EasyUp®, Automatic Savings
Use EasyUp to build up savings or pay down debt without even thinking about it.
- Relationship Rates and Benefits
Earn higher interest rates, more cashback, loan discounts, and more — it all starts with a KeyBank checking account. Learn more about relationship benefits.
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.
Frequently Asked Questions About Key Select Checking
The interest rate for Key Select Checking is variable and based on where you live. You’ll always see your current interest rate in online and mobile banking, on your monthly statement, and at Rates & Fees.
The interest rate for Key Select Checking is compounded daily for higher returns and is in addition to the annual $100 cash bonus you may earn with eligible direct deposits.
Key Select Checking is an interest-bearing checking account with an annual cash bonus that you can open online in about five minutes.
You’ll need:
- Your Social Security number
- One valid form of primary identification (such as a driver’s license, passport, or government-issued ID with photo and signature)
- $50 minimum opening deposit
Once your Key Select 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.
Here’s how to qualify to earn the $100 annual cash bonus for Key Select Checking:
Make qualified direct deposits.
- Direct deposit at least $60,000 over the evaluation period, which is 12 months long and begins with the third statement period after you open your account. For example, if you open your account June 1, your evaluation period would be August 1 through July 31.
- Make sure that at least one eligible direct deposit is received during the last 60 days of the evaluation period.
Collect your $100 cash bonus.
Your $100 cash bonus will be deposited into your checking account within 30 calendar days of the end of the evaluation period, unless your account is closed, inactive, or in escheatable status (owned by the state).
Yes, your $100 cash bonus will be reported to the IRS on form 1099-INT.
With Key Select Checking, there are no-cost check options and some customized and designer options for a fee. Shipping and taxes apply to check orders.
It’s fast and easy to order checks from KeyBank online and mobile banking, in any KeyBank branch, or with your routing and account number, directly from our preferred vender Harland Clark. Order online or at 1-800-355-8123, TDD/TTY 1-800-539-8336.
