Key Smart Checking
If monthly fees and minimum requirements for balances and transactions don’t get you anywhere but behind, open Key Smart Checking — a basic, free checking account with no monthly maintenance fees.
Free Checking Account Overview
| Monthly Maintenance Fee | $0 |
|---|---|
| Minimum Balance Requirement | $0 |
| Transaction Minimum | No transaction requirements |
| Overdraft Protection Transfer Fee | $0 automatic overdraft protection transfers from a linked savings or credit account2 |
| Minimum Opening Deposit |
$10 |
| Paper Checks | Yes. Order checks now. |
| No Fee ATMs |
$0 KeyBank and Allpoint® ATM access nationwide with your KeyBank Debit Mastercard® |
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.3
Features and Benefits
Great with Savings
Pair with Key Active Saver® to easily transfer money, save with EasyUp, and avoid extra fees. The monthly fee for Key Active Saver is waived when you also have a KeyBank consumer checking account.4
Start with $10
Easily open our free checking account with an opening deposit of at least $10.
Checking that puts you in control of your money.
See the rewarding benefits of banking with Key.
Use EasyUp to build up savings or pay down debt without even thinking about it.
If your account’s overdrawn by $20 or less at the end of the day, you won’t see an overdraft fee2 from KeyBank.
Set custom account alerts so you can receive text or email updates about the account information that's important to you.5
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,6 pay bills, send money to friends and family and more.5,7
- 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.2
- KeyBank Debit Mastercard®
Enjoy chip security, Tap & Go technology, and all the benefits of Mastercard.
- 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.
Frequently Asked Questions About Key Smart Checking
To apply for a KeyBank Smart Checking account, you'll need the following:
- Your Social Security number
- One valid form of primary identification (such as a driver’s license, valid passport, or government-issued ID with photo and signature)
- Minimum opening deposit required (this amount varies depending on the account)
Yes, KeyBank has free checking account options with no monthly maintenance fee, no minimum balance requirement, and no minimum transaction amount. There is a $10 minimum deposit required to open these accounts.
Once your KeyBank Smart 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.
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, online or at 1-800-355-8123, or TDD/TTY 1-800-539-8336.
Yes, our Key Smart Checking account is great for student banking because it’s a free checking account1 with no monthly maintenance fees and no minimum balance. Plus, KeyBank’s secure online and mobile banking, 1,000+ branches, and 40,000+ KeyBank and Allpoint ATMs nationwide make banking convenient.
