Best Keybank Promotions March 2020: $200-$250

One of these KeyBank offers could jumpstart your savings.

KeyBank offers a host of community banking services in 15 states, including Maine, New York, Colorado and Utah. For residents of the bank’s service area who are not already customers, now is the time to take advantage of its current promotions.

Although a GOBankingRates survey found that over 65% of respondents claimed they wouldn’t switch banks to take advantage of a promotion, you don’t have to follow their lead. Doing so basically means you’re walking away from free money. Instead, see what KeyBank has to offer to help you meet your financial goals. Then, decide for yourself if opening an account and scoring a nice cash bonus for your efforts is worth it.

Here’s a quick preview of what you’ll find in this guide to KeyBank promotions and offers for March 2020:

KeyBank Promotions at a Glance

To give you an overview of the promotions KeyBank is currently offering, here are the highlights:

Best KeyBank Promotions: March 2020
AccountBonus AmountExpiration DateMinimum Deposit To Qualify
Key Express Checking
Key Advantage Checking
Key Privilege Checking
Key Privilege Select Checking
$200April 24, 2020$500
Key Advantage Checking
Key Privilege Checking
Key Privilege Select Checking
$250April 3, 2020$1,000

Compare: Best Bank Promotions and Bonuses Available Now

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Current Keybank Promotions, Offers, Coupons, and Bonuses

Although the prospect of scoring a couple hundred dollars or more might grab your attention at first, it’s important to make sure you open a KeyBank account that will best meet your financial needs. Here’s what you need to know to make a decision.

KeyBank Checking Account: $200 Bonus

KeyBank is offering a $200 bonus when you open a Key Express Checking, Key Advantage Checking, Key Privilege Checking or Key Privilege Select Checking account.

All accounts require a minimum opening deposit of $50, and all accounts except for Key Express Checking are interest-bearing. Additionally, all accounts feature online banking with bill pay.

  • Minimum deposit to qualify: $500
  • Expiration date: April 24, 2020
  • How to get it: Use offer code ONAS 1119 when opening the checking account of your choice on KeyBank’s website. Make one single direct deposit of $500 or more within 60 days of account opening.
  • When you’ll get it: You’ll receive the bonus within 60 days of meeting the requirements.
  • Terms and conditions: A $25 early closure fee will be charged for closing the account within 180 days of opening. This offer is not valid for individuals who have had a KeyBank checking account or KeyBank Hassle-Free Account within the last 12 months. KeyBank checking accounts that are closed or overdrawn at the time of the bonus credit are not eligible to receive the reward.
  • Monthly fees: Fees are $7 to $50, depending on the checking account type. But there are options to avoid fees.
  • Promotion page: KeyBank $200 Bonus

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KeyBank Checking Account: $250 Bonus

Employees of companies that belong to the KeyBank Key@Work program can snag a $250 bonus by opening any of KeyBank’s checking account options except for Key Express Checking. A minimum opening deposit of $50 applies.

  • Minimum deposit to qualify: $1,000
  • Expiration date: April 3, 2020
  • How to get it: First, enroll in the Key@Work program through your employer. Then, enter offer code ONKW0120 when applying for a Key Advantage Checking, Key Privilege Checking or Key Privilege Select Checking account online. Make at least $1,000 in cumulative direct deposits within 60 days of account opening.
  • When you’ll get it: You’ll receive your $250 cash bonus within 120 days of meeting the qualifying requirements.
  • Terms and conditions: This offer is not available to individuals who’ve held any KeyBank checking account or a KeyBank Hassle-Free Account within the last 12 months as a primary owner. A $25 early account closure fee will apply if you close your account within 180 days of account opening. Accounts that are overdrawn or closed at the time of the bonus payment are not eligible.
  • Monthly fees: Fees are between $18 and $50, depending on the checking account type.
  • Promotion page: KeyBank $250 Bonus

Read More: Guide to Daily ATM Withdrawal Limits and Debit Purchase Limits

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How To Open a KeyBank Account

You can open a KeyBank account online, in person or by calling. Here’s how.

Opening a KeyBank Account Online

Go to the KeyBank website to open an account online. First, you’ll have to enter your ZIP code to determine whether KeyBank offers accounts in your area. Then you’ll need your Social Security number, driver’s license information and the minimum opening deposit available to apply. Applying for an account takes less than 10 minutes, according to KeyBank.

You can also contact a KeyBank representative via live chat. The chat representative can help you complete your online application to open an account.

Opening a KeyBank Account in Person

You can also open a KeyBank account in person. Use the KeyBank branch locator to find the location nearest you so you can confirm the street address and branch hours before heading out.

Opening a KeyBank Account by Phone

To open a KeyBank account by phone, call the bank at 800-539-2968. Follow the prompts to reach a representative who can assist you in opening an account.

See: The Best Regional Banks of 2020 — KeyBank Made the List

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Are KeyBank Promotions Right for You?

KeyBank offers a full suite of banking products and services, including deposit accounts, credit cards, personal loans and lines, mortgage loans and home equity loans and lines. The bank has branch locations in 15 U.S. states and also offers online and mobile banking.

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When you’re looking for a full-service bank that has both a brick-and-mortar presence and online capabilities, KeyBank’s account offerings and promotions are worth checking out.

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This content is not provided by KeyBank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by KeyBank.

    About the Author

    Cynthia Measom is a Texas-based writer specializing in finance, business, parenting and education. With almost a decade of online writing experience, her work has appeared on websites such as, The Bump and The Motley Fool. Measom received a Bachelor of Arts in English from the University of Texas at Austin.