KeyBank Promotions: Best Offers and Bonuses for 2025

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Like many banks, KeyBank regularly runs promotions to attract new customers. Banks are willing to pay you for your business, and you can potentially earn hundreds by taking advantage of their promotions.

Current KeyBank Promotions: September 2025

Checking and savings account bonuses are an easy way to make some extra cash. Read on for the details.

KeyBank Checking Account Bonuses

Here’s a look at some of the bonuses that KeyBank is currently offering.

Key Select Checking: $500 Bonus

Key Select Checking now offers the chance to earn a $500 bonus when you meet the new qualifications. You can open an account with as little as $50 and start working toward your bonus right away. Here’s what to know:

• Bonus value: $500
• Minimum deposit to qualify: $5,000
• Expiration date: Dec. 19, 2025
• How to claim: Open a checking account using offer code KDMB0825. Set up direct deposits totaling at least $5,000 within 90 days of account opening.
• When you’ll get it: The bonus will be deposited into your account within 60 days after meeting the requirements.
• Terms and conditions: Direct deposits must be electronic ACH deposits, such as payroll, Social Security, pension or government benefits. Deposits made through a teller, ATM or the KeyBank mobile app don’t qualify.
• Monthly fees: $25, but you can waive it by maintaining a combined minimum balance of $15,000 in KeyBank accounts or receiving at least $3,000 a month in direct deposit transactions.

Earn extra cash with the Key Select Checking bonus offer.

Key Smart Checking: $300 Bonus

KeySmart Checking gives you what you want and skips what you don’t want in a checking account. There are no minimum balance requirements or monthly service fees. And if your account is overdrawn $20 or less by the end of the day, you won’t incur an overdraft fee. Here’s how to earn the bonus:

• Bonus value: $300 
• Minimum deposit to qualify: $2,000 
• Expiration date: Dec. 19, 2025
• How to claim: Open a qualifying checking account before the promotion expiration date. Make sure you use the code provided on the offer page. Then receive at least one direct deposit within 90 days of opening the account. The deposit should total $2,000 or more.
• When you’ll get it: The bonus is deposited within 60 days after you meet the requirements.
• Terms and conditions: Qualifying direct deposits include deposits from payroll, Social Security, pension and government benefits. Customers can earn a maximum of one bonus. The offer is redeemable online only. You must use the offer code KDMA0625 by the expiration date.
• Monthly fees: $0

Check out the Key Smart Checking bonus offer.

KeyBank Savings Account Offer

KeyBank has just one savings account promotion on offer this month.

Key Select Money Market Savings: Interest Rate Bonus

If you have a considerable amount of cash that you don’t want to tie up in a certificate of deposit, the Key Select Money Market Savings account offers up to a interest rate ( blended APY) bonus for six months on qualifying balances.

Here are the details:

• Bonus value: Up to interest rate ( blended APY)
• Minimum deposit to qualify: $25,000
• Expiration date: None
• How to claim: Open a Key Select Money Market Savings account. Deposit at least $25,000 of outside funds into the account or other eligible KeyBank accounts, including personal checking, savings and CD accounts that make up your total relationship with KeyBank. Maintain at least a $25,000 balance.
• When you’ll get it: You’ll receive the bonus APY for six months. The rate is compounded daily for the highest possible return.
• Terms and conditions: The interest rate is variable. If you don’t maintain at least $25,000 in new funds, the bonus interest rate will return to the current variable interest rate until you meet the requirements. This bonus interest rate is only valid for six months.
• Monthly fees: $20, but can be waived by maintaining a minimum daily balance of $25,000 or having a KeyBank consumer relationship package checking account.

Learn more today with the Key Select Money Market Savings bonus offer.

KeyBank Promotions vs. Competitor Offers

KeyBank promotions offer attractive bonuses for new customers — but how do they compare to promotions from other banks? Here’s a look at current offers from KeyBank and its competitors:

While promotional bonuses can be an excellent incentive, it’s important to look beyond the cash offer. Consider factors like minimum deposit requirements, monthly fees and account features to pick the best option for you.

Checking

Savings

CDs

SELECTED BANK

4.7

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

KeyBank Checking Accounts

Start Banking

MOST COMPARABLE

4.7

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

Wells Fargo Everyday Checking Account

Read Review

MOST COMPARABLE

4.8

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

Huntington Checking Accounts

Read Review

Fees

Fees

Fees

$0 to $25, many waivable

$5 to $35 waivable monthly fee

$10 to $25

APY

APY

APY

for Key Select Checking

Up to

N/A

Min Opening

Min Opening

Min Opening

$0 to $50

$25

$0

SELECTED BANK

KeyBank Savings Accounts

Start Banking

MOST COMPARABLE

Wells Fargo Savings Account

Read Review

MOST COMPARABLE

Huntington Bank Savings Accounts

Read Review

Fees

Fees

Fees

$0

Up to $12 monthly service fee – can be waived

$4 to $10

APY

APY

APY

Up to for Platinum Savings accounts

Up to

Min Opening

Min Opening

Min Opening

$10

$25

$50

SELECTED BANK

3.0

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

KeyBank CD Accounts

Start Banking

MOST COMPARABLE

3.3

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

Wells Fargo CD Account

Read Review

MOST COMPARABLE

3.3

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

Huntington Bank CD Accounts

Read Review

Fees

Fees

Fees

N/A

Early withdrawal penalty may apply

No monthly service fee

APY

APY

APY

Up to

Up to

on 5-month promo CD

Min Opening

Min Opening

Min Opening

$2,500

$2,500 to $5,000

$1,000

Pro Tips for Maximizing Your KeyBank Offer

To make the most of your KeyBank promotion, keep these tips in mind:

• Follow the eligibility rules: Some bonuses require opening a specific account type, maintaining a minimum balance or using a promo code. Be sure to read the terms carefully.
• Set up direct deposit if needed: If the offer requires direct deposit, ensure you meet the minimum amount and that the funds come from an eligible source.
• Keep your account open: Closing your account too soon could result in losing your bonus. Review the terms to know how long you must keep the account open.

Conclusion

There’s plenty to like about KeyBank. It offers a full suite of banking products for personal and business customers.

Getting a bonus is a great incentive, but it shouldn’t be the only deciding factor when you’re choosing a new bank. You need a bank that offers the products and services you need to reach your financial goals. Also, you should consider whether you can meet KeyBank’s requirements to waive monthly maintenance fees, which can add up fast.

More About KeyBank

• KeyBank Review
• KeyBank Routing Number
• KeyBank CD Rates
• KeyBank Hours and Holidays
• KeyBank Near Me

Julia Gordon contributed to the reporting for this article.

Information on promotions is accurate as of Sept. 3, 2025. Additional requirements may apply. Offers and terms are subject to change.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

This article has been updated with additional reporting since its original publication.

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