Preferred Line of Credit
Quick credit to cover the unexpected.
Open a line of credit to access when you need to, so you won’t have to apply for a new loan each time you have unexpected expenses, need overdraft protection, or need short-term financing for large purchases. The interest rate on your line is typically lower than most credit cards and it's easy to access funds in online and mobile banking. It’s credit, simplified.
Overview
| Interest Rate |
Variable |
|---|---|
| Payments | Variable, principal plus interest |
| Loan Amount | $2,000 to $25,000 |
| Flexible Payment Options |
Yes |
| Annual Fee |
$0 |
| Collateral Needed |
No |
| Manage in Online Banking | Yes |
Features
- Competitive interest rates
- No annual fee
- No collateral required
- Borrow up to your loan amount, repay, and borrow again
- Can be used for overdraft protection with your KeyBank checking account1
- Flexible payment options, including automatic payments
- Many ways to access: online banking transfers, unlimited check writing, branch teller transactions
All credit products are subject to credit approval.
1
Your credit line may not be used for overdraft protection on a KeyBank Hassle-Free Account®or KeyBank Savings account.
To apply, you must:
- Be 18 years of age or older
- Have a valid Social Security number
- Live within the following states: AK, CO, CT, ID, IN, MA, ME, MI, NY, OH, OR, PA, UT, VT, or WA
- Agree to provide additional personal and business information, if requested, such as tax returns and financial statements
- Certify that all information submitted in the application is true and correct
- Authorize the bank and/or a credit bureau to investigate the information on the application
