earn up to $800.^3,4

Key Select Checking Account is an interest-bearing account. Annual Percentage Yields (APY) are accurate as of May 01, 2025, for zip code 44114. 0.05% APY applies to balances of $0.00-$2,499.99, 0.05% APY on balances $2,500-$4,999.99, 0.05% APY on balances $5,000-$9,999.99, 0.05% APY on balances $10,000-$24,999.99, 0.05% APY on balances $25,000-$49,999.99, 0.05% APY on balances $50,000-$99,999.99, 0.05% APY on balances $100,000-$249,999.99, 0.05% APY on balances $250,000-$499,999.99, 0.05% APY on balances $500,000-$999,999.99, 0.05% APY on balances $1,000,000 and above. Key Select Checking Account is a variable rate account, rates may vary. Rates and terms may change at the bank’s discretion. Minimum balance to open this account is $50. Fees may reduce earnings.

EVALUATION PERIOD DEFINITIONS

• New Key Select Checking Account: Your account will be reviewed for eligible deposits during the 12 calendar months following the first calendar day of the second full month after account opening.

$100 BONUS

• Direct Deposits: To qualify for the $100 bonus, ALL of the following three requirements must be met. Eligible direct deposits:
  • Must total at least $60,000 during the Evaluation Period.
  • Are electronic automated clearing house (ACH) deposits. Examples of eligible direct deposits include, but are not limited to: payroll, Social Security, pension and government benefits. Deposits made through a teller, ATM, or the KeyBank mobile app are ineligible direct deposits. 
  • At least one eligible direct deposit transaction (in any amount) must be received within the final two calendar months at the end of the Evaluation Period.

Your account will be reviewed at the end of each Evaluation Period for cash bonus eligibility. Eligibility is based on cumulative direct deposits in the preceding Evaluation Period. Your $100 bonus will be reported to the IRS on Form 1099-INT. Your $100 bonus will be deposited into your checking account within 30 calendar days after the Evaluation Period has expired. If your account is converted into an account type other than a Key Select Checking Account during the Evaluation Period, progress toward the cash bonus is forfeited. Accounts that are closed or in a legally dormant status (legally dormant status is determined by applicable state law) at the end of the Evaluation Period or at the time of the bonus payout are not eligible for the bonus payment.

$25 monthly maintenance fee (waived for the first 3 months). 

After the 3 month grace period, the $25 monthly maintenance fee for the Key Select Checking Account can be avoided if one of the following requirements is met in a statement period:

• You have direct deposits totaling at least $5,000 during each statement period.
• The combined balance in any combination of KeyBank checking and savings deposit accounts, certificates of deposit, retirement accounts, and Key Investment Services LLC accounts is $15,000 or more.
• You are a Key@Work program member and have at least $3,000 in cumulative direct deposit each statement period. If you leave your current employer and direct deposits are discontinued you may be subject to the combined balance requirements to avoid the monthly maintenance fee until direct deposits are reinstated by your new employer.

Investment products are offered through Key Investment Services LLC (KIS), member FINRA/SIPC and SEC-registered investment advisor.

Insurance products are offered through KeyCorp Insurance Agency USA, Inc. (KIA). KIS and KIA are affiliated with KeyBank National Association (KeyBank).

Investment and insurance products made available through KIS and KIA are:

KIS, KIA and KeyBank are separate entities, and when you buy or sell securities and insurance products you are doing business with KIS and/or KIA, and not KeyBank.

This offer is redeemable in a KeyBank branch OR online; however, if you are a non-U.S. citizen, you must open your account in a KeyBank branch. Valid Social Security Number or Taxpayer Identification Number and U.S. address required to qualify for promotion. Offer not available to individuals who were a primary account owner of a KeyBank personal checking account in the last 12 months. You must open a Key Smart Checking^® Account, KeyBank Hassle-Free Account, or a Key Select Checking^® Account by the expiration date 5/23/25 at 11:59 p.m. (ET), and make a total of $1,000 or more in eligible direct deposits within 90 days of account opening to get $500. Eligible direct deposits are electronic automated clearing house (ACH) deposits. Examples of eligible direct deposits include, but are not limited to: payroll, Social Security, pension and government benefits. Deposits made through a teller, ATM, or the KeyBank mobile app are ineligible direct deposits. Your $500 cash bonus will be deposited into your new KeyBank checking account within 60 days of meeting all requirements. The minimum opening deposit of a Key Smart Checking account or a KeyBank Hassle-Free Account is $10. The minimum opening deposit of a Key Select Checking account is $50. Employees of KeyBank, its affiliates and subsidiaries are not eligible for this offer. You must have received a personalized promotional offer code directly from KeyBank and enter the offer code AND your reservation code at the time of account opening to qualify. Limit one account-opening offer per qualifying account. Limit one account-opening offer per individual. The value of your account-opening offer will be reported on Form 1099-INT. Account must not be closed at the time of gift payment. This account-opening offer is subject to cancellation without notice. KeyBank is not responsible for, and will not honor, promotional offers that appear on non-KeyBank websites or that are not authorized by KeyBank. Geographic restrictions apply and account opening is subject to approval.

To receive an additional $300, you must have qualified and received the initial $500 offer, make at least one eligible direct deposit to your new checking account 30 days prior to your one-year account-opening anniversary. Account must not be closed at the time of gift payment. The value of your additional $300 will be reported on Form 1099-INT and deposited into your account within 60 days of meeting requirements.

Early Pay is a service included with your KeyBank consumer deposit account in which KeyBank makes your eligible direct deposits available up to two business days early. Eligible direct deposits include certain transactions such as payroll, government benefits, or similar types of payments. The Early Pay service is dependent on when KeyBank receives information from the payer that the funds are on the way, this could vary, and you may not always receive your funds early. You cannot opt out of Early Pay.

Subject to terms and conditions in Service Agreement.

Message and Data rates may apply from your wireless carrier.

Overdraft Item Charges are $20 per item. Charges apply to transactions created by check, in-person withdrawal, recurring debit card transactions, or other electronic means. Overdraft charges will not be imposed on ATM withdrawals or one-time debit card items unless the customer has opted in authorizing Key to pay these items into overdraft and assess a charge. You agree to pay us the full amount of any overdraft on your Account immediately upon demand, together with any additional charges we assess. KeyBank’s approval of overdrafts is a discretionary courtesy. For Consumer accounts: No charges will be assessed when the account is overdrawn twenty ($20) dollars or less at the end of the day. Overdraft charges are assessed on up to three (3) items per day, with the maximum not to exceed $60 per day per account. Overdraft charges may not post on the same day as the transaction which triggers the fee(s). There is a cap of 20 assessed overdraft charges within a monthly statement period. If at the end of the day, your account’s overdrawn available balance is more than $20 for 5 consecutive business days, an additional $20 Recurring Overdraft Service Charge will be assessed. See your accounts Personal Checking Account Fees and Disclosures for additional information and Personal Savings Overdraft Protection Agreement for further information on linking savings account for protection.

KeyCorp is not affiliated with, maintained by, or in any way officially connected with Harland Clarke or any of its business units.

Zelle and the Zelle-related marks are wholly owned by Early Warning Services, LLC, and are used herein under license.

The issuer of this debit card is KeyBank N.A. pursuant to a license from Mastercard International Incorporated. Mastercard and Tap & Go are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated.

KeyBank Member FDIC