compare checking accounts and earn $300* with Key Smart Checking®.
To earn $300*, open a Key Smart Checking® account and meet requirements.
Choose a checking account that checks all your boxes. Get paid up to two days sooner with Early Pay.3 Set up automatic savings with EasyUp®. Bank conveniently — online, in the app or at our branches and ATMs.4,5 Compare our checking accounts and open yours online in minutes.
Key Smart Checking®
No monthly maintenance fees and, now for limited time, a $300* bonus. Must make one eligible direct deposit* of at least $1,000 within 60 days of account opening. Check offer details.
More KeyBank Checking Accounts
- No monthly maintenance fee, no minimum balance
- Paper checks and every digital feature
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$0
Monthly Maintenance Fee
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No
Interest Bearing
- Earn $100 year after year with qualified direct deposits
- Interest compounded daily
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$252
Waivable Monthly Maintenance Fee
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Yes
Interest Bearing
- No monthly maintenance fee, no minimum balance
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$0
Monthly Maintenance Fee
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No
Interest Bearing
Checking accounts that put you in control of your money.
See the rewarding benefits of banking with Key.
Now Featuring Early Pay
With Early Pay, your payday could come up to two days sooner. No cost, no fees.3
EasyUp®, Automatic Savings
Use EasyUp to build up savings or pay down debt without even thinking about it.
Key Coverage Zone®
If your account’s overdrawn by $20 or less at the end of the day, you won’t see an overdraft fee6 from KeyBank.
Account Alerts
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,7 pay bills, send money to friends and family and more.4,5
- 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.6
- 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.
Earn interest rate ( blended APY*) for 6 months.
Rate available with Key Select Money Market Savings® balances of $25,000 to $1,999,999.99 with an increase in total relationship balances of at least $25,000.
Frequently Asked Questions About Personal Checking Accounts
Typically, it takes about 5 minutes to open a checking account online.
To apply for a new checking account, you'll need:
- Your Social Security number
- One valid form of primary identification (such as a driver’s license, passport, or government-issued ID with photo and signature)
- Minimum opening deposit required (this amount varies depending on the account)
Once your 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.
A checking account is a convenient way to protect and access your money. For example, you can have your paycheck automatically direct deposited into your checking account and pay your bills directly from there. A checking account can also help you keep track of your account balance and spending.
Yes. KeyBank checking accounts are FDIC-insured.
There are several things to consider when choosing the best checking account:
- Which accounts have monthly fees or service fees, and how can I avoid them?
- Is there a minimum balance requirement, and can I maintain that balance?
- Does this account come with free ATM usage?
- Does this checking account earn interest?
KeyBank’s Key Select Checking account is an interest-bearing checking account; for current balance tiers and rates, please call 1-866-821-9154. Key Smart Checking and KeyBank Hassle-Free Account are not interest bearing.
Debit cards look just like credit cards but have a few important differences. A debit card is linked directly to your checking account, so when you make a purchase with it, that amount is deducted from your account. A credit card is treated more like a loan. You have extra time to repay the credit card amount but may be charged interest if it isn’t paid in full and on time. Also, a credit card’s ability to pay for emergencies can bring you peace of mind when you don’t have the funds in your checking account.
A KeyBank debit card can help you keep within your budget to avoid overspending, plus it can be used at ATMs and millions of retailers worldwide that accept Debit Mastercard®. Debit cards are available with any KeyBank checking account.
Your KeyBank Debit Mastercard® has an embedded chip, which is the latest technology available to keep your information safe. When you check out at a chip-enabled point of sale, you may be asked to put in a personal identification number (PIN) to authorize the transaction.
1
Key Select Checking Account is an interest-bearing account. Annual Percentage Yields (APY) are accurate as of , 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.
2
$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:
NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL OR STATE GOVERNMENT AGENCY
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.
3
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.
4
Subject to terms and conditions in Service Agreement.
5
Message and Data rates may apply from your wireless carrier.
6
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 account's Personal Checking Account Fees and Disclosures for additional information and Personal Savings Overdraft Protection Agreement for further information on linking savings account for protection.
7
Immediate Funds℠ is available in the KeyBank mobile app as an option for eligible mobile check deposits. You will also have the option for a standard deposit at no charge. The Immediate Funds fee is 2% of the deposit amount, with a minimum fee of $2.
Immediate Funds requests made after 11:00 p.m. ET will have immediate funds availability for ATM withdrawal and point-of-sale transactions. However, it will take until the next business day for the funds to be available to cover overdrafts or other transaction types. For more information, review our Funds Availability Policy.
Please read our Agreements and Disclosures. If you opened your deposit account online within the last 90 days, you may also review the original agreements and disclosures provided to you.
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.