KeyBank Hassle-Free Account®
Checkless account with no monthly maintenance fee.
An easy-to-use checking account with all the features you need — and none of the fees you don’t. Get paid up to two days sooner with Early Pay1. Spend securely with a Mastercard debit card. Set up automatic savings with EasyUp®.
Checkless Checking Account Overview
| Monthly Maintenance Fee |
$0 |
|---|---|
| Minimum Balance Requirement |
$0 |
| Minimum Opening Deposit |
$10 |
NOW FEATURING EARLY PAY
With Early Pay, payday could be just that. Early.
Add direct deposits to your checking account and you could get paid up to two days sooner.1
Features and Benefits
No Overdraft Fees
No overdraft fees, no monthly maintenance fees, and no minimum balance fees.
Great with Savings
Pair with Key Active Saver® to transfer money, save with EasyUp, and avoid extra fees. The monthly fee for Key Active Saver is waived when you also have a KeyBank consumer checking account.2
Start with $10
Easily open your free checking account with an opening deposit of at least $10.
Checking that puts you in control of your money.
See the rewarding benefits of banking with Key.
Use EasyUp to build up savings or pay down debt without even thinking about it.
Visit us at any of our convenient branches and KeyBank ATMs. Find a location.
Set custom account alerts so you can receive text or email updates about the account information that's important to you.3
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,4 pay bills, send money to friends and family and more.3,5
- 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.
Frequently Asked Questions About Hassle-Free Checking
No checks, no problem. This is a checkless account with digital features that make paying just about anyone quick and easy. You can pay people or businesses using automatic payment deductions, wire transfers, online bill pay, Zelle, or your debit card. Bill Pay makes it safe, secure, and easy to pay bills and you can use it to pay almost anyone you'd normally pay by check. You maintain control, determining when and how much to pay. Best of all, bill pay is a free feature of KeyBank online and mobile banking.
If you do not have sufficient funds available to cover a transaction in your KeyBank Hassle-Free Account, this may cause the transaction to be declined.
However, based on how the payment transaction was presented to KeyBank and whether the merchant requested available balance verification, it is possible a payment could be posted to your account, resulting in an overdraft situation.
In the rare case that your account is overdrawn, KeyBank will not charge you an overdraft or NSF (non-sufficient funds) fee.
No, because the KeyBank Hassle-Free Account is a checkless account. Any third-party checks presented to KeyBank for payment will not be paid from this account and will be returned to the maker, even if there are sufficient funds in the Account. (It is important to note, you may be charged a fee by the merchant for any transaction KeyBank declines to pay against your account.)
You can access any KeyBank ATM at no charge using your KeyBank debit card. There is a $3 fee for using a non-KeyBank ATM in the United States and a $5 fee for using an ATM outside of the United States.
To take advantage of a no-monthly-maintenance-fee checking account with great benefits, including no-fee access to our full network of 40,000+ KeyBank and Allpoint ATMs, consider Key Smart Checking.
Open your checkless KeyBank Hassle-Free Account in About 5 minutes!
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.
Monthly Maintenance fee is waived if you are an owner on a KeyBank Consumer Checking Account (including KeyBank Hassle-Free Account), otherwise the fee will be $4.00.
Message and Data rates may apply from your wireless carrier.
Immediate Funds℠ is available in the KeyBank mobile app and will only appear 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.
Subject to terms and conditions in Service Agreement.
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.