KeyBank is back with their Key Select Checking® bonus. This time around they are offering $500 to new Key Select Checking® account customers after qualifying activities.
You'll need to make the minimum opening deposit of $50, plus make a total of $5,000 or more in eligible direct deposits within the first 90 days of account opening.
While this isn't quite nationwide, the bonus has a decent size footprint and is redeemable online. Check it out!
How To Earn The Bonus
The KeyBank Key Select Checking® promotion requires you to set up eligible direct deposits in order to earn the $500 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
Please refer to the institution's website for any terms and conditions that may apply.
Open a Key Select Checking® account before the bonus expires on December 19, 2025
How does this personal checking offer from KeyBank compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
HSBC
HSBC Premier
- Bonus
- up to $3000
- Account Type
- Personal Checking
- Expires In
- 39 days
- Requires
- Direct Deposit (optional)
- Min Balance (optional)
TD Bank
Beyond Checking
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 9 days
- Requires
- Direct Deposit
BMO
Personal Checking
- Bonus
- $400 Cash Bonus*
- Account Type
- Personal Checking
- Expires In
- 17 days
- Requires
- Direct Deposit
Why KeyBank?
KeyBank has more than 1,000 physical branches across 15 states. They offer no-frill deposit and loan products, and are best known for their emphasis on investing in diversity and local, under-served communities. They're an 11x Civic 50 award winner, along with a long list of diversity-focused awards: Best Places to Work for LGBTQ, Leading Disability Employer, Bloomberg's Gender-Equality Index, Military-Friendly Employer, and more.
While you can feel good about banking with a value-focused company, their rates aren't particularly impressive. But they do offer 24/7 customer support, a good digital experience, and the ability to earn better interest rates on savings and money market accounts, more cash back, loan discounts and more with KeyBank's Relationship Benefits.
Learn more in our KeyBank review
Key Select Checking®
You'll earn a $100 cash bonus, year after year with qualifying activities. This is one of the coolest ongoing benefits we've seen for an interest-bearing account.
Fees
Key Select Checking® does charge a monthly maintenance fee of $25, but there are ways to get this waived:
- Having direct deposits totaling at least $3,000 during each statement period
- OR, Having a combined balance in any combination of KeyBank checking, savings, certificates of deposit, retirement deposits, and Key Investment Services LLC accounts of $15,000 or more during each statement cycle.
Apply now for a Key Select Checking® account to earn the $500 bonus offer
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